Vehicle Tracking Systems Market Size- KBV Research

by KBV Research
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Title:
Vehicle Tracking Systems Market Size- KBV Research
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KBV Research
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KBV Research
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KBV Research
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English
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https://www.kbvresearch.com/vehicle-tracking-systems-market/
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Abstract:
The Global Vehicle Tracking Systems Market Size is expected to reach $13.4 billion by 2024, rising at a market growth of 18.9% CAGR during the forecast period.
 
The global market for vehicle tracking systems is driven primarily by the expansion of goods and passenger transportation services. Vehicle fleet operators are willing to track their vehicles to obtain accurate vehicle data, location, performance, and driver behavior. Accelerated road freight transportation services are fueling global demand for vehicle tracking systems. The expansion of the global passenger transportation industry, attributed to the growing presence of ride-hailing companies, vehicle rental companies, and the increasing adoption of app-based transportation services are fueling global demand for vehicle tracking systems.
 
Full Report: https://www.kbvresearch.com/vehicle-tracking-systems-market/
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