GPS Tracking Device Market Application, Distribution Channel, and Region , Types

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Increasing demand for IoT and cloud technology is a key factor driving GPS tracking device market revenue growth

The GPS Tracking Device Market report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

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.

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The prominent players profiled in the report are:

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

Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global GPS Tracking Device market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa.

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Emergen Research has segmented the global GPS tracking device market on the basis of technology type, deployment type, end-use, and region:

  • 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

The report covers the analysis of the factors anticipated to drive the Global GPS Tracking Device Market growth over the forecast period of 2020-2027. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2019 as the base year and 2017-2018 as the historical years. It puts examines drivers and restraints of the GPS Tracking Device market and analyzes their impact on the industry throughout the forecast period.

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