Vehicle Tracking Systems Market Analysis and Growth during the Forecast Period 2018-2025 | Continental AG, Robert Bosch GmbH, Verizon Communications Inc., TomTom Inc.

Overview of Vehicle Tracking Systems Market

According to a new report titled, “Vehicle Tracking Systems Market by Type, Vehicle, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the vehicle tracking systems market accounted for $3,795.0 million in 2017, and is expected to reach $14,957.5 million by 2025, growing at a CAGR of 19.9% from 2018 to 2025. In 2017, Asia-Pacific dominated the global market, in terms of revenue, accounting for about 30.9% share of the global market, followed by Europe.

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Vehicle tracking systems are used for checking and controlling the vehicle development utilizing GPS, mobiles, PCs, equipment interface, and other devices. This study includes the sales created from the offers of the total arrangement which envelops the equipment, software, and other subscription charges related with the tracking and information detailing innovation. This arrangement includes technologies such as GPS, GSM/GPRS, computerized maps, programming, and others
Upsurge in adoption of smart transport solution is the prime driving factor of the global vehicle tracking systems market. Another factor which boosts the sales of vehicle tracking systems industry is the well-being and security concern for public transportation. Furthermore, rise in fleet activities particularly in developing markets is expected to drive the market growth during the forecast period. However, rise in market shifts due to huge availability of choices restrains the growth of the global market. Conversely, players in the market are expected to create new opportunities by providing customized services to new client sections from various industry verticals. Moreover, the market is expected to show significant growth in the near future, owing to incorporation of 5G into connected vehicles.t

The Major players reported in the market include:

The major players, such as AT&T Inc., Cartrack Holdings Limited, Continental AG, Robert Bosch GmbH, Verizon Communications Inc., Spireon, Inc., Geotab Inc., Inseego Corp., TomTom, Inc., and Teletrac Navman US Ltd.

KEY BENEFITS

The study provides an in-depth analysis of the Vehicle Tracking Systems market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2018-2025 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

BY TYPE

Active

Passive

BY VEHICLE TYPE

Commercial Vehicles

Passenger Vehicles

BY APPLICATION

Mobile Tracking

Cellular Tracking

Satellite Tracking

BY INDUSTRY VERTICAL

Transportation and Logistics

Construction

Aviation

Retail

Government

Other Industry Verticals

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD VEHICLE TRACKING SYSTEMS MARKET, BY END USER

CHAPTER 5 WORLD VEHICLE TRACKING SYSTEMS MARKET, BY APPLICATION

CHAPTER 6 WORLD VEHICLE TRACKING SYSTEMS MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Wednesday June 12 2019, 6:18 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks are open. Follow responses: RSS 2.0

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