Gone are those days when vehicle tracking solutions were only meant for military purposes. Though the concept of vehicle tracking solutions is not new, with the advantage of technology and innovations, these solutions have become an integral part of everyone’s life.
Wondering why these solutions have gained so much popularity and rising in demand?
Well, with the global expansion of fleet operations in various developing countries and following the law of installing a fleet monitoring system in both commercial and passenger vehicles, the demand for vehicle tracking solutions is suddenly touching the sky.
According to the market survey, the global vehicle tracking system market was valued at $17.37 billion in 2020 and is expected to reach $109.95 billion by 2030. The market has predicted to grow at a CAGR of 19.7% from 2021 to 2030.
As a vehicle tracking system can help businesses to track the real-time movement and location of their fleets, therefore, these solutions are becoming popular among fleet managers. So whether you have one or multiple vehicles, a real-time vehicle tracking solution can help you keep the track of your assets efficiently.
If you are still managing the entire fleet system with manual methods, then it’s high time to look for GPS drive Vehicle monitoring solutions.
But before that many of you are having doubts that what exactly it is and how it works…Let’s get into the deep.
What Is GPS Vehicle Tracking Solution?
The GPS vehicle tracking system is a complete fleet management, monitoring, and security system. With the use of various modern technologies like GPS and other satellite-based navigation systems, this system is used to detect the location of a vehicle or other valuable asset.
For both personal and professional reasons, it’s critical to keep track of the precise position and condition of any vehicle transporting priceless items. Using the GPS vehicle tracking solution is a sensible decision for remote monitoring and management of the asset/vehicle from a mobile device, tablet, or online computer.
If you are into fleet management business, then using a GPS Vehicle tracking solution is quite important to keep a secret eye on your vehicle. Learn here, how does it work?
How Do Vehicle Tracking Solutions Work?
Though understanding the workflow of vehicle tracking solutions is a bit technical. So let’s check out how these systems work and what technology they use to track the real-time location of the fleets..
Majorly Relying on GPS Satellites for Gathering Data!
Vehicle tracking solutions typically work by utilizing GPS technology to gather location data from GPS satellites. GPS tracking devices, which are installed in vehicles, receive signals from multiple satellites and use triangulation to determine the precise location of the vehicle. This location data, along with other information such as speed, direction, and time, is then transmitted to a central server via cellular or satellite communication.
Easy Accessibility of Data Over Multi-Platforms!
The central server collects and processes the data, making it accessible to authorized users through a web-based or mobile interface. Fleet managers or other authorized personnel can then view the real-time location and status of vehicles on a map, as well as access historical data for analysis and reporting.
Supporting Features That Make These Solutions a Winning Choice for Fleet Managers!
Some advanced vehicle tracking solutions may also include additional features such as geofencing, which allows setting up virtual boundaries and receiving alerts when a vehicle enters or exits a designated area, and telematics data collection, which gathers information on vehicle performance, fuel consumption, driver behavior, and more.
In a Nutshell…
Overall, vehicle tracking solutions rely on GPS technology, wireless communication, and centralized data processing to provide real-time visibility and insights into the location, movement, and performance of vehicles in a fleet.
Knowing this, many of you start looking for a Software Development Company in the UK to create a vehicle tracking solution. But before that, let’s understand how GPS technology is revolutionizing the vehicle tracking industry…
The Revolutionizing Impact of GPS Technology on Vehicle Tracking Solutions
Gone are the days of guessing where your vehicles are or relying on time-consuming phone calls to drivers for updates. Thanks to the revolutionary impact of GPS on Vehicle Tracking Systems (VTS), this futuristic vision has become a reality, transforming the way vehicles are monitored, managed, and optimized.
With GPS-based vehicle tracking solutions, businesses now have a bird’s eye view of their entire fleet, right at their fingertips. They can easily track the location, speed, and direction of their vehicles in real time, all displayed on a user-friendly interface. It’s like having a superpower that lets you keep tabs on your vehicles from anywhere, at any time.
According to the market report, the GPS/satellite is projected as the most lucrative segment in vehicle tracking systems that allows these solutions to go beyond just knowing where your vehicles are.
