Vehicle Tracking System Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025
Overview Vehicle tracking system market size is forecast to surpass $14.6 billion by 2025 growing at CAGR 14% during 2020-2025 owing to the growing demand for the live tracking for transit and passenger transportation services globally. Apart from this, the increase in adoption of fleet management in the e-retail space to enhance customer experience by availing real time package tracking to assist the market growth during the forecast period Report Coverage The report: “ Vehicle Tracking System Market Report – Forecast (2020-2025) ”, by IndustryARC, covers an in-depth analysis of the following segments of the Vehicle tracking system Market. Key Takeaways Active vehicle tracking system to dominate the market as well as grow at the highest rate during 2020-2025 owing to the increasing preference to live mobile vehicle tracking Passenger vehicle acquired the major share of the vehicle tracking system market owing to the adoption of usage based insurance and growing passenger transpo