Gps Tracker Market Size Is Set To Grow By Usd 2.13 Billion From 2024-2028, Increasing Demand For Fleet Management System To Boost The Market Growth, Technavio

The global GPS tracker market is expected to grow at a CAGR of 19.09% from 2024-2028, driven by increasing demand for fleet management systems and strategic partnerships and acquisitions. Key market players include ArusNavi, CalAmp Corp., and Geotab Inc. Vendors are also forming alliances and acquiring companies to access advanced technologies and software for product enhancement.