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2022
Vehicle Tracking System Market

Vehicle Tracking System Market by Type (Active and Passive), Vehicle Type (Passenger Cars and Commercial Vehicles), Technology (GPS/Satellite, GPRS/Cellular Networks and Dual Mode) and Component (Hardware and Software): Global Opportunity Analysis and Industry Forecast, 2021–2030

A03510
Pages: 285
Oct 2021 | 19717 Views
   
Author(s) : Akshay Jadhav, Akshay Jawarkar , Sonia Mutreja
Tables: 161
Charts: 86
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Vehicle Tracking System Market Statistics 2030 -

The global vehicle tracking system market was valued at $17.37 billion in 2020, and is projected to reach $109.95 billion by 2030, registering a CAGR of 19.7% from 2021 to 2030.

The spread of the COVID-19 pandemic has negatively impacted the global vehicle tracking system market, owing to commute restrictions and expected weak financial performance of the market players in 2020. The economic impact of the pandemic is visible with organizations preparing strategic cost-saving plans. Organizations with vehicle assets are considering sale and leaseback options to improve cash flow. The major risk factors of the vehicle tracking system participants are supply chain execution, regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management. Although, FMCG, retail, agriculture pharmaceuticals, and other essential services provider are not being able to dispatch the stored products owing to the fewer number of transporters. To manage and cater to the continuous supply of essentials, the demand for vehicle tracking hardware and managing software increased.

Vehicle tracking system is a system that used global positioning system (GPS) or cellular network to track and monitor the activity of vehicle. It includes vehicle tracking & monitoring remotely, vehicle maintenance, vehicle diagnostics, fuel management, route optimization, driver management and safety management. The vehicle tracking systems work in a loop of GPS, GSM/GPRS, digital maps, and special software.

Vehicle-Tracking-System-Market

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A tracking module equipped in the vehicle continuously picks up the GPS coordinates that indicate the real-time location of the vehicle. Using a cellular data service, the coordinates are immediately transmitted to the user’s computers. Customers log in to the software to see their vehicles on road maps, similar to in-dash and handheld GPS-based navigation systems. There are non-real-time tracking systems in which the in-vehicle module records the coordinates, but does not relay them for real-time monitoring. The data are downloaded from the module when the vehicle is returned at the end of the trip.

The key factor that drives the growth of the global vehicle tracking systems market includes integration of real-time monitoring and fuel management in vehicles and safety & security concern within transportation services. Moreover, increase in fleet operations especially in emerging markets is expected to boost the revenue growth of the market during the forecast period. However, price concerns of fleet owners, data privacy infringement along with the cyber security threats and atmospheric inference concern is expected to hinder the market growth. Conversely, rise in adoption of intelligent transport systems, emergence of 5G into vehicle connectivity and growing adoption of mobility-as-a-service (MaaS) are anticipated to provide lucrative growth opportunities for the growth of the market.

Vehicle Tracking System Market
By Type

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Active is projected as the most lucrative segments

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The vehicle tracking systems market is segmented on the basis of type, vehicle type, technology, component, and region. By type, the market is bifurcated into active and passive. By type of vehicle, it is divided into passenger cars and commercial vehicles. By technology, it is fragmented into GPS/satellite, GPRS/cellular networks, and dual mode. In terms of component, it is segregated into hardware and software. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The companies profiled in the global vehicle tracking systems industry report are CalAmp, Cartrack Holdings Limited, Continental AG, Geotab Inc., Trackimo, Teltonika, Teletrac Navman US Ltd, Tomtom, Inc., Verizon Communication Inc. and Xirgo Technologies, LLC

Vehicle Tracking System Market
By Vehicle Type

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Commercial vehicle is projected as the most lucrative segments

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Integration of real-time monitoring and fuel management in vehicles

