A GPS tracking system is an effective tool especially for the Fleet Management businesses. A right GPS tracker can go beyond ensuring safety by providing numerous other benefits to your fleet business.
Below the 9 ways how a GPS tracker can help in optimizing the usage of your vehicle fleet.
- Easily scalable
- Route optimization
- Identify the deviations
- Cover up the legal liabilities
- Spot the significant issues earlier
- Are the modifications working?
- Reliable data
- Emergency alerts
- Less is more
To learn more about this, check out our article : Fleet Management – Is GPS Tracking more effective for better results
Guardian feature of GPS fleet tracking: Geofence
Most of our clients pursue fleet tracking solutions because they doubt an employee or multiple staff are up to something unprofessional when they are on duty.
Let us tell you one such situation to support our claim, where, we were directly involved in helping one of our clients to stop the wrongdoings by one of their employee and with evidence.
The first move by our client, when they doubted an employee was wasting his time while on duty.
The next move was to track the vehicle driven by the employee, obviously and using the Stop reports data collected by Vamosys solutions, we were able to present the precise stop times to the client.
According to the new market research report "GPS Tracking Device Market by Type (Standalone Tracker, OBD Device & Advance Tracker), Deployment Type (Commercial Vehicle, Cargo & Container), Industry (Transportation & Logistics, Metals & Mining, and Construction) and Geography - Global Forecast to 2023", the GPS tracking device market is expected to reach USD 2.89 Billion by 2023, at a CAGR of 12.91% between 2017 and 2023.Factors that are driving the growth of the market include the increasing sales of commercial vehicles, small farm factor, affordable price, and high ROI.
Inquiry Before Buying- https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=142 Advance GPS tracker to hold the largest market share in the overall GPS tracking device market during the forecast periodThe growth of GPS tracking device market is driven by the growth of commercial fleet management and declining prices of GPS trackers.
Advance tracker is professionally installed in the commercial vehicles to provide engine diagnosis data and vehicle performance-related information in addition to basic function.
Browse and in-depth TOC on “Alarm Monitoring Market”63– Tables44– Figures142– Pages View more detailed TOC @https://www.marketsandmarkets.com/Market-Reports/global-GPS-market-and-its-applications-142.html “Commercial vehicle deployment type is expected to hold the largest market share in 2023” Deployment of GPS tracking device helps to track and monitor commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles.
These vehicles are loaded with valuable goods, and thus it is important to track and monitor these commercial vehicles.
“APAC region is expected to lead the GPS tracking device market between 2017 and 2023” APAC is an emerging market for GPS tracking devices.
Simply put, a GPS vehicle tracking system is simply a unit which uses the Global Positioning System (GPS) to identify and track the precise location of its carrier (usually an individual or vehicle).
The location is stored within a computer system and can be viewed online whenever needed.
This makes it easy to pinpoint the exact location of a vehicle at any time, from any place.
This reduces the amount of time that valuable cargo is away from the company, and decreases the amount of insurance premiums paid by the carriers.
Another benefit of GPS vehicle tracking systems is that they can also help reduce driver distraction while they are driving.
Many accidents occur when drivers are looking down their sights, rather than looking ahead to their surroundings.
