Vehicle Tracking System Market Research Report - Global Forecast till 2027

Global Vehicle Tracking System Market Research Report: Information by Type (Active and Passive System), by Technology [Global Navigation Satellite System (GLONASS), Global Positioning System (GPS), Connectivity Technology and others], by Propulsion (ICE and Electric Vehicle), by Vehicle Type (Passenger Car and Commercial Vehicle), by Application (Residential and Commercial) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/AM/6475-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


A vehicle tracking system is a defense system for the vehicle against external, malicious threats to secure the vehicle in all possible ways. This system includes detection, prevention, and response to threats through various technologies, such as GPS, GLONASS, radio frequency identification, and ultrasonic. The major advantage of this type of tracking system is that it improves vehicle safety and security, communication medium, and performance monitoring.


The major key driving factors for the growth of this market are the growing concerns over vehicle safety and security, growth in fleet operations especially in emerging nations, increase in demand for electric vehicles, and rising production and sales of passenger and commercial vehicles globally. The failure of GPS and cellular-based trackers due to limited or failed cellular or wireless network coverage and costs associated with the development of the system in terms of research acts as a barrier for new market players. However, the increasing demand for autonomous and semi-autonomous vehicles, emergence of 5G for vehicle connectivity, cloud computing-based stolen vehicle tracking systems, and developing economies of emerging countries are providing ample opportunities for the expansion and growth of this market.


Prominent Players


The Prominent Players in the global vehicle tracking system market market are AT&T Inc. (US), Cartrack Holdings Limited (South Africa), Continental AG (Germany), Robert Bosch GmbH (Germany), Verizon Communications Inc. (US), Spireon, Inc. (US), Geotab Inc. (Canada), Inseego Corp. (US), US Fleet Tracking (US), and TRACK GROUP (US).


Segmentation: Global Vehicle Tracking System Market  Vehicle Tracking System Market_Image


The global vehicle tracking system market is segmented based on type, technology, propulsion, vehicle type, application, and region. On the basis of type, the global market has been divided into passive and active system. On the basis of technology, the global market has been segmented into global navigation satellite system (GLONASS), global positioning system (GPS), connectivity technology, and others. On the basis of propulsion type, the global market has been divided into ICE and electric vehicle. On the basis of vehicle type, the global market has been divided into passenger car and commercial vehicle. On the basis of application, the global market has been divided into residential and commercial.


Geographically, the global vehicle tracking system market has been segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. The growth of the market in Asia-Pacific can be attributed to the increase in adoption of premium and luxury vehicles. The market for vehicle tracking is expected to grow at the highest rate in Asia-Pacific during the forecast period due to an increase in demand for automobiles, primarily in China, Japan, and India. The existence of major manufacturers and operating units of global players in this region combined with the availability of sophisticated technologies will enable the market to grow during the forecast period.


North America is projected to witness significant growth for the vehicle security market. The increase in demand for new commercial vehicles and the rising number of vehicle thefts in the region, will also enable the growth of the vehicle tracking system market in the region.


The rest of the world includes the regions, such as South America and the Middle East & Africa. The Middle East & Africa is witnessing significant growth in the market owing to the increased expenditure and expansion of international players. South America is among the emerging regions, owing to the rapid incorporation of technological changes in the vehicle security. Several countries in South America, including Brazil, are significantly contributing to the growth of the market owing to the growing government initiatives, which are pushing the rapid development of the market in the region.


The report for global vehicle tracking system market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.



Frequently Asked Questions (FAQ) :


Increasing demand for fleet management services is projected to boost demand in the vehicle tracking system market.

The segments of the vehicle tracking system market, by type, are global navigation satellite system (GLONASS), connectivity technology, global positioning system (GPS), and others.

The application based segments of the vehicle tracking system market are commercial and residential.

The segments of the vehicle tracking system market, by propulsion type, are ICE and electric vehicle.