Vehicle owner and fleet operators can track their vehicles in real-time and check if drivers are following the suggested path or if there are diversions. For such fleet management, cloud-based solutions, such as AI, IoT, and big data, are used to collect primary data. For instance, Techwave Consulting Inc. uses sensors that can be embedded in vehicles to monitor high-value goods as they connect to the cloud and transmit the data in real-time. Furthermore, activities that are crucial in vehicle tracking system include vehicle & driver tracking, asset management, two-way communication, driver safety & time management, rescheduling the delivery task, and others. Moreover, introduction of innovative products and advantages of using vehicle tracking system, such as quick access & response, wide-area coverage, and cost reduction, helps vendors to increase their productivity and efficiency, thereby escalating the demand for vehicle tracking system. Moreover, many vehicle owners and fleet operators are facing an issue to measure accurate consumption of fuel required for vehicles, owing to lack of technical know-how about fuel monitoring tools. Therefore, by leveraging the Internet of Things (IoT), fuel can be controlled. Specially designed sensors are embedded in the fuel tanks that send notifications to the user’s mobile handsets and computers about the fuel level in vehicles through the public cloud. Furthermore, vehicle tracking system helps vehicle management by identifying the driver behavior with the help of sensors embedded in the vehicle. This includes the number of hours that the driver is driving, harsh braking, slow & speed driving, consistency in the speed limit, frequent halts, and harsh acceleration. Thus, the integration of real-time monitoring and fuel management in vehicles drives the market growth.

Increase in fleet operations especially in the emerging markets

The demand for vehicle tracking system has increased to make sure vehicle safety and eliminate idle time with increased use of internet and technological developments in connectivity. Directives such as e-call services have aided the fleet owners to obtain emergency alerts. Fleet operators and logistics businesses can capitalize on the vehicle tracking technology as one of the main drivers of profitability. 

Vehicle Tracking System Market
By Technology

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GPS/Satellite is projected as the most lucrative segments

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For instance, China, Japan, and South Korea are leading Asia's electric/hybrid trend. These steps are taken to increase the number of fleet cars on road. Accordingly, fleet operations are anticipated to grow at a faster rate in emerging regions such as Asia-Pacific and Latin America.  

Data privacy infringement along with the cyber security threats

Data related to vehicle contain sensitive information, such as the vehicle make, drivers’ personal details, and routes traversed. The data can be exploited for carrying out malicious or criminal activities, including vehicle robberies and planned crime. Data privacy infringement is a major reason discouraging end customers from using vehicle tracking system, especially in North American countries and China, where regulations are stringent. Moreover, events, such as unauthorized access to multiple vehicle connectivity solutions or breaking into the in-vehicle connectivity system. The major security concern is that the hacker has access to the computer system of the vehicles as well as to the data that it collects and stores. Therefore, data privacy infringement along with the cyber security threats of vehicle tracking system is expected to hamper the growth of the market.

Vehicle Tracking System Market
By Component

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Software is projected as the most lucrative segments

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Rise in adoption of Mobility-as-a-service (MaaS)

Various companies and government authorities across the world have come up with a mobility-as-a-service model to reduce traffic and carbon emissions. They are introducing ride-hailing, carpooling, car sharing, and more options for commuters instead of using their private vehicle. Vehicle tracking system provider companies are likely to benefit from this service. The hardware device and software is expected to assist in gaining insights regarding pick-ups, drop-offs, and vehicle telematics, and payment activities. For instance, in August 2020, Zoomcar introduced 'Zoomcar Mobility Stack' (ZMS), a software stack, for corporates and fleet owners to keep track of vehicle status and drivers’ behavior in real-time to prevent rash driving and control vehicular damage. Moreover, the mobility service providers such as Lyft, Uber, Ola, DiDi and others announce their plans to introduce autonomous vehicles and robo-taxies in their fleets. Therefore, surge in adoption of Mobility-as-a-service (MaaS) offers different opportunities for market expansion. 

Covid-19 Scenario Analysis 

The spread of the COVID-19 pandemic has negatively impacted the global vehicle tracking system market, owing to commute restrictions and expected weak financial performance of the market players in 2020. The economic impact of the pandemic is visible with organizations preparing strategic cost-saving plans. Organizations with vehicle assets are considering sale and leaseback options to improve cash flow. The major risk factors of the vehicle tracking system participants are supply chain execution, regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management. Although, FMCG, retail, agriculture pharmaceuticals, and other essential services provider are not being able to dispatch the stored products owing to the fewer number of transporters. To manage and cater to the continuous supply of essentials, the demand for vehicle tracking hardware and managing software increased.

