Increasing shift towards an online platform to fuel demand in the global Vehicle Tracking Device Market . The market has been witnessing the development of new technology. Fortune Business Insights has announced publishing of a report, titled “Vehicle Tracking Device Market Size, Share & Industry Analysis, By Component (Camera/Lens Module, Sensor, Illuminator), By Industry Vertical (Consumer Electronics, Automotive, Industrial Automation, Healthcare, Others (Building Automation, Gaming and Others)) and Regional Forecast, 2019-2026” published the above information.
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Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Vehicle Tracking Device Market ,” said a lead analyst at Fortune Business Insights.
Top Players Mentioned:
- Orbocomm Inc.
- Calamp Corporation
- Concox Wireless Solution Co., Ltd.
- TomTom International BV
- Sierra Wireless Inc.
- ATrack Technology Inc.
- Trackimo LLC.
- Meitrack Group
- Geotab Inc.
- Laird PLC
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
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As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
- By Type
- By Application
- By Geography
On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Vehicle Tracking Device Market.
- North America (The USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Major Table of Content for Vehicle Tracking Device Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Market Analysis, Insights and Forecast 2026
- North America Market Analysis, Insights and Forecast 2026
- Europe Market Analysis, Insights and Forecast 2026
- Asia Pacific Market Analysis, Insights and Forecast 2026
- Middle East and Africa Market Analysis, Insights and Forecast 2026
- Latin America Market Analysis, Insights and Forecast 2026
- Competitive Landscape
- Company Profile
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