Let’s check out the major impacts of GPS on Vehicle Tracking Solutions:
Real-Time Tracking: GPS-based Vehicle Tracking Systems allow businesses to track the location, speed, and direction of their vehicles in real time, providing a bird’s eye view of the entire fleet at their fingertips.
Improved Efficiency: Optimized routes based on GPS data help businesses plan the most efficient routes, avoiding traffic congestion and minimizing fuel consumption, resulting in cost savings and timely deliveries.
Enhanced Safety and Security: GPS enables monitoring of driver behavior, promoting safe driving practices and preventing accidents. It also allows for quick response and location-based assistance in emergencies and helps in theft prevention with real-time tracking of stolen vehicles.
Better customer service: If you are in the ride-hailing business or offering taxi rental services, then assuring accurate and real-time information about the location and estimated arrival time of vehicles is important to the customers. That’s where GPS technology enables better communication with customers, improving customer satisfaction by offering real-time tracking of the fleets.
Compliance and Accountability: Apart from just offering the real-time location of the vehicle, GPS allows businesses to monitor driver behavior, adherence to speed limits, and compliance with route plans, ensuring compliance with regulations and policies.
Advanced Analytics and Reporting: GPS-based VTS provides valuable insights into vehicle performance, driver behavior, and fuel consumption through advanced analytics and reporting capabilities, helping businesses make data-driven decisions for better outcomes.
Streamlined Fleet Management: GPS in Vehicle tracking solutions acts as a powerful tool for businesses to manage their fleet efficiently, providing real-time tracking, improved safety and security, cost savings, customer service, compliance, accountability, and advanced analytics capabilities.
This is how GPS technology is empowering Vehicle Tracking solutions and ensuring better tracking systems for businesses. Before you look straight into “Smart Vehicle Tracking Solutions”, many of you are curious to know where exactly these solutions are worthy to implement…
Use Cases Of GPS Vehicle Tracking Systems
GPS vehicle tracking solutions are quickly changing the landscape of various industries and providing much more advanced ways of managing and monitoring fleets. With the implementation of GPS technology into vehicle tracking solutions, more and more industries are leveraging this powerful tool to improve efficiency, safety, and customer service.
So let’s take a closer look at some of the industries that can benefit from GPS vehicle tracking solutions:
Transportation and Logistics Industry
The GPS vehicle tracking solutions have revolutionized the transportation and logistics industry by providing real-time visibility and control over fleets. With a GPS tracking system, fleet managers can better optimize routes, monitor vehicle performance, and enhance driver safety.
According to the market survey report, the global vehicle tracking system market is expected to reach $109.95 billion by 2030 and grow at a CAGR of 19.7% from 2021 to 2030.
By leveraging the power of GPS, the transportation and logistics industry has seen significant improvements in efficiency, productivity, and profitability, making it an invaluable tool for modern fleet management.
GPS Fleet Management Solutions
The fleet management industry has undergone a monumental transformation with the advent of GPS vehicle tracking systems. These cutting-edge technologies have revolutionized the way businesses manage their fleets, offering a plethora of benefits that can greatly impact their bottom line. Here’s how:
- By tracking, examining, and managing their fleets much more efficiently.
- With these solutions, businesses can get real-time fleet information which helps in mapping routes, pick & drop, and shows the availability of the vehicles.
Asset Management Solution
Businesses from across the world are using GPS-driven vehicle tracking solutions to keep a track of their valuable assets. It allows businesses to improve asset security by monitoring and managing assets in real-time. Here are a few advanced features that offer better security and asset monitoring.
- Engine On/Off Detection
- Door Close/Open Detection
- Sending over-speed alert
- Low power or power failure alert
Car Rental and Ride-Sharing Businesses
Vehicle tracking solutions can greatly benefit car rental and ride-sharing businesses by providing real-time visibility and control over their fleet of vehicles. With vehicle tracking, businesses can monitor the location, speed, and other important metrics of their vehicles, ensuring that they are being used efficiently and safely.
This helps optimize fleet operations, reduce fuel costs, prevent unauthorized use, and improve customer service through accurate tracking of vehicle arrivals and departures. Additionally, vehicle tracking solutions provide valuable data and analytics that can be used for route optimization, maintenance scheduling, and driver performance evaluation, leading to increased operational efficiency and cost savings.
