Vehicle Tracking System Market 2020-2026 by Offering, System Type, Technology, Application, Vehicle Type, Vehicle Propulsion, Industry Vertical, and Region: Trend Outlook and Growth Opportunity
- Report ID: 3566
- Date: Sep, 2021
- Pages: 162
- Category: Automotive & Transportation
Global vehicle tracking system market is expected to reach $18.89 billion by 2026, representing a 2020-2026 CAGR of 18.5%.
Highlighted with 82 tables and 84 figures, this 162-page report “Global Vehicle Tracking System Market 2020-2026 by Offering, System Type, Technology, Application, Vehicle Type, Vehicle Propulsion, Industry Vertical, and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global vehicle tracking system market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2026. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global vehicle tracking system market in every aspect of the classification from perspectives of Offering, System Type, Technology, Application, Vehicle Type, Vehicle Propulsion, Industry Vertical, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
Products
• Wired Trackers
• Wireless Trackers
• OnBoard Diagnostics Device & Advance Trackers
• Standalone Trackers
• Other Products
Services
• Integration & Deployment Services
• Managed Services
• Professional Services
Based on System Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• Active Systems
• Passive Systems
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• Connectivity Technology
• Global Positioning System (GPS)
• Global Navigation Satellite System (GLONASS)
• Other Technologies
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• Satellite Tracking
• Mobile Tracking
• Cellular Tracking
• Other Applications
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• Passenger Vehicles
• Commercial Vehicles
Based on Vehicle Propulsion, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• ICE Vehicles
• Electric Vehicles
Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.
• Construction
• Government
• Transportation and Logistics
• Retail
• Aviation
• Energy and Utility
• Other Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Russia, Rest of Europe; Rest of Europe is further segmented into The Netherlands, Denmark, Austria, Norway, Sweden, Italy, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S. and Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• RoW (Saudi Arabia, UAE, South Africa)
For each of the aforementioned regions and countries, market analysis and revenue data are available for 2019-2026. The breakdown of all regional markets by country and split of major national markets by Technology, Application, and Industry Vertical over the study years (2019-2026) are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global vehicle tracking system market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
AT&T Inc.
Cartrack Holdings Limited
Cisco Systems
Continental AG
Garmin
Geotab Inc.
IBM
Inseego Corp.
Nissan
Robert Bosch GmbH
Spireon, Inc.
Teletrac Navman US Ltd.
TomTom, Inc.
Verizon Communications Inc.
(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 30
3 Segmentation of Global Market by Offering 34
3.1 Market Overview by Offering 34
3.2 Products 36
3.3 Services 37
4 Segmentation of Global Market by System Type 38
4.1 Market Overview by System Type 38
4.2 Active Systems 40
4.3 Passive Systems 41
5 Segmentation of Global Market by Technology 42
5.1 Market Overview by Technology 42
5.2 Connectivity Technology 44
5.3 Global Positioning System (GPS) 45
5.4 Global Navigation Satellite System (GLONASS) 46
5.5 Other Technologies 47
6 Segmentation of Global Market by Application 48
6.1 Market Overview by Application 48
6.2 Satellite Tracking 50
6.3 Mobile Tracking 51
6.4 Cellular Tracking 52
6.5 Other Applications 53
7 Segmentation of Global Market by Vehicle Type 54
7.1 Market Overview by Vehicle Type 54
7.2 Passenger Vehicles 56
