Stolen Vehicle Tracking Software Market to Surge $17.01 Bn by 2034

Stolen Vehicle Tracking Software Market Size, Growth Opportunities & Trends

The stolen vehicle tracking software industry is expected to grow from USD 7.92 billion in 2024 to USD 17.01 billion by 2034, driven by a CAGR of 7.94%. North America leads the stolen vehicle tracking software market due to rising car thefts in the U.S. and Canada. Asia Pacific is set for fast growth with increasing car sales and tech advancements. RFID dominates for real-time tracking, while UIP leads with custom alerts, live data, and history tracking.

Stolen Vehicle Tracking Software Market Challenges & Strategic Recommendations

The stolen vehicle tracking software market size is forecast to grow from USD 8.55 billion in 2025 to USD 17.01 billion by 2034, driven by a CAGR of 7.94% from 2025 to 2034.

Stolen Vehicle Tracking Software Market Size 2023 - 2034

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Introduction

The stolen vehicle tracking software market is a crucial branch of the automotive industry. This industry deals in development and distribution of software for tracking stolen vehicles. There are various technologies used in these tracking solutions including ultrasonic, radio frequency identification and some others. These solutions use different components including Ultrasonic Intruder Protection System (UIP) , Backup Battery Siren (BBS), Central Locking System, Automatic Collision Detection System, Automatic Driver Recognition System (ADRS), Remote Keyless Entry System  and some others.  It is available in a well-defined sales channel consisting of OEM and aftermarket. The rising cases of vehicle thefts across the world has increased the demand for tracking tools, thereby contributing to the market growth. This market is expected to rise significantly with the growth of the automotive software industry.

U.S. Vehicle Theft Cases (2019-23)

  • According to a report of FBI, around 308888 vehicle theft cases were registered in U.S. in 2019 that increased to 789444 in 2023.

Highlights of the Stolen Vehicle Tracking Software Market

  • North America held the highest share of the stolen vehicle tracking software market due to the rising cases of vehicle thefts in U.S. and Canada.
  • Asia Pacific is projected to grow at a rapid CAGR due to the growing sales of vehicles along with technological advancement in this region.
  • The RFID segment dominated the market due to its ability to offer real-time location tracking with existing automotive frameworks.
  • The user interface platform (UIP) segment led the market due to its application in customizable alerts, real-time data visualization and access to historical tracking data for enhancing vehicle security.
  • The government of several countries are strictly mandating automotive manufacturers for developing advanced solutions for tracking vehicles along with providing assistance for auto theft investigations and stolen vehicle recovery. For instance, in February 2024, the government of Canada had announced to invest US$ 15 million for combating auto-theft activities across the country.
  • Several Companies are developing cutting-edge tools for improving stolen vehicle recovery process by enhancing the security modules. For instance, in January 2024, Solera Global Corp launched LoJack LE. LoJack LE is an advanced tool that is designed for recovering stolen vehicles.
  • The automotive dealers are collaborating with software companies to enhance security in automotive dealerships. For instance, in June 2024, the Canadian Automobile Dealers Association (CADA) collaborated with Kudelski IoT. This collaboration is done for launching a vehicle tracking software named “CADA 360 Security Services.”
  • According to the U.S. Department of Transportation’s National Highway Traffic Safety Administration, more than 1 million vehicles were stolen in U.S. during 2023.

Industry Leader Announcement

In February 2023, Guillaume Pelletreau, the vice-president of Electrification and Connected Services, Nissan AMIEO region announced that,” The addition of Stolen Vehicle Tracking brings an additional level of peace of mind for our customers. They can use their cars fully and park it either at home, or in less familiar locations, confident that in the case that their Nissan is removed without their permission, they will be able to use their NissanConnect Services app to help the police identify its whereabouts and recover it.”

Competitive Landscape

Stolen Vehicle Tracking Software Market Companies

The stolen vehicle tracking software market is a competitive industry with the presence of several dominant players. Some of the important market players in this industry comprises of Robert Bosch GmbH, Lear Corporation, Valeo, Continental AG, DENSO Corporation, TOKAI RIKA, CO, LTD., OMRON Corporation and some others. These companies are continuously engaged in developing advanced software for tracking stolen vehicles and investing heavily in research and development to maintain their competitive position in this industry.

Alps Alpine Module and System Revenue in Billion Yen (2022-23)

  • According to the annual report of Alps Alpine, the revenue of module and system segment in 2022 was 933.1 billion yen that increased to 964 billion yen.

Market Segmentations

By Technology

  • Ultrasonic
  • RFID
  • Other Technologies

By Component

  • UIP
  • BBS
  • Central Locking Systems
  • ACDS
  • ADRS
  • Remote Keyless Entry System

By Vehicle

  • Passenger Car
  • LCV
  • HCV
  • Electric Vehicle

By Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Insight Code: 1527
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 13 February 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The stolen vehicle tracking software market was valued at US$ 8.55 billion in 2025.

North America dominated this industry.

The growing awareness about vehicle safety along with rising cases of vehicle theft cases has driven the industrial expansion.

Some of the prominent players of this industry consists of Robert Bosch GmbH, Lear Corporation, Valeo, Continental AG, DENSO Corporation, and some others.

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