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GPS Tracking Device Market

The global GPS tracking device market size was worth USD 3,322.1 million in 2023. It is expected to be valued at USD 9,665.9 million by 2032, growing at a CAGR of 12.6% during the forecast period (2024u20132032).<br><br>https://straitsresearch.com/report/gps-tracking-device-market/request-sample

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GPS Tracking Device Market

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  1. GPS Tracking Device Market Outlook, Growth Factors, Industry Share, and Size By 2032 View Report Request Sample

  2. GPS Tracking Device Market Outlook, Growth Factors, Industry Share, Size By 2032 The global positioning system (GPS) is a cluster of satellites that enables highly accurate positioning, navigation, and timing (PNT) measurements worldwide. As one of the earliest satellite positioning systems, GPS has become an indispensable component of international work. GPS provides precise location data of a car, piece of equipment, or person. Tracking devices that use GPS transmit satellite signals decoded by a receiver. These receivers monitor the exact location of the device and calculate its travel time and speed. Increased demand for IoT & cloud technology and a surge in commercial vehicle sales are the primary factors propelling the GPS tracking device market. The global GPS tracking devices market also benefits from the presence of numerous established players. According to Straits Research, the global GPS tracking device market size was worth USD 3,322.1 million in 2023. It is expected to be valued at USD 9,665.9 million by 2032, growing at a CAGR of 12.6% during the forecast period (2024–2032). Buy now report -https://straitsresearch.com/buy-now/gps-tracking-device-market

  3. GPS Tracking Device Market $9,665.9 USD Billion CAGR 12.6% $3,322.1 USD Billion Request Sample 2023 2032

  4. GPS Tracking Device Market Main Market Players Covered in This Report: A Summary of the Impact of COVID-19 on this Market: • Meitrack Group • Starcom System Ltd • Geotab Inc • Atrack Technology • Trackimo Group • Sierra Wireless • Calamp Corp • Box Telematics The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on businesses across industries. However, this too shall pass. Growing support from governments and various companies can benefit in the fight against this highly transmissible disease. There are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic

  5. GPS Tracking Device Market The GPS Tracking Device Markethas been segmented as below: • By End-User • Automotive • Aerospace & Defense • Healthcare • Transportation • By Technology • Standalone Tracker • Advance Tracker • OBD Device We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.

  6. About Straits Research StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports. www.straitsresearch.com 825 3rd Avenue, New York, NY, USA, +1 6464807505, +44 203 318 2846 sales@straitsresearch.com

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