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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