GPS Tracking Device Market Revenue, Product Launches, Regional Share Analysis & Forecast

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    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 study on the Global GPS Tracking Device Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The GPS Tracking Device market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the GPS Tracking Device industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall GPS Tracking Device industry.

    Click the link to get a Free Sample Copy of the Report: @https://www.emergenresearch.com/request-sample/1159

    Competitive Outlook: The leading companies operating in the GPS Tracking Device market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

    Top Companies Operating in the GPS Tracking Device Market and Profiled in the Report are:

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

    Objectives of the Report:

    Study of the global GPS Tracking Device market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

    Industrial structure analysis of the GPS Tracking Device market by identification of various sub-segments

    Extensive analysis of key market players along with their SWOT analysis

    Competitive landscape benchmarking

    Analysis of GPS Tracking Device market based on growth trends, futuristic outlook, and contribution to the total growth of the market

    Analysis of drivers, constraints, opportunities, challenges, and risks in the global GPS Tracking Device market

    Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

    Enquire for customization in Report @:https://www.emergenresearch.com/request-for-customization/1159

    Segments Covered in this report are:

     

    • 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

    Regional Analysis:

    North America (U.S., Canada)

    Europe (U.K., Italy, Germany, France, Rest of EU)

    Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

    Latin America (Chile, Brazil, Argentina, Rest of Latin America)

    Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

    Browse Detailed Research report @https://www.emergenresearch.com/industry-report/gps-tracking-device-market

    Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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    About Emergen Research

    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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