Product Code: GVR-4-68040-607-5
GPS Tracker Market Summary
The global GPS tracker market size was estimated at USD 4.04 billion in 2024 and is projected to reach USD 9.83 billion by 2030, growing at a CAGR of 17.4% from 2025 to 2030, driven by technological advancements, increased demand for asset tracking, and growing concerns around security and safety. One of the primary growth drivers is the increasing adoption of GPS tracking systems in logistics and transportation.
One of the primary growth drivers is the increasing adoption of GPS tracking systems in logistics and transportation. As supply chain visibility becomes a priority, companies leverage GPS trackers to monitor fleets, improve delivery accuracy, and reduce fuel consumption. This is especially relevant in industries where timely delivery and operational efficiency are critical. The rising adoption of e-commerce has further accelerated the need for real-time shipment tracking, pushing logistics providers to invest heavily in GPS tracking solutions. Moreover, businesses across sectors such as construction, mining, and agriculture are implementing GPS tracking to monitor equipment usage, reduce downtime, and prevent theft. Integrating GPS with other technologies like AI, big data, and cloud computing enables predictive maintenance and advanced analytics, adding further value to GPS solutions. As regulatory compliance and environmental concerns grow, companies also turn to GPS tracking to optimize routes and reduce emissions, supporting sustainability goals. These diverse applications and innovations continue making GPS trackers indispensable across multiple industries, sustaining their global market expansion.
GPS trackers are widely used for vehicle theft prevention, monitoring high-value cargo, and ensuring the safety of individuals, such as children, elderly family members, and employees working in remote locations. The integration of advanced technologies such as IoT, AI, and cloud computing has enhanced the functionality of GPS tracking devices, making them more reliable and accessible. This technological evolution has also led to the development of compact, affordable, and user-friendly tracking solutions, broadening their appeal to commercial and consumer markets. For instance, in June 2024, Monimoto, a Lithuanian tech firm, launched the Monimoto 9, a next-gen GPS tracker designed to protect motorcycles, ATVs, trailers, boat engines, and more. The device is built for rugged outdoor use and has a compact, water- and dust-resistant design. It includes a rechargeable battery that lasts up to 12 months, offering reliable, long-term asset protection.
The agricultural sector is undergoing a significant transformation with the integration of digital technologies, particularly precision farming, which is emerging as a major growth driver for the global GPS tracker industry. Precision agriculture involves using advanced tools and technologies to monitor and optimize field-level management regarding crop farming. Among these tools, GPS tracking systems play a central role by enabling real-time location data, geofencing, and route optimization, contributing to smarter, data-driven farm decision-making. GPS trackers are increasingly being adopted to guide autonomous or semi-autonomous agricultural machinery such as tractors, harvesters, and sprayers. This allows for highly accurate field navigation, which minimizes overlap, reduces fuel consumption, and optimizes input usage such as seeds, fertilizers, and pesticides.
Global GPS Tracker Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the GPS tracker market report based on type, component, application, end use, and region:
- Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Standalone Trackers
- OBD Devices
- Advance Trackers
- Data Loggers
- Data Pushers
- Data Pullers
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Hardware
- GPS Chips
- Batteries
- Display Units
- Antennas
- Software
- Real-Time Tracking Software
- Data Analytics Software
- Services
- Installation & Integration
- Maintenance & Support
- Consulting Services
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Personal Tracking
- Commercial Tracking
- Asset Tracking
- Fleet Tracking
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Transportation & Logistics
- Automotive
- Healthcare
- Retail
- Construction
- Military & Defense
- Oil & Gas
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Methodology segmentation & scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. GPS Tracker Variables, Trends & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. GPS Tracker Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. GPS Tracker Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. GPS Tracker: Type Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Standalone Trackers
- 4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. OBD Devices
- 4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Advance Trackers
- 4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Data Loggers
- 4.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.7. Data Pushers
- 4.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.8. Data Pullers
- 4.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. GPS Tracker Market: Component Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. GPS Tracker: Component Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. Hardware
- 5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.2. GPS Chips
- 5.3.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.3. Batteries
- 5.3.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.4. Display Units
- 5.3.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.5. Antennas
- 5.3.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Software
- 5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.2. Real-Time Tracking Software
- 5.4.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.3. Data Analytics Software
- 5.4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Services
- 5.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.2. Installation & Integration
- 5.5.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.3. Maintenance & Support
- 5.5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.4. Consulting Services
- 5.5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. GPS Tracker Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. GPS Tracker: Application Movement Analysis, 2024 & 2030 (USD Billion)
- 6.3. Personal Tracking
- 6.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Commercial Tracking
- 6.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Asset Tracking
- 6.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Fleet Tracking
- 6.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. GPS Tracker Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. GPS Tracker: End Use Movement Analysis, 2024 & 2030 (USD Billion)
- 7.3. Transportation & Logistics
- 7.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Automotive
- 7.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Healthcare
- 7.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. Retail
- 7.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.7. Construction
- 7.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.8. Military & Defense
- 7.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.9. Oil & Gas
- 7.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.10. Others
- 7.10.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. GPS Tracker Market: Regional Estimates & Trend Analysis
- 8.1. GPS Tracker Share, By Region, 2024 & 2030 (USD Billion)
- 8.2. North America
- 8.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.2.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.2.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.6. U.S.
