10 Most Promising Vehicle Tracking Solution Providers - 2020

According to Grand View Research, the global vehicle tracking systems market size was valued at USD 18.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.0% from 2020 to 2027. This growth has been directly attributed to the digitalization of vehicles and the expanding global transportation and logistics industry. The increasing demand for fleet route planning, telematics, predictive fleet maintenance, facilitating flexibility in operations and optimum utilization of resources are also some of the major aspects in driving its market growth in the last few years.

Hence, with connected technologies, and other related components such as sensors, cameras, navigation systems, and connected smartphones, vehicle tracking solutions have been evolving significantly. Thus helping fleet operators in predictive maintenance by seamlessly utilizing well-defined solutions for managing and analyzing such information. The companies with the use of these products and solutions are being able to achieve higher cost savings and efficiently manage fleet operations.

However, as the mechanism of a vehicle tracking system works by acquiring and interpreting the signal from multiple satellites, these signals can get affected due to several factors including storms, tall buildings or other obstructions. Thus making ever-reliable GPS becomes weak and inaccurate. Hence the vendors offering these vehicle tracking solutions must come with the capabilities and expertise to overcome every challenges that pertains to vehicle tracking.

Enabling enterprises to choose the right partner to work with, CIOReviewIndia proffers a list of “10 Most Promising Vehicle Tracking Solution Providers - 2020”. This compact list displays an inventory of skilled vendors with an industry rich experience, technically adept teams and a proven track record. A panel consisting of prominent CEOs, CIOs, industry analysts and CIOReviewIndia editorial team has meticulously researched and locked down on the final 10 vendors who we firmly believe can aid in helping businesses to bring in efficiency and productivity in fleet management.

We present to you CIOTechOutlook 10 Most Promising Vehicle Tracking Solution Providers - 2020.