Press release
GPS Tracker Market Set for Strong Growth by 2030 | Fleet Management & IoT Integration Driving Demand
GPS Tracker Market SizeThe global market for GPS Tracker was valued at US$ 1651 million in the year 2024 and is projected to reach a revised size of US$ 3544 million by 2031, growing at a CAGR of 11.7% during the forecast period.
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The global top five GPS tracker manufacturers include Shenzhen Jimi, CalAmp, Queclink Wireless Solutions, Teltonika, Meitrack, which together account for about 55% of the market share, of which the largest manufacturer is Shenzhen Jimi loT, with a market share of 15%. China is the global leading producer of GPS trackers, with a market share of over 65%. In terms of type, the market share of stand-alone tracker is over 50%. In the field of application, the market share of automobiles reaches more than 40%.
By Type
• Standalone Tracker
• Premium Tracker
By Application
• Automotive
• Assets
• Personal
• Pet
Key Companies
Shenzhen Jimi loT, CalAmp, Queclink Wireless Solutions, Teltonika, Meitrack, Orbcomm, Eelink, Sierra Wireless, Shenzhen Thinkrace Technology, ARKNAV, Suntech, Ruptela, Coban
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