| Product Code: ETC5605830 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Estonia`s import shipments of GPS tracking devices in 2024 saw significant growth, with top exporting countries being Lithuania, Switzerland, Poland, Turkey, and Germany. Despite the high growth rate in 2023-24 at 127.6%, the industry experienced a negative compound annual growth rate (CAGR) of -3.5% from 2020 to 2024. The Herfindahl-Hirschman Index (HHI) indicated low concentration in the market in 2024, suggesting a competitive landscape with diverse sources of imports. This data reflects a dynamic market with opportunities for further expansion and innovation in the GPS tracking device industry in Estonia.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia GPS Tracking Device Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia GPS Tracking Device Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia GPS Tracking Device Market - Industry Life Cycle |
3.4 Estonia GPS Tracking Device Market - Porter's Five Forces |
3.5 Estonia GPS Tracking Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Estonia GPS Tracking Device Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Estonia GPS Tracking Device Market Revenues & Volume Share, By Industry , 2021 & 2031F |
3.8 Estonia GPS Tracking Device Market Revenues & Volume Share, By , 2021 & 2031F |
4 Estonia GPS Tracking Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fleet management solutions in Estonia |
4.2.2 Growing emphasis on road safety and security measures |
4.2.3 Technological advancements in GPS tracking devices |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing GPS tracking systems |
4.3.2 Concerns regarding data privacy and security issues |
4.3.3 Limited awareness and understanding of the benefits of GPS tracking devices among potential users |
5 Estonia GPS Tracking Device Market Trends |
6 Estonia GPS Tracking Device Market Segmentations |
6.1 Estonia GPS Tracking Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia GPS Tracking Device Market Revenues & Volume, By Standalone Trackers, 2021-2031F |
6.1.3 Estonia GPS Tracking Device Market Revenues & Volume, By OBD Devices, 2021-2031F |
6.1.4 Estonia GPS Tracking Device Market Revenues & Volume, By Advance Trackers, 2021-2031F |
6.2 Estonia GPS Tracking Device Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Estonia GPS Tracking Device Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Estonia GPS Tracking Device Market Revenues & Volume, By Cargo & Container, 2021-2031F |
6.3 Estonia GPS Tracking Device Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Estonia GPS Tracking Device Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3.3 Estonia GPS Tracking Device Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Estonia GPS Tracking Device Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Estonia GPS Tracking Device Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Estonia GPS Tracking Device Market Revenues & Volume, By Metals & Mining, 2021-2031F |
6.3.7 Estonia GPS Tracking Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Estonia GPS Tracking Device Market, By |
6.4.1 Overview and Analysis |
7 Estonia GPS Tracking Device Market Import-Export Trade Statistics |
7.1 Estonia GPS Tracking Device Market Export to Major Countries |
7.2 Estonia GPS Tracking Device Market Imports from Major Countries |
8 Estonia GPS Tracking Device Market Key Performance Indicators |
8.1 Number of new entrants in the GPS tracking device market in Estonia |
8.2 Adoption rate of GPS tracking devices in different industries such as logistics, transportation, and construction |
8.3 Customer satisfaction levels with GPS tracking device functionalities and services |
8.4 Rate of regulatory compliance with data protection laws for GPS tracking devices in Estonia. |
9 Estonia GPS Tracking Device Market - Opportunity Assessment |
9.1 Estonia GPS Tracking Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Estonia GPS Tracking Device Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Estonia GPS Tracking Device Market Opportunity Assessment, By Industry , 2021 & 2031F |
9.4 Estonia GPS Tracking Device Market Opportunity Assessment, By , 2021 & 2031F |
10 Estonia GPS Tracking Device Market - Competitive Landscape |
10.1 Estonia GPS Tracking Device Market Revenue Share, By Companies, 2024 |
10.2 Estonia GPS Tracking Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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