Harnessing & Hiking of GPS Tracking

The telematics industry has grown significantly over the past years. And this is due to the increased demand for advanced telemetry solutions that provide improved safety, increased efficiency and reduced expenses. An increasing number of multifunctional devices such as smartphones, laptops, and tablets, owing to easy integration and low cost of other technologies including IoT (Internet of Things) these factors are contributing to the GPS market growth. These devices are also used in automotive telemetries systems, portable navigation systems, and others.

GPS tracking is the surveillance of location through use of the Global Positioning System (GPS ) to track the location of an entity or object remotely. The technology can pinpoint longitude, latitude, ground speed, and course direction of the target. The GPS is a ‘constellation’ of 24 well-spaced satellites that orbit the Earth and make it possible for people with ground receivers to pinpoint their geographic location. The location accuracy is anywhere from 100 to 10 meters for most equipment. Accuracy can be pinpointed to within one meter with special military-approved equipment. GPS equipment is widely used in science and has now become sufficiently low-cost so that almost anyone can own a GPS and many do in a smartphone, tablet or GPS navigation device.

GPS tracking is invaluable for police, firefighters, military personnel and large courier businesses. The GPS is segmented on the basis of type and application. Based on type, the market is segmented into a covert GPS tracker, standalone GPS trackers, and others. Furthermore, based on application, the market is sub-classified into transportation & logistics, government and defense, healthcare, and others. Among, the application segment, the healthcare sub-segment is attributed to be the fastest growing owing to the GPS being more in demand by this industry owing to it are used in various devices such as remote patient monitoring, surgically implanted devices, and also healthcare mobile application. The increasing demand by healthcare providers and the adoption of new technology is witnessing the fastest growth in the market.

In 2022, GPS and telematics developments expanded and advanced by improving the management and efficiency of businesses with a fleet of vehicles. However, one of the main challenges will be securing the growing amount of data from internal and external sensors. As a result, there is an increasing need for future telematics solutions that focus on data security, in-vehicle telematics, and GPS tracking systems.