Vehicle Tracking System Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

LAMEA would exhibit the highest CAGR of 21.7% during 2021-2030.

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the global vehicle tracking system market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall vehicle tracking system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global vehicle tracking system market with a detailed impact analysis.
  • The current vehicle tracking system market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

  • BY APPLICATION
    • MOBILE TRACKING
    • CELLULAR TRACKING
    • SATELLITE TRACKING
  • BY VEHICLE TYPE
    • COMMERCIAL VEHICLES
    • PASSENGER VEHICLES
  • BY TYPE
    • Active
    • Passive
  • BY INDUSTRY VERTICAL
    • Transportation and Logistics
    • Construction & Manufacturing
    • Aviation
    • Retail
    • Government
    • Other Industry Verticals
  • BY REGION
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Rest of Asia Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • AT&T Inc
  • Cartrack Holdings Limited
  • Continental AG
  • ROBERT BOSCH GMBH
  • VERIZON COMMUNICATION INC
  • SPIREON INC
  • GEOTAB INC
  • INSEEGO CORP
  • TOMTOM, INC
  • TELETRAC NAVMAN US LTD
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter's five forces analysis
3.4.Market share analysis, 2020 (%)
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Integration of real-time monitoring and fuel management in vehicles
3.5.1.2.Safety and security concern within transportation services
3.5.1.3.Increase in fleet operations especially in the emerging markets

3.5.2.Restraints

3.5.2.1.Price concerns of fleet owners
3.5.2.2.Data privacy infringement along with the cyber security threats
3.5.2.3.Atmospheric inference concern

3.5.3.Opportunities

3.5.3.1.Rise in adoption of intelligent transport systems
3.5.3.2.Emergence of 5G into vehicle connectivity
3.5.3.3.Rise in adoption of Mobility-as-a-service (MaaS)

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macro-economic impact analysis
3.6.3.Micro-economic impact analysis
3.6.4.Impact on industry analysis

3.7.North America passenger car dongle market, by type

CHAPTER 4:VEHICLE TRACKING SYSTEM MARKET, BY TYPE

4.1.Market overview
4.2.Active

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Passive

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE

5.1.Market overview
5.2.Passenger cars

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Commercial vehicles

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY

6.1.Market overview
6.2.GPS/Satellite

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.GPRS/Cellular networks

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Dual mode

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT

7.1.Market overview
7.2.Hardware

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country
7.2.4.OBD Device/ Tracker

7.2.4.1.Market size and forecast

7.2.5.Standalone Tracker

7.2.5.1.Market size and forecast

7.3.Software

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country
7.3.4.Vehicle Diagnostics

7.3.4.1.Market size and forecast

7.3.5.Performance Measurement

7.3.5.1.Market size and forecast

7.3.6.Fleet Analytics & Reporting

7.3.6.1.Market size and forecast

7.3.7.Others

7.3.7.1.Market size and forecast

CHAPTER 8:VEHICLE TRACKING SYSTEM MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by type
8.2.3.Market size and forecast, by vehicle type
8.2.4.Market size and forecast, by technology
8.2.5.Market size and forecast, by component
8.2.6.Market size and forecast, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by type
8.2.6.1.2.Market size and forecast, by vehicle type
8.2.6.1.3.Market size and forecast, by technology
8.2.6.1.4.Market size and forecast, by component

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by type
8.2.6.2.2.Market size and forecast, by vehicle type
8.2.6.2.3.Market size and forecast, by technology
8.2.6.2.4.Market size and forecast, by component

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by type
8.2.6.3.2.Market size and forecast, by vehicle type
8.2.6.3.3.Market size and forecast, by technology
8.2.6.3.4.Market size and forecast, by component

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by type
8.3.3.Market size and forecast, by vehicle type
8.3.4.Market size and forecast, by technology
8.3.5.Market size and forecast, by component
8.3.6.Market size and forecast, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by type
8.3.6.1.2.Market size and forecast, by vehicle type
8.3.6.1.3.Market size and forecast, by technology
8.3.6.1.4.Market size and forecast, by component

