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15 million vehicles to be tracked by 2012

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TrackCompare, July 20, 2009
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Vehicle tracking sales are due to hit 3 billion Euros by the year 2012, even with the down turn in the economy there has been a rapid growth in the tracking industry.

Many people believe tracking systems help their companies save money and improve efficiently. During the down turn in the world economy tracking companies have bucked the trend and seen big profits in their industry, as companies have invested in tracking systems to save money. Research predicts by 2012 more than 15 million cars, vans and trucks will have tracking systems installed.

Tracking is used for a variety of uses, but by far the most popular use is by companies using it for fleet tracking. This appears to be the most successful application of this form of technology so far.

Other uses for tracking technology are being applied to people tracking, pet tracking and also tracking of products. These uses are expected to see huge growth in the coming years.

Tracking companies are predicting a huge growth in the tracking of people. Business men, women their families are at risk of kidnap in many areas of the world and tracking could be the answer in minimizing the risk. Potential profits in this area could be the next big thing.

 
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User Comments:

  1. From: Justin Clark

    Having worked in a number of dangerous countries, i know the tracking of business people would be a fantastic area for tracking companies to concentrate.


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