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Global GPS Tracking Device Market Forecasts 2018-2024: Advancement in the Software is a Major Driver – Key Players are Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd

Global GPS Tracking Device Market

GPS Tracking Device Market report gives strength to organization and helps to make better decisions for steering the business on the right track. This research study helps the customer understand the various drivers and restraints impacting the market during the forecast period. To succeed in this competitive market place, businesses must look for a better solution to refine their business strategies. The data collected for generating this report is checked and validated by the market experts for the readers and end users. This report offers broader perspective of the market place with its comprehensive market insights and analysis.

Competitive analysis has been carried out in the GPS Tracking Device Market report for the major players in the market, which supports businesses take better moves for enhancing their product and sales. Explicit and state-of-the-art information have been presented in this GPS Tracking Device Market report which helps industry to be knowledgeable about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already present in the market. Thus, the transparent, consistent and extensive market information of the GPS Tracking Device Market report will definitely develop the business and perks up return on investment (ROI).

Global GPS Tracking Device Market By Type (Standalone Tracker, PBD Device, Advance Tracker) By Deployment type (Commercial Vehicle, Cargo and Container, Others), By Application (Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025

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A GPS tracking unit is a device, normally carried by a moving vehicle or person, that uses the Global Positioning System to determine and track its precise location, and hence that of its carrier, at intervals. The latest trend in this market is growth in commercial vehicle leading to the growth of GPS system, they are in small in size, easy to carry, which may further develop the market in future. There is need of GPS tracking devices for several applications like Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government; others will create a huge market for the GPS tracking devices.

Competitive Analysis: 

GPS Tracking Device Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global GPS Tracking Device Market

Some of the major players operating in GPS tracking device market areCalamp Corporation, Sierra Wireless, Inc., Orbocomm Inc.,Queclink Wireless Solutions Co., Ltd, Shenzhen Concox Information Technology Co., Ltd, Laird PLC., Tomtom International Bv,MeitrackGroup,Teltonika UAB,Atrack Technology Inc.,Trackimo LLC,Geotab Inc., Shenzhen Coban Electronics Co., Ltd,Xirgo Technologies, Inc., Maestro Wireless Solutions Ltd.,Ruptela UAB, Spy tech, Inc., Verizon Wireless among others. In 2017, Volkswagen sign a deal with Sierra wireless Inc. to use the GPS tracking devices in their cars.

 In 2018, Volksw agen sign a deal with Sierra wireless Inc. to use the GPS tracking devices in their cars.

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Table of Contents:

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product/Service Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Major Market Drivers and Restraints:

  • Commercial Vehicles increment leading to large supply of GPS system
  • Smaller Size, Longer Life, and High ROI
  • Low Prices
  • Several Environmental Factors Leads to Poor User Experience
  • Advancement in the Software

In 2018, North America is expected to dominate the market.

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