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The study covers the global GPS tracking industry statistics, in terms of revenue, for a period ranging between 2015 and 2025.

The report, besides estimating the ‘GPS Tracking Device’ market potential till 2025, analyzes on who can be the market leaders and what partnerships would help them to capture the market share.

The report gives an overview about the dynamics of the market, by discussing various aspects such as drivers, restraints, Porter’s 5 forces, value chain, customer acceptance and investment scenario.

Request for sample copy of the report at: https://www.adroitmarketresearch.com/contacts/request-sample/624  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.

These factor together are providing an impetus for the growth of the global GPS tracking device market.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 station.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.

A poorly performing fleet is a massive challenge for any business; mainly if it’s a part of the logistics and transportation industry because logistics isn’t just a business function that they have to manage, it’is their whole and sole business!

You have to maintain a large fleet of vehicles, which is a reason for a mild headache even at the best of times.

If you don’t know the precise location of every vehicle in your fleet, your business will have to depend on a lot of guesswork.

GPS tracking of vehicles, however, could help logistics and transportation businesses overcome most issues that arise in fleet management.

However, there are a couple of different GPS tracking solutions at the disposal of a modern fleet manager; a robust hardware-based GPS tracking unit and a more sophisticated and technologically superior smartphone-based fleet tracking system.

Mobile GPS tracking won’t need additional hardware, resulting in an inexpensive solution comparatively. What benefits do a tablet and smartphone-based fleet tracking app bring to fleet managers? Read on to find out!

Read more on Mobisoft Infotech.

GPS Tracking Device MarketData Bridge Market research released a new market study on GPS Tracking Device Market with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis In GPS Tracking Device Market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective.

GPS Tracking Device Market survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe.

This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.Global GPS tracking device market is to register a healthy CAGR of 12.10% in the forecast period of 2019-2026.

The report contains data from the base year of 2018 and the historic year of 2017Grab Sample Report + All Related Tables & Charts of Global GPS Tracking Device Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-gps-tracking-device-marketMarket Definition: Global GPS Tracking Device MarketGPS tracking is basically an observation of the situation by the use of the Global Positioning System (GPS) to trace the position of an object distantly.

The technology can locate latitude, line of longitude, course direction and ground speed of the target.

The GPS may be a bunch of twenty-four aligned satellites that orbit the earth and create it a possibility for particular ground receivers to locate their geographic locationTop Manufacturers Covered in the Report:Few of the major competitors currently working in global GPS tracking device market are CalAmp, Sierra Wireless, ORBCOMM, Queclink Wireless Solutions Co ., Ltd., Concox Information Technology Co., Ltd. , Laird, TomTom International BV.