According to a market report by Lucintel, the future of the global GPS tracking market looks promising with opportunities in the transportation & logistic, construction, oil & gas, metal & mining, and government markets. The global GPS tracking market is expected to reach an estimated $5,380 million by 2035 with a CAGR of 8.2% from 2025 to 2035. The major drivers for this market are the rising demand for fleet management in logistics & transport, the increasing adoption in e-commerce delivery services, and the growing integration with iot & smart technologies.
A more
than 150-page report to understand trends, opportunity and forecast in global GPS
tracking market to 2035 by deployment type (commercial vehicles, cargo &
containers, and others), device type (standalone trackers, OBD devices, and
advanced trackers), end use (transportation & logistics, construction, oil
& gas, metals & mining, government, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the deployment type category, commercial is expected to
witness higher growth over the forecast period.
Within the
end use category, transportation & logistic is expected to witness the
highest growth.
Download
sample by clicking on GPS tracking market.
In terms of
region, APAC is expected to witness the highest growth over the forecast
period.
CalAmp
Corp., Orbcomm Inc., Sierra Wireless, ATrack Technology Inc., Geotab, Concox
Information Technology, Trackimo, Meitrack Group, Ruptela UAB, Geoforce Inc. aare
the major suppliers in the GPS
tracking market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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