DUBLIN--(BUSINESS WIRE)--The "Global Vehicle Tracking Systems Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The Vehicle Tracking Systems market is expected to reach $18,378.7 million by 2026 growing at a CAGR of 20.6% during 2018 to 2026.
The systems developed for monitoring and controlling the vehicle movement using various technologies such as GPS, mobiles, computers, hardware interface, and others are known as the vehicle tracking systems. A vehicle tracking can be done with the help of GPS satellites, enables tracking and controlling vehicles via an online computer, smartphone, tablet, etc. on a 24/7 basis. These systems enable instantaneous, historical tracking of vehicle speeds, the routes they travelled, stops, and idling times on maps with past and present reports.
Factors such as rise in adoption of intelligent transport systems, increase in fleet operations especially in emerging markets and growing presence of ride-hailing companies are fuelling the market growth. However, increasing choices creating market shifts is restricting the market growth. Moreover, the emergence of 5G for vehicle connectivity is expected to provide remunerative opportunities for market expansion.
By Application, fleet management has significant market growth during the forecast period. This can be attributed to provision of the benefits such as customer satisfaction, fuel monitoring and speed detection, real-time monitoring, and maximizing vehicle utilization.
Key Questions Answered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analysed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Vehicle Tracking Systems Market, By Vehicle Type
5.2 Passenger Vehicle
5.3 Commercial Vehicles
6 Global Vehicle Tracking Systems Market, By Technology
6.2 Connectivity Technology
6.3 Global Positioning System (GPS)
6.4 Global Navigation Satellite System (GLONASS)
7 Global Vehicle Tracking Systems Market, By Type
8 Global Vehicle Tracking Systems Market, By Service
8.2 Integration & Deployment Services
8.3 Managed Services
8.4 Professional Services
9 Global Vehicle Tracking Systems Market, By Product Type
9.2 On Board Diagnostics Device & Advance Tracker
9.3 Standalone Tracker
10 Global Vehicle Tracking Systems Market, By Application
10.2 Satellite Tracking
10.3 Mobile Tracking
10.4 Cellular Tracking
10.5 Two-Wheeler Tracking
10.6 Private Cars
10.7 Fleet Management
11 Global Vehicle Tracking Systems Market, By Industry Vertical
11.4 Transportation and Logistics
11.7 Metals & Mining
11.10 Other Industry Verticals
12 Global Vehicle Tracking Systems Market, By Geography
12.1 North America
12.3 Asia Pacific
12.4 South America
12.5 Middle East & Africa
13 Strategic Benchmarking
14 Vendors Landscape
14.1 Teletrac Navman US Ltd.
14.2 AT&T Inc.
14.3 Geotab Inc.
14.4 Robert Bosch GmbH
14.5 Verizon Communications Inc.
14.6 Cartrack Holdings Limited
14.7 Inseego Corp.
14.8 Spireon, Inc.
14.9 Continental AG
14.10 TomTom, Inc.
14.11 Cisco Systems
14.13 GE Capital
For more information about this report visit https://www.researchandmarkets.com/r/74ifpq