- 8.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.2.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.2.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.7. Canada
- 8.2.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.7.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.2.7.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.2.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.2.8. Mexico
- 8.2.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.8.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.2.8.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.2.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.2.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.3.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.3.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.6. UK
- 8.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.3.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.3.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.7. Germany
- 8.3.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.7.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.3.7.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.3.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.3.8. France
- 8.3.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.8.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.3.8.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.3.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.3.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.6. China
- 8.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.7. India
- 8.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.7.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.7.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.8. Japan
- 8.4.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.8.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.8.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.9. Australia
- 8.4.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.9.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.9.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.9.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.9.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.4.10. South Korea
- 8.4.10.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.10.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.4.10.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.4.10.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.4.10.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.5.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.5.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.5.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.5.6. Brazil
- 8.5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.5.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.5.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.5.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6. Middle East & Africa
- 8.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.6. Saudi Arabia
- 8.6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.6.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.6.6.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.6.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.7. UAE
- 8.6.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.7.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.6.7.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.6.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
- 8.6.8. South Africa
- 8.6.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.8.2. Market estimates and forecast by type, 2018 - 2030 (USD Billion)
- 8.6.8.3. Market estimates and forecast by component, 2018 - 2030 (USD Billion)
- 8.6.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Billion)
- 8.6.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Share Analysis
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Product Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. ATrack Technology Inc.
- 9.6.1.1. Participant's Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Recent Developments
- 9.6.2. Broadcom
- 9.6.2.1. Participant's Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Recent Developments
- 9.6.3. Collins Aerospace
- 9.6.3.1. Participant's Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Recent Developments
- 9.6.4. Garmin Ltd.
- 9.6.4.1. Participant's Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Recent Developments
- 9.6.5. Geotab Inc.
- 9.6.5.1. Participant's Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Recent Developments
- 9.6.6. Hexagon AB
- 9.6.6.1. Participant's Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Recent Developments
- 9.6.7. MiTAC Holdings Corp
- 9.6.7.1. Participant's Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Recent Developments
- 9.6.8. Orbcomm Inc.
- 9.6.8.1. Participant's Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Recent Developments
- 9.6.9. Qualcomm Technologies, Inc.
- 9.6.9.1. Participant's Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Recent Developments
- 9.6.10. Shenzhen Concox Information Technology Co., Ltd.
- 9.6.10.1. Participant's Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Recent Developments
- 9.6.11. Sierra Wireless, Inc.
- 9.6.11.1. Participant's Overview
- 9.6.11.2. Financial Performance
- 9.6.11.3. Product Benchmarking
- 9.6.11.4. Recent Developments
- 9.6.12. Texas Instruments Incorporated
- 9.6.12.1. Participant's Overview
- 9.6.12.2. Financial Performance
- 9.6.12.3. Product Benchmarking
- 9.6.12.4. Recent Developments
- 9.6.13. TomTom International BV
- 9.6.13.1. Participant's Overview
- 9.6.13.2. Financial Performance
- 9.6.13.3. Product Benchmarking
- 9.6.13.4. Recent Developments
- 9.6.14. Trimble Inc.
- 9.6.14.1. Participant's Overview
- 9.6.14.2. Financial Performance
- 9.6.14.3. Product Benchmarking
- 9.6.14.4. Recent Developments
- 9.6.15. Verizon Connect
- 9.6.15.1. Participant's Overview
- 9.6.15.2. Financial Performance
- 9.6.15.3. Product Benchmarking
- 9.6.15.4. Recent Developments