The key participants are AT&T Inc. (US), Continental AG (Germany), Cartrack Holdings Limited (South Africa), Robert Bosch GmbH (Germany), Spireon, Inc. (US), Verizon Communications Inc. (US), Geotab Inc. (Canada), US Fleet Tracking (US), Inseego Corp. (US), and TRACK GROUP (US).

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Vehicle Tracking System Market, by Type

5.1. Introduction

5.2. Active System

5.2.1. Market Estimates & Forecast, 2019–2027

5.2.2. Market Estimates & Forecast, by Region, 2019–2027

5.3. Passive System

5.3.1. Market Estimates & Forecast, 2019–2027

5.3.2. Market Estimates & Forecast, by Region, 2019–2027

6. Global Vehicle Tracking System Market, by Technology

6.1. Global Navigation Satellite System (GLONASS)

6.1.1. Market Estimates & Forecast, 2019–2027

6.1.2. Market Estimates & Forecast, by Region, 2019–2027

6.2. Global Positioning System (GPS)

6.2.1. Market Estimates & Forecast, 2019–2027

6.2.2. Market Estimates & Forecast, by Region, 2019–2027

6.3. Connectivity Technology

6.3.1. Market Estimates & Forecast, 2019–2027

6.3.2. Market Estimates & Forecast, by Region, 2019–2027

6.4. Others

6.4.1. Market Estimates & Forecast, 2019–2027

6.4.2. Market Estimates & Forecast, by Region, 2019–2027

7. Global Vehicle Tracking System Market, by Propulsion

7.1. Introduction

7.2. ICE

7.2.1. Market Estimates & Forecast, 2019–2027

7.2.2. Market Estimates & Forecast, by Region, 2019–2027

7.3. Electric Vehicle

7.3.1. Market Estimates & Forecast, 2019–2027

7.3.2. Market Estimates & Forecast, by Region, 2019–2027

8. Global Vehicle Tracking System Market, by Vehicle Type

8.1. Introduction

8.2. Passenger Car

8.2.1. Market Estimates & Forecast, 2019–2027

8.2.2. Market Estimates & Forecast, by Region, 2019–2027

8.3. Commercial Vehicle

8.3.1. Market Estimates & Forecast, 2019–2027

8.3.2. Market Estimates & Forecast, by Region, 2019–2027

9. Global Vehicle Tracking System Market, by Application

9.1. Introduction

9.2. Residential

9.2.1. Market Estimates & Forecast, 2019–2027

9.2.2. Market Estimates & Forecast, by Region, 2019–2027

9.3. Commercial

9.3.1. Market Estimates & Forecast, 2019–2027

9.3.2. Market Estimates & Forecast, by Region, 2019–2027

10. Global Vehicle Tracking System Market, by Region

10.1. Introduction

10.2. North America

10.2.1. Market Estimates & Forecast, by Country 2019–2027

10.2.2. Market Estimates & Forecast, by Type, 2019–2027

10.2.3. Market Estimates & Forecast, by Technology, 2019–2027

10.2.4. Market Estimates & Forecast, by Propulsion, 2019–2027

10.2.5. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.2.6. Market Estimates & Forecast, by Application, 2019–2027

10.2.7. US

10.2.7.1. Market Estimates & Forecast, by Type, 2019–2027

10.2.7.2. Market Estimates & Forecast, by Technology, 2019–2027

10.2.7.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.2.7.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.2.7.5. Market Estimates & Forecast, by Application, 2019–2027

10.2.7.6.

10.2.8. Canada

10.2.8.1. Market Estimates & Forecast, by Type, 2019–2027

10.2.8.2. Market Estimates & Forecast, by Technology, 2019–2027

10.2.8.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.2.8.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.2.8.5. Market Estimates & Forecast, by Application, 2019–2027

10.3. Europe

10.3.1. Market Estimates & Forecast, by Country, 2019–2027

10.3.2. Market Estimates & Forecast, by Type, 2019–2027

10.3.3. Market Estimates & Forecast, by Technology, 2019–2027

10.3.4. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.5. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.6. Market Estimates & Forecast, by Application, 2019–2027

