The worldwide GPS Monitoring Gadgets market dimension was estimated at $ 1.78 billion in 2020 and is projected to achieve $ 4.93 billion by 2028, a CAGR of 12.3% from 2021 to 2028

The global GPS Tracking Devices market encompasses the technology, type, and application. Based on the technology, it is further divided into standalone tracker, OBD device, and advance tracker. By type, the market is divided into data loggers, data sliders and data pullers.

New York, August 25, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of Report “GPS Tracking Devices Market By Technology, Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2028” – https: / /www.reportlinker.com/p06126659/?utm_source=GNW

By application, it analyzes the market in automotive, aerospace & defense, healthcare, transportation, and others. By region, this market covers North America, Europe, Asia Pacific and LAMEA. In addition, the report also covers the strategies of the major market players in order to maintain the competitive landscape and increase their market share. Sierra Wireless, Orbocomm, Atrack Technology, Geotab Inc., Box Telematics, Meitrack Group, Trackimo Group, Calamp Corp, Starcom System Ltd., Concox Wireless Solution are the main players in the market.
Further technological advances due to innovative efforts and the entry of various stakeholders from developing countries are expected to drive market growth. The competitive advantages of GPS tracking devices over traditional alternatives were also outlined in the report. In order to understand market movement, the report has provided drivers, restraints, and opportunities. The report also discussed key strategies used by potential market leaders to facilitate effective planning.
Major players in the GPS tracker market include Sierra Wireless, Orbocomm, Atrack Technology, Geotab Inc., Box Telematics, Meitrack Group, Trackimo Group, Calamp Corp, Starcom System Ltd. and Concox Wireless Solution. These key players have pursued strategies such as product portfolio expansion, mergers and acquisitions, agreements, regional expansion and collaboration to improve their market penetration.

Main benefits for stakeholders
• This study involves the analytical presentation of the GPS Tracker market forecast along with the current trends and future estimates to determine the investment pockets ahead.
• The report provides information on major drivers, restraints, and opportunities in GPS Tracking Devices market analysis.
• GPS Tracking Devices market trends are quantitatively analyzed from 2020-2028 to highlight the financial literacy of the industry.
• Porter’s Five Forces Analysis illustrates the performance of buyers and suppliers in the industry.

Important market segments for GPS tracking devices

According to technology
• Standalone tracker
• OBD device
• Advance tracker

By type
• data logger
• Data slide
• Data extractor

After application
• automobile
• Aerospace and Defense
• Health care
• Transportation
• Other

By region
• North America
o US
o Canada
or Mexico
• Europe
o Great Britain
o Germany
the france
o Rest of Europe
• Asia Pacific
or China
or Japan
India
o South Korea
o Rest of Asia Pacific
• LAMEA
o Latin America
o Middle East
o Africa

Important market participants
• Sierra Wireless
• Orbocomm
• Atrack technology
• Geotab Inc.
• Box telematics
• Meitrack group
• Trackimo group
• Calamp Corp.
• Starcom System Ltd.
• Concox wireless solution
Read the full report: https://www.reportlinker.com/p06126659/?utm_source=GNW

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