Vehicle Tracking Systems Market Size, Share, and Trends 2024 to 2034

The global vehicle tracking systems market size is estimated at USD 31.60 billion in 2025 and is anticipated to reach around USD 99.56 billion by 2034, expanding at a CAGR of 13.67% from 2025 to 2034. The North America vehicle tracking systems market size was estimated at USD 9.12 billion in 2024 and is expanding at a CAGR of 13.70% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1399
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Vehicle Tracking Systems Market 

5.1. COVID-19 Landscape: Vehicle Tracking Systems Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Vehicle Tracking Systems Market, By Vehicle

8.1. Vehicle Tracking Systems Market, by Vehicle Type,

8.1.1. Heavy Commercial Vehicles

8.1.1.1. Market Revenue and Forecast

8.1.2. Passenger Vehicles

8.1.2.1. Market Revenue and Forecast

8.1.3. Light Commercial Vehicles

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Vehicle Tracking Systems Market, By Technology

9.1. Vehicle Tracking Systems Market, by Technology,

9.1.1. GPS/Satellite

9.1.1.1. Market Revenue and Forecast

9.1.2. GPRS/Cellular Networks

9.1.2.1. Market Revenue and Forecast

9.1.3. Dual Mode

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Vehicle Tracking Systems Market, By Component 

10.1. Vehicle Tracking Systems Market, by Component,

10.1.1. Software

10.1.1.1. Market Revenue and Forecast

10.1.2. Hardware

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Vehicle Tracking Systems Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Vehicle

11.1.2. Market Revenue and Forecast, by Technology

11.1.3. Market Revenue and Forecast, by Component

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Vehicle

11.1.4.2. Market Revenue and Forecast, by Technology

11.1.4.3. Market Revenue and Forecast, by Component

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Vehicle

11.1.5.2. Market Revenue and Forecast, by Technology

11.1.5.3. Market Revenue and Forecast, by Component

11.2. Europe

11.2.1. Market Revenue and Forecast, by Vehicle

11.2.2. Market Revenue and Forecast, by Technology

11.2.3. Market Revenue and Forecast, by Component

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Vehicle

11.2.4.2. Market Revenue and Forecast, by Technology

11.2.4.3. Market Revenue and Forecast, by Component

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Vehicle

11.2.5.2. Market Revenue and Forecast, by Technology

11.2.5.3. Market Revenue and Forecast, by Component

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Vehicle

11.2.6.2. Market Revenue and Forecast, by Technology

11.2.6.3. Market Revenue and Forecast, by Component

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Vehicle

11.2.7.2. Market Revenue and Forecast, by Technology

11.2.7.3. Market Revenue and Forecast, by Component

11.3. APAC

11.3.1. Market Revenue and Forecast, by Vehicle

11.3.2. Market Revenue and Forecast, by Technology

11.3.3. Market Revenue and Forecast, by Component

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Vehicle

11.3.4.2. Market Revenue and Forecast, by Technology

11.3.4.3. Market Revenue and Forecast, by Component

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Vehicle

11.3.5.2. Market Revenue and Forecast, by Technology

11.3.5.3. Market Revenue and Forecast, by Component

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Vehicle

11.3.6.2. Market Revenue and Forecast, by Technology

11.3.6.3. Market Revenue and Forecast, by Component

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Vehicle

11.3.7.2. Market Revenue and Forecast, by Technology

11.3.7.3. Market Revenue and Forecast, by Component

11.4. MEA

11.4.1. Market Revenue and Forecast, by Vehicle

11.4.2. Market Revenue and Forecast, by Technology

11.4.3. Market Revenue and Forecast, by Component

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Vehicle

11.4.4.2. Market Revenue and Forecast, by Technology

11.4.4.3. Market Revenue and Forecast, by Component

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Vehicle

11.4.5.2. Market Revenue and Forecast, by Technology

11.4.5.3. Market Revenue and Forecast, by Component

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Vehicle

11.4.6.2. Market Revenue and Forecast, by Technology

11.4.6.3. Market Revenue and Forecast, by Component

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Vehicle

11.4.7.2. Market Revenue and Forecast, by Technology

11.4.7.3. Market Revenue and Forecast, by Component

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Vehicle

11.5.2. Market Revenue and Forecast, by Technology

11.5.3. Market Revenue and Forecast, by Component

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Vehicle

11.5.4.2. Market Revenue and Forecast, by Technology

11.5.4.3. Market Revenue and Forecast, by Component

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Vehicle

11.5.5.2. Market Revenue and Forecast, by Technology

11.5.5.3. Market Revenue and Forecast, by Component

Chapter 12. Company Profiles

12.1. CalAmp

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Cartrack Holdings Limited

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Continental Ag

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Geotab Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Trackimo

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Teltonika

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. TeletracNavman US

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Tomtom, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Verizon Communication Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Xirgo Technologies, LLC.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global vehicle tracking systems market size was reached at USD 27.64 billion in 2024 and is predicted to hit USD 99.56 billion by 2034.

The global vehicle tracking systems market is poised to grow at a CAGR of 13.67% from 2025 to 2034.

The vehicle tracking systems offer various advantages such as increased operational efficiency, reduced cost, vehicle monitoring, fuel management, vehicle maintenance, driver monitoring, and safety & security, which spurs the demand for the vehicle tracking systems across the globe.

The top key players operating in the vehicle tracking systems market are CalAmp, Cartrack Holdings Limited, Continental Ag, Geotab Inc., Trackimo, Teltonika, TeletracNavman US, Tomtom, Inc., Verizon Communication Inc., Xirgo Technologies, LLC..

North America region will lead the global vehicle tracking systems market during the forecast period 2025 to 2034.

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