Market Overview

The global GPS tracking device market size was valued at USD 3.74 billion in 2024 and is projected to grow from USD 4.21 billion in 2025 to reach USD 10.88 billion by 2033, growing at a CAGR of 12.6% during the forecast period (2025-2033).

The global GPS Tracking Device market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.

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Market Report Scope and Research Methodology

This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.

The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.

Market Regional Insights

The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.

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Market Segmentation

1. By End-User
   1. Automotive
   2. Aerospace & Defense
   3. Healthcare
   4. Transportation
   5. Metal & Mining
   6. Others
2. By Technology
   1. Standalone Tracker
   2. Advance Tracker
   3. OBD Device
3. By Type
   1. Data Loggers
   2. Data Pushers
   3. Data Pullers
4. By Application
   1. Vehicle Tracking
   2. Fleet Management
   3. Car Rental Services
   4. Stolen Vehicle Recovery 
   5. Asset Tracking
   6. Equipment & Machinery
   7. Cargo & Freight
   8. Personal Tracking
   9. Elderly & Patient Safety
   10. Fitness & Sports
   11. Pet Tracking
5. By GPS Tracking Device
   1. Cellular
   2. Satellite

Market Key Players

1. Meitrack Group
2. Starcom System Ltd
3. Geotab Inc
4. Atrack Technology
5. Trackimo Group
6. Sierra Wireless
7. Calamp Corp
8. Box Telematics

Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart): https://straitsresearch.com/report/gps-tracking-device-market/request-sample

Key Questions Answered in the GPS Tracking Device Market Report:

• How large is the GPS Tracking Device market currently?

• What is the projected size of the GPS Tracking Device market in the coming years?

• What is the estimated global value of the GPS Tracking Device market?

• How fast is the GPS Tracking Device market growing?

• Which segment accounts for the highest share in the GPS Tracking Device market?

• What are the major GPS Tracking Device market segments?

• What was the market value of GPS Tracking Device in North America in 2024?

• Which region currently dominates the market landscape?

• What factors are driving the growth of the GPS Tracking Device market?

• Who are the prominent players in the GPS Tracking Device market?

• Which companies are leading in the GPS Tracking Device industry?

About Straits Research

Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.

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