Global GPS Tracker Market 2021-2025 The analyst has been monitoring the GPS tracker market and it is poised to grow by $ 914. 96 mn during 2021-2025, progressing at a CAGR of 11. 91% during the forecast period.
New York, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global GPS Tracker Market 2021-2025" - https://www.reportlinker.com/p05999260/?utm_source=GNW
Our report on the GPS tracker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand for fleet management system and growing investment in satellite deployment. In addition, increasing demand for fleet management system is anticipated to boost the growth of the market as well.
The GPS tracker market analysis includes the end-user segment and geographic landscape.
The GPS tracker market is segmented as below:
• Logistics and transportation
• Construction and mining
• Oil and gas
By Geographical Landscape
• North America
• South America
This study identifies the growing investment in LTE networksas one of the prime reasons driving the GPS tracker market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on GPS tracker market covers the following areas:
• GPS tracker market sizing
• GPS tracker market forecast
• GPS tracker market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading GPS tracker market vendors that include CalAmp Corp., Concox Information Technology Co. Ltd., Geotab Inc., JSC Teltonika, Navtelecom LLC, ORBCOMM Inc., Queclink Wireless Solutions Co. Ltd., SENSATA TECHNOLOGIES HOLDING PLC, Sierra Wireless Inc., and UAB Ruptela. Also, the GPS tracker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05999260/?utm_source=GNW
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