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by type
8.3.6.2.2.Market size and forecast, by vehicle type
8.3.6.2.3.Market size and forecast, by technology
8.3.6.2.4.Market size and forecast, by component

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by type
8.3.6.3.2.Market size and forecast, by vehicle type
8.3.6.3.3.Market size and forecast, by technology
8.3.6.3.4.Market size and forecast, by component

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by type
8.3.6.4.2.Market size and forecast, by vehicle type
8.3.6.4.3.Market size and forecast, by technology
8.3.6.4.4.Market size and forecast, by component

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by type
8.3.6.5.2.Market size and forecast, by vehicle type
8.3.6.5.3.Market size and forecast, by technology
8.3.6.5.4.Market size and forecast, by component

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by type
8.4.3.Market size and forecast, by vehicle type
8.4.4.Market size and forecast, by technology
8.4.5.Market size and forecast, by component
8.4.6.Market size and forecast, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by type
8.4.6.1.2.Market size and forecast, by vehicle type
8.4.6.1.3.Market size and forecast, by technology
8.4.6.1.4.Market size and forecast, by component

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by type
8.4.6.2.2.Market size and forecast, by vehicle type
8.4.6.2.3.Market size and forecast, by technology
8.4.6.2.4.Market size and forecast, by component

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by type
8.4.6.3.2.Market size and forecast, by vehicle type
8.4.6.3.3.Market size and forecast, by technology
8.4.6.3.4.Market size and forecast, by component

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast, by type
8.4.6.4.2.Market size and forecast, by vehicle type
8.4.6.4.3.Market size and forecast, by technology
8.4.6.4.4.Market size and forecast, by component

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast, by type
8.4.6.5.2.Market size and forecast, by vehicle type
8.4.6.5.3.Market size and forecast, by technology
8.4.6.5.4.Market size and forecast, by component

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by type
8.5.3.Market size and forecast, by vehicle type
8.5.4.Market size and forecast, by technology
8.5.5.Market size and forecast, by component
8.5.6.Market size and forecast, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by type
8.5.6.1.2.Market size and forecast, by vehicle type
8.5.6.1.3.Market size and forecast, by technology
8.5.6.1.4.Market size and forecast, by component

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by type
8.5.6.2.2.Market size and forecast, by vehicle type
8.5.6.2.3.Market size and forecast, by technology
8.5.6.2.4.Market size and forecast, by component

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by type
8.5.6.3.2.Market size and forecast, by vehicle type
8.5.6.3.3.Market size and forecast, by technology
8.5.6.3.4.Market size and forecast, by component

CHAPTER 9:COMPANY PROFILES

9.1.CALAMP

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments

9.2.CARTRACK HOLDINGS LIMITED

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D expenditure
9.2.7.Business performance

9.3.CONTINENTAL AG

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.R&D expenditure
9.3.7.Business performance
9.3.8.Key strategic moves and developments

9.4.GEOTAB INC.

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Key strategic moves and developments

9.5.TRACKIMO

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments

9.6.TELTONIKA

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments

9.7.TELETRAC NAVMAN US LTD

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments

9.8.TOMTOM, INC.

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Business performance
9.8.7.Key strategic moves and developments

9.9.VERIZON COMMUNICATION INC.

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.XIRGO TECHNOLOGIES, LLC (SENSATA TECHNOLOGIES, INC.)

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.R&D expenditure
9.10.7.Business performance
9.10.8.Key strategic moves and developments

9.11.AT&T INC.

9.11.1.Company overview
9.11.2.Key executives
9.11.3.Company snapshot
9.11.4.Operating business segments
9.11.5.Product portfolio
9.11.6.Business performance
9.11.7.Key strategic moves and developments

9.12.INSEEGO CORP.

9.12.1.Company overview
9.12.2.Key executives
9.12.3.Company snapshot
9.12.4.Operating business segments
9.12.5.Product portfolio
9.12.6.R&D expenditure
9.12.7.Business performance
9.12.8.Key strategic moves and developments

9.13.ROBERT BOSCH GmbH

9.13.1.Company overview
9.13.2.Key executives
9.13.3.Company snapshot
9.13.4.Operating business segments
9.13.5.Product portfolio
9.13.6.R&D expenditure
9.13.7.Business performance
9.13.8.Key strategic moves and developments

9.14.SPIREON INC.

