Gps Tracker Market
                     Gps Tracker Market Demand Is At It'S Peak
GPS tracking devices are used for tracking the movements any person or vehicles, which help in 
determining the exact location of the assets. This information is stored in the tracking unit, which 
are further transmitted to a central location database by using a cellular devices, radio, or satellite 
modem embedded in the unit.
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Increasing adoption of Internet of Things (IoT) and Cloud Technology is one of the major 
factors driving growth of the market
One of the major factors attributed to growth of the market is advancement in Internet of Things 
(IoT) and cloud technology due to increasing penetration of internet users across the world. For 
instance, according to the Internet World Stats, in June 2017, total Internet users were reported to be
3.88 billion among global population of 7.52 billion. Moreover, according to the Coherent Market 
Insights’ analysis, the number of Internet of things (IoT) connected devices was US$ 17.72 billion 
in 2016, and it has increased to US$ 20.38 billion, worldwide. Integration of IoT and cloud 
technology provides facility to install the GPS tracking device in any location such as office, home, 
and many more, which further  increases security of physical assets placed in the residential and 
business.
Global GPS Tracker Market: Regional Insights
The GPS tracker market in Asia Pacific region is expected to exhibit the highest CAGR during the 
forecast period of 2018 to 2026. The factor attributed to market growth is increasing stringent 
government regulations along with increase in production of vehicles in emerging economies such 
as India and China.
Global GPS Tracker Market: Taxonomy
By Product Type
•Standalone Tracker
•Convert GPS Trackers
•Advance Tracker
By Components
•GPS Loggers
•Personal GPS Tracker
•Real Time GPS Tracker
By Deployment Type
•Commercial Vehicle
•Cargo & Container
By Tracking Devices
•Satellite
•Cellular
By Verticals
•Transportation & Logistics
•Construction
•Oil & Gas
•Metals & Mining
•Government
•Others (Education, Retail, Hospitality, Agriculture, and Health care)
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Global GPS Tracker Market: Competitive Landscape
Major player operating in the global tracker GPS market include Orbcomm Inc., Laird PLC., 
Teltonika UAB, Geotab Inc., Sierra Wireless, Inc., Queclink Wireless Solutions Co., Ltd, 
Tomtom International Bv, Rilapp Technology Inc., Calamp Corporation, and Shenzhen 
Concox Information Technology Co.
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