Global Positioning System (GPS) Tracking Devices Market
Dublin, July 29, 2022 (GLOBE NEWSWIRE) – The Global GPS Tracking Devices Market (2022-2027) by Type, Technology, Industry, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis Report added to ResearchAndMarkets.com Show.
The global global positioning system (GPS) trackers market is estimated at $2.14 billion in 2022 and is expected to reach $3.82 billion by 2027, at a compound annual growth rate of 12.3%.
Market dynamics are the forces that influence the prices and behavior of stakeholders in the global market for GPS tracking devices. These forces create pricing signals that result from changes in the supply and demand curves of a particular product or service. The forces of market dynamics may be related to macroeconomic and microeconomic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market, and create price signals.
Since market dynamics affect supply and demand curves, decision makers aim to determine how best to use different financial instruments to halt different strategies to accelerate growth and reduce risk.
The report provides a detailed analysis of the competitors in the market. Covers analysis of the financial performance of listed companies in the market. The report also provides detailed information on the recent development of companies and the competitive scenario. Some of the companies covered in this report are Atrack Technology Inc, Calamp Corp, Concox Information & Technology Co. Ltd (Shenzhen Jimi Iot Co. Ltd), Geotab Inc, Meitrack Group, Orbcomm Inc, etc.
The countries studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States and rest of the Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, rest of Europe)
Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, rest of the Middle East and Africa)
Asia Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, rest of Asia Pacific)
The report includes the competitive quadrant, a proprietary tool for analyzing and evaluating the position of companies based on the degree of industry position and degree of market performance. The tool uses various factors to classify players into four categories. Some of these factors considered for the analysis are the financial performance over the past three years, growth strategies, degree of innovation, new product launches, investments, growth in market share, etc.
The report provides a detailed Ansoff Matrix analysis of the global Global Positioning System (GPS) Tracking Devices market. The Ansoff Matrix, also known as a product/market expansion network, is a strategic tool used to design strategies for a company’s growth. The matrix can be used to evaluate methods in four strategies. Market development, market penetration, product development and diversification. The matrix is also used for risk analysis to understand the risks involved in each approach.
The analyst analyzes the Global Positioning System (GPS) Tracking Devices Market using Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis made on the industry and industry players, the analyst devises suitable strategies for market growth.
Why buy this report?
The report provides a comprehensive assessment of the global Global Positioning System (GPS) Tracking Devices market. The report includes in-depth qualitative analysis, verifiable data from reliable sources, and projections on the market size. Projections are calculated using proven research methodologies.
The report was compiled through extensive primary and secondary research. Primary research is conducted through interviews, surveys and observation of famous employees in the industry.
The report includes an in-depth analysis of the market using Porter’s Five Forces Model and Ansoff Matrix. In addition, the impact of Covid-19 on the market is also seen in the report.
The report also includes the regulatory scenario in the industry, which will help you make an informed decision. The report discusses the main regulators and the main rules and regulations imposed on this sector across different geographies.
The report also contains competitive analysis using Quadrant, the analyst’s competitive positioning tool.
Main topics covered:
1 Description of the report
2 Research Methodology
3 Executive Summary
4 market dynamics
4.1.1 Growth of commercial vehicles
4.1.2 Increase the benefits of smaller size, longer life, higher return on investment and reasonable prices
4.2.1 Impact of non-standard products and many environmental factors lead to bad user experience
4.3.1 Using a UBI GPS Tracker
4.3.2 Program progress
4.4.1 Increased adoption of device salt tracking solutions
5 market analysis
5.1 Regulatory scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global GPS Tracking Device Market, by type
6.2 Data loggers
6.3 Data Payers
6.4 Data Pull Tools
7 Global Positioning System (GPS) Tracking Devices Market, by Technology
7.2 Standalone Tracker
7.3 OBD Device
7.4 Advanced Tracker
8 Global GPS Tracking Devices Market, by Industry
8.2 Transportation and logistics
8.4 Oil and Gas
8.5 Metals and Mining
9 Global Positioning System (GPS) Tracking Devices Market in the Americas
9.9 United States
9.10 Rest of the Americas
10 Europe GPS Tracking Devices Market
10.16 United Kingdom
10.17 Rest of Europe
11 Global Positioning System (GPS) Tracking Devices Market in the Middle East and Africa
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of the Middle East and Africa
12 Global Positioning System (GPS) Tracking Devices Market in APAC
12.11 South Korea
12/12 Sri Lanka
12.15 Rest of Asia and the Pacific
13 Competitive Scene
13.1 Competitive Quarter
13.2 Market share analysis
13.3 Strategic initiatives
13.3.1 Mergers, acquisitions and investments
13.3.2 Partnerships and Collaboration
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Turks Technology Inc
14.2 Calamp Corp
14.3 Concox Information & Technology Co., Ltd. (Shenzhen Jimi Iot Co. Ltd)
14.4 Geotab Company
14.5 Meitrack Group
14.7 Queclink Wireless Solutions Co.Ltd
14.8 Sierra Wireless Company
14.9 Starcom Systems Ltd
14.10 Trakimo Group
14.11 Teltonika Uab
For more information about this report visit https://www.researchandmarkets.com/r/v1jjmf
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