GPS Tracking Device Market Revenue Trends and Growth Drivers

The global GPS tracking device market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to reach $5.7 billion by 2028, growing at a CAGR of 13.1% from 2023 to 2028.

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The GPS tracking device market is expected to grow at 12.58% CAGR during 2022-2028 to reach USD 4.42 billion in 2028.

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GPS Tracker Market Size, Share, Growth, Trends, Industry Analysis