Personal GPS Trackers Market Analysis, Status and Business Outlook 2022- Tomtom International Bv, Orbocomm Inc., Sierra Wireless Inc., Laipac Technolo

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Personal GPS Trackers market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.

The Personal GPS Trackers Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Personal GPS Trackers Market with its specific geographical regions.

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Top leading Companies Profiled in Personal GPS Trackers Market Report are Tomtom International Bv, Orbocomm Inc., Sierra Wireless Inc., Laipac Technology, Inc., Queclink Wireless Solutions Co., Ltd., Atrack Technology Inc., Calamp Corp., Concox Information Technology Co., Ltd., Spy tech, Inc., Verizon Wireless

Personal GPS Trackers Market size was valued at USD 1.70 Billion in 2019 and is projected to reach USD 4.18 Billion by 2027, growing at a CAGR of 12.87% from 2020 to 2027.

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Asia pacific is anticipated to witness a strong growth of GPS tracking device market due to the increasing vehicle sales, growing adoption of new GPS technology with improved features and increased implementation of a GPS based personal tracking system in this region. In recent years, the lightweight GPS transmitters have been increasingly developed in China to meet the need for wildlife tracking. New vehicle sales in the Asia-Pacific region including passenger vehicles, trucks and buses was reached about 40.5 million units and The American Ford Motor Company has sold 126,834 vehicles in Asia Pacific region in 2016. Europe is estimated to be the second highest region in market expansion owing to increasing commercial use of GPS tracking systems as well as rise in government spending on telematics. Certain European countries are adopting GPS technology by focusing on applications in land survey, vehicle tracking, geographic information systems, and coastal navigation.

Market Research Study Focus on these Types:

covert GPS trackers

standalone tracker

advance tracker

others

Market Research Study Focus on these Applications:

Personal safety

Vehicles

valuables

pets

Global Personal GPS Trackers Market: Regional Segment-

─North America (US, Canada)

─Europe (Germany, UK, France, Rest of Europe)

─Asia Pacific (China, Japan, India, Rest of Asia Pacific)

─Latin America (Brazil, Mexico)

─Middle East and Africa

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Key Takeaways from Personal GPS Trackers Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Personal GPS Trackers market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Personal GPS Trackers market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Personal GPS Trackers

Personal GPS Trackers Market Scenario:

This research report represents a detailed research overview of the competitive landscape of the Personal GPS Trackers Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Personal GPS Trackers Market in a detailed manner for better insights into the businesses.

The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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