According to our latest research, the global Fleet Tracking Systems market size reached USD 25.8 billion in 2024, with a robust year-on-year growth driven by the increasing demand for real-time fleet management and operational efficiency across industries. The market is projected to expand at a CAGR of 13.2% during the forecast period, with a forecasted market size of USD 66.8 billion by 2033. This remarkable growth is primarily attributed to the integration of advanced telematics, IoT-based solutions, and the rising focus on regulatory compliance and safety standards within the transportation and logistics sectors. As per our latest research, the market continues to benefit from the rapid digital transformation and the proliferation of connected vehicles worldwide.
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