7.3 Commercial Vehicles 57
8 Segmentation of Global Market by Vehicle Propulsion 58
8.1 Market Overview by Vehicle Propulsion 58
8.2 ICE Vehicles 60
8.3 Electric Vehicles 61
9 Segmentation of Global Market by Industry Vertical 62
9.1 Market Overview by Industry Vertical 62
9.2 Construction 64
9.3 Government 65
9.4 Transportation and Logistics 66
9.5 Retail 67
9.6 Aviation 68
9.7 Energy and Utility 69
9.8 Other Verticals 70
10 Segmentation of Global Market by Region 71
10.1 Geographic Market Overview 2019-2026 71
10.2 North America Market 2019-2026 by Country 75
10.2.1 Overview of North America Market 75
10.2.2 U.S. Market 78
10.2.3 Canadian Market 82
10.3 European Market 2019-2026 by Country 84
10.3.1 Overview of European Market 84
10.3.2 Germany 87
10.3.3 UK 89
10.3.4 France 91
10.3.5 Spain 93
10.3.6 Russia 95
10.3.7 Rest of European Market 97
10.4 Asia-Pacific Market 2019-2026 by Country 99
10.4.1 Overview of Asia-Pacific Market 99
10.4.2 Japan 102
10.4.3 China 105
10.4.4 Australia 107
10.4.5 India 109
10.4.6 South Korea 111
10.4.7 Rest of APAC Region 113
10.5 Latin America Market 2019-2026 by Country 115
10.5.1 Argentina 118
10.5.2 Brazil 120
10.5.3 Mexico 122
10.5.4 Rest of Latin America Market 124
10.6 Rest of World Market 2019-2026 by Country 125
10.6.1 UAE 128
10.6.2 Saudi Arabia 130
10.6.3 South Africa 132
10.6.4 Other National Markets 134
11 Competitive Landscape 135
11.1 Overview of Key Vendors 135
11.2 New Product Launch, Partnership, Investment, and M&A 139
11.3 Company Profiles 141
AT&T Inc. 141
Cartrack Holdings Limited 143
Cisco Systems 144
Continental AG 145
Garmin 146
Geotab Inc. 147
IBM 148
Inseego Corp. 149
Nissan 150
Robert Bosch GmbH 151
Spireon, Inc. 152
Teletrac Navman US Ltd. 153
TomTom, Inc. 154
Verizon Communications Inc. 155
12 Investing in Global Market: Risk Assessment and Management 156
12.1 Risk Evaluation of Global Market 156
12.2 Critical Success Factors (CSFs) 159
Related Reports and Products 162
List of Tables
Table 1. Snapshot of Global Vehicle Tracking System Market, 2019-2026 18Table 2. Main Product Trends and Market Opportunities in Global Vehicle Tracking System Market 27
Table 3. Global Vehicle Tracking System Market by Offering, 2019-2026, $ mn 34
Table 4. Global Vehicle Tracking System Market: Products by Type, 2019-2026, $ mn 36
Table 5. Global Vehicle Tracking System Market: Services by Type, 2019-2026, $ mn 37
Table 6. Global Vehicle Tracking System Market by System Type, 2019-2026, $ mn 38
Table 7. Global Vehicle Tracking System Market by Technology, 2019-2026, $ mn 42
Table 8. Global Vehicle Tracking System Market by Application, 2019-2026, $ mn 48
Table 9. Global Vehicle Tracking System Market by Vehicle Type, 2019-2026, $ mn 54
Table 10. Global Vehicle Tracking System Market by Vehicle Propulsion, 2019-2026, $ mn 58
Table 11. Global Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 62
Table 12. Global Vehicle Tracking System Market by Region, 2019-2026, $ mn 72
Table 13. Leading National Vehicle Tracking System Market, 2019 and 2026, $ mn 74
Table 14. North America Vehicle Tracking System Market by Country, 2019-2026, $ mn 77
Table 15. U.S. Vehicle Tracking System Market by Technology, 2019-2026, $ mn 80
Table 16. U.S. Vehicle Tracking System Market by Application, 2019-2026, $ mn 80
Table 17. U.S. Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 80
Table 18. Canada Vehicle Tracking System Market by Technology, 2019-2026, $ mn 83
Table 19. Canada Vehicle Tracking System Market by Application, 2019-2026, $ mn 83
Table 20. Canada Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 83
Table 21. Europe Vehicle Tracking System Market by Country, 2019-2026, $ mn 86
Table 22. Germany Vehicle Tracking System Market by Technology, 2019-2026, $ mn 88
Table 23. Germany Vehicle Tracking System Market by Application, 2019-2026, $ mn 88
Table 24. Germany Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 88
