| Product Code: ETC5605839 | 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 |
Despite the negative growth trend in the GPS tracking device market in Guyana, the top exporting countries in 2024 remain the USA, Norway (excluding Svalbard and Jan Mayen), UK, China, and Canada. The Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration. With a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -25.54% and a sharp drop in the growth rate from 2023 to 2024 at -45.58%, the market may be facing challenges that require further analysis and strategic planning for stakeholders involved in the industry.
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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 Guyana GPS Tracking Device Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana GPS Tracking Device Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana GPS Tracking Device Market - Industry Life Cycle |
3.4 Guyana GPS Tracking Device Market - Porter's Five Forces |
3.5 Guyana GPS Tracking Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana GPS Tracking Device Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Guyana GPS Tracking Device Market Revenues & Volume Share, By Industry , 2021 & 2031F |
3.8 Guyana GPS Tracking Device Market Revenues & Volume Share, By , 2021 & 2031F |
4 Guyana GPS Tracking Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concerns regarding vehicle theft and safety in Guyana |
4.2.2 Growth in the transportation and logistics sector in the region |
4.2.3 Government regulations mandating the installation of GPS tracking devices in certain vehicles |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing GPS tracking devices |
4.3.2 Limited awareness and understanding of the benefits of GPS tracking devices among consumers in Guyana |
4.3.3 Potential concerns over data privacy and security issues |
5 Guyana GPS Tracking Device Market Trends |
6 Guyana GPS Tracking Device Market Segmentations |
6.1 Guyana GPS Tracking Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana GPS Tracking Device Market Revenues & Volume, By Standalone Trackers, 2021-2031F |
6.1.3 Guyana GPS Tracking Device Market Revenues & Volume, By OBD Devices, 2021-2031F |
6.1.4 Guyana GPS Tracking Device Market Revenues & Volume, By Advance Trackers, 2021-2031F |
6.2 Guyana GPS Tracking Device Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana GPS Tracking Device Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Guyana GPS Tracking Device Market Revenues & Volume, By Cargo & Container, 2021-2031F |
6.3 Guyana GPS Tracking Device Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Guyana GPS Tracking Device Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3.3 Guyana GPS Tracking Device Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Guyana GPS Tracking Device Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Guyana GPS Tracking Device Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Guyana GPS Tracking Device Market Revenues & Volume, By Metals & Mining, 2021-2031F |
6.3.7 Guyana GPS Tracking Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guyana GPS Tracking Device Market, By |
6.4.1 Overview and Analysis |
7 Guyana GPS Tracking Device Market Import-Export Trade Statistics |
7.1 Guyana GPS Tracking Device Market Export to Major Countries |
7.2 Guyana GPS Tracking Device Market Imports from Major Countries |
8 Guyana GPS Tracking Device Market Key Performance Indicators |
8.1 Number of new vehicle registrations in Guyana |
8.2 Adoption rate of GPS tracking devices in commercial fleets |
8.3 Number of reported vehicle theft cases in the region |
8.4 Average response time to incidents with the help of GPS tracking devices |
8.5 Customer satisfaction levels with GPS tracking device services |
9 Guyana GPS Tracking Device Market - Opportunity Assessment |
9.1 Guyana GPS Tracking Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana GPS Tracking Device Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Guyana GPS Tracking Device Market Opportunity Assessment, By Industry , 2021 & 2031F |
9.4 Guyana GPS Tracking Device Market Opportunity Assessment, By , 2021 & 2031F |
10 Guyana GPS Tracking Device Market - Competitive Landscape |
10.1 Guyana GPS Tracking Device Market Revenue Share, By Companies, 2024 |
10.2 Guyana GPS Tracking Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |