Automotive GPS Tracking Devices Market Analysis: Global Industry Size, Growth and Forecast
Report ID : 1294257 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Automotive GPS Tracking Devices Market is categorized based on Device Type (Portable GPS Trackers, Hardwired GPS Trackers, OBD GPS Trackers, Smartphone-Based GPS Trackers) and Application (Fleet Management, Personal Vehicle Tracking, Insurance Telematics, Stolen Vehicle Recovery) and End-User (Individual Consumers, Small and Medium Enterprises (SMEs), Large Enterprises, Government and Public Sector) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Valued at 4.5 billion USD in 2023, the Automotive GPS Tracking Devices Market size is expected to grow to 12.3 billion USD by 2033, with a CAGR of 10.5% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.
The automotive GPS tracking devices market is expanding, driven by the need for greater control and security from both businesses and consumers. GPS tracking devices are essential for vehicle tracking and routing as connected devices become more prevalent and the need for fleet management grows. Awareness of the benefits of these devices, including theft prevention, real-time tracking, and improved driver safety are the main factors for the rapid growth in demand.
The automotive industry is evolving with the integration of advanced GPS tracking systems, changing how vehicles are managed. The introduction of innovations like real-time data analysis software and intuitive mobile applications is driving growth in the market. Businesses are adopting these technologies not just to improve operational efficiencies but also to enhance customer satisfaction. The emerging market for automotive GPS tracking devices offer great possibilities for stakeholders intending to invest.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Verizon Connect, TomTom Telematics, Sierra Wireless, Geotab, Fleet Complete, CalAmp, Teletrac Navman, Tracki, Invoxia, Xirgo Technologies, GPS Insight |
| SEGMENTS COVERED |
By Device Type - Portable GPS Trackers, Hardwired GPS Trackers, OBD GPS Trackers, Smartphone-Based GPS Trackers
By Application - Fleet Management, Personal Vehicle Tracking, Insurance Telematics, Stolen Vehicle Recovery
By End-User - Individual Consumers, Small and Medium Enterprises (SMEs), Large Enterprises, Government and Public Sector
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Automotive GPS Tracking Devices Market Dynamics
The Automotive GPS Tracking Devices Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Automotive GPS Tracking Devices Market Segmentations
Market Breakup by Device Type
- Overview
- Portable GPS Trackers
- Hardwired GPS Trackers
- OBD GPS Trackers
- Smartphone-Based GPS Trackers
Market Breakup by Application
- Overview
- Fleet Management
- Personal Vehicle Tracking
- Insurance Telematics
- Stolen Vehicle Recovery
Market Breakup by End-User
- Overview
- Individual Consumers
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Government and Public Sector
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Automotive GPS Tracking Devices Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Verizon Connect
- TomTom Telematics
- Sierra Wireless
- Geotab
- Fleet Complete
- CalAmp
- Teletrac Navman
- Tracki
- Invoxia
- Xirgo Technologies
- GPS Insight
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