|11-09-2017 12:03 PM CET - Advertising, Media Consulting, Marketing Research||
GPS Tracking Device Market Will Hit CAGR of 13.0% : Global Industry Analysis and Opportunity Assessment 2017-2024
Press release from: Data Bridge Market Research
DATA BRIDGE MARKET RESEARCH has recently announced the addition of a fresh report, titled “Global GPS Tracking Device Market 2017 — Opportunities & Forecasts to 2024 for the USD 1.5 Billion Industry” to its report offerings. The report introduces volume and value market share by players, by regions, by product type, by consumers.
Global GPS Tracking Device Market accounted to USD 1.5 billion in 2016 growing at a CAGR of 13.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global GPS Tracking Device Market By Type (Standalone Tracker, PBD Device, Advance Tracker) By Deployment type (Commercial Vehicle, Cargo and Container, Others), By Application (Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Major Market Drivers and Restraints:
• Commercial Vehicles increment leading to large supply of GPS system
• Smaller Size, Longer Life, and High ROI
• Low Prices
• Several Environmental Factors Leads to Poor User Experience
• Advancement in the Software
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On the basis of type:-
• Standalone Tracker,
• PBD Device,
• Advance Tracker.
On the basis of deployment type:-
• Commercial Vehicle,
On the basis of application:-
• Transportation & Logistics,
• Oil & Gas,
• Metals & Mining,
On the basis of geography:-
• North America
• South America,
• Middle East & Africa.
Some Major Countries Covered in This Report:-
• South Korea,
• Saudi Arabia,
• South Africa,
• among others.
In 2017, North America is expected to dominate the market.
Major Market Competitors:
• Calamp Corporation,
• Sierra Wireless, Inc.,
• Orbocomm Inc.,
• Queclink Wireless Solutions Co., Ltd,
• Shenzhen Concox Information Technology Co., Ltd,
• Laird PLC.,
• Tomtom International Bv,
• Teltonika UAB,
• Atrack Technology Inc.,
• Trackimo LLC,Geotab Inc.,
• Shenzhen Coban Electronics Co., Ltd,
• Xirgo Technologies, Inc.,
• Maestro Wireless Solutions Ltd.,
• Ruptela UAB, Spy tech, Inc.,
• Verizon Wireless among others.
In 2017, Volkswagen sign a deal with Sierra wireless Inc. to use the GPS tracking devices in their cars.
Read more about This Report @ databridgemarketresearch.com/reports/global-gps-tracking-...
About Data Bridge Market Research:
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This release was published on openPR.
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