Press release
GPS Tracking Device Market Size - Forecasts to 2026
As per the research conducted by GME, the Global GPS Tracking Device Market is estimated to be valued at USD 1400 million in 2021 and is projected to reach USD 2600 million by 2026 at a CAGR of 13.18%. The GPS tracking device market is being driven by rising demand for IoT and cloud technologies in tracking systems and soaring commercial vehicle purchases.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global GPS Tracking Device Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-gps-tracking-device-market-3277
By Type (Standalone Tracker and OBD Device & Advance Tracker), By Industry (Construction, Transportation & Logistics, and Metals & Mining), By Deployment Type (Commercial Vehicle and Cargo & Container); By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• GPS gadgets' compact design, longer life, and dominant ROI are boosting market expansion.
• The advanced tracker type is foreseen to predominate because they are exclusively deployed in numerous vehicles.
• Globally commercial vehicle deals have flooded tremendously which is responsible for the supremacy of the transportation and logistics industry.
• Commercial vehicle sales are increasing globally, resulting in their dominance in the deployment segment.
• Europe is foreseen to rule the global market because of the strong participation of the core market players.
• Calamp Corp., Orbocomm Inc., Sierra Wireless Inc., Queclink Wireless Solutions Co., Ltd., Shenzhen Concox Information Technology Co., Laird plc, TomTom International BV, Meitrack Group, Teltonika UAB, ATrack Technology Inc., Trackimo LLC, and Geotab are the top players in the market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-gps-tracking-device-market-3277
Industry Outlook (Revenue, USD Billion, 2021-2026)
• Construction
• Transportation & Logistics
• Metals & Mining
Type Outlook (Revenue, USD Billion, 2021-2026)
• Standalone Tracker
• OBD Device
• Advance Tracker
Deployment Type Outlook (Revenue, USD Billion, 2021-2026)
• Commercial Vehicle
• Cargo & Container
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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