The GPS Tracker Market is estimated to be valued at US$ 3.1 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
GPS trackers utilize global navigation satellite systems for actively monitoring the location of vehicles, portable equipment, mobile devices, and others. They are small portable devices that use GPS ... Read more

GPS trackers offer real-time location and status monitoring of vehicles and assets. They provide invaluable insights into route optimization, fuel efficiency, vehicle utilization, and driver behavior. The growing demand for fleet management solutions to improve operational efficiency and reduce costs is a key factor driving the adoption of GPS trackers. They help fleet operators minimize non-working miles, reschedule jobs based on real-time routes, monitor driver hours of service compliance ... Read more