Global GPS Tracker Market Insights, Forecast to 2025
A GPS tracking unit is a GPS device, normally carried by a moving vehicle or person, that uses the Global Positioning System (GPS) to track the devices movements, at intervals, and to determine its location, and its carrier. The recorded location data can be stored within the tracking unit, or it may be transmitted to a central location database, or Internet-connected computer, using a cellular (GPRS or SMS),mobile number radio, or satellite modem embedded in the unit. This allows the asset’s location to be displayed against a map backdrop either in real time or when analysing the track later, using GPS tracking software. Data tracking software is available for smartphones with GPS capability.
In terms of value, advanced trackers segment is projected to be the most attractive in the global GPS tracker market during the forecast period.
The GPS Tracker market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for GPS Tracker.
This report presents the worldwide GPS Tracker market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The following manufacturers are covered in this report:
GPS Tracker Breakdown Data by Type
GPS Tracker Breakdown Data by Application
GPS Tracker Production by Region
GPS Tracker Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global GPS Tracker status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key GPS Tracker manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of GPS Tracker :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of GPS Tracker market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.