GPS Tracker Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players. GPS Tracker Market
GPS tracking devices are used for tracking the movements any person or vehicles, which help in determining the exact location of the assets. This information is stored in the tracking unit, which are further transmitted to a central location database by using a cellular devices, radio, or satellite modem embedded in the unit. Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/gps-tracker-market-2093 Increasing adoption of Internet of Things (IoT) and Cloud Technology is one of the major factors driving growth of the market One of the major factors attributed to growth of the market is advancement in Internet of Things (IoT) and cloud technology due to increasing penetration of internet users across the world. For instance, according to the Internet World Stats, in June 2017, total Internet users were reported to be 3.88 billion among global population of 7.52 billion. Moreover, according to the Coherent Market Insights’ analysis, the number of Internet of things (IoT) connected devices was US$ 17.72 billion in 2016, and it has increased to US$ 20.38 billion, worldwide. Integration of IoT and cloud technology provides facility to install the GPS tracking device in any location such as ofce, home, and many more, which further increases security of physical assets placed in the residential and business. This device allows users to monitor individual, animals, vehicles, or any