Use Of GPS Tracking Devices Expected To Increase
2010 Will See Growth In Surveillance Technology
Since President Bill Clinton passed the Selective Availability Act near the end of the 20th century the number of GPS tracking systems being used by consumers has increased significantly year-after-year. The Selective Availability Act, which allowed consumers to have access to the same highly accurate GPS data that was once only reserved for military applications, opened the doors to engineers and businessmen working in the field of GPS technology everywhere. The GPS industry began to boom with many companies turning from small enterprises to multi-million dollar businesses. Navigational GPS systems drew the first interest of consumers, but now it is GPS tracking technology that is receiving the buzz as the devices have become more affordable and consumer-friendly. With the increased popularity of GPS tracking devices, it is estimated that 2010 will be the biggest year for sales of GPS monitoring equipment to date.
As the Great Recession appears to be concluding, gas/oil prices are beginning to rise again. Companies can lose hundreds of thousands of dollars annually from excessive fuel usage, making fleet management a serious concern for many companies. This is one of only many reasons why businesses with mobile resources continue to invest in GPS tracking system technology. From employee accountability and routing to improving customer service and fleet management operations, businesses have everything to gain from adopting a GPS tracking plan.
From the consumer perspective, GPS technology can help parents monitor teen driving habits, document mileage for a home business, assist concerned families to ensure an elderly member is not lost and more. With the average cost of a tracking system now falling below $200.00, it is only a matter of time before GPS tracking devices are common technological household items.
Sales for GPS trackers will continue to grow at a rapid rate as businesses with mobile assets continue to improve internal operations, and consumers continue to improve family security. There is no doubt that in the near future every city, company and teen vehicle will be equipped with a tracker.