Table 25. UK Vehicle Tracking System Market by Technology, 2019-2026, $ mn 90
Table 26. UK Vehicle Tracking System Market by Application, 2019-2026, $ mn 90
Table 27. UK Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 90
Table 28. France Vehicle Tracking System Market by Technology, 2019-2026, $ mn 92
Table 29. France Vehicle Tracking System Market by Application, 2019-2026, $ mn 92
Table 30. France Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 92
Table 31. Spain Vehicle Tracking System Market by Technology, 2019-2026, $ mn 94
Table 32. Spain Vehicle Tracking System Market by Application, 2019-2026, $ mn 94
Table 33. Spain Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 94
Table 34. Russia Vehicle Tracking System Market by Technology, 2019-2026, $ mn 96
Table 35. Russia Vehicle Tracking System Market by Application, 2019-2026, $ mn 96
Table 36. Russia Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 96
Table 37. Vehicle Tracking System Market in Rest of Europe by Country, 2019-2026, $ mn 98
Table 38. APAC Vehicle Tracking System Market by Country, 2019-2026, $ mn 101
Table 39. Japan Vehicle Tracking System Market by Technology, 2019-2026, $ mn 104
Table 40. Japan Vehicle Tracking System Market by Application, 2019-2026, $ mn 104
Table 41. Japan Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 104
Table 42. China Vehicle Tracking System Market by Technology, 2019-2026, $ mn 106
Table 43. China Vehicle Tracking System Market by Application, 2019-2026, $ mn 106
Table 44. China Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 106
Table 45. Australia Vehicle Tracking System Market by Technology, 2019-2026, $ mn 108
Table 46. Australia Vehicle Tracking System Market by Application, 2019-2026, $ mn 108
Table 47. Australia Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 108
Table 48. India Vehicle Tracking System Market by Technology, 2019-2026, $ mn 110
Table 49. India Vehicle Tracking System Market by Application, 2019-2026, $ mn 110
Table 50. India Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 110
Table 51. South Korea Vehicle Tracking System Market by Technology, 2019-2026, $ mn 112
Table 52. South Korea Vehicle Tracking System Market by Application, 2019-2026, $ mn 112
Table 53. South Korea Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 112
Table 54. Vehicle Tracking System Market in Rest of APAC by Country, 2019-2026, $ mn 114
Table 55. Latin America Vehicle Tracking System Market by Country, 2019-2026, $ mn 117
Table 56. Argentina Vehicle Tracking System Market by Technology, 2019-2026, $ mn 119
Table 57. Argentina Vehicle Tracking System Market by Application, 2019-2026, $ mn 119
Table 58. Argentina Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 119
Table 59. Brazil Vehicle Tracking System Market by Technology, 2019-2026, $ mn 121
Table 60. Brazil Vehicle Tracking System Market by Application, 2019-2026, $ mn 121
Table 61. Brazil Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 121
Table 62. Mexico Vehicle Tracking System Market by Technology, 2019-2026, $ mn 123
Table 63. Mexico Vehicle Tracking System Market by Application, 2019-2026, $ mn 123
Table 64. Mexico Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 123
Table 65. RoW Vehicle Tracking System Market by Country, 2019-2026, $ mn 127
Table 66. UAE Vehicle Tracking System Market by Technology, 2019-2026, $ mn 129
Table 67. UAE Vehicle Tracking System Market by Application, 2019-2026, $ mn 129
Table 68. UAE Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 129
Table 69. Saudi Arabia Vehicle Tracking System Market by Technology, 2019-2026, $ mn 131
Table 70. Saudi Arabia Vehicle Tracking System Market by Application, 2019-2026, $ mn 131
Table 71. Saudi Arabia Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 131
Table 72. South Africa Vehicle Tracking System Market by Technology, 2019-2026, $ mn 133
