New ARC Advisory Group research on the GPS asset and fleet tracking market reveals that the reduction in total cost of ownership of GPS tracking solutions will help drive growth for the GPS tracking market in the near future.
“Reliability of cellular networks has improved over the years, which has reduced tracking industry’s reliance on high-cost satellite networks. This has brought down the overall cost for end users. Furthermore, the move to Software-as-a-Service model has reduced the upfront cost for end users as well,” according to Inderpreet Shoker, Analyst at ARC Advisory Group and key author of ARC’s GPS Asset and Fleet Tracking Global Market Research report.
About the GPS Asset and Fleet Tracking Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecast for the GPS asset and fleet tracking market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue type, and hardware type.
This new research is available as a Concise Market Analysis Report (PDF), which provides an executive-level summary of the current market dynamics, market forecasts, supplier recommendations, and an overview of strategic issues. The PDF does not include detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.