VTS Market Size, Key Drivers, Trends, Growth and Future Scope Analysis by 2025
Global VTS Market Size Research Report: Information by Type (Active and Passive System), by Technology [Global Navigation Satellite System (GLONASS), Global Positioning System (GPS), Connectivity Technology and others], by Propulsion (ICE and Electric Vehicle), by Vehicle Type (Passenger Car and Commercial Vehicle), by Application (Residential and Commercial) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025
(firmenpresse) - VTS Market Size Overview
A vehicle tracking system is a real time data tracking system that works using GPS and GSM technologies. It provides the exact movement of a vehicle from any location, at any time. Furthermore, cellular or radio transmitters are also used to track the vehicles. Vehicle tracking systems are also popular in consumer vehicles for theft prevention, monitoring, and retrieval device.
The global VTS Market Size is anticipated to garner a CAGR of 14.3% during the forecast period (2019-2025), Market Research Future (MRFR) unveils in a detailed report.
Competitive Dashboard
The players operating in the global VTS Market Size include Cartrack Holdings Limited (South Africa), AT&T Inc. (US), Robert Bosch GmbH (Germany), Continental AG (Germany), Spireon, Inc. (the US), Verizon Communications Inc. (US), Inseego Corp. (US), Geotab Inc. (Canada), TRACK GROUP (US), and US Fleet Tracking (US).
Segmental Analysis
The global VTS Market Size is segmented on the basis of type, technology, propulsion, vehicle type, and application.
By type, the VTS Market Size is segmented into active and passive system. Of these, the active segment is likely to be the most lucrative one, due to the surging preference for real-time data reporting and monitoring, which indirectly reflects the future of mobility solutions.
By technology, the VTS Market Size is segmented into global positioning system (GPS), global navigation satellite system (GLONASS), connectivity technology, and others.
By propulsion type, the market is segmented into ICE and electric vehicle.
By vehicle type, the market is segmented into passenger car and commercial vehicle. Of these, passenger vehicles are likely to gain prominence due to the growth in fleet operators, specifically in emerging markets. The proliferation of the internet is also considered a key factor contributing to the market growth in the passenger car segment.
Regional Frontiers
Geographically, the VTS Market Size spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, the Asia Pacific is considered to be a prominent region in the global market due to the soaring adoption of luxury and premium vehicles among consumers. The VTS Market Size in the APAC is likely to flourish due to the surging demand for automobiles, especially in Japan, China, and India. Moreover, the presence of prominent manufacturers and operating units of global players, coupled with the high availability of sophisticated technologies, will propel the regional market’s growth in the coming years.
Access Full Report (at) https://www.marketresearchfuture.com/reports/vehicle-tracking-system-market-7947
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Unternehmensinformation / Kurzprofil:
Datum: 20.04.2020 - 15:11 Uhr
Sprache: Deutsch
News-ID 610903
Anzahl Zeichen: 3708
contact information:
Contact person: sagar
Town:
pune
Phone: 09876543207
Kategorie:
Automotive
Typ of Press Release: Product
type of sending: send
Date of sending: 20/04/2020
Diese Pressemitteilung wurde bisher 211 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"VTS Market Size, Key Drivers, Trends, Growth and Future Scope Analysis by 2025"
steht unter der journalistisch-redaktionellen Verantwortung von
MRFR (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