9.14.1.Company overview
9.14.2.Key executives
9.14.3.Company snapshot
9.14.4.Product portfolio
9.14.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.NORTH AMERICA PASSENGER CAR DONGLE MARKET, BY TYPE, 2020–2030 (UNITS)
TABLE 02.GLOBAL VEHICLE TRACKING SYSTEM MARKET REVENUE, BY TYPE, 2020–2030 ($MILLION)
TABLE 03.ACTIVE VEHICLE TRACKING SYSTEM MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04.PASSIVE VEHICLE TRACKING SYSTEM MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 05.GLOBAL VEHICLE TRACKING SYSTEM MARKET REVENUE, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 06.VEHICLE TRACKING SYSTEM MARKET REVENUE, FOR PASSENGER CARS, BY REGION, 2020–2030 ($MILLION)
TABLE 07.VEHICLE TRACKING SYSTEM MARKET, FOR COMMERCIAL VEHICLES, BY REGION, 2020–2030 ($MILLION)
TABLE 08.GLOBAL VEHICLE TRACKING SYSTEM MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 09.VEHICLE TRACKING SYSTEM MARKET, FOR GPS/SATELLITE, BY REGION, 2020–2030 ($MILLION)
TABLE 10.VEHICLE TRACKING SYSTEM MARKET REVENUE, FOR GPRS/CELLULAR NETWORKS, BY REGION, 2020–2030 ($MILLION)
TABLE 11.VEHICLE TRACKING SYSTEM MARKET, FOR DUAL MODE, BY REGION, 2020–2030 ($MILLION)
TABLE 12.GLOBAL VEHICLE TRACKING SYSTEM MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 13.VEHICLE TRACKING SYSTEM MARKET, FOR HARDWARE, BY REGION, 2020–2030 ($MILLION)
TABLE 14.VEHICLE TRACKING SYSTEM MARKET REVENUE, FOR SOFTWARE, BY REGION, 2020–2030 ($MILLION)
TABLE 15.VEHICLE TRACKING SYSTEM MARKET, BY REGION 2020–2030 ($ MILLION)
TABLE 16.NORTH AMERICA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 17.NORTH AMERICA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 18.NORTH AMERICA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 19.NORTH AMERICA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 20.U.S. VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 21.U.S. VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 22.U.S. VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 23.U.S. VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 24.CANADA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 25.CANADA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 26.CANADA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 27.CANADA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 28.MEXICO VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 29.MEXICO VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 30.MEXICO VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 31.MEXICO VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 32.EUROPE VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 33.EUROPE VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 34.EUROPE VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 35.EUROPE VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 36.UK VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 37.UK VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 38.UK VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 39.UK VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 40.GERMANY VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 41.GERMANY VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 42.GERMANY VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 43.GERMANY VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 44.FRANCE VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 45.FRANCE VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 46.FRANCE VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 47.FRANCE VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 48.ITALY VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 49.ITALY VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 50.ITALY VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 51.ITALY VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 52.REST OF EUROPE VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 53.REST OF EUROPE VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 54.REST OF EUROPE VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 55.REST OF EUROPE VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 56.ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 57.ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 58.ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 59.ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 60.CHINA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 61.CHINA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 62.CHINA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 63.CHINA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 64.JAPAN VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 65.JAPAN VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 66.JAPAN VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 67.JAPAN VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 68.INDIA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 69.INDIA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 70.INDIA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 71.INDIA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 72.SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 