10.3.7. UK

10.3.7.1. Market Estimates & Forecast, by Type, 2019–2027

10.3.7.2. Market Estimates & Forecast, by Technology, 2019–2027

10.3.7.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.7.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.7.5. Market Estimates & Forecast, by Application, 2019–2027

10.3.8. Germany

10.3.8.1. Market Estimates & Forecast, by Type, 2019–2027

10.3.8.2. Market Estimates & Forecast, by Technology, 2019–2027

10.3.8.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.8.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.8.5. Market Estimates & Forecast, by Application, 2019–2027

10.3.9. France

10.3.9.1. Market Estimates & Forecast, by Type, 2019–2027

10.3.9.2. Market Estimates & Forecast, by Technology, 2019–2027

10.3.9.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.9.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.9.5. Market Estimates & Forecast, by Application, 2019–2027

10.3.10. Italy

10.3.10.1. Market Estimates & Forecast, by Type, 2019–2027

10.3.10.2. Market Estimates & Forecast, by Technology, 2019–2027

10.3.10.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.10.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.10.5. Market Estimates & Forecast, by Application, 2019–2027

10.3.11. Rest of Europe

10.3.11.1. Market Estimates & Forecast, by Type, 2019–2027

10.3.11.2. Market Estimates & Forecast, by Technology, 2019–2027

10.3.11.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.3.11.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.3.11.5. Market Estimates & Forecast, by Application, 2019–2027

10.4. Asia-Pacific

10.4.1. Market Estimates & Forecast, by Country, 2019–2027

10.4.2. Market Estimates & Forecast, by Type, 2019–2027

10.4.3. Market Estimates & Forecast, by Technology, 2019–2027

10.4.4. Market Estimates & Forecast, by Propulsion, 2019–2027

10.4.5. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.4.6. Market Estimates & Forecast, by Application, 2019–2027

10.4.7. China

10.4.7.1. Market Estimates & Forecast, by Type, 2019–2027

10.4.7.2. Market Estimates & Forecast, by Technology, 2019–2027

10.4.7.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.4.7.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.4.7.5. Market Estimates & Forecast, by Application, 2019–2027

10.4.8. Japan

10.4.8.1. Market Estimates & Forecast, by Type, 2019–2027

10.4.8.2. Market Estimates & Forecast, by Technology, 2019–2027

10.4.8.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.4.8.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.4.8.5. Market Estimates & Forecast, by Application, 2019–2027

10.4.9. India

10.4.9.1. Market Estimates & Forecast, by Type, 2019–2027

10.4.9.2. Market Estimates & Forecast, by Technology, 2019–2027

10.4.9.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.4.9.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.4.9.5. Market Estimates & Forecast, by Application, 2019–2027

10.4.10. Rest of Asia-Pacific

10.4.10.1. Market Estimates & Forecast, by Type, 2019–2027

10.4.10.2. Market Estimates & Forecast, by Technology, 2019–2027

10.4.10.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.4.10.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.4.10.5. Market Estimates & Forecast, by Application, 2019–2027

10.5. Rest of the World

10.5.1.1. Market Estimates & Forecast, by Region, 2019–2027

10.5.1.2. Market Estimates & Forecast, by Type, 2019–2027

10.5.1.3. Market Estimates & Forecast, by Technology, 2019–2027

10.5.1.4. Market Estimates & Forecast, by Propulsion, 2019–2027

10.5.1.5. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.5.1.6. Market Estimates & Forecast, by Application, 2019–2027

10.5.2. Middle East & Africa

10.5.2.1. Market Estimates & Forecast, by Type, 2019–2027

10.5.2.2. Market Estimates & Forecast, by Technology, 2019–2027

10.5.2.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.5.2.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.5.2.5. Market Estimates & Forecast, by Application, 2019–2027

