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GPS Tracking Device Market 2018 Global Industry Growth, Size & Forecast to 2025


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Title: GPS Tracking Device Market 2018 Global Industry Growth, Size & Forecast to 2025

GPS Tracking Device Market
  • Size 2017 By Type (OBD Device, Advance Tracker,
    and Standalone Tracker), By Application
    (Transportation Logistics, Metals Mining, and
    Construction), By Region and Forecast 2018 to

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Global GPS Tracking Device Market Size and
Share-Global Forecast to 2025
  • The study covers the global GPS tracking industry
    statistics, in terms of revenue, for a period
    ranging between 2015 and 2025. The report also
    includes the global GPS tracking device market
    analysis also includes Porters Five Forces
    analysis, key trends (drivers, restraints,
    opportunities) value chain, production process
    analysis, downstream buyer analysis, and
    development factor analysis along with consumer
    behavior. The global GPS tracking device market
    by type and application has been provided as
    deep-dive on a regional and country level.
  • The global GPS tracking device market size is
    estimated to reach USD 3.49 billion by 2025
    driven by the increasing demand for the product
    as a cost-effective source of fleet management.
    Rising instances of unauthorized use of company
    vehicles coupled with the increasing need for
    fleet productivity are projected to drive the
    global GPS tracking devices market demand over
    the forecast period.
  • Engagement of vehicles in timely delivery of
    labor, materials, money or machines, where
    improvement in transit time productivity can
    make a significant difference to the cost or
    control over logistics, is a prospect for vehicle
    tracking system installed. The companies dealing
    in this market are anticipated to tap the
    underlying opportunities in this segment.
  • Read more details of the report at

Global GPS Tracking Device Market Size and
Share-Global Forecast to 2025
  • An increasing number of online app-based services
    is expected to impel online car booking services
    market. For instance, the automobile industry in
    Asia Pacific is flourishing and online booking
    services account for more than 60 of the market
    share. Furthermore, the government of China is
    implementing regulations to limit the number of
    on-road vehicles in Tier-I cities which is
    accelerating the number of rental cars booking.
    These factor together are providing an impetus
    for the growth of the global GPS tracking device
  • As the global automotive industry is showing
    rapid paradigm shift towards electric vehicles
    (EVs), GPS for electric cars is an additional
    factor projected to benefit the overall GPS
    tracking device market. For instance, GPS
    tracking for EVs will continuously monitor the
    situation of charging and will notify whether it
    is time to return home or look for a charging
  • Asia Pacific was the leader within the global GPS
    tracking device industry with a projected revenue
    size of USD 1.77 billion by 2025 on account of
    the rising sales of automobile coupled with the
    increasing installation of telematics. North
    America and Europe are also predicted to show
    significant growth over the forecast period.
  • The global GPS tracking industry is fragmented
    with the presence of numerous players spread
    across the globe. The market is also
    characterized by the presence of a notable
    unorganized sector. TomTom International,
    Teltonika, Calamp, Sierra Wireless, Orbcomm,
    Queclink Wireless Solutions, Laird, Meitrack
    Group, ATrack Technology, Concox Wireless
    Solutions, Xirgo Technologies, Trackimo, and
    Geotab are some of the active players operating
    in the global GPS tracking device market.

Global GPS Tracking Device Market Size and
Share-Global Forecast to 2025
  • Type Overview, 2015-2025 (USD Million)
  • Standalone tracker
  • OBD device
  • Advance tracker
  • Application Overview, 2015-2025 (USD Million)
  • Transportation Logistics
  • Metals mining
  • Construction
  • Regional Overview, 2015-2025 (USD Million)
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Central South America

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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