Press release
Lucintel Forecasts GPS Tracking Device Market to Reach $4 billion by 2030
According to the recent study the GPS tracking device market is projected to reach an estimated $4 Billion by 2030 from $2.3 billion in 2023, at a CAGR of 10.0% from 2023 to 2030. Growth in this market is primarily driven by growth in the transportation a
According to the recent study the GPS tracking device market [https://www.lucintel.com/gps-tracking-device-market.aspx] is projected to reach an estimated $4 Billion by 2030 from $2.3 billion in 2023, at a CAGR of 10.0% from 2023 to 2030. Growth in this market is primarily driven by growth in the transportation and logistics industry and affordable price of GPS tracking devices.
Browse 88 figures / charts and 79 tables in this 190 -page report to understand trends, opportunities and forecast in GPS tracking device market by end use industry (transportation and logistics, construction, oil and gas, metal and mining, government, and others), device type (standalone trackers, OBD devices, and advanced trackers), deployment (commercial vehicles, cargo and containers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that GPS tracking device for the commercial vehicle market will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to growth in commercial vehicle production and increasing uses of GPS tracking devices in the transportation and logistic industry.
Within the GPS tracking device market, transportation and logistics will remain the largest end use industry due to increasing adoption of GPS tracking in the transportation and logistics sector for real time fleet management and affordable price of GPS tracking devices.
Download sample by clicking on GPS tracking device market [https://www.lucintel.com/gps-tracking-device-market.aspx]
North America will remain the largest region due to the increasing adoption of intelligent transport systems. APAC is expected to witness the highest growth over the forecast period, supported by increasing vehicle production and increasing trade activities.
CalAmp Corporation, Orbcomm Inc., Sierra Wireless, ATrack Technology, Geotab, are the major suppliers in the GPS tracking device market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel [http://www.lucintel.com/], we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1 972.636.5056
Explore Our Latest Publications
Bicycle Infotainment System Market
Electric Ship Market
Electric Vehicle Infotainment Market
Electric Vehicle Polymer Market
Electronic Logging Device Market
Fixed-Wing VTOL UAV Market
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-gps-tracking-device-market-to-reach-4-billion-by-2030]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lucintel Forecasts GPS Tracking Device Market to Reach $4 billion by 2030 here
News-ID: 3747478 • Views: …
More Releases from ABNewswire
NearStream: Best Mic for Podcasting - Professional Audio for Creators and Busine …
In the fast-growing world of digital media, podcasting has become one of the most powerful tools for storytelling, marketing, and community building. Whether you're an independent creator or a business professional, high-quality audio plays a crucial role in delivering a compelling message. Poor sound quality can undermine even the most insightful discussion, making it essential to choose the right microphone for your podcast setup.
But with dozens of models on the…
TRUEiGTECH Expands Portfolio: Prediction Market Software Now Core to iGaming Sui …
In only a few years, prediction markets have gone from being little parts of the internet to becoming part of the main digital ecosystem. These prediction market platforms [https://www.trueigtech.com/prediction-software-development/] will be utilized for more than just fun and curiosity by 2025. They will also be used to predict trends, measure public opinion, and gather commercial information. A new generation of technology that combines market logic with clear data models is…
JK Concrete Contractor Fort Worth Celebrates Growth as Tarrant County's Trusted …
JK Concrete Contractor Fort Worth expands capacity serving more homeowners and businesses-concrete driveways, patios, foundations, decorative concrete, complete solutions for residential and commercial properties throughout Tarrant County. Located at 1100 W Cannon St, #241, Fort Worth, TX 76104, the company experiences significant growth from increasing demand for quality concrete work-Fort Worth neighborhoods needing reliable contractors, property owners tired of substandard installations, commercial clients requiring professional solutions. Call (469) 252-8309 for…
FloatField Launches AI-Powered Outbound Automation System to Transform B2B Lead …
United States - November 19, 2025 - FloatField, [http://floatfield.com/]an emerging innovator in sales technology, today announced the launch of its groundbreaking AI-powered outbound automation system designed specifically for B2B companies. The platform is engineered to help businesses generate consistent, sales-ready leads by leveraging advanced AI-driven scraping, enrichment, and personalized outreach-all in one unified system.
Revolutionizing Outbound Prospecting
Traditional outbound prospecting has long been plagued by inefficiencies, high costs, and the need for…
More Releases for GPS
GPS Market Potential Surge Evaluating GPS Market Growth Opportunities Ahead - 20 …
In recent years, the global GPS Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on GPS Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS …
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS Tracker? All You Need To Know About AirBolt GPS Tracker Before You Buy.
Looking for a game-changer in the realm of GPS trackers? Enter the AirBolt GPS, a revolutionary device that transcends the limitations of traditional Bluetooth trackers and bulky GPS units. Boasting four years of dedicated refinement, AirBolt presents a masterpiece of technology that redefines tracking…
Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving…
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Mark …
Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop…
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,…
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market
Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four…
