Personal GPS Trackers Market Scope and Size by 2031
Personal GPS tracking devices are getting smaller, and they're expected to get much smaller in the future. With the advancement in technology, it is now possible to build GPS receivers that are the size of a thumbnail and batteries that are smaller, resulting in a long-lasting application. The GPS tracking device's batteries have a life of around 3-4 years, which helps operations go more smoothly. They are used on both children and adults to assist with monitoring if necessary.
MARKET DYNAMICS
These systems may be used to keep an eye on vehicles from afar. With the aid of apps, technical advances will offer real-time information to different industries, in addition to all of these advantages. Furthermore, enhanced mapping combined with predictive diagnosis would boost demand for GPS tracking devices across various industries, resulting in growth in the global GPS tracking market. The environmental factors and impact of nonstandard products have led to a poor experience for users. These factors can hinder the growth of this market.
MARKET SCOPE
The "Personal GPS Trackers Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Personal GPS Trackers market with detailed market segmentation by form and distribution channel. The Personal GPS Trackers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Personal GPS Trackers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Personal GPS Trackers market is segmented into Type and Application. By Type, the Personal GPS Trackers market is classified into SIM GPS trackers and SIM free GPS trackers. By application, the Personal GPS Trackers market is classified into Children and Adults.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Personal GPS Trackers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Personal GPS Trackers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Personal GPS Trackers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Personal GPS Trackers market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Personal GPS Trackers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Personal GPS Trackers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Personal GPS Trackers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Personal GPS Trackers market in these regions.
MARKET PLAYERS
The report covers vital developments in the Personal GPS Trackers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Personal GPS Trackers market are anticipated to lucrative growth opportunities in the future with the rising demand for Personal GPS Trackers in the global market. Below mentioned is the list of few companies engaged in the Personal GPS Trackers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Personal GPS Trackers market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Arknav
- BrickHouse Security
- Concox Information Technology
- Laipac Technology Inc.
- ORBCOMM
- Queclink Wireless Solutions Co ., Ltd.
- Starcom Systems Ltd
- SUNTECH INTERNATIONAL Ltd.
- TELTONIKA
- Trackimo
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Personal GPS Trackers Market - By Type
1.3.2 Personal GPS Trackers Market - By Application
1.3.3 Personal GPS Trackers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PERSONAL GPS TRACKERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PERSONAL GPS TRACKERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PERSONAL GPS TRACKERS MARKET - GLOBAL MARKET ANALYSIS
6.1. PERSONAL GPS TRACKERS - GLOBAL MARKET OVERVIEW
6.2. PERSONAL GPS TRACKERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PERSONAL GPS TRACKERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SIM GPS TRACKERS
7.3.1. Overview
7.3.2. SIM GPS Trackers Market Forecast and Analysis
7.4. SIM FREE GPS TRACKERS
7.4.1. Overview
7.4.2. SIM Free GPS Trackers Market Forecast and Analysis
8. PERSONAL GPS TRACKERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CHILDREN
8.3.1. Overview
8.3.2. Children Market Forecast and Analysis
8.4. ADULTS
8.4.1. Overview
8.4.2. Adults Market Forecast and Analysis
9. PERSONAL GPS TRACKERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Personal GPS Trackers Market Overview
9.1.2 North America Personal GPS Trackers Market Forecasts and Analysis
9.1.3 North America Personal GPS Trackers Market Forecasts and Analysis - By Type
9.1.4 North America Personal GPS Trackers Market Forecasts and Analysis - By Application
9.1.5 North America Personal GPS Trackers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Personal GPS Trackers Market
9.1.5.1.1 United States Personal GPS Trackers Market by Type
9.1.5.1.2 United States Personal GPS Trackers Market by Application
9.1.5.2 Canada Personal GPS Trackers Market
9.1.5.2.1 Canada Personal GPS Trackers Market by Type
9.1.5.2.2 Canada Personal GPS Trackers Market by Application
9.1.5.3 Mexico Personal GPS Trackers Market
9.1.5.3.1 Mexico Personal GPS Trackers Market by Type
9.1.5.3.2 Mexico Personal GPS Trackers Market by Application
9.2. EUROPE
9.2.1 Europe Personal GPS Trackers Market Overview
9.2.2 Europe Personal GPS Trackers Market Forecasts and Analysis
9.2.3 Europe Personal GPS Trackers Market Forecasts and Analysis - By Type
9.2.4 Europe Personal GPS Trackers Market Forecasts and Analysis - By Application
9.2.5 Europe Personal GPS Trackers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Personal GPS Trackers Market
9.2.5.1.1 Germany Personal GPS Trackers Market by Type
