The Latin America, Middle East and Africa GPS Tracking Device Market would witness market growth of 15.4% CAGR during the forecast period (2022-2028).
GPS provides complete details about the position, motion, as well as the speed of a specific vehicle. The development of GPS tracking technology facilitates the incorporation of additional features. It analyzes the location of the vehicle and also its driving style, sometimes even displaying the section of the road where mistakes were made while driving. The best future drive planning is made possible by this function. Reminders for maintenance and code readers are additional features of web-based car monitoring software.
A driver's path can be found along with the cheapest petrol station using some GPS devices. Since more advanced technologies are being adopted by various industries, the GPS tracking device market is expanding. A key factor in accelerating market expansion will be the encouragement given to security devices and improved resource management. GPS technology is frequently employed to pinpoint the exact location of automobiles and other mobile entities. The data about the moving object may be retained inside the tracking device or transferred to a central control unit.
Saudi Arabia is one of the greatest net petroleum exporters, home to over 17% of the world's proven oil reserves. The two main parts of Saudi Aramco's business are upstream and downstream. In addition, Saudi Aramco is one of the world's most integrated chemical and energy enterprises. Qatar has historically been one of the region's biggest producers of natural gas, and in the coming years, it is anticipated that it will generate even more gas. Therefore, the region's expanding oil & gas sector implies that the demand for commercial vehicles will increase, particularly those with GPS for easy fleet tracking. This is accelerating the expansion of the regional market.
The Brazil market dominated the LAMEA GPS Tracking Device Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $99.1 Million by 2028. The Argentina market is experiencing a CAGR of 16% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 15.1% during (2022 - 2028).
Based on Type, the market is segmented into Advance Trackers, Standalone Trackers, and On-Board Diagnostics (OBD) Devices. Based on Deployment, the market is segmented into Commercial Vehicles and Cargo & Containers. Based on Industry, the market is segmented into Transportation & Logistics, Construction, Government, Oil & Gas, Metals & Mining and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide GPS Tracking Device Market is Projected to reach USD 5.5 Billion by 2028, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TomTom N.V., Sierra Wireless, Inc. (Semtech Corporation), Sensata Technologies Holdings PLC, CalAmp Corp, Orbcomm, Inc. (GI Partners L.P.), Shenzhen Jimi IoT Co., Ltd., Queclink Wireless Solutions Co., Ltd., Teltonika, ATrack Technology, Inc. and Ruptela.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Advance Trackers
- Standalone Trackers
- On-Board Diagnostics (OBD) Devices
By Deployment
- Commercial Vehicles
- Cargo & Containers
By Industry
- Transportation & Logistics
- Construction
- Government
- Oil & Gas
- Metals & Mining
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- TomTom N.V.
- Sierra Wireless, Inc. (Semtech Corporation)
- Sensata Technologies Holdings PLC
- CalAmp Corp
- Orbcomm, Inc. (GI Partners L.P.)
- Shenzhen Jimi IoT Co., Ltd.
- Queclink Wireless Solutions Co., Ltd.
- Teltonika
- ATrack Technology, Inc.
- Ruptela
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA GPS Tracking Device Market, by Type
1.4.2 LAMEA GPS Tracking Device Market, by Deployment
1.4.3 LAMEA GPS Tracking Device Market, by Industry
1.4.4 LAMEA GPS Tracking Device Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2021
3.2 Recent strategies deployed in GPS Tracking Devices Market
Chapter 4. LAMEA GPS Tracking Device Market by Type
4.1 LAMEA Advance Trackers Market by Country
4.2 LAMEA Standalone Trackers Market by Country
4.3 LAMEA On-Board Diagnostics (OBD) Devices Market by Country
Chapter 5. LAMEA GPS Tracking Device Market by Deployment
5.1 LAMEA Commercial Vehicles Market by Country
5.2 LAMEA Cargo & Containers Market by Country
Chapter 6. LAMEA GPS Tracking Device Market by Industry
6.1 LAMEA Transportation & Logistics Market by Country
6.2 LAMEA Construction Market by Country
6.3 LAMEA Government Market by Country
6.4 LAMEA Oil & Gas Market by Country
6.5 LAMEA Metals & Mining Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA GPS Tracking Device Market by Country
7.1 Brazil GPS Tracking Device Market
7.1.1 Brazil GPS Tracking Device Market by Type
7.1.2 Brazil GPS Tracking Device Market by Deployment
7.1.3 Brazil GPS Tracking Device Market by Industry
7.2 Argentina GPS Tracking Device Market
7.2.1 Argentina GPS Tracking Device Market by Type
7.2.2 Argentina GPS Tracking Device Market by Deployment
7.2.3 Argentina GPS Tracking Device Market by Industry
7.3 UAE GPS Tracking Device Market
7.3.1 UAE GPS Tracking Device Market by Type
7.3.2 UAE GPS Tracking Device Market by Deployment
7.3.3 UAE GPS Tracking Device Market by Industry
7.4 Saudi Arabia GPS Tracking Device Market
7.4.1 Saudi Arabia GPS Tracking Device Market by Type
7.4.2 Saudi Arabia GPS Tracking Device Market by Deployment
7.4.3 Saudi Arabia GPS Tracking Device Market by Industry
7.5 South Africa GPS Tracking Device Market
7.5.1 South Africa GPS Tracking Device Market by Type
7.5.2 South Africa GPS Tracking Device Market by Deployment
7.5.3 South Africa GPS Tracking Device Market by Industry
7.6 Nigeria GPS Tracking Device Market
7.6.1 Nigeria GPS Tracking Device Market by Type
7.6.2 Nigeria GPS Tracking Device Market by Deployment
7.6.3 Nigeria GPS Tracking Device Market by Industry
7.7 Rest of LAMEA GPS Tracking Device Market
