Published by Coherent Market Insights
Posted on September 29, 2021
4 min readLast updated: February 1, 2026
The GPS tracker market is rapidly growing, driven by IoT and cloud technology. Key players are innovating to gain a competitive edge.
United States/WA: Market Will Boom In Near Future
Report Pages:[130 Pages]
Top Company Players:- Orbcomm Inc., Laird PLC., Teltonika UAB, Geotab Inc., Sierra Wireless, Inc., Queclink Wireless Solutions Co., Ltd, Tomtom International Bv, Rilapp Technology Inc., Calamp Corporation, and Shenzhen Concox Information Technology Co.
GPS tracking devices are used for tracking the movements any individual or motors, which assist in figuring out the precise area of the assets. This data is stored within the tracking unit, which are similarly transmitted to a important location database through the use of a cell gadgets, radio, or satellite modem embedded inside the unit.
one of the important factors attributed to boom of the market is development in internet of factors (IoT) and cloud generation because of growing penetration of net customers internationally. as an instance, in keeping with the net global Stats, in June 2017, total internet customers had been suggested to be three.88 billion among international populace of 7.52 billion. furthermore, in keeping with the Coherent market Insights’ evaluation, the number of internet of things (IoT) related gadgets turned into US$ 17.seventy two billion in 2016, and it has increased to US$ 20.38 billion, international. Integration of IoT and cloud generation provides facility to put in the GPS tracking tool in any area consisting of workplace, home, and plenty of extra, which similarly increases protection of physical belongings positioned within the residential and commercial enterprise. This device permits customers to screen man or woman, animals, motors, or any item in actual time, which in flip makes communication fast and faster between devices and users in conjunction with high accuracy, precision, and reliability. moreover, GPS monitoring additionally helps the businesses to run smoothly and well timed which in turn, organizations to keeps customers satisfied with correct time frames and scheduling. therefore, this component is predicted to propel boom of the GPS tracker marketplace during the forecast length (2018-2026) but, now and again GPS tracker fails to carry out in horrific weather conditions along with heavy rainfall, snowstorm, and others, which is anticipated to restrain increase of the GPS tracker marketplace over the forecast length (2018 – 2027).
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/2093
Aggressive landscape
Predominant player operating in the international tracker GPS marketplace include Orbcomm Inc., Laird., Teltonika UAB, Geotab Inc., Sierra wireless, Inc., Queclink wi-fi answers Co., Ltd, Tomtom worldwide Bv, Rilapp technology Inc., Calamp agency, and Shenzhen Concox records era Co. the important thing players of the market are adopting new product development strategy so one can gain aggressive part inside the market. for instance, in November 2016, the Rilapp technology released the R-locator GPS monitoring devices. The facilities covered in system are real time tracking, ignition detection, engine reduce-off, distance calculation, speed tracking, motion monitoring, in build battery backup for power failure, in construct reminiscence for historic facts add below exclusive instances, and others.
Glоbаl GРS Trасker Mаrket: Tаxоnоmy
By Рrоduсt Tyрe
Stаndаlоne Trасker
Соnvert GРS Trасkers
Аdvаnсe Trасker
By Соmроnents
GРS Lоggers
Рersоnаl GРS Trасker
Reаl Time GРS Trасker
By Deрlоyment Tyрe
Соmmerсiаl Vehiсle
Саrgо & Соntаiner
By Trасking Deviсes
Sаtellite
Сellulаr
By Vertiсаls
Trаnsроrtаtiоn & Lоgistiсs
Соnstruсtiоn
Оil & Gаs
Metаls & Mining
Gоvernment
Оthers (Eduсаtiоn, Retаil, Hоsрitаlity, Аgriсulture, аnd Heаlth саre)
By Regiоn
Nоrth Аmeriса
Eurорe
Аsiа Расifiс
Lаtin Аmeriса
Middle Eаst
Аfriса
Go Through Our Trusted Clients List:
https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] GPS Tracker Market Is Boosting Rapidly With Future Business Opportunities appeared first on Gatorledger.
The article discusses the rapid growth and future opportunities in the GPS tracker market.
Key players include Orbcomm Inc., Laird PLC., Teltonika UAB, and others.
The market faces challenges like performance issues in adverse weather conditions.
Explore more articles in the Research Reports category
