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UNITED STATES VEHICLE TRACKING SYSTEM MARKET FORECAST 2022-2028

The United States vehicle tracking system market is estimated to progress with a CAGR of 15.22% during the forecasting years, reaching a revenue share of $12904.34 million by 2028. The base year considered for the studied market is 2021, and the forecasted years are from 2022 to 2028.

UNITED STATES VEHICLE TRACKING SYSTEM MARKET FORECAST 2022-2028

United States Vehicle Tracking System Market by Type (Active, Passive) Market by Technology (Gps/satellite, Gprs/cellular, Dual Mode) Market by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles) Market by End Use (Transportation & Logistics, Construction & Manufacturing, Aviation, Retail, Government & Defense, Other End Uses) Market by Component (Hardware, Software, Other Software)

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The United States vehicle tracking system market is estimated to progress with a CAGR of 15.22% during the forecasting years, reaching a revenue share of $12904.34 million by 2028. The base year considered for the studied market is 2021, and the forecasted years are from 2022 to 2028.

The increasing number of automobiles, in addition to the growing demand for vehicle tracking systems due to inter-state traveling, are among the key drivers accredited to the market growth in the United States.

United States Vehicle Tracking System Market

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Vehicle tracking systems function via technologies such as general packet radio service (GPRS), dual mode, and global positioning systems (GPS). They also assist in identifying the asset’s precise location and bolstering fleet productivity by minimizing maintenance expenses and maximizing profits. Moreover, vehicle tracking systems also help verify whether an enterprise’s transportation system fulfills business demands in a reliable, efficient, and cost-effective manner.

Large fleet owners in the United States, including delivery services providers, cab services, and courier companies, as well as other players managing a significant number of vehicles, greatly benefit from vehicle tracking systems. As of 2020, according to the United States Department of Transportation, the nation utilized and accommodated over 8 million automobiles and trucks in fleets. Furthermore, statistics also suggest that the United States harbored around 276 million registered vehicles of all types in 2020. These factors play an essential role in fueling the demand for vehicle tracking systems, thus propelling their market growth in the United States during the forecast period.

The United States vehicle tracking system market is segmented into type, technology, vehicle type, end use, and component. The vehicle type segment covers passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicles segment constitutes automobiles designed to carry up to 9 patrons, including the driver. The majority of privately-owned vehicles, as well as cars utilized in cab services, are also considered under this segment. Globally, such automobiles observe increasing demand owing to various factors like the growing need for self-drive/rental cars and the rising usage by cab service providers.

In addition, light commercial vehicles (LVCs) include pickup trucks, mini trucks, and minivans. They can be used to safely deliver vegetables, white goods, beverages, fruits, market loads, and a variety of other items. With a high payload capacity and excellent fuel efficiency, light commercial vehicles can be used as logistics & transportation solutions for small as well as mid-sized businesses.

Some of the major firms operating in the United States vehicle tracking system market include Verizon Communications Inc, Xirgo Technologies LLC, Inseego Corp, etc.

Verizon Communications Inc, headquartered in the United States, operates via two segments, namely Verizon Business Group (Business) and Verizon Consumer Group (Consumer). The consumer segment offers consumer-focused wireless and wireline communications products and services.

On the other hand, the business segment provides wireless and wireline communications services and products, such as video and conferencing services, security and managed network services, corporate networking solutions, network access to deliver various Internet of Things (IoT) services, local and long-distance voice services, and others.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2028
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Type, Technology, Vehicle Type, End Use, Component
Country Analyzed United States
Companies Analyzed

ORBCOMM Inc, Inseego Corp, Samsara Inc, Solera Inc, Verizon Communications Inc, Xirgo Technologies LLC

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON VEHICLE TRACKING SYSTEM MARKET
      • PESTLE ANALYSIS
        • POLITICAL
        • ECONOMICAL
        • SOCIAL
        • TECHNOLOGICAL
        • LEGAL
        • ENVIRONMENT
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
    1. MARKET BY TYPE
      • ACTIVE
      • PASSIVE
    2. MARKET BY TECHNOLOGY
      • GPS/SATELLITE
      • GPRS/CELLULAR
      • DUAL MODE
    3. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLES
      • LIGHT COMMERCIAL VEHICLES
      • HEAVY COMMERCIAL VEHICLES
    4. MARKET BY END USE
      • TRANSPORTATION & LOGISTICS
      • CONSTRUCTION & MANUFACTURING
      • AVIATION
      • RETAIL
      • GOVERNMENT & DEFENSE
      • OTHER END USES
    5. MARKET BY COMPONENT
      • HARDWARE
        • OBD DEVICE/TRACKER & ADVANCE TRACKER
        • STANDALONE TRACKER
      • SOFTWARE
        • PERFORMANCE MEASUREMENT
        • VEHICLE DIAGNOSTICS
        • FLEET ANALYTICS & REPORTING
        • DRIVER BEHAVIOR MONITORING
        • OTHER SOFTWARE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • INSEEGO CORP
        • ORBCOMM INC
        • SAMSARA INC
        • SOLERA INC
        • VERIZON COMMUNICATIONS INC
        • XIRGO TECHNOLOGIES LLC

