Market Overview

GPS Tracking Device Market to Reach $2.8 Billion by 2023 - Key Players are Queclink Wireless Solutions, Concox Information Technology & Meitrack Group - Research and Markets


Research and Markets has announced the addition of the "GPS
Tracking Device Market by Type (Standalone Tracker, OBD Device & Advance
Tracker), Deployment Type (Commercial Vehicle, Cargo), Industry
(Transportation & Logistics, Metals & Mining, & Construction) &
Geography - Global Forecast to 2023"
report to their offering.

The GPS tracking device market is expected to reach USD 2.89 Billion by
2023, at a CAGR of 12.91% between 2017 and 2023.

The key driving factors for the growth of the GPS tracking device market
include the increase in sales of commercial vehicles, smaller size,
affordable price, and high ROI. Moreover, the advent of cellular
technology reduced the service cost, while the decline in GNSS/GPS IC
makes inroads in cell phone that provide the scale of economies to
GNSS/GPS module supplier.

GPS tracking device is widely used in commercial vehicles such as
trucks, trailers, buses, and light commercial vehicles for tracking
purposes. According to International Organization of Motor Vehicle
Manufacturers (OICA), the global commercial vehicle sales have surged by
3.27% and 4.37% in 2015 and 2016, respectively. Concern related to
safety and security of high-value assets and valuable data generated by
these devices engine diagnostics drive the growth of transportation &
logistics industry.

Companies Mentioned

  • Atrack Technology Inc.
  • Calamp Corporation
  • Geotab Inc.
  • Laird Plc.
  • Maestro Wireless Solutions Ltd.
  • Meitrack Group
  • Orbocomm Inc.
  • Queclink Wireless Solutions Co ., Ltd
  • Ruptela Uab
  • Shenzhen Coban Electronics Co., Ltd
  • Shenzhen Concox Information Technology Co., Ltd
  • Sierra Wireless, Inc.
  • Teltonika Uab
  • Tomtom International Bv
  • Trackimo Llc
  • Xirgo Technologies, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 GPS Tracking Device Market, By Type

7 GPS Tracking Device Market, By Deployment Type

8 Communication Technologies for Gps Tracking Device

9 GPS Tracking Device Market, By Industry

10 Gps Tracking Device Market, By Geography

11 Competitive Landscape

12 Company Profiles

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