North America Vehicle Tracking Systems Market By Type (Active, Passive), By Vehicle Type (Passenger Vehicles, Commercial Vehicles), By Tracking Mode (Cellular Tracking, Satellite Tracking, Mobile Tracking), By Vertical (Transportation & Logistics, Aviation, Retail, Government)
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The North America Vehicle Tracking Systems Market Size would witness market growth of 17.7% CAGR during the forecast period (2018 – 2024).
The growth in the use of smart transport systems is the prime driving factor in the global market for vehicle tracking systems. The safety and security issues in transport services are another factor which has a positive effect on the sales of vehicle tracking systems. Furthermore, the growth of fleet operations in emergent markets, particularly in vehicle tracking system market predictions, is expected to boost revenue growth. Increasing market changes is a challenging factor for the top players on the automotive system tracking market. This growing number of players in the industry leads to a fragmented industrial structure. On the contrary, market analysis of vehicle tracking systems is expected, by winning new clients from various vertical industries, to create an opportunistic market for players. Companies provide their employees with transport services and they are outsourced. There is therefore a diversification of the value chain for connected vehicles. In addition, 5G will provide rewarding opportunities for market expansion in vehicle connectivity.
Based on Type, the market is segmented into Active and Passive. Based on Vehicle Type, the market is segmented into Passenger Vehicles and Commercial Vehicles. Based on Tracking Mode, the market is segmented into Cellular Tracking, Satellite Tracking and Mobile Tracking. Based on End User Vertical, the market is segmented into Transportation & Logistics, Aviation, Retail, Government and Others (Construction, Healthcare and others). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cartrack Holdings Limited, Spireon Inc., Inseego Corp., Fortive Corporation (Teletrac Navman US Ltd), AT&T Inc., Continental AG, Robert Bosch GmbH, Verizon Communications Inc., Geotab Inc., and TomTom Inc.
Scope of the North America Vehicle Tracking Systems Market Analysis
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
By Tracking Mode
- Cellular Tracking
- Satellite Tracking
- Mobile Tracking
- Transportation & Logistics
- Rest of North America
- Cartrack Holdings Limited
- Spireon Inc.
- Inseego Corp.
- Fortive Corporation (Teletrac Navman US Ltd)
- AT&T Inc.
- Continental AG
- Robert Bosch GmbH
- Verizon Communications Inc.
- Geotab Inc.
- TomTom Inc.
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