73.SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 74.SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 75.SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 76.REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 77.REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 78.REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 79.REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 80.LAMEA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 81.LAMEA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 82.LAMEA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 83.LAMEA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 84.LATIN AMERICA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 85.LATIN AMERICA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 86.LATIN AMERICA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 87.LATIN AMERICA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 88.MIDDLE EAST VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 89.MIDDLE EAST VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 90.MIDDLE EAST VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 91.MIDDLE EAST VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 92.AFRICA VEHICLE TRACKING SYSTEM MARKET, BY TYPE, 2020–2030 ($ MILLION)
TABLE 93.AFRICA VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, 2020–2030 ($ MILLION)
TABLE 94.AFRICA VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, 2020–2030 ($ MILLION)
TABLE 95.AFRICA VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, 2020–2030 ($ MILLION)
TABLE 96.CALAMP: KEY EXECUTIVES
TABLE 97.CALAMP: COMPANY SNAPSHOT
TABLE 98.CALAMP: OPERATING BUSINESS SEGMENTS
TABLE 99.CALAMP: PRODUCT PORTFOLIO
TABLE 100.CALAMP: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 101.CALAMP: NET SALES, 2018–2020 ($MILLION)
TABLE 102.CARTRACK HOLDINGS LIMITED: KEY EXECUTIVES
TABLE 103.CARTRACK HOLDINGS LIMITED: COMPANY SNAPSHOT
TABLE 104.CARTRACK HOLDINGS LIMITED: OPERATING BUSINESS SEGMENTS
TABLE 105.CARTRACK HOLDINGS LIMITED.: PRODUCT PORTFOLIO
TABLE 106.CARTRACK HOLDINGS LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 107.CARTRACK HOLDINGS LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 108.CONTINENTAL AG: KEY EXECUTIVES
TABLE 109.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 110.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 111.CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 112.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 113.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
TABLE 114.SPIREON, INC.: KEY EXECUTIVES
TABLE 115.GEOTAB INC.: COMPANY SNAPSHOT
TABLE 116.GEOTAB INC.: PRODUCT PORTFOLIO
TABLE 117.TRACKIMO: KEY EXECUTIVES
TABLE 118.TRACKIMO: COMPANY SNAPSHOT
TABLE 119.TRACKIMO: PRODUCT PORTFOLIO
TABLE 120.TELTONIKA: KEY EXECUTIVES
TABLE 121.TELTONIKA: COMPANY SNAPSHOT
TABLE 122.TELTONIKA: PRODUCT PORTFOLIO
TABLE 123.TELETRAC NAVMAN US LTD: KEY EXECUTIVES
TABLE 124.TELETRAC NAVMAN US LTD: COMPANY SNAPSHOT
TABLE 125.TELETRAC NAVMAN US LTD: PRODUCT PORTFOLIO
TABLE 126.TOMTOM, INC.: KEY EXECUTIVES
TABLE 127.TOMTOM, INC.: COMPANY SNAPSHOT
TABLE 128.TOMTOM, INC.: OPERATING BUSINESS SEGMENTS
TABLE 129.TOMTOM, INC.: PRODUCT PORTFOLIO
TABLE 130.TOMTOM, INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 131.VERIZON COMMUNICATIONS INC.: KEY EXECUTIVES
TABLE 132.VERIZON COMMUNICATION INC.: COMPANY SNAPSHOT
TABLE 133.VERIZON COMMUNICATION INC.: OPERATING BUSINESS SEGMENTS
TABLE 134.VERIZON COMMUNICATION INC.: PRODUCT PORTFOLIO
TABLE 135.VERIZON COMMUNICATION INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 136.XIRGO TECHNOLOGIES, LLC: KEY EXECUTIVES
TABLE 137.XIRGO TECHNOLOGIES, LLC: COMPANY SNAPSHOT
TABLE 138.XIRGO TECHNOLOGIES, LLC: OPERATING BUSINESS SEGMENTS
TABLE 139.XIRGO TECHNOLOGIES, LLC: PRODUCT PORTFOLIO
TABLE 140.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 141.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): NET SALES, 2018–2020 ($MILLION)
TABLE 142.AT&T INC.: KEY EXECUTIVES
TABLE 143.AT&T INC.: COMPANY SNAPSHOT
TABLE 144.AT&T INC.: OPERATING BUSINESS SEGMENTS
TABLE 145.AT&T INC.: PRODUCT PORTFOLIO
TABLE 146.AT&T INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 147.INSEEGO CORP.: KEY EXECUTIVES
TABLE 148.INSEEGO CORP.: COMPANY SNAPSHOT
TABLE 149.INSEEGO CORP.: OPERATING BUSINESS SEGMENTS
TABLE 150.INSEEGO CORP.: PRODUCT PORTFOLIO
TABLE 151.INSEEGO CORP.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 152.INSEEGO CORP.: NET SALES, 2018–2020 ($MILLION)
TABLE 153.ROBERT BOSCH GMBH: KEY EXECUTIVES
TABLE 154.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 155.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 156.ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 157.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 158.ROBERT BOSCH GMBH: NET SALES, 2018–2020 ($MILLION)
TABLE 159.SPIREON, INC.: KEY EXECUTIVES
TABLE 160.SPIREON INC.: COMPANY SNAPSHOT
TABLE 161.SPIREON INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018-2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018-2021*
FIGURE 09.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.MODERATE THREAT OF NEW ENTRANTS
FIGURE 13.MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 14.MARKET SHARE ANALYSIS, 2020 (%)
