Press release
GPS Tracking Device Market Is Likely to Experience a Tremendous Growth by 2029
To tap the growing demand for fleet management solutions the market players are actively seeking new collaborations, in the form of acquisitions and partnerships to expand their consumer reach. For instance, in Oct 2019, American auto manufacturer Ford partnered with Geotab for integrated solutions in its vehicles. The partnership aims to integrate Geotab's fleet management technology with Ford's connected vehicle ecosystem, enabling commercial customers to access real-time data on vehicle performance and driver behavior. Also, the market players are coming up with new and advanced solutions and launches to remain competitive in the market. For instance, in May 2022, Cyngn, a developer of innovative autonomous driving software solutions for industrial and commercial applications, launched Infinitracker, a global GPS asset-tracking device and Internet of things ("IoT") data collection gateway. The Infinitracker product aligns with Cyngn's mission to create new data insights in industrial domains such as manufacturing, fulfillment, logistics, construction, and mining.
Moreover, advancements in GPS tracking technology, such as the integration of AI and IoT, are anticipated to provide further growth opportunities for the market. For instance. These technological advancements enable GPS tracking devices to provide more accurate and reliable location data, predictive maintenance, and real-time analytics, enhancing the overall efficiency and productivity of fleet management operations.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Technology
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including AT&T Inc., Garmin Ltd., Trackimo Inc., Calamp Corp, Orbocomm Inc., Sierra Wireless Inc., and others.
A full Report of GPS Tracking Device Market is Available @ https://www.omrglobal.com/industry-reports/gps-tracking-device-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
AT&T Inc.
ATrack Technology Inc.
Calamp Corp
Concox Information Technology Co.
Garmin Ltd.
Geotab Inc.
Laipac Technology Inc.
Laird Connectivity
Meitrack Group
Orbocomm Inc.
Queclink Wireless Solutions Co. Ltd.
Sierra Wireless Inc.
TELTONIKA
Trackimo Inc.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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