Smart Logistics and Safety Needs Drive Uptick in GPS Tracking...

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2025-06-20 16:20:43 - Translate -

Smart Logistics and Safety Needs Drive Uptick in GPS Tracking Device Demand

The global GPS tracking device market, valued at USD 2.8 Bn in 2022, is poised to reach USD 7.4 Bn by 2031, expanding at a robust CAGR of 11.9% from 2023 to 2031. Fueled by growing demand for commercial fleet tracking and personal safety, this market is seeing accelerated adoption across key sectors including transportation, logistics, defense, construction, and emergency services. ...

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