9.2.5.1.2 Germany Personal GPS Trackers Market by Application
9.2.5.2 France Personal GPS Trackers Market
9.2.5.2.1 France Personal GPS Trackers Market by Type
9.2.5.2.2 France Personal GPS Trackers Market by Application
9.2.5.3 Italy Personal GPS Trackers Market
9.2.5.3.1 Italy Personal GPS Trackers Market by Type
9.2.5.3.2 Italy Personal GPS Trackers Market by Application
9.2.5.4 United Kingdom Personal GPS Trackers Market
9.2.5.4.1 United Kingdom Personal GPS Trackers Market by Type
9.2.5.4.2 United Kingdom Personal GPS Trackers Market by Application
9.2.5.5 Russia Personal GPS Trackers Market
9.2.5.5.1 Russia Personal GPS Trackers Market by Type
9.2.5.5.2 Russia Personal GPS Trackers Market by Application
9.2.5.6 Rest of Europe Personal GPS Trackers Market
9.2.5.6.1 Rest of Europe Personal GPS Trackers Market by Type
9.2.5.6.2 Rest of Europe Personal GPS Trackers Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Personal GPS Trackers Market Overview
9.3.2 Asia-Pacific Personal GPS Trackers Market Forecasts and Analysis
9.3.3 Asia-Pacific Personal GPS Trackers Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Personal GPS Trackers Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Personal GPS Trackers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Personal GPS Trackers Market
9.3.5.1.1 Australia Personal GPS Trackers Market by Type
9.3.5.1.2 Australia Personal GPS Trackers Market by Application
9.3.5.2 China Personal GPS Trackers Market
9.3.5.2.1 China Personal GPS Trackers Market by Type
9.3.5.2.2 China Personal GPS Trackers Market by Application
9.3.5.3 India Personal GPS Trackers Market
9.3.5.3.1 India Personal GPS Trackers Market by Type
9.3.5.3.2 India Personal GPS Trackers Market by Application
9.3.5.4 Japan Personal GPS Trackers Market
9.3.5.4.1 Japan Personal GPS Trackers Market by Type
9.3.5.4.2 Japan Personal GPS Trackers Market by Application
9.3.5.5 South Korea Personal GPS Trackers Market
9.3.5.5.1 South Korea Personal GPS Trackers Market by Type
9.3.5.5.2 South Korea Personal GPS Trackers Market by Application
9.3.5.6 Rest of Asia-Pacific Personal GPS Trackers Market
9.3.5.6.1 Rest of Asia-Pacific Personal GPS Trackers Market by Type
9.3.5.6.2 Rest of Asia-Pacific Personal GPS Trackers Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Personal GPS Trackers Market Overview
9.4.2 Middle East and Africa Personal GPS Trackers Market Forecasts and Analysis
9.4.3 Middle East and Africa Personal GPS Trackers Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Personal GPS Trackers Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Personal GPS Trackers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Personal GPS Trackers Market
9.4.5.1.1 South Africa Personal GPS Trackers Market by Type
9.4.5.1.2 South Africa Personal GPS Trackers Market by Application
9.4.5.2 Saudi Arabia Personal GPS Trackers Market
9.4.5.2.1 Saudi Arabia Personal GPS Trackers Market by Type
9.4.5.2.2 Saudi Arabia Personal GPS Trackers Market by Application
9.4.5.3 U.A.E Personal GPS Trackers Market
9.4.5.3.1 U.A.E Personal GPS Trackers Market by Type
9.4.5.3.2 U.A.E Personal GPS Trackers Market by Application
9.4.5.4 Rest of Middle East and Africa Personal GPS Trackers Market
9.4.5.4.1 Rest of Middle East and Africa Personal GPS Trackers Market by Type
9.4.5.4.2 Rest of Middle East and Africa Personal GPS Trackers Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Personal GPS Trackers Market Overview
9.5.2 South and Central America Personal GPS Trackers Market Forecasts and Analysis
9.5.3 South and Central America Personal GPS Trackers Market Forecasts and Analysis - By Type
9.5.4 South and Central America Personal GPS Trackers Market Forecasts and Analysis - By Application
9.5.5 South and Central America Personal GPS Trackers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Personal GPS Trackers Market
9.5.5.1.1 Brazil Personal GPS Trackers Market by Type
9.5.5.1.2 Brazil Personal GPS Trackers Market by Application
9.5.5.2 Argentina Personal GPS Trackers Market
9.5.5.2.1 Argentina Personal GPS Trackers Market by Type
9.5.5.2.2 Argentina Personal GPS Trackers Market by Application
9.5.5.3 Rest of South and Central America Personal GPS Trackers Market
9.5.5.3.1 Rest of South and Central America Personal GPS Trackers Market by Type
9.5.5.3.2 Rest of South and Central America Personal GPS Trackers Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PERSONAL GPS TRACKERS MARKET, KEY COMPANY PROFILES
11.1. ARKNAV
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BRICKHOUSE SECURITY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CONCOX INFORMATION TECHNOLOGY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LAIPAC TECHNOLOGY INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ORBCOMM
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. QUECLINK WIRELESS SOLUTIONS CO ., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STARCOM SYSTEMS LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SUNTECH INTERNATIONAL LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TELTONIKA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRACKIMO
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Arknav
2. BrickHouse Security
3. Concox Information Technology
4. Laipac Technology Inc.
5. ORBCOMM
6. Queclink Wireless Solutions Co ., Ltd.
7. Starcom Systems Ltd
8. SUNTECH INTERNATIONAL Ltd.
9. TELTONIKA
10. Trackimo
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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