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PUBLISHER: IMARC | PRODUCT CODE: 1722496
PUBLISHER: IMARC | PRODUCT CODE: 1722496
Vehicle Tracking System Market Report by Component, Type, Vehicle Type, Application, Industry Vertical, and Region 2025-2033
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The global vehicle tracking system market size reached USD 29.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 81.8 Billion by 2033, exhibiting a growth rate (CAGR) of 11.31% during 2025-2033. The market is witnessing a steady growth due to heightening demand for real-time monitoring systems, fleet management, and improved vehicle security. Moreover, technological advancements, including integration of IoT and GPS system, are propelling growth across key sectors like automotive, logistics, and transportation, enhancing safety as well as operational efficacy.
A vehicle tracking system (VTS) is an electronic device that uses global positioning system (GPS) technology to track and monitor the location of vehicles in real-time. The system consists of a GPS receiver which is installed in the car, a communication device, and a web-based software platform. The GPS receiver tracks the vehicle's location, speed, and direction while the communication device sends this data to the software platform. The software platform then provides real-time information on the vehicle's position, route, and speed to the user, allowing them to monitor the vehicle's movements. Fleet managers broadly use vehicle tracking systems to improve fleet efficiency, reduce fuel consumption, and enhance driver safety. Apart from this, it is also used by individuals to monitor the location of their personal vehicles for added security.
Vehicle Tracking System Market Trends:
The bolstering growth of the automotive industry and the rising need for efficient real-time monitoring solutions for accurate data collection are primarily driving the market growth. Besides this, concerns regarding safety and security among consumers due to the surge in vehicle thefts and accidents across the world are fueling the need for sophisticated security measures, such as vehicle tracking systems, to ensure the safety of vehicles and their occupants. Moreover, the widespread product adoption across ride-hailing companies, mobility-as-a-service (MaaS), and app-based transportation services to enhance the overall vehicle performance by providing real-time location data, fuel consumption, driver behavior, and maintenance status is aiding in market expansion. Additionally, the implementation of stringent regulations by several governments around the world mandating the use of VTS in commercial vehicles is acting as a significant growth-inducing factor. Furthermore, innovative technological advancements, including the integration of GPS, the Internet of Things (IoT), cloud computing, and telematics, to improve operational efficiency are presenting remunerative growth opportunities for the market. Apart from this, these technologies help users optimize routes, proactively address vehicle maintenance issues, and ensure safe and efficient vehicle operations, which, in turn, is creating a favorable outlook for the market.
Key Market Segmentation:
Component Insights:
- Hardware
- OBD Device/Tracker
- Standalone Tracker
- Software
- Vehicle Diagnostics
- Performance Measurement
- Fleet Analytics and Reporting
- Others
Type Insights:
- Active
- Passive
Vehicle Type Insights:
- Commercial Vehicles
- Passenger Vehicles
Application Insights:
- Mobile Tracking
- Cellular Tracking
- Satellite Tracking
Industry Vertical Insights:
- Transportation and Logistics
- Construction and Manufacturing
- Aviation
- Retail
- Government
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for vehicle tracking system. Some of the factors driving the North America vehicle tracking system market included the escalating concerns regarding vehicle safety and security, the increasing number of ride-hailing companies and MaaS in the region, and ongoing product advancements.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global vehicle tracking system market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include AT&T Inc., Cartrack, Continental AG, Geotab Inc., Inseego Corp., Orbcomm, Robert Bosch GmbH, Spireon Inc., Teletrac Navman (Vontier Corporation), TomTom N.V. and Verizon Communications Inc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1.What was the size of the global vehicle tracking system market in 2024?
- 2.What is the expected growth rate of the global vehicle tracking system market during 2025-2033?
- 3.What has been the impact of COVID-19 on the global vehicle tracking system market?
- 4.What are the key factors driving the global vehicle tracking system market?
- 5.What is the breakup of the global vehicle tracking system market based on the component?
- 6.What is the breakup of the global vehicle tracking system market based on the type?
- 7.What is the breakup of the global vehicle tracking system market based on the vehicle type?
- 8.What is the breakup of the global vehicle tracking system market based on the application?
- 9.What is the breakup of the global vehicle tracking system market based on the industry vertical?
- 10.What are the key regions in the global vehicle tracking system market?
- 11.Who are the key players/companies in the global vehicle tracking system market?
- 8. What is the breakup of the global vehicle tracking system market based on the application?
- 9. What is the breakup of the global vehicle tracking system market based on the industry vertical?
- 10. What are the key regions in the global vehicle tracking system market?
- 11. Who are the key players/companies in the global vehicle tracking system market?"
