Vehicle Tracking System Market | Boosting CAGR 22.8% by 2023 | Nissan, Garmin, Trimble, AT&T, Fleetmatics, Fleetmatics, IBM, Verizon Communications, Tomtom, GE Capital

(I-TravelNewswire.Com, October 05, 2018 ) The Vehicle Tracking System combines the use of individual vehicle's automatic vehicle location with the software to collect vehicle data for a comprehensive picture of the vehicle location.

The Vehicle Tracking System market research report provides a complete assessment of the market. Through in-depth qualitative analysis, historical data and verifiable predictions. The outlook presented in the report has been set for use in well-known research bases and methodologies. It is the first kind in the United States, and the first kind in the world.

The companies highlighted in the Vehicle Tracking Systems Market competition by sales volume, Price (USD/Unit), revenue (Million USD) and market share include: Nissan, Garmin, Trimble, AT&T, Fleetmatics, Fleetmatics, IBM, Verizon Communications, Tomtom, GE Capital, Davantel, Pointer, Navika, Huizhou Foryou, Gasgoo etc.

The Vehicle Tracking System Market Research Report is designed to implement various analytical techniques to gather key insights into the market. It is the biggest market in the world and the biggest market in the world. Other studies are underway to consider geography, distribution channels and product types over a period of time.

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Market embracing of vehicle tracking systems is spreading fast, majority of commercial vehicles in North America and Europe already using the technology, and active growth occurring in Asian and emerging markets. A recent market study showed that the global vehicle tracking market will grow from $10.91 billion in 2018 to $30.45 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.8%.

The North American vehicle tracking market is expected to account for the largest volume in the next eight years. The presence of major car manufacturers in the region will contribute to profitability. Various regulatory authorities, such as the Federal Motor Carrier Safety Administration (FMCSA), are installing these devices in their cars to further support the region's dominance. The Asia-Pacific region will also account for a significant portion of the global market.

Fleetistics, Calamp, Maestro Wireless Solutions Ltd., Navotar, Garmin and Mio are among the prominent participants in the vehicle tracking industry. Competitors focus on penetrating the world. Partnerships with online retailers such as Amazon, eBay, TrackMe, and GPS-Track are expanding to increase visibility. This has led to the high growth of these online channels.

The Report Scope-
It includes the various classifications, definitions, scope and the industry chain structure.
It presents a detailed insight into the regional, global and overall industry outlook.
Studies in detail an overall comprehensive data showing the various statistics and key trends of the industry.
Gives a complete synopsis of the different market players in the industry, manufacturers and distributors.
Forecasting data over the next five years which includes the market prices and volumes.
It also investigates the import/export supply, the cost and price figures, revenue, overall pricing and the competitive market status.
It includes the region wise segmentation and studies the revenue and gross margins accordingly.
It also includes the new investments made and the overall conclusions offered.

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