Table 73. South Africa Vehicle Tracking System Market by Application, 2019-2026, $ mn 133
Table 74. South Africa Vehicle Tracking System Market by Industry Vertical, 2019-2026, $ mn 133
Table 75. Breakdown of Global Market by Key Vendor, 2019, % 137
Table 76. AT&T Inc.: Company Snapshot 141
Table 77. AT&T Inc.: Business Segmentation 141
Table 78. AT&T Inc.: Product Portfolio 142
Table 79. AT&T Inc.: Revenue, 2016-2018, $ mn 142
Table 80. AT&T Inc.: Recent Developments 142
Table 81. Risk Evaluation for Investing in Global Market, 2019-2026 157
Table 82. Critical Success Factors and Key Takeaways 160
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 17
Figure 4. Global Vehicle Tracking System Market, 2019-2026, $ mn 20
Figure 5. Primary Drivers and Impact Factors of Global Vehicle Tracking System Market 21
Figure 6. Primary Restraints and Impact Factors of Global Vehicle Tracking System Market 24
Figure 7. Porter’s Fiver Forces Analysis of Global Vehicle Tracking System Market 30
Figure 8. Breakdown of Global Vehicle Tracking System Market by Offering, 2019-2026, % of Revenue 34
Figure 9. Contribution to Global 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 35
Figure 10. Global Vehicle Tracking System Market: Products, 2019-2026, $ mn 36
Figure 11. Global Vehicle Tracking System Market: Services, 2019-2026, $ mn 37
Figure 12. Breakdown of Global Vehicle Tracking System Market by System Type, 2019-2026, % of Revenue 38
Figure 13. Contribution to Global 2020-2026 Cumulative Revenue by System Type, Value ($ mn) and Share (%) 39
Figure 14. Global Vehicle Tracking System Market: Active Systems, 2019-2026, $ mn 40
Figure 15. Global Vehicle Tracking System Market: Passive Systems, 2019-2026, $ mn 41
Figure 16. Breakdown of Global Vehicle Tracking System Market by Technology, 2019-2026, % of Revenue 42
Figure 17. Contribution to Global 2020-2026 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 43
Figure 18. Global Vehicle Tracking System Market: Connectivity Technology, 2019-2026, $ mn 44
Figure 19. Global Vehicle Tracking System Market: Global Positioning System (GPS), 2019-2026, $ mn 45
Figure 20. Global Vehicle Tracking System Market: Global Navigation Satellite System (GLONASS), 2019-2026, $ mn 46
Figure 21. Global Vehicle Tracking System Market: Other Technologies, 2019-2026, $ mn 47
Figure 22. Breakdown of Global Vehicle Tracking System Market by Application, 2019-2026, % of Revenue 48
Figure 23. Contribution to Global 2020-2026 Cumulative Revenue by Application, Value ($ mn) and Share (%) 49
Figure 24. Global Vehicle Tracking System Market: Satellite Tracking, 2019-2026, $ mn 50
Figure 25. Global Vehicle Tracking System Market: Mobile Tracking, 2019-2026, $ mn 51
Figure 26. Global Vehicle Tracking System Market: Cellular Tracking, 2019-2026, $ mn 52
Figure 27. Global Vehicle Tracking System Market: Other Applications, 2019-2026, $ mn 53
Figure 28. Breakdown of Global Vehicle Tracking System Market by Vehicle Type, 2019-2026, % of Revenue 54
Figure 29. Contribution to Global 2020-2026 Cumulative Revenue by Vehicle Type, Value ($ mn) and Share (%) 55
Figure 30. Global Vehicle Tracking System Market: Passenger Vehicles, 2019-2026, $ mn 56
Figure 31. Global Vehicle Tracking System Market: Commercial Vehicles, 2019-2026, $ mn 57
Figure 32. Breakdown of Global Vehicle Tracking System Market by Vehicle Propulsion, 2019-2026, % of Revenue 58
Figure 33. Contribution to Global 2020-2026 Cumulative Revenue by Vehicle Propulsion, Value ($ mn) and Share (%) 59
Figure 34. Global Vehicle Tracking System Market: ICE Vehicles, 2019-2026, $ mn 60
Figure 35. Global Vehicle Tracking System Market: Electric Vehicles, 2019-2026, $ mn 61
Figure 36. Breakdown of Global Vehicle Tracking System Market by Industry Vertical, 2019-2026, % of Revenue 62
Figure 37. Contribution to Global 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 63
