Europe GPS Tracking Device Market Segmented By Technology (Standalone Trackers, Convert Trackers, and Advance Trackers),By Network (3G & 4G), By Product Type (Handheld & Mounted), By Type (Data Loggers, Data Pushers, and Data Pullers), By End User (Automotive, Aerospace & Defense, Healthcare, and Others) By Region, Competition, Opportunity, and Forecast. 2018-2028F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope GPS Tracking Device Market Segmented By Technology (Standalone Trackers, Convert Trackers, and Advance Trackers),By Network (3G & 4G), By Product Type (Handheld & Mounted), By Type (Data Loggers, Data Pushers, and Data Pullers), By End User (Automotive, Aerospace & Defense, Healthcare, and Others) By Region, Competition, Opportunity, and Forecast. 2018-2028F
The Europe GPS Tracking Device Market
Global Positioning System (GPS) is a global navigation system that can locate particular locations. A GPS tracking device is linked to the Global Navigation Satellite System (GNSS) to gather information about position and orientation.
GPS tracking devices operate by transmitting radio signals and establishing satellite connection to locate a person or an object using geographic positioning. A GPS tracking gadget quickly downloads the information and pings those satellites after installation. The satellites use latitude and longitude to determine the precise location and estimated distance of a given point. Both individually and professionally, GPS tracking is employed both individually and professionally. With GPS, anyone can track their vehicle or pet and businesses can use GPS tracking to safeguard their assets.
Growing Demand for Cloud and IoT Technologies
The GPS tracker offers a variety of applications with its unique feature, which was created using cutting-edge technologies like IoT and cloud computing. GPS trackers have in-built electronics and internet connectivity, making them intelligent objects and devices that can connect to the cloud, be controlled from a distance, and interact with one another. Consequently, growing interest in IoT and cloud technology fuels the expansion of the GPS tracking market.
A Rise in Sales of Commercial Vehicles
Increased Use of Digital Maps
Due to the rising number of internet customers and the increased usage of smartphones and other portable devices for internet access, the digital map industry is undergoing disruptive growth. As a result, the market for GPS tracking devices is growing due to the increase in the adoption of digital maps. Digital map systems are typically incorporated in self-driving automobiles for navigation and route planning. The primary reasons driving the growth of the GPS tracking market include new digital map trends like 3D maps and simplicity of understanding and locating a location.
Real-time tracking, time efficiency, and precision are made possible by GPS devices, which boosts their marketability. They are small in size, simple to handle, and are well utilized to track the object or person. The Prime AT 2G GPS Tracker, which is used for various applications such as vehicle tracking or asset tracking with the ability of live tracking from a few seconds when moving, but switching off when the tracker stops, was launched by BlueTrack, a manufacturer of GPS tracking devices, in 2022.
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Market Segmentation
The GPS Tracking Device market is segmented into
Market Player
Recent Development
As of December 2020, the latest asset tracker, GL52S, was unveiled by Quecklink. It was created specifically for tracking management applications such stationary asset monitoring, inventory control, and recovering stolen vehicles.
As of December 2020, the first Bluetooth vehicle GPS tracker, the T399 Series from Meitrack, was released. To increase the effectiveness of fleet management, it also supports Bluetooth beacons that work with Bluetooth temperature and humidity sensors.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Solution Type By Deployment By Organization Size By Industry Vertical |
| Country scope | Germany, United Kingdom, Italy, France, Spain, Netherlands, Poland, Russia |
| Key companies profiled | Verizon Wireless, Concox Information Technology Co. Ltd., Calamp Corp., Orbocomm Inc., Sierra Wireless Inc. , Atrack Technology Inc., Tomtom International , Spy tech Inc., Queclink Wireless Solutions Co. Ltd., Laipac Technology Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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