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Vehicle Tracking Systems Market Size to reach $13.4 billion by 2024- KBV Research

Press release   •   May 27, 2019 14:09 IST

According to a new report Global Vehicle Tracking Systems Market, published by KBV research, The Global Vehicle Tracking Systems Market size is expected to reach $13.4 billion by 2024, rising at a market growth of 18.9% CAGR during the forecast period.

The Asia Pacific market would dominate the Global Passenger Vehicle Tracking Systems Market by Region by 2024. The Europe market is expected to witness a CAGR of 17% during (2018-2024). Additionally, The North America market is expected to witness a CAGR of 16.6% during (2018-2024).

The Active market dominated the Global Vehicle Tracking Systems Market by Type 2017. The Passive market is expected to witness highest CAGR of 17% during (2018-2024).

The Cellular Tracking market dominated the Global Vehicle Tracking Systems Market by Tracking Mode 2017, growing at a CAGR of 18 % during the forecast period. The Satellite Tracking market is expected to witness a CAGR of 19.6% during (2018-2024). Additionally, The Mobile Tracking market is expected to witness highest CAGR of 20.8% during (2018 - 2024).

Full Report: https://www.kbvresearch.com/vehicle-tracking-systems-market/

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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Vehicle Tracking Systems Market Size Segmentation

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

Others

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

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.

Unique Offerings from KBV Research

Exhaustive coverage of Global Vehicle Tracking Systems Market Size

Highest number of market tables and figures

Subscription based model available

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Assured post sales research support with 10% customization free

Vehicle Tracking Systems Market Related Reports:

North America Vehicle Tracking Systems Market

Europe Vehicle Tracking Systems Market

Asia Pacific Vehicle Tracking Systems Market

LAMEA Vehicle Tracking Systems Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KVB Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.