April 2025
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.
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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.
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.”
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.
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April 2025
April 2025
April 2025
April 2025
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