The GPS Tracker market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
A GPS tracking unit is a GPS device, normally carried by a moving vehicle or person, that uses the Global Positioning System (GPS) to track the device\'s movements, at intervals, and to determine its location, and its carrier. The recorded location data can be stored within the tracking unit, or it may be transmitted to a central location database, or Internet-connected computer, using a cellular (GPRS or SMS),mobile number radio, or satellite modem embedded in the unit. This allows the asset\'s location to be displayed against a map backdrop either in real time or when analysing the track later, using GPS tracking software. Data tracking software is available for smartphones with GPS capability.
In terms of value, advanced trackers segment is projected to be the most attractive in the global GPS tracker market during the forecast period.
As the report focuses on global GPS Tracker market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Calamp
Sierra
Tomtom
Xirgo
Queclink
Spy Tec
ATrack
Maestro
Market Segment by Product Type
Standalone Tracker
OBD Trackers
Advanced Trackers
Market Segment by Application
Fleet Management
Asset Management
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the GPS Tracker market for the forecast period 2020 - 2025?
• What are the driving forces in the GPS Tracker market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the GPS Tracker industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?