GPS tracking is definitely taking off nowadays, with smaller, more affordable GPS tracking devices allowing consumers to track their valuables, or businesses to keep track of their fleets and related activities.
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The GPS tracking market is booming. Security Industry Organization (ISIO) has estimated that the market should exceed 70 billion dollars by the year 2020. As prices for global positioning service trackers drop, more and more businesses are installing them to track their fleets of vehicles.
Are you a fleet manager? If yes, you might have a long wish list for your business. Your list may include things such as meeting compliance standards, reducing fuel costs across your whole fleet, and improving your fleet’s safety record. The good news is that you can accomplish all these goals with telematics.