Mobile Tracking Solution Market Size

Mobile Tracking Solution Market size was over USD 141.04 billion in 2024 and is projected to reach USD 1.77 trillion by 2037, witnessing around 21.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of mobile tracking solution is assessed at USD 166.82 billion.

The mobile tracking solution market have various applications in this everyday growing digital world. These solutions have wide application in industries such as healthcare, for tracing medical equipment and supplies, along with other industries, such as logistics and shipping, for container tracking, and in particular, the defense industry, for careful and 24x7 tracking of components. Mobile tracking solutions play an important part in ensuring national security. The need of mobile tracking solution for contact tracing the COVID-19 victims and subsequently monitoring everyone those who are affected, is anticipated to drive the global mobile tracking solution market. The market is further anticipated to grow on the backhand of growth in the industries of FMCG, retail, e-commerce and others. in emerging economies.