Market Overview:
The global GPS fleet tracking software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fleet management solutions by small and medium-sized businesses (SMBs) and the growing trend of cloud-based deployment models. The on-premise segment is expected to dominate the global GPS fleet tracking software market during the forecast period, owing to its advantages such as low implementation costs, better security, and control over data. However, the cloud-based segment is projected to grow at a higher CAGR than that of on-premise during the forecast period due to its advantages such as lower implementation costs, scalability, and easy upgradation options.
Product Definition:
GPS Fleet Tracking Software is used to track the location of a fleet of vehicles. The software can be used to create maps that show the location of each vehicle in real-time, as well as track historical data on where each vehicle has been. This information can be used by business owners and managers to make decisions about where to send their drivers and when.
On-premise:
On-premise is a term used for software and services that are hosted on the customer's site. The data generated by GPS fleet tracking devices is transmitted to the cloud where it is analyzed and stored. The information can be accessed using an internet connected device such as a laptop or smartphone.
The major advantage of on-premise solutions over their counterparts, which are hosted in the cloud, includes security concerns related to storing critical information on third party servers.
Cloud Based:
Cloud-based software is a type of software system that enables users to store data on a remote server using the internet. The data can be accessed from any location in real-time. Cloud based GPS fleet tracking software is used for monitoring vehicles and enhancing operational efficiency by providing real-time information about vehicle locations.
Application Insights:
The 1-5 size fleet segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR over the forecast period. The growth can be attributed to increasing demand for cost-effective tracking solutions across small businesses that have fewer than 50 vehicles. These companies are increasingly adopting Global Positioning System (GPS) trackers as they offer flexible payment options, along with easy installation and management features through web portals, mobile applications or remote control systems.
The 6-24 size fleet segment also held significant market share in terms of revenue generation in 2017 due to growing awareness about benefits such as real time location information regarding vehicle movements, enabling effective business operations by enabling managers/supervisors to plan their work schedules accordingly. Furthermore, increased government funding & initiatives towards promoting e-commerce activities are expected to boost online retail sales which will subsequently fuel industry expansion over the coming years.
Regional Analysis:
North America dominated the global fleet tracking software market in 2017. The growth of this region can be attributed to the presence of prominent players such as Trimble Navigation Ltd., Telogis, and Fleetmatics. These companies are focusing on developing high-precision GNSS fleet tracking solutions for commercial vehicles. Moreover, these solution providers are also offering their services towing and vehicle maintenance services providers in North America thereby contributing towards regional growth.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives for road infrastructure development coupled with rising demand for commercial transportation across countries such as India, China, Japan, South Korea and Australia among others which will drive industry expansion over next eight years from 2018 to 2030 timeframe). Furthermore European region is projecteded grow at a lucrative rate during same period due to growing trend towards electric vehicles (EVs) especially in major countries including Germany; France; Italy; U K.
Growth Factors:
- Increasing demand for GPS fleet tracking software from small and medium-sized businesses (SMBs) due to the benefits of increased efficiency, safety, and cost savings.
- The increasing popularity of GPS fleet tracking among consumers for personal vehicle tracking purposes.
- Development of innovative features and functionality by GPS fleet tracking software providers in order to differentiate their products in a highly competitive market.
- Growing demand for location-based services (LBS) across a variety of industries, which is benefiting the growth of the GPS fleet tracking software market.
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Fleet Tracking Software Market Research Report
By Type
On-premise, Cloud Based
By Application
1-5 Size Fleet, 6-24 Size Fleet, 25-49 Size Fleet, 50-99 Size Fleet, Above 100 Fleet
By Companies
GPS TrackIt, Teletrac Navman, Quartix, Samsara, Verizon Connect, Nextraq, Advanced Tracking Technologies, Brickhouse Security, Budget GPS, CalAmp, Fleetio, Fleetmatics, Telogis, Verizon Networkfleet, Zonar, FleetWave
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global GPS Fleet Tracking Software Market Report Segments:
The global GPS Fleet Tracking Software market is segmented on the basis of:
Types
On-premise, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
1-5 Size Fleet, 6-24 Size Fleet, 25-49 Size Fleet, 50-99 Size Fleet, Above 100 Fleet
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GPS TrackIt
- Teletrac Navman
- Quartix
- Samsara
- Verizon Connect
- Nextraq
- Advanced Tracking Technologies
- Brickhouse Security
- Budget GPS
- CalAmp
- Fleetio
- Fleetmatics
- Telogis
- Verizon Networkfleet
- Zonar
- FleetWave
Highlights of The GPS Fleet Tracking Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud Based
- By Application:
- 1-5 Size Fleet
- 6-24 Size Fleet
- 25-49 Size Fleet
- 50-99 Size Fleet
- Above 100 Fleet
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GPS Fleet Tracking Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
GPS Fleet Tracking Software is a software application that allows users to track the location of vehicles and assets using GPS. The software can be used to keep track of vehicles in real time, as well as historical data.
