GPS Locator Market 2022 Size, Key Opportunities and Business Players  | Amber Alert GPS, BrickHouse Security, Trackimo, AngelSense

The GPS Locator Market research report provides a thorough and comprehensive analysis of the global Industry. It contains quantitative and qualitative data on the entire industry structure. This GPS Locator Market research report provides an overview of the market based on segmentation, allowing the client to readily comprehend the market. During the projection period of 2022 to 2028, the markets are estimated to rise at a fast pace. It provides unbiased information about the Service Industry, empowering the client to make informed conclusions that will help them achieve major business goals.

Note - In order to afford more accurate market forecast, all our reports will be simplified before delivery by considering the impact of COVID-19

GPS Locator Market Size is projected to reach at a CAGR of 12.45% during 2022-2028

Dynamic Growth -

The key factors that drive the growth of the GPS Locator device market contain increase in demand for IoT and cloud technology and surge in commercial vehicle sales. However, impact of nonstandard products and several environmental factors leading to poor user experience are expected to pose major threats for the GPS Locator device market. Besides, rise in usage of digital map and surge in advancements and upgradation of software used in GPS Locator devices are expected to offer lucrative opportunities for the growth of the global GPS Locator device market. The key factors that hamper the GPS Locator device market evolution are low awareness among small scale manufactures and competition from uninterrupted and non-fluctuating power supply systems. The opportunity lies in increase in awareness for need of GPS, developments in automotive sector, and transportation issues in the developing countries.

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The top companies in this report include: Amber Alert GPS, BrickHouse Security, Trackimo, AngelSense, Spy Tec, Trax, Spot, Yepzon, My Buddy Tag, FollowMee, Optimus Tracker, ACR Electronics, Shenzhen Boshijie

Industray News -

ACR Group has acquired in 2 different US states, and 2 countries. The Company's most targeted sectors include technology hardware (75%) and manufacturing (25%).

Trax has acquired in 2 different US states, and 2 countries. The Company's most targeted sectors include software (50%) and information technology (25%).

GPS Locator top players are:

Amber Alert GPS, BrickHouse Security, Trackimo, AngelSense, Spy Tec, Trax, Spot, Yepzon, My Buddy Tag, FollowMee, Optimus Tracker, ACR Electronics, Shenzhen Boshijie

The research provides vendor information as well as the competitive landscape of the market. It includes details on the report's leading market vendors, as well as their growth factors and business strategies. Due to the highest market value in 2021, the Global GPS Locator market is predicted to grow at a significant rate with a strong CAGR throughout the review period.

Global GPS Locator Market Segmentation by Type:

Real-time Location
regular-time Location

Global GPS Locator Market Segmentation by Application:

Smart Device
Vehicle
Pet
Military
Others

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Regional Outlook -

Europe to account for the largest market size during the forecast period

The European GPS Locator device market is a mature one and is expected to sustain its position in the coming years. Being the automotive manufacturing hub, various companies such as Teltonika UAB (Lithuania), Ruptela UAB (Lithuania), Neomatica LLC (Russia), and Box Telematics Ltd. (UK) are offering GPS Locator devices in the said market. In addition, various events, and conferences related to GPS Locator device are also driving the growth of the European market. APAC is expected to be the fastest-growing market in the overall GPS Locator device market during the forecast period. The major driving factors for the growth of the market in APAC are increased number of manufacturing facilities, aging infrastructure, and asset's safety and security.

Geographical regions included, such as -

On the basis of Geography, The Global GPS Locator Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to hold the largest market share in the forecast period. Increased disbursements of enterprises in Research and Development would expand the market growth across the region.

North America (the United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents-

Report Overview - The report overview includes studying the market scope, leading players, market segments, market analysis by type, application, geography of the market.

Executive - The report summarizes about "GPS Locator" market trends and shares, market size analysis by region, and countries. Under market size analysis by region, analysis of market share, and growth rate by region is provided.

Profiles of International Players - This section also profiles some of the major players functioning in the "GPS Locator", based on various factors such as the company overview, revenue, product offering and SWOT analysis.

Regional Study - The regions and countries mentioned in this research study have been studied based on the market size by application, product, key players, and market forecast.

Key Players - This section of the "GPS Locator" report explains about the expansion plans of the leading players, investment analysis, funding, company establishment dates, revenues of manufacturers, and the regions served.

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