FIGURE 15.GLOBAL VEHICLE TRACKING SYSTEM MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ACTIVE VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF PASSIVE VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
FIGURE 18.GLOBAL VEHICLE TRACKING SYSTEM MARKET SHARE, BY VEHICLE TYPE, 2020–2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR PASSENGER CARS, BY COUNTRY,  2020–2030 ($MILLION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020–2030 ($MILLION)
FIGURE 21.GLOBAL VEHICLE TRACKING SYSTEM MARKET SHARE, BY TECHNOLOGY, 2020–2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR GPS/SATELLITE, BY COUNTRY, 2020–2030 ($MILLION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR GPRS/CELLULAR NETWORKS, BY COUNTRY, 2020–2030 ($MILLION)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR DUAL MODE, BY COUNTRY,  2020–2030 ($MILLION)
FIGURE 25.GLOBAL VEHICLE TRACKING SYSTEM MARKET SHARE, BY COMPONENT, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR HARDWARE, BY COUNTRY,  2020–2030 ($MILLION)
FIGURE 27.VEHICLE TRACKING SYSTEM MARKET, FOR OBD DEVICE/ TRACKER, 2020–2030 ($MILLION))
FIGURE 28.VEHICLE TRACKING SYSTEM MARKET, FOR STANDALONE TRACKER, 2020–2030 ($MILLION))
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET FOR SOFTWARE, BY COUNTRY,  2020–2030 ($MILLION)
FIGURE 30.VEHICLE TRACKING SYSTEM MARKET, FOR VEHICLE DIAGNOSTICS, 2020–2030 ($MILLION))
FIGURE 31.VEHICLE TRACKING SYSTEM MARKET, FOR PERFORMANCE MEASUREMENT, 2020–2030 ($MILLION))
FIGURE 32.VEHICLE TRACKING SYSTEM MARKET, FOR FLEET ANALYTICS & REPORTING, 2020–2030 ($MILLION))
FIGURE 33.VEHICLE TRACKING SYSTEM MARKET, FOR OTHERS, 2020–2030 ($MILLION))
FIGURE 34.VEHICLE TRACKING SYSTEM MARKET, BY REGION, 2020-2030 (%)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 36.U.S. VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 37.CANADA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 38.MEXICO VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 40.UK VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 41.GERMANY VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 42.FRANCE VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 43.ITALY VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 44.REST OF EUROPE VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 45.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 46.CHINA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 47.JAPAN VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 48.INDIA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 49.SOUTH KOREA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 50.REST OF ASIA-PACIFIC VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 51.COMPARATIVE SHARE ANALYSIS OF VEHICLE TRACKING SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 52.LATIN AMERICA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 53.MIDDLE EAST VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 54.AFRICA VEHICLE TRACKING SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 55.CALAMP: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.CALAMP: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.CALAMP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.CALAMP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.CARTRACK HOLDINGS LIMITED: R&D EXPENDITURE, 2019–2020 ($MILLION)
FIGURE 60.CARTRACK HOLDINGS LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 61.CARTRACK HOLDINGS LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.CARTRACK HOLDINGS LIMITED: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 64.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 65.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 66.CONTINENTAL AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.TOMTOM, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 68.TOMTOM, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.TOMTOM, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 70.VERIZON COMMUNICATION INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 71.VERIZON COMMUNICATION INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 72.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): R&D EXPENDITURE,  2018–2020 ($MILLION)
FIGURE 73.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): NET SALES, 2018–2020 ($MILLION)
FIGURE 74.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 75.SENSATA TECHNOLOGIES, INC. (PARENT COMPANY OF XIRGO TECHNOLOGIES, LLC): REVENUE SHARE BY REGION, 2020 (%)
FIGURE 76.AT&T INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 77.AT&T INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 78.AT&T INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 79.INSEEGO CORP.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 80.INSEEGO CORP.: NET SALES, 2018–2020 ($MILLION)
FIGURE 81.INSEEGO CORP.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 82.INSEEGO CORP.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 83.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 84.ROBERT BOSCH GMBH: NET SALES, 2018–2020 ($MILLION)
FIGURE 85.ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 86.ROBERT BOSCH GMBH: REVENUE SHARE BY REGION, 2020 (%)