10.5.3. South America

10.5.3.1. Market Estimates & Forecast, by Type, 2019–2027

10.5.3.2. Market Estimates & Forecast, by Technology, 2019–2027

10.5.3.3. Market Estimates & Forecast, by Propulsion, 2019–2027

10.5.3.4. Market Estimates & Forecast, by Vehicle Type, 2019–2027

10.5.3.5. Market Estimates & Forecast, by Application, 2019–2027

11. Competitive Landscape

12. Company Profile

12.1. AT&T Inc.

12.1.1. Company Overview

12.1.2. Products/Services Offered

12.1.3. Financial Overview

12.1.4. Key Developments

12.1.5. Key Strategies

12.1.6. SWOT Analysis

12.2. Cartrack Holdings Limited

12.2.1. Company Overview

12.2.2. Products/Services Offered

12.2.3. Financial Overview

12.2.4. Key Developments

12.2.5. Key Strategies

12.2.6. SWOT Analysis

12.3. Continental AG

12.3.1. Company Overview

12.3.2. Products/Services Offered

12.3.3. Financial Overview

12.3.4. Key Developments

12.3.5. Key Strategies

12.3.6. SWOT Analysis

12.4. Robert Bosch GmbH

12.4.1. Company Overview

12.4.2. Products/Services Offered

12.4.3. Financial Overview

12.4.4. Key Developments

12.4.5. Key Strategies

12.4.6. SWOT Analysis

12.5. Verizon Communications Inc.

12.5.1. Company Overview

12.5.2. Products/Services Offered

12.5.3. Financial Overview

12.5.4. Key Developments

12.5.5. Key Strategies

12.5.6. SWOT Analysis

12.6. Spireon, Inc.

12.6.1. Company Overview

12.6.2. Products/Services Offered

12.6.3. Financial Overview

12.6.4. Key Developments

12.6.5. Key Strategies

12.6.6. SWOT Analysis

12.7. Geotab Inc.

12.7.1. Company Overview

12.7.2. Products/Services Offered

12.7.3. Financial Overview

12.7.4. Key Developments

12.7.5. Key Strategies

12.7.6. SWOT Analysis

12.8. Inseego Corp.

12.8.1. Company Overview

12.8.2. Products/Services Offered

12.8.3. Financial Overview

12.8.4. Key Developments

12.8.5. Key Strategies

12.8.6. SWOT Analysis

12.9. US Fleet Tracking

12.9.1. Company Overview

12.9.2. Products/Services Offered

12.9.3. Financial Overview

12.9.4. Key Developments

12.9.5. Key Strategies

12.9.6. SWOT Analysis

12.10. TRACK GROUP

12.10.1. Company Overview

12.10.2. Products/Services Offered

12.10.3. Financial Overview

12.10.4. Key Developments

12.10.5. Key Strategies

12.10.6. SWOT Analysis


List of Tables

Table 1 Global Vehicle Tracking System Market, by Region, 2020–2027

Table 2 North America: Vehicle Tracking System Market, by Country, 2020–2027

Table 3 Europe: Vehicle Tracking System Market, by Country, 2020–2027

Table 4 Asia-Pacific: Vehicle Tracking System Market, by Country, 2020–2027

Table 5 RoW: Vehicle Tracking System Market, by Region, 2020–2027

Table 6 Global Vehicle Tracking System Market, by Type, by Regions, 2020–2027

Table 7 North America: Vehicle Tracking System Market, by Type, by Country, 2020–2027

Table 8 Europe: Vehicle Tracking System Market, by Type, by Country, 2020–2027

Table 9 Asia-Pacific: Vehicle Tracking System Market, by Type, by Country, 2020–2027

Table 10 RoW: Vehicle Tracking System Market, by Type, by Country, 2020–2027

Table 11 Global Vehicle Tracking System Market, by Technology, by Regions, 2020–2027

Table 12 North America: Vehicle Tracking System Market, by Technology, by Country, 2020–2027

Table 13 Europe: Vehicle Tracking System Market, by Technology, by Country, 2020–2027

Table 14 Asia-Pacific: Vehicle Tracking System Market, by Technology, by Country, 2020–2027

Table 15 RoW: Vehicle Tracking System Market, by Technology, by Country, 2019–2027

Table 16 Global Vehicle Tracking System Market, by Propulsion, by Regions, 2020–2027