    LIST OF TABLES

    TABLE 1:  MARKET SNAPSHOT – UNITED STATES VEHICLE TRACKING SYSTEM

    TABLE 2:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 4:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 6:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 8:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY END USE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY END USE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 10:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY COMPONENT, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 12:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE COMPONENTS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 13:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE COMPONENTS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 14:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE COMPONENTS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 15:  UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE COMPONENTS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 16:  LIST OF MERGERS & ACQUISITIONS

    TABLE 17:  LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 18:  LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 19:  LIST OF BUSINESS EXPANSIONS & DIVESTITURES          

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

    FIGURE 5: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY ACTIVE, 2022-2028 (IN $ MILLION)

    FIGURE 6: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY PASSIVE, 2022-2028 (IN $ MILLION)

    FIGURE 7: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021

    FIGURE 8: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY GPS/SATELLITE, 2022-2028 (IN $ MILLION)

    FIGURE 9: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY GPRS/CELLULAR, 2022-2028 (IN $ MILLION)

    FIGURE 10: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY DUAL MODE, 2022-2028 (IN $ MILLION)

    FIGURE 11: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021

    FIGURE 12: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY PASSENGER VEHICLE, 2022-2028 (IN $ MILLION)

    FIGURE 13: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY LIGHT COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

    FIGURE 14: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY HEAVY COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

    FIGURE 15: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY END USE, IN 2021

    FIGURE 16: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY TRANSPORTATION & LOGISTICS, 2022-2028 (IN $ MILLION)

    FIGURE 17: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY CONSTRUCTION & MANUFACTURING, 2022-2028 (IN $ MILLION)

    FIGURE 18: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY AVIATION, 2022-2028 (IN $ MILLION)

    FIGURE 19: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)

    FIGURE 20: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY GOVERNMENT & DEFENSE, 2022-2028 (IN $ MILLION)

    FIGURE 21: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY OTHER END USE, 2022-2028 (IN $ MILLION)

    FIGURE 22: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2021

    FIGURE 23: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)

    FIGURE 24: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY HARDWARE COMPONENTS, IN 2021

    FIGURE 25: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY OBD DEVICE/TRACKER & ADVANCE TRACKER, 2022-2028 (IN $ MILLION)

    FIGURE 26: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY STANDALONE TRACKER, 2022-2028 (IN $ MILLION)

    FIGURE 27: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)

    FIGURE 28: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, GROWTH POTENTIAL, BY SOFTWARE COMPONENTS, IN 2021

    FIGURE 29: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY PERFORMANCE MEASUREMENT, 2022-2028 (IN $ MILLION)

    FIGURE 30: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY VEHICLE DIAGNOSTICS, 2022-2028 (IN $ MILLION)

    FIGURE 31: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY FLEET ANALYTICS & REPORTING, 2022-2028 (IN $ MILLION)

    FIGURE 32: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY DRIVER BEHAVIOR MONITORING, 2022-2028 (IN $ MILLION)

    FIGURE 33: UNITED STATES VEHICLE TRACKING SYSTEM MARKET, BY OTHER SOFTWARE, 2022-2028 (IN $ MILLION)       

    1. MARKET BY TYPE
      • ACTIVE
      • PASSIVE
    2. MARKET BY TECHNOLOGY
      • GPS/SATELLITE
      • GPRS/CELLULAR
      • DUAL MODE
    3. MARKET BY VEHICLE TYPE
      • PASSENGER VEHICLES
      • LIGHT COMMERCIAL VEHICLES
      • HEAVY COMMERCIAL VEHICLES
    4. MARKET BY END USE
      • TRANSPORTATION & LOGISTICS
      • CONSTRUCTION & MANUFACTURING
      • AVIATION
      • RETAIL
      • GOVERNMENT & DEFENSE
      • OTHER END USES
    5. MARKET BY COMPONENT
      • HARDWARE
        • OBD DEVICE/TRACKER & ADVANCE TRACKER
        • STANDALONE TRACKER
      • SOFTWARE
        • PERFORMANCE MEASUREMENT
        • VEHICLE DIAGNOSTICS
        • FLEET ANALYTICS & REPORTING
        • DRIVER BEHAVIOR MONITORING
        • OTHER SOFTWARE

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    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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