Market OverviewAccording to Market Research Future (MRFR), the global market for GPS trackers is expected to generate significant revenue of USD 2.72 billion at a moderate 14.42% CAGR over the review period (2020-2027). Drivers and RestraintsThe adoption of a GPS tracking system is observed mainly for safety purposes in transportation, fleet management, patrols, and asset tracking, among others, affects the growth of the global GPS tracker market. The effect of GPS tracker software has enhanced connectivity with precision n...
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