Market Overview:
The Global GPS Watch Tracker Market is expected to grow at a CAGR of XX% and reach a market size of US$XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into basic GPS watch and smart GPS watch. The basic GPS watch segment dominated the global market in 2017 owing to its low cost and wide availability. However, with advancements in technology, the smart GPS watch segment is expected to grow at a higher CAGR during the forecast period. On the basis of application, specialist retailers accounted for majority share of the global market in 2017 followed by factory outlets, internet sales and other applications respectively.
Product Definition:
A GPS watch tracker is a device that uses global positioning system (GPS) technology to track the location of an object or person. This type of device is often used by parents to keep track of their children, as well as by people who are in need of emergency assistance. The importance of GPS watch trackers lies in their ability to provide real-time information about the whereabouts of a person or object, which can be critical in emergency situations.
Basic GPS Watch:
Basic GPS watch is a basic device used for navigation which includes Global Positioning System (GPS) as its main feature. The global positioning system has been evolving over the years and has reached its maturity stage. It is now being used on a daily basis by people all around the world in their routine activities such as going to work, school or college, traveling from one place to another, following sports events etc.
Smart GPS Watch:
Smart GPS watch is a device which has the ability to receive and send real-time position information through wireless communication. The main function of this smartwatch is to provide location tracking, monitoring, and alerts on mobile devices. It can be used for both sports as well as day-to-day use. This product also provides various other features such as tracking heart rate through constant monitoring of heart rate zones, calories burned per minute, along with distance covered etc.
Application Insights:
The other application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. Other applications include personal use, employee use or employer use. The specialty retailers are adopting various strategies such as flash sale, daily deals and weekly deals to attract consumers. Specialty retailers offer free delivery service along with a premium price for high-end products which is likely to increase the adoption of GPS watches among these consumers.
Specialist retailers including REI Outlet stores, outlet malls and factory outlets are adopting various marketing strategies such as door-step delivery along with online transactions through mobile apps or website which further drives their adoption among general consumers across all income levels globally.
Regional Analysis:
North America dominated the global GPS watch tracker market in 2017. The region is expected to maintain its position throughout the forecast period owing to high demand for smart wearable devices and increasing popularity of outdoor activities such as hiking, trekking, and cycling. Europe accounted for a significant share of revenue in 2017 owing to growing consumer awareness regarding fitness and health along with rising obesity problems. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due both growth rate & volume-based segmentation across countries like China & Japan along with India & other South East Asian countries.
The Middle East has also been witnessing an increase in demand for these trackers since last few years on account of rapid development taking place within this region especially within UAE, Saudi Arabia, Oman, Jordan etc.
Growth Factors:
- Increasing demand for GPS-enabled devices in sports and fitness industry
- Rising awareness about the benefits of using GPS watch trackers for health and fitness purposes
- Growing popularity of wearable technology among consumers
- Proliferation of smart watches and other connected devices that can be used to track location data
- Advances in GPS tracking technology that make these devices more accurate and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Watch Tracker Market Research Report
By Type
Basic GPS Watch, Smart GPS Watch
By Application
Specialist Retailers, Factory outlets, Internet sales, Other
By Companies
Fitbit, Suunto, Apple, Garmin, Timex, Polar, Bryton, Samsung
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global GPS Watch Tracker Market Report Segments:
The global GPS Watch Tracker market is segmented on the basis of:
Types
Basic GPS Watch, Smart GPS Watch
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
Specialist Retailers, Factory outlets, Internet sales, Other
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:
- Fitbit
- Suunto
- Apple
- Garmin
- Timex
- Polar
- Bryton
- Samsung
Highlights of The GPS Watch Tracker 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:
- Basic GPS Watch
- Smart GPS Watch
- By Application:
- Specialist Retailers
- Factory outlets
- Internet sales
- Other
- 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 Watch Tracker 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 Watch Tracker is a software that helps you track the location of your device.
Some of the key players operating in the gps watch tracker market are Fitbit, Suunto, Apple, Garmin, Timex, Polar, Bryton, Samsung.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. GPS Watch Tracker Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. GPS Watch Tracker Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. GPS Watch Tracker Market - Supply Chain
4.5. Global GPS Watch Tracker Market Forecast
4.5.1. GPS Watch Tracker Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. GPS Watch Tracker Market Size (000 Units) and Y-o-Y Growth
4.5.3. GPS Watch Tracker Market Absolute $ Opportunity
5. Global GPS Watch Tracker Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. GPS Watch Tracker Market Size and Volume Forecast by Type
5.3.1. Basic GPS Watch
5.3.2. Smart GPS Watch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global GPS Watch Tracker Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. GPS Watch Tracker Market Size and Volume Forecast by Application
6.3.1. Specialist Retailers
6.3.2. Factory outlets
6.3.3. Internet sales
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global GPS Watch Tracker Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. GPS Watch Tracker Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global GPS Watch Tracker Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. GPS Watch Tracker Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global GPS Watch Tracker Demand Share Forecast, 2019-2026
9. North America GPS Watch Tracker Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America GPS Watch Tracker Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America GPS Watch Tracker Market Size and Volume Forecast by Application
9.4.1. Specialist Retailers
9.4.2. Factory outlets
9.4.3. Internet sales
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America GPS Watch Tracker Market Size and Volume Forecast by Type
9.7.1. Basic GPS Watch
9.7.2. Smart GPS Watch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America GPS Watch Tracker Demand Share Forecast, 2019-2026
10. Latin America GPS Watch Tracker Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America GPS Watch Tracker Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America GPS Watch Tracker Market Size and Volume Forecast by Application
10.4.1. Specialist Retailers
10.4.2. Factory outlets
10.4.3. Internet sales
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America GPS Watch Tracker Market Size and Volume Forecast by Type
10.7.1. Basic GPS Watch
10.7.2. Smart GPS Watch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America GPS Watch Tracker Demand Share Forecast, 2019-2026
11. Europe GPS Watch Tracker Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe GPS Watch Tracker Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe GPS Watch Tracker Market Size and Volume Forecast by Application
11.4.1. Specialist Retailers
11.4.2. Factory outlets
11.4.3. Internet sales
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe GPS Watch Tracker Market Size and Volume Forecast by Type
11.7.1. Basic GPS Watch
11.7.2. Smart GPS Watch
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe GPS Watch Tracker Demand Share, 2019-2026
12. Asia Pacific GPS Watch Tracker Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific GPS Watch Tracker Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific GPS Watch Tracker Market Size and Volume Forecast by Application
12.4.1. Specialist Retailers
12.4.2. Factory outlets
12.4.3. Internet sales
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific GPS Watch Tracker Market Size and Volume Forecast by Type
12.7.1. Basic GPS Watch
12.7.2. Smart GPS Watch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific GPS Watch Tracker Demand Share, 2019-2026
13. Middle East & Africa GPS Watch Tracker Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa GPS Watch Tracker Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa GPS Watch Tracker Market Size and Volume Forecast by Application
13.4.1. Specialist Retailers
13.4.2. Factory outlets
13.4.3. Internet sales
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa GPS Watch Tracker Market Size and Volume Forecast by Type
13.7.1. Basic GPS Watch
13.7.2. Smart GPS Watch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa GPS Watch Tracker Demand Share, 2019-2026
14. Competition Landscape
14.1. Global GPS Watch Tracker Market: Market Share Analysis
14.2. GPS Watch Tracker Distributors and Customers
14.3. GPS Watch Tracker Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fitbit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Suunto
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Apple
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Garmin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Timex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bryton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Samsung
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
