GPS Tracking Device Market Worth $5.7 Billion in 2028
The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed introduction of more advanced with smaller sizes, greater durability, and functionality. With recent technological advancements, it is possible to develop thumbnail-sized GPS receivers and tiny batteries, which make GPS tracking devices...
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