Some of the key players operating in the gps fleet tracking software market are GPS TrackIt, Teletrac Navman, Quartix, Samsara, Verizon Connect, Nextraq, Advanced Tracking Technologies, Brickhouse Security, Budget GPS, CalAmp, Fleetio, Fleetmatics, Telogis, Verizon Networkfleet, Zonar, FleetWave.
The gps fleet tracking software market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GPS Fleet Tracking Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 GPS Fleet Tracking Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GPS Fleet Tracking Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the GPS Fleet Tracking Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global GPS Fleet Tracking Software Market Size & Forecast, 2018-2028
4.5.1 GPS Fleet Tracking Software Market Size and Y-o-Y Growth
4.5.2 GPS Fleet Tracking Software Market Absolute $ Opportunity
Chapter 5 Global GPS Fleet Tracking Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 GPS Fleet Tracking Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global GPS Fleet Tracking Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 GPS Fleet Tracking Software Market Size Forecast by Applications
6.2.1 1-5 Size Fleet
6.2.2 6-24 Size Fleet
6.2.3 25-49 Size Fleet
6.2.4 50-99 Size Fleet
6.2.5 Above 100 Fleet
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GPS Fleet Tracking Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GPS Fleet Tracking Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America GPS Fleet Tracking Software Analysis and Forecast
9.1 Introduction
9.2 North America GPS Fleet Tracking Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America GPS Fleet Tracking Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America GPS Fleet Tracking Software Market Size Forecast by Applications
9.10.1 1-5 Size Fleet
9.10.2 6-24 Size Fleet
9.10.3 25-49 Size Fleet
9.10.4 50-99 Size Fleet
9.10.5 Above 100 Fleet
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe GPS Fleet Tracking Software Analysis and Forecast
10.1 Introduction
10.2 Europe GPS Fleet Tracking Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe GPS Fleet Tracking Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe GPS Fleet Tracking Software Market Size Forecast by Applications
10.10.1 1-5 Size Fleet
10.10.2 6-24 Size Fleet
10.10.3 25-49 Size Fleet
10.10.4 50-99 Size Fleet
10.10.5 Above 100 Fleet
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific GPS Fleet Tracking Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific GPS Fleet Tracking Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific GPS Fleet Tracking Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific GPS Fleet Tracking Software Market Size Forecast by Applications
11.10.1 1-5 Size Fleet
11.10.2 6-24 Size Fleet
11.10.3 25-49 Size Fleet
11.10.4 50-99 Size Fleet
11.10.5 Above 100 Fleet
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America GPS Fleet Tracking Software Analysis and Forecast
12.1 Introduction
12.2 Latin America GPS Fleet Tracking Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America GPS Fleet Tracking Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America GPS Fleet Tracking Software Market Size Forecast by Applications
12.10.1 1-5 Size Fleet
12.10.2 6-24 Size Fleet
12.10.3 25-49 Size Fleet
12.10.4 50-99 Size Fleet
12.10.5 Above 100 Fleet
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) GPS Fleet Tracking Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) GPS Fleet Tracking Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) GPS Fleet Tracking Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) GPS Fleet Tracking Software Market Size Forecast by Applications
13.10.1 1-5 Size Fleet
13.10.2 6-24 Size Fleet
13.10.3 25-49 Size Fleet
13.10.4 50-99 Size Fleet
13.10.5 Above 100 Fleet
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GPS Fleet Tracking Software Market: Competitive Dashboard
14.2 Global GPS Fleet Tracking Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GPS TrackIt
14.3.2 Teletrac Navman
14.3.3 Quartix
14.3.4 Samsara
14.3.5 Verizon Connect
14.3.6 Nextraq
14.3.7 Advanced Tracking Technologies
14.3.8 Brickhouse Security
14.3.9 Budget GPS
14.3.10 CalAmp
14.3.11 Fleetio
14.3.12 Fleetmatics
14.3.13 Telogis
14.3.14 Verizon Networkfleet
14.3.15 Zonar
14.3.16 FleetWave
