The global GPS or global positioning system tracking device market size reached USD 2.15 Billion in 2021 and is expected to register a revenue CAGR of 12.3% during the forecast period, according to a latest analysis by Emergen Research. GPS tracking market revenue growth is driven by factors such as increasing demand for the Internet of Things (IoT) and cloud technology, increasing commercial vehicle sales, growing usage of digital maps, and advancements and upgrades of software used in GPS tracking devices. GPS technology has become an integral component of modern life, and GPS tracking is the core of every car monitoring system. The system consists of a network of satellites circling the Earth and gadgets that can determine the position of an object or a person. Today, GPS has a variety of applications, ranging from global military exercises to navigational directions for vehicles.

The Global GPS Tracking Device Market research study published by Reports and Data is an extensive collection of insightful information about the GPS Tracking Device industry. The report covers the GPS Tracking Device Market segmentation along with a detailed outline of the GPS Tracking Device market size with regards to volume and valuation. The report provides comprehensive coverage of the GPS Tracking Device market scenario for the current period and forecast timeline of 2020-2027. The GPS Tracking Device market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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 The leading market contenders listed in the report are:

CalAmp, ORBCOMM, Sierra Wireless, ATrack Technology Inc., Geotab Inc., Concox, Trackimo, Meitrack Group, RUPTELA, and Geoforce, Inc

Key reasons to buy the Global GPS Tracking Device Market report:

The latest report comprehensively studies the global GPS Tracking Device market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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 Market Segmentations of the GPS Tracking Device Market

Technology Type Outlook (Revenue, USD Billion; 2019-2030)
Standalone Tracker
OBD Device
Advance Tracker
Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
Commercial Vehicles  
Cargo & Containers
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Automotive
Aerospace & Defense
Healthcare
Transportation & Logistics
Others
 

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 Regional Outlook of the GPS Tracking Device Market

The global GPS Tracking Device market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global GPS Tracking Device market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global GPS Tracking Device Market report:

The latest report comprehensively studies the global GPS Tracking Device market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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