Press release
GPS Tracking Device Market Increasing Demand, Growth Analysis and Future Outlook by 2031
The global GPS tracking device market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The GPS tracking device market growth is led by the increasing demand for fleet management solutions across various industries, such as transportation and logistics, construction, and government. GPS tracking devices are an essential component of fleet management solutions, enabling businesses to track the location, movement, and performance of their vehicles and assets in real-time. With the increasing need for operational efficiency, cost optimization, and regulatory compliance, businesses are increasingly adopting GPS tracking devices to improve fleet utilization, reduce fuel consumption, prevent theft and unauthorized use, and ensure driver safety and accountability. Additionally, the rising trend of e-commerce and home deliveries is expected to drive the demand for GPS-tracking devices in last-mile delivery applications.To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/gps-tracking-device-market
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.
Global GPS tracking device Market Report Segment
By Technology
• Standalone Tracker
• OBD Device
• Advance Tracker
By Application
• Automotive
• Aerospace & Defense
• Healthcare
• Transportation
• Others
A full report of GPS Tracking Device Market available @ https://www.omrglobal.com/industry-reports/gps-tracking-device-market
GPS Tracking Device Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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.
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Visit more report at
https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/
https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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 offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release GPS Tracking Device Market Increasing Demand, Growth Analysis and Future Outlook by 2031 here
News-ID: 3572239 • Views: …
More Releases from Orion Market Research

Electronic Access Control System Market - Industry Trends and Forecast to 2033
The Electronic Access Control System (EACS) Market was valued at approximately USD 14.64 billion in 2023 and is projected to reach USD 32.5 billion by 2033, reflecting a CAGR of 8.3% from 2024 to 2033 .
Electronic Access Control System Market Overview
The Electronic Access Control System (EACS) Market is experiencing significant growth due to increasing security concerns across various sectors, including commercial, residential, and industrial facilities. These systems utilize technologies such…

Visual Analytics Market Overview: Growth, Share, Value, Size, and Scope
The Visual Analytics Market was valued at approximately USD 8.7 billion in 2023 and is projected to reach USD 37.7 billion by 2033, reflecting a CAGR of 15.79% from 2023 to 2033 .
Visual Analytics Market Overview
The Visual Analytics Market is experiencing significant growth, driven by the increasing volume and complexity of data across industries. Organizations are adopting visual analytics tools to transform raw data into actionable insights through interactive dashboards,…

Disability Insurance Market: An In-Depth Analysis
The global Disability Insurance Market was valued at approximately USD 3.7 billion in 2023 and is projected to reach USD 11.21 billion by 2033, reflecting a CAGR of 12.00% from 2028 to 2033 .
Disability Insurance Market Overview
The Disability Insurance Market is experiencing significant growth, driven by an aging population, increasing prevalence of chronic illnesses, and rising awareness about income protection. Employer-sponsored plans dominate the market, with long-term disability insurance accounting…

Usage Based Insurance (Ubi) Market: A Comprehensive Overview
The Usage-Based Insurance (UBI) Market was valued at USD 43.38 billion in 2023 and is expected to grow to approximately USD 87.0 billion by 2033, reflecting a CAGR of about 7.2% from 2024 to 2033.
Usage Based Insurance (Ubi) Market Overview
The Usage-Based Insurance (UBI) Market is experiencing significant growth, driven by advancements in telematics and the increasing adoption of connected vehicles. UBI models, such as Pay-As-You-Drive (PAYD) and Pay-How-You-Drive (PHYD), utilize…
More Releases for GPS
GPS Market Potential Surge Evaluating GPS Market Growth Opportunities Ahead - 20 …
In recent years, the global GPS Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on GPS Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS …
AirBolt GPS Tracker Reviews USA: Is AirBolt GPS Tracker The World's Smartest GPS Tracker? All You Need To Know About AirBolt GPS Tracker Before You Buy.
Looking for a game-changer in the realm of GPS trackers? Enter the AirBolt GPS, a revolutionary device that transcends the limitations of traditional Bluetooth trackers and bulky GPS units. Boasting four years of dedicated refinement, AirBolt presents a masterpiece of technology that redefines tracking…
Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving…
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Mark …
Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop…
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,…
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market
Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four…