Latest Research Report on the Vehicle Tracking System Market
Ravinderimarc06 Jan, 2023Technology
Vehicle tracking system refers to an advanced software that relies on global positioning systems (GPS) and cellular networks for acquiring location information and monitoring automobile performance. It includes vehicle maintenance, diagnostics, route optimization, surveillance and safety, and fuel management solutions. IMARC Group expects the market to reach a value of US$ 45.1 Billion by 2027, exhibiting a CAGR of 13.20% during 2022-2027.
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