Press release
The Global Vehicle Tracking System Market is Being Enhanced by Growing Fleet Operations
VEHICLE TRACKING SYSTEM MARKET
Browse 79 market data Tables and 58 Figures spread over 180 Pages, along with an in-depth analysis of the Global Vehicle Tracking System Market by Type, Technology, Vehicle Type, End Use, Component, & by Geography
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/vehicle-tracking-system-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
The United States vehicle tracking system market is estimated to progress with a CAGR of 15.22% during the forecasting years 2022 to 2028, reaching a revenue share of $12904.34 million by 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-vehicle-tracking-system-market/
Global Vehicle Tracking System Market Scenario
The number of commercial fleet operations is increasing worldwide. Road transportation is one of the most practical ways to guarantee that goods are available across the nation, therefore transportation and logistics industries are also growing. They can be accessed even in isolated areas that are inaccessible to other forms of transportation. Vehicle tracking systems can help fleet operators decrease idle time and increase vehicle safety.
To enhance fleet management, additional functionalities including emergency warnings have been incorporated into tracking systems. Fleet managers may use this to keep an eye on how their vehicles are being used. Then, using the data they have collected, they can evaluate and put better measures in place to optimize how their vehicles are used. This helps to save fuel expenses, improve fleet security, and provide real-time data.
Moreover, this component is essential for cutting operating expenses. Consequently, the increase in fleet operations around the globe is anticipated to have a favorable effect on the need for and uptake of vehicle tracking systems, thereby driving the growth of the global market.
The Global Vehicle Tracking System Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Vehicle Tracking System Market by Vehicle Type, End Use, Type, Technology, Component & by Geography: https://inkwoodresearch.com/reports/vehicle-tracking-system-market/#request-free-sample
Market Segmentation
Market by Type:
• Active
• Passive
Market by Vehicle Type:
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Market by End Use:
• Transportation & Logistics
• Construction & Manufacturing
• Aviation
• Retail
• Government & Defense
• Other End Uses
Market by Component:
• Hardware
o OBD Device/Tracker & Advance Tracker
o Standalone Tracker
• Software
o Vehicle Diagnostics
o Fleet Analytics & Reporting
o Performance Measurement
o Driver Behavior Monitoring
o Other Software
Market by Technology:
• GPS/Satellite
• GPRS/Cellular
• Dual Mode
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• XIRGO TECHNOLOGIES LLC
• VERIZON COMMUNICATIONS INC
• ROBERT BOSCH GMBH
• ORBCOMM INC
• INSEEGO CORP
• TRACKIMO
• CONCOX INFORMATION TECHNOLOGY CO LTD
• CALAMP CORPORATION
• TOMTOM NV
• SOLERA INC
• SIERRA WIRELESS INC
• SAMSARA INC
• GEOTAB INC
• CONTINENTAL AG
Related Reports
GLOBAL AUTOMOTIVE TELEMATICS MARKET -
https://inkwoodresearch.com/reports/automotive-telematics-market/
The global automotive telematics market is set to develop with a CAGR of 13.41%from 2023-2032.
GLOBAL SMART FLEET MANAGEMENT MARKET -
https://inkwoodresearch.com/reports/smart-fleet-management-market/
In terms of revenue, the global smart fleet management market is predicted to register a CAGR of 6.47% across the forecasted years of 2021 to 2028.
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