The global GPS tracking device market size valued at $1.78 billion in 2022, and is projected to reach $4.93 billion by 2028, registering a CAGR of 12.3% from 2022 to 2028. This application does not require the user to transmit data, it works independently of receiving calls or the Internet , but these technologies can improve the usefulness of geo location. It provides important positioning capabilities for military , civilian and commercial users worldwide. The U.S. government creates, maintains and controls this system, and it is freely accessible to anyone.
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Market Segments
Company profiles
- Qualcomm Inc.
- Hexagon AB
- Broadcom Inc.
- Trimble Navigation Limited
- MiTAC Digital Technology Corporation (Navman)
- TomTom N.V
- Rockwell Collins Inc.
- Texas Instruments Inc.
- Garmin Ltd.
- Mio Technology Corporation.
By Type
- Standalone Trackers
- Portable Navigation Devices
- Automotive Telematics Systems
- Consumer Devices
- Others
By Application
- Road
- Aviation
- Marine
- Location-Based Services
- Surveying and Mapping
- Others
A full report is available at : https://orionmarketreports.com/gps/91586/
Scope of the Report
The research study analyzes the GPS market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions , considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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