Figure 38. Global Vehicle Tracking System Market: Construction, 2019-2026, $ mn 64
Figure 39. Global Vehicle Tracking System Market: Government, 2019-2026, $ mn 65
Figure 40. Global Vehicle Tracking System Market: Transportation and Logistics, 2019-2026, $ mn 66
Figure 41. Global Vehicle Tracking System Market: Retail, 2019-2026, $ mn 67
Figure 42. Global Vehicle Tracking System Market: Aviation, 2019-2026, $ mn 68
Figure 43. Global Vehicle Tracking System Market: Energy and Utility, 2019-2026, $ mn 69
Figure 44. Global Vehicle Tracking System Market: Other Verticals, 2019-2026, $ mn 70
Figure 45. Global Market Snapshot by Region 71
Figure 46. Geographic Spread of Worldwide Vehicle Tracking System Market, 2019-2026, % of Revenue 72
Figure 47. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%) 73
Figure 48. North American Vehicle Tracking System Market, 2019-2026, $ mn 76
Figure 49. Breakdown of North America Vehicle Tracking System Market by Country, 2019 and 2026, % of Revenue 76
Figure 50. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 77
Figure 51. U.S. Vehicle Tracking System Market, 2019-2026, $ mn 79
Figure 52. Canada Vehicle Tracking System Market, 2019-2026, $ mn 82
Figure 53. European Vehicle Tracking System Market, 2019-2026, $ mn 85
Figure 54. Breakdown of European Vehicle Tracking System Market by Country, 2019 and 2026, % of Revenue 85
Figure 55. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 86
Figure 56. Vehicle Tracking System Market in Germany, 2019-2026, $ mn 87
Figure 57. Vehicle Tracking System Market in UK, 2019-2026, $ mn 89
Figure 58. Vehicle Tracking System Market in France, 2019-2026, $ mn 91
Figure 59. Vehicle Tracking System Market in Spain, 2019-2026, $ mn 93
Figure 60. Vehicle Tracking System Market in Russia, 2019-2026, $ mn 95
Figure 61. Vehicle Tracking System Market in Rest of Europe, 2019-2026, $ mn 97
Figure 62. Asia-Pacific Vehicle Tracking System Market, 2019-2026, $ mn 100
Figure 63. Breakdown of APAC Vehicle Tracking System Market by Country, 2019 and 2026, % of Revenue 100
Figure 64. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 101
Figure 65. Vehicle Tracking System Market in Japan, 2019-2026, $ mn 103
Figure 66. Vehicle Tracking System Market in China, 2019-2026, $ mn 105
Figure 67. Vehicle Tracking System Market in Australia, 2019-2026, $ mn 107
Figure 68. Vehicle Tracking System Market in India, 2019-2026, $ mn 109
Figure 69. Vehicle Tracking System Market in South Korea, 2019-2026, $ mn 111
Figure 70. Vehicle Tracking System Market in Rest of APAC, 2019-2026, $ mn 113
Figure 71. Latin America Vehicle Tracking System Market, 2019-2026, $ mn 116
Figure 72. Breakdown of Latin America Vehicle Tracking System Market by Country, 2019 and 2026, % of Revenue 116
Figure 73. Contribution to Latin America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 117
Figure 74. Vehicle Tracking System Market in Argentina, 2019-2026, $ mn 118
Figure 75. Vehicle Tracking System Market in Brazil, 2019-2026, $ mn 120
Figure 76. Vehicle Tracking System Market in Mexico, 2019-2026, $ mn 122
Figure 77. Vehicle Tracking System Market in Rest of Latin America, 2019-2026, $ mn 124
Figure 78. Vehicle Tracking System Market in Rest of the World (RoW), 2019-2026, $ mn 126
Figure 79. Breakdown of RoW Vehicle Tracking System Market by Country, 2019 and 2026, % of Revenue 126
Figure 80. Contribution to RoW 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 127
Figure 81. Vehicle Tracking System Market in UAE, 2019-2026, $ mn 128
Figure 82. Vehicle Tracking System Market in Saudi Arabia, 2019-2026, $ mn 130
Figure 83. Vehicle Tracking System Market in South Africa, 2019-2026, $ mn 132
Figure 84. Growth Stage of Global Vehicle Tracking System Industry over the Forecast Period 135
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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