Gps Tracking Device Market Players Analysis: Sierra Wireless Inc., Laipac Technology, Inc., Queclink Wireless Solutions Co., Ltd., Atrack Technology Inc., Tomtom International Bv, Calamp Corp., Orbocomm Inc., Concox Information Technology Co., Ltd. , Spy tech, Inc., Verizon Wireless and More
GPS Tracking Device Market Size, Share & Trends Analysis Report By Types, By Component, By End-User, Russia-Ukraine War and COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030.
Global GPS Tracking Device Market size was valued at USD 2,012 Million in 2022 and is projected to reach USD 4,386.20 Million by 2030, growing at a CAGR of 12.7% from 2021 to 2030 according to a new report by Intellectual Market Insights Research.
The GPS Tracking Device Market has experienced significant growth in recent years and is expected to continue growing in the coming years. GPS tracking devices are used to track the location and movements of vehicles, people, pets, and assets.
The growth of the market is primarily driven by the increasing demand for fleet management solutions, the need for real-time tracking and monitoring, and the growing adoption of telematics in the transportation and logistics industry. Additionally, the increasing popularity of wearable technology and the Internet of Things (IoT) is also contributing to the growth of the market.
Founding Year: 1999
Headquarters: Roswell, Georgia, USA.
About Us: GPS Trackit is an award-winning leader in cloud-based fleet and asset management, monitoring and video telematics solutions; delivering measurable ROI to thousands of businesses across the U.S. and Latin America.
The company had nearly 200 employees and had revenue of $32 Million.
Founding Year: 2004
Headquarters: Atlanta, Georgia, USA.
About Us: Verizon Connect commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. Verizon Connect is guiding a connected world on the go by automating, optimizing and revolutionizing the way people, vehicles and things move through the world. Our full suite of industry-defining solutions and services put innovation, automation and connected data to work for customers and help them be safer, more efficient and more productive
The company had nearly 3000 employees and had revenue of $1.6 Billion.
Founding Year: 1981
Headquarters: Irvine, California, U.S.
About Us: CalAmp is an Irvine, California-based provider of Internet of things (IoT) software applications, cloud services, data intelligence and telematics products and services. The company's technology includes edge computing devices and SaaS-based applications for remotely tracking and managing vehicles, drivers, cargo, and other mobile assets. The company also owns the patents and trademarks for the LoJack Stolen Vehicle Recovery System and provides connected car and lot management products.
The company had nearly 1400 employees and had revenue of $580.7 Million.
Founding Year: 1989
Headquarters: Olathe, Kansas, U.S
About Us: Garmin Ltd. is an American, Swiss-domiciled multinational technology company. The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sport activities. Due to their development in wearable technology, they have also been competing with activity tracker and smartwatch consumer developers such as Fitbit and Apple.
The company had nearly 19000 employees and had revenue of $4.9 Billion.
Founding Year: 1991
Headquarters: Amsterdam, Netherlands
About Us: TomTom International is a Dutch multinational developer and creator of location technology and consumer electronics. TomTom released its first generation of satellite navigation devices to market in 2004. The world runs on geolocation data. And the richer and fresher that data is, the further we push the limits of possibility. That’s why we’ve set our sights on something that’s never been done before. The TomTom Maps platform will be the world’s first open mapping ecosystem, collecting the world’s infinite stream of location data into one shared database. Powered by our industry-spanning partners and a team of talented TomTom were building a map so sophisticated it will update alongside reality – opening new avenues for innovation.
The company had nearly 5300 employees and had revenue of $488.3 Million.
Founding Year: 2012
Headquarters: San Jose, California, U.S.
About Us: Azuga was founded with the vision to continuously improve safety and productivity within the fleet ecosystem. Azuga, a Bridgestone company, is a leading global connected vehicle platform, helping customers turn data from vehicles and drivers into intelligence that improves operations and safety while reducing cost and risk. Azuga provides innovative end-to-end fleet solutions for commercial fleets, government agencies, insurance companies, and automotive industry suppliers, through an integrated approach of hardware technology, fleet management applications, driver gamification, video telematics, and data analytics.
The company had nearly 1000 employees and had revenue of $170 Million.
Founding Year: 2013
Headquarters: Santa Barbara, California, U.S.
About Us: ClearPathGPS fleet tracking solutions help our customers improve their operations and bottomline. Quick-to-deploy and easy-to-use, businesses get the real-time visibility and tools needed to achieve better results with their vehicles, people and assets they send into the field every day. Affordable pricing backed by top-rated customer support and 30-day risk-free guarantee.
The company had nearly 200 employees and had revenue of $6 Million.
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