Table 17 North America: Vehicle Tracking System Market, by Propulsion, by Country, 2020–2027

Table 18 Europe: Vehicle Tracking System Market, by Propulsion, by Country, 2020–2027

Table 19 Asia-Pacific: Vehicle Tracking System Market, by Propulsion, by Country, 2020–2027

Table 20 RoW: Vehicle Tracking System Market, by Propulsion, by Country, 2020–2027

Table 21 Global Vehicle Tracking System by Vehicle Type Market, by Regions, 2020–2027

Table 22 North America: Vehicle Tracking System Market, by Vehicle Type, by Country, 2020–2027

Table 23 Europe: Vehicle Tracking System Market, by Vehicle Type, by Country, 2020–2027

Table 24 Asia-Pacific: Vehicle Tracking System Market, by Vehicle Type, by Country, 2020–2027

Table 25 RoW: Vehicle Tracking System Market, by Vehicle Type, by Country, 2020–2027

Table 26 Global Vehicle Tracking System by Application Market, by Regions, 2020–2027

Table 27 North America: Vehicle Tracking System Market, by Application, by Country, 2020–2027

Table 28 Europe: Vehicle Tracking System Market, by Application, by Country, 2020–2027

Table 29 Asia-Pacific: Vehicle Tracking System Market, by Application, by Country, 2020–2027

Table 30 RoW: Vehicle Tracking System Market, by Application, by Country, 2020–2027

Table 31 Global Vehicle Tracking System Market, by Region, 2020–2027

Table 32 Global Vehicle Tracking System Market, by Type, 2020–2027

Table 33 Global Vehicle Tracking System Market, by Technology, 2020–2027

Table 34 Global Vehicle Tracking System Market, by Propulsion, 2020–2027

Table 35 Global Vehicle Tracking System Market, by Vehicle Type, 2020–2027

Table 36 Global Vehicle Tracking System Market, by Application, 2020–2027


List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-Down and Bottom-Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Vehicle Tracking System Market Share, by Type, 2020 (%)

FIGURE 9 Global Vehicle Tracking System Market, by Type, 2020–2027 (USD MILLION)

FIGURE 10 Global Vehicle Tracking System Market Share, by Technology, 2020 (%)

FIGURE 11 Global Vehicle Tracking System Market, by Technology, 2020–2027 (USD MILLION)

FIGURE 12 Global Vehicle Tracking System Market Share, by Propulsion, 2020 (%)

FIGURE 13 Global Vehicle Tracking System Market, by Propulsion, 2020–2027 (USD MILLION)

FIGURE 14 Global Vehicle Tracking System Market Share, by Vehicle Type, 2020 (%)

FIGURE 15 Global Vehicle Tracking System Market, by Vehicle Type, 2020–2027 (USD MILLION)

FIGURE 16 Global Vehicle Tracking System Market Share, by Application, 2020 (%)

FIGURE 17 Global Vehicle Tracking System Market, by Application, 2020–2027 (USD MILLION)

FIGURE 18 Global Vehicle Tracking System Market Share (%), BY REGION, 2020

FIGURE 19 Global Vehicle Tracking System Market, BY Region, 2020–2027 (USD MILLION)

FIGURE 20 North America: Vehicle Tracking System Market Share (%), 2020

FIGURE 21 North America: Vehicle Tracking System Market, by Country, 2020–2027 (USD MILLION)

FIGURE 22 Europe: Vehicle Tracking System Market Share (%), 2020

FIGURE 23 Europe: Vehicle Tracking System Market BY Country, 2020–2027 (USD MILLION)

FIGURE 24 Asia-Pacific: Vehicle Tracking System Market Share (%), 2020

FIGURE 25 Asia-Pacific: Vehicle Tracking System Market BY Country, 2020–2027 (USD MILLION)

FIGURE 26 Rest of the World: Vehicle Tracking System Market Share (%), 2020

FIGURE 27 Rest of the World: Vehicle Tracking System Market BY Country, 2019–2027 (USD MILLION)