Overall, vehicle tracking solutions offer car rental and ride-sharing businesses improved fleet management, increased safety, and enhanced customer satisfaction.
These are the few major industries using GPS vehicle tracking solutions to monitor and optimize the performance of their fleets and get real-time location information. Apart from these industries, emergency services, mining companies, educational institutions, restaurants, and travel agencies can also use these solutions.
Major Challenges Encountered By Fleet Managers Without GPS Trackers
Vehicle management whether it’s for logistics, car rental, transportation, or any other related business, requires constant monitoring and careful supervision over driver’s activities and fleet movement. Without having a GPS fleet management solution, business owners have to rely on the drivers to get the location of the fleets.
So if you are still wondering why smart vehicle tracking solutions are catching the hype, then you need to check out the major problems faced by fleet managers without having the right system in place.
Delay in Communication and Seeking Help in Case of Malfunction or Accident!
Without GPS trackers, fleet managers may face challenges in promptly communicating and sending help in case of vehicle malfunctions or accidents. GPS trackers provide real-time location data, allowing fleet managers to quickly identify the exact location of a vehicle in distress and take appropriate action.
Without this capability, fleet managers may experience delays in reaching out for assistance, which can result in increased downtime for the affected vehicle, potential safety risks for the driver and passengers, and increased costs for repairs or recovery.
Malpractices, Rerouting, and Unwanted Stoppages May Occur Often and Remain Unnoticed!
With the lack of GPS trackers, it is hard to get real-time visibility into such incidents, leading to potential misuse of company resources, unauthorized use of vehicles, and increased fuel costs. This lack of oversight can result in inefficiencies, increased operational costs, and reduced productivity.
That’s where GPS Vehicle tracking solutions enable fleet managers to monitor the movements and activities of their vehicles in real time, helping them detect and prevent malpractices, unauthorized rerouting, and unwanted stoppages.
Inappropriate Route Planning Due to Lack of Historical Trip Data!
One of the biggest challenges that fleet managers may have to come across is accessing accurate historical trip data which ultimately makes it challenging to plan routes efficiently. This can result in inefficient routing, increased fuel consumption, and longer travel times, impacting the overall performance of the fleet.
In that case, having GPS trackers can be a great deal as it helps collect and store historical trip data, which fleet managers can analyze to optimize route planning and make informed decisions on routing, scheduling, and resource allocation.
Lack Of Mental Peace and Stressful Situation For Fleet Managers
Whether its about managing a single vehicle or multiple fleets, it can be a stressful and demanding job. And without the support of GPS trackers, fleet managers may face increased stress and anxiety.
The lack of real-time visibility into the location and activities of their vehicles can create uncertainty and increased workload for fleet managers, leading to panic mental health and stressful situations.
This can result in reduced job satisfaction, increased absenteeism, and decreased productivity, which can negatively impact the overall performance of the fleet management team.
Benefits Of Using GPS Vehicle Tracking System
Fleet management is quite a complicated task especially when there is a lack of real-time visibility of fleets. So, we have looked for GPS vehicle tracking solutions and their use cases. Now let’s quickly jump on some essential benefits of using GPS Vehicle Tracking Solution for fleet management business.
GPS Vehicle Tracking Solution Ensures Better Fleet Management
GPS vehicle tracking systems provide real-time visibility into the location and status of vehicles in a fleet, allowing for effective fleet management. Fleet managers can monitor routes, optimize schedules, and make informed decisions to increase operational efficiency, reduce fuel consumption, and minimize vehicle wear and tear.
Improve Security of Valuable Assets and Fleets With GPS Tracking Solutions
Fleet managers can protect their fleets against theft and unauthorized use of vehicles with real-time tracking and alerts. The GPS vehicle tracking solutions quickly respond to suspicious activities and allow for timely recovery of stolen vehicles and prevention of thefts. This helps reduce insurance costs and ensures the safety of valuable assets.
Data-Driven Fleet Performance Assessment Becomes Possible With Vehicle Tracking Solutions
GPS tracking systems provide a historical location and vehicle-based data for all vehicles in a fleet, which can be used to assess fleet performance over time. Advanced fleet management systems utilize artificial intelligence and data analytics to process this data into meaningful insights. Fleet managers