Product Code: SR112025A5398
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Vehicle Tracking System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 OBD Device/Tracker
- 6.1.2.2 Standalone Tracker
- 6.1.3 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Vehicle Diagnostics
- 6.2.2.2 Performance Measurement
- 6.2.2.3 Fleet Analytics and Reporting
- 6.2.2.4 Others
- 6.2.3 Market Forecast
7 Market Breakup by Type
- 7.1 Active
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Passive
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Commercial Vehicles
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Passenger Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Mobile Tracking
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Cellular Tracking
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Satellite Tracking
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Industry Vertical
- 10.1 Transportation and Logistics
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Construction and Manufacturing
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Aviation
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Retail
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Government
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Others
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 AT&T Inc.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Cartrack
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Continental AG
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Geotab Inc.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Inseego Corp.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.6 Orbcomm
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 SWOT Analysis
- 16.3.7 Robert Bosch GmbH
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 SWOT Analysis
- 16.3.8 Spireon Inc.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Teletrac Navman (Vontier Corporation)
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 TomTom N.V.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 Verizon Communications Inc.
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.11.4 SWOT Analysis
- 16.3.1 AT&T Inc.
Product Code: SR112025A5398
List of Figures
- Figure 1: Global: Vehicle Tracking System Market: Major Drivers and Challenges
- Figure 2: Global: Vehicle Tracking System Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Vehicle Tracking System Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Vehicle Tracking System Market: Breakup by Component (in %), 2024
- Figure 5: Global: Vehicle Tracking System Market: Breakup by Type (in %), 2024
- Figure 6: Global: Vehicle Tracking System Market: Breakup by Vehicle Type (in %), 2024
- Figure 7: Global: Vehicle Tracking System Market: Breakup by Application (in %), 2024
- Figure 8: Global: Vehicle Tracking System Market: Breakup by Industry Vertical (in %), 2024
- Figure 9: Global: Vehicle Tracking System Market: Breakup by Region (in %), 2024
- Figure 10: Global: Vehicle Tracking System (Hardware) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Vehicle Tracking System (Hardware) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Vehicle Tracking System (Software) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Vehicle Tracking System (Software) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Vehicle Tracking System (Active) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Vehicle Tracking System (Active) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Vehicle Tracking System (Passive) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Vehicle Tracking System (Passive) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Vehicle Tracking System (Commercial Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Vehicle Tracking System (Commercial Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Vehicle Tracking System (Passenger Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Vehicle Tracking System (Passenger Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Vehicle Tracking System (Mobile Tracking) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Vehicle Tracking System (Mobile Tracking) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Vehicle Tracking System (Cellular Tracking) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Vehicle Tracking System (Cellular Tracking) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Vehicle Tracking System (Satellite Tracking) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Vehicle Tracking System (Satellite Tracking) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Vehicle Tracking System (Transportation and Logistics) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Vehicle Tracking System (Transportation and Logistics) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Vehicle Tracking System (Construction and Manufacturing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Vehicle Tracking System (Construction and Manufacturing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Global: Vehicle Tracking System (Aviation) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Global: Vehicle Tracking System (Aviation) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Global: Vehicle Tracking System (Retail) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Global: Vehicle Tracking System (Retail) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Global: Vehicle Tracking System (Government) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Global: Vehicle Tracking System (Government) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Global: Vehicle Tracking System (Other Industry Verticals) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: Global: Vehicle Tracking System (Other Industry Verticals) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: North America: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: North America: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: United States: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: United States: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Canada: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Canada: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Asia-Pacific: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Asia-Pacific: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: China: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: China: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Japan: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Japan: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: India: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: India: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: South Korea: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: South Korea: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Australia: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Australia: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Indonesia: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Indonesia: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Others: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Others: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Europe: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Europe: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Germany: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Germany: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: France: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: France: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: United Kingdom: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: United Kingdom: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Italy: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Italy: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Spain: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Spain: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Russia: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Russia: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 76: Others: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 77: Others: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 78: Latin America: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 79: Latin America: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 80: Brazil: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 81: Brazil: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 82: Mexico: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 83: Mexico: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 84: Others: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 85: Others: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 86: Middle East and Africa: Vehicle Tracking System Market: Sales Value (in Million USD), 2019 & 2024
- Figure 87: Middle East and Africa: Vehicle Tracking System Market: Breakup by Country (in %), 2024
- Figure 88: Middle East and Africa: Vehicle Tracking System Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 89: Global: Vehicle Tracking System Industry: SWOT Analysis
- Figure 90: Global: Vehicle Tracking System Industry: Value Chain Analysis
- Figure 91: Global: Vehicle Tracking System Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Vehicle Tracking System Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Vehicle Tracking System Market Forecast: Breakup by Component (in Million USD), 2025-2033
- Table 3: Global: Vehicle Tracking System Market Forecast: Breakup by Type (in Million USD), 2025-2033
- Table 4: Global: Vehicle Tracking System Market Forecast: Breakup by Vehicle Type (in Million USD), 2025-2033
- Table 5: Global: Vehicle Tracking System Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 6: Global: Vehicle Tracking System Market Forecast: Breakup by Industry Vertical (in Million USD), 2025-2033
- Table 7: Global: Vehicle Tracking System Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 8: Global: Vehicle Tracking System Market: Competitive Structure
- Table 9: Global: Vehicle Tracking System Market: Key Players
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