7.7.1 Rest of LAMEA GPS Tracking Device Market by Type
7.7.2 Rest of LAMEA GPS Tracking Device Market by Deployment
7.7.3 Rest of LAMEA GPS Tracking Device Market by Industry
Chapter 8. Company Profiles
8.1 TomTom N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Sierra Wireless, Inc. (Semtech Corporation)
8.2.1 Company overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Product Launches and Product Expansions:
8.3 Sensata Technologies Holdings PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 CalAmp Corp.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Orbcomm, Inc. (GI Partners L.P.)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Shenzhen Jimi IoT Co., Ltd.
8.6.1 Company Overview
8.7 Queclink Wireless Solutions Co., Ltd.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Teltonika
8.8.1 Company Overview
8.9 ATrack Technology, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Ruptela
8.10.1 Company Overview
TABLE 1 LAMEA GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 2 LAMEA GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 3 LAMEA GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Advance Trackers Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Advance Trackers Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Standalone Trackers Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Standalone Trackers Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA On-Board Diagnostics (OBD) Devices Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA On-Board Diagnostics (OBD) Devices Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 12 LAMEA GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 13 LAMEA Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Cargo & Containers Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Cargo & Containers Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 18 LAMEA GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 19 LAMEA Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Construction Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Construction Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Metals & Mining Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Metals & Mining Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA GPS Tracking Device Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA GPS Tracking Device Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 34 Brazil GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 35 Brazil GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 38 Brazil GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 39 Brazil GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 40 Brazil GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 41 Argentina GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 42 Argentina GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 43 Argentina GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 46 Argentina GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 47 Argentina GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 48 Argentina GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 49 UAE GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 50 UAE GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 51 UAE GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 54 UAE GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 55 UAE GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 56 UAE GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 65 South Africa GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 66 South Africa GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 67 South Africa GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 70 South Africa GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 71 South Africa GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 72 South Africa GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 73 Nigeria GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 74 Nigeria GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 75 Nigeria GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 78 Nigeria GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 79 Nigeria GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 80 Nigeria GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA GPS Tracking Device Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA GPS Tracking Device Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA GPS Tracking Device Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA GPS Tracking Device Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA GPS Tracking Device Market by Deployment, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA GPS Tracking Device Market by Deployment, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA GPS Tracking Device Market by Industry, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA GPS Tracking Device Market by Industry, 2022 - 2028, USD Million
TABLE 89 Key information – TomTom N.V.
TABLE 90 Key Information – Sierra Wireless, Inc.
TABLE 91 Key Information – Sensata Technologies Holdings PLC
TABLE 92 Key Information – CalAmp Corp.
TABLE 93 key information – Orbcomm, Inc.
TABLE 94 Key Information – Shenzhen Jimi IoT Co., Ltd.
TABLE 95 Key Information – Queclink Wireless Solutions Co., Ltd.
TABLE 96 Key Information – Teltonika
TABLE 97 Key Information – ATrack Technology, Inc.
TABLE 98 Key Information – Ruptela
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Recent strategies and developments: TomTom N.V.
FIG 4 SWOT Analysis: TomTom N.V.
FIG 5 Recent strategies and developments: Sierra Wireless, Inc.
FIG 6 Recent strategies and developments: Sensata Technologies Holdings PLC
FIG 7 Recent strategies and developments: CalAmp Corp
FIG 8 Recent strategies and developments: Orbcomm, Inc.