GPS Tracking Device Market Size, Share, Growth | 2024 to 2032

The global GPS tracking device market is predicted to reach USD 1.66 billion in 2024 and USD 4.38 billion by 2032, growing at a CAGR of 12.9% during the forecast period. The study shows that the market has high demand in different segments, including transportation, IT, and Telecommunication, which offer real-time … See more

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GPS Tracking Device Market Size, Share, Growth | 2024 To 2032

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GPS Tracking Device Market Size – Analysis Report, 2032

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Jan 1, 1970 · The GPS tracking device market size was valued at over USD 2.9 billion in 2022 and is anticipated to grow at a CAGR of over 12.5% between 2023 and 2032 owing to growing …

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Global GPS Tracking Device Market Size, Top Trends, Demand To …

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Jul 31, 2024 · 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% …

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GPS Tracking Devices Market Size, Share | CAGR Of 12.7%

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The Global GPS Tracking Devices Market size is expected to be worth around USD 10.2 Billion by 2033, From USD 3.1 Billion by 2023, growing at a CAGR of 12.70% during the forecast …

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Wearable GPS Tracking Devices Market Research Report 2032

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The global market size for wearable GPS tracking devices is estimated to reach approximately $3.5 billion in 2023 and is projected to grow to $8.7 billion by 2032, driven by a compound …

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GPS Tracking Device Market Size, Industry Growth Analysis | 2028

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The Global GPS Tracking Device Market size was valued at $1.78 billion in 2020, and is projected to reach $4.93 billion by 2028, registering a CAGR of 12.3% from 2021 to 2028. GPS tracking …

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GPS Tracking Device Market - Orion Market Research

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GPS tracking device market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The key factors that drive the growth of the GPS tracking device market …

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FAQs about GPS Tracking Device Market Size, Share, Growth | 2024 to 2032 Coupon?

What is the global demand for GPS tracking device market?

According to the report, global demand for GPS tracking device market was valued at USD 2.1 Billion in 2018, and is expected to reach USD 4.6 Billion in 2025, growing at a rate of 11.8% between 2019 and 2025. ...

How competitive is the global GPS tracking device market?

The global GPS tracking device market is competitive, owing to strong presence of existing vendors. GPS tracking devices technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the market requirements. ...

What is the scope of the GPS tracking device market?

The GPS tracking device market holds a substantial scope for growth on a global scale. Its contribution to the market is anticipated to increase significantly during the forecast period. Recent discoveries and innovations have created vast opportunities for numerous players to step in the GPS tracking device market. ...

What are the key factors affecting the GPS tracking market?

The new research study consists of an industry trend analysis of the market. The market growth is driven by factors including increasing demand for commercial vehicles, demand for compact size and durable GPS tracking devices, and increasing popularity of cloud computing and IoT. ...

What is the most lucrative segment of GPS tracking device market?

Advance Tracker segment is projected to be the most lucrative segment The GPS tracking device market share is segmented on the basis of technology, type, application, and region. By technology, the market is classified into standalone tracker, OBD device, and advance tracker. ...

Why are low-cost GPS tracking devices gaining a competitive advantage?

Thus, to fulfill the demand for GPS tracking devices, various companies are involved in the manufacturing of these devices, resulting in increased competition. To gain a competitive advantage, some manufacturers are introducing low-cost GPS tracking devices in the market. ...