GPS Tracking Devices Market by Player, Region, Type, Application and Distribution Channel, Forecast 2022-2030

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Increasing demand for IoT and cloud technology is a key factor driving revenue growth in GPS tracking devices market

GPS Tracking Devices Market Size – $2.15 billion in 2021, Market Growth – at a CAGR of 12.3%, Market Trends – Increasing Commercial Vehicle Sales”

— Emergence research

VANCOUVER, BC, CANADA, July 18, 2022 / — The global market size for GPS or GPS tracking devices will reach US$2.15 billion in 2021 and is expected to generate a CAGR of sales during the forecast period 12.3% will be recorded. according to a recent analysis by Emergen Research. Revenue growth in the GPS tracking market will be fueled by factors such as increasing demand for the Internet of Things (IoT) and cloud technology, increasing sales of commercial vehicles, increasing use of digital maps, and advancements and upgrades in software built into GPS -Tracking devices used, powered. GPS technology has become an integral part of modern life and GPS tracking is at the core of any car surveillance system.

The latest research report is cited as the first document offering the latest information on the GPS Tracking Devices Market hard-hit by the COVID-19 pandemic. The global health crisis poses a significant threat to the future growth of the GPS Tracking Devices industry. The report assesses the profound changes in this business environment brought about by the outbreak and considers the prominent aspects of the market that have been severely disrupted by the pandemic. The report thus elucidates the rapidly changing market scenario in this COVID-19 era, which aims to help companies in this sector overcome the gripping impact of the pandemic and formulate new growth strategies to prepare for COVID-19 to enhance.

To understand the latest key trends, download the sample report of GPS Tracking Devices Market:

The report covers the major points of the market including the standards, regulations and policy changes that will be applied to the industry by the government in the years to come. The report encompasses in-depth research conducted through the application of advanced analytical tools like SWOT analysis and Porter’s Five Forces Analysis to pinpoint the growth trends and patterns. Factors likely to impact the growth of the market, current trends, opportunities,

Major players operating in the Healthcare Business Intelligence industry are:

CalAmp, ORBCOMM, Sierra Wireless, ATrack Technology Inc., Geotab Inc., Concox, Trackimo, Meitrack Group, RUPTELA and Geoforce, Inc.

To learn more about the report, visit @

Emergen Research has segmented the global GPS tracking devices market based on technology type, deployment type, end use, and region:

Technology Type Outlook (Revenue, $Bn; 2019-2030)

Standalone tracker

OBD device

Advanced tracker

Deployment Type Outlook (Revenue, $Bn; 2019-2030)

commercial vehicles

Freight & Containers


End Use Outlook (Revenue, $Bn; 2019-2030)


Aerospace & Defense

health care

Transportation & Logistics


A closer look at aspects including but not limited to market segmentation by end-user, end-use, geography, type and application is an essential part of the research report. Furthermore, an in-depth analysis of critical factors such as spending capacity, gross margin, business environment and profit for the forecast period 2022-2030 provides key information and is based on curated facts and logical arguments. Importantly, validating statistics on recent acquisitions and mergers, collaborations, and product launches serve as testimonies to stakeholders, sales representatives, product manufacturers, and business evangelists about how a product will be positioned in the real world for years to come.

Major Regions Covered in GPS Tracking Devices Market Report:

North America


Asia Pacific

Latin America

Middle East & Africa

Quick Buy – GPS Tracking Devices Market Research Report At :

Key reasons to buy this report:

The report provides an in-depth study of the GPS Tracking Devices market and highlights its core segments. The report performs historical and future assessments of market dynamics, offering concise data in a well-organized order.

The report evaluates the key market growth potentials, market dynamic trends, driving factors, restraints, investment opportunities, and threats.

The report provides an in-depth study of the industry variables, manufacturer value chain, sales volume, market share, competitive landscape, and effective business tactics.

The report further identifies the key regions and segments dominating the market. These regions are expected to experience rapid growth over the forecast period.

Thank you for reading our report. Customization of the report is possible according to customers’ requirements. If you have any further questions about the report, please contact us. Our team will ensure your report is tailored to your needs.

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About us:

Emergen Research is a market research and consulting firm offering syndicated research reports, custom research reports and consulting services. Our solutions are solely focused on your purpose of locating, targeting and analyzing changes in consumer behavior across demographics and industries and helping customers make smarter business decisions. We offer market intelligence studies that ensure relevant and fact-based research across multiple industries including Healthcare, Touch Points, Chemicals, Types and Energy. We are constantly updating our research offerings to ensure our clients are up to date with the latest trends in the market. Emergen Research has a strong base of experienced analysts from different disciplines. Our industry experience and ability to develop a concrete solution to any research problem provides our clients with an opportunity to gain an advantage over their respective competitors.

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The global GPS or GPS tracking device market size reached USD 2.15 billion in 2021

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Jul 18, 2022 1:17pm |

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