 
 

The vehicle tracking system market is projected to witness considerable growth, owing increase in automotive sales by aspiring Asian consumers. Moreover, there is an increase in fleet operations in this region owing to adoption of public transportation and other commercial activities.

In addition, various leading manufacturers such as Cartrack Holdings Limited and Verizon Communications Inc. occupy prominent revenue share in the vehicle tracking systems market. Key companies have focused on product development and partnership to strengthen their foothold in the market. For instance, Cartrack Holdings Limited updated its Mi-Fleet software with a thought to simplify the fleet operation with no additional cost. Verizon Communication Inc. partnered with Gravel Conveyors Inc. to implement Verizon connect REVEAL fleet management software to reduce costs and improve fleet performance. Moreover, innovative marketing and positioning strategies have influenced the expansion of the global vehicle tracking systems market.

The key factor that drives the growth of the global vehicle tracking systems market includes integration of real-time monitoring and fuel management in vehicles and safety & security concern within transportation services. Moreover, increase in fleet operations especially in emerging markets is expected to boost the revenue growth of the market during the forecast period. However, price concerns of fleet owners, data privacy infringement along with the cyber security threats and atmospheric inference concern is expected to hinder the market growth. Conversely, rise in adoption of intelligent transport systems, emergence of 5G into vehicle connectivity and growing adoption of mobility-as-a-service (MaaS) are anticipated to provide lucrative growth opportunities for the growth of the market.

Among the analyzed regions, Asia-Pacific is the highest revenue contributor, followed by Europe, North America, and LAMEA. On the basis of growth rate, LAMEA is expected to lead during the forecast period, owing to rise in GDP in African economies, adoption of telematics & Global navigation satellite system (GNSS) in a few Middle East countries, and rapid urbanization in Latin America.

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A. There are differrent types of vehicle tracking system based on the technology such as GPS/Satellite-based, GPRS/Cellular networks-based and Dual mode, also vehicle tracking system further splits into hardware-based and software based.

A. The global vehicle tracking system market was valued at $17,378.40 million in 2020, and is projected to reach $109,953.80 million by 2030, registering a CAGR of 19.7% from 2021 to 2030.

A. The sample for global vehicle tracking system market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. There are certain upcoming trands in vehicle tracking system industry such as growing adoption of Mobility-as-a-service (MaaS), emergence of 5G into vehicle connectivity and rise in adoption of intelligent transport systems

A. There are certain outlook in vehicle tracking system industry including ntegration of real-time monitoring and fuel management in vehicles and increase in fleet operations especially in the emerging markets

A. The company profiles of the top market players of vehicle tracking system service industry can be obtained from the company profile section mentioned in the report

A. Vehicle tracking system industry was valued at $17,378.40 million in 2020, and is projected to reach $109,953.80 million by 2030

A. Verizon Communication Inc, Continental AG, TomTom, and CalAmp are among the companies who holds the most market share in vehicle tracking system

A. Canada, UK, India and Africa are the key matured markets growing in the vehicle tracking system industry

A. There are certain known and unknown adjacencies impacting the vehicle tracking system market including atmospheric inference concern, data privacy infringement along with the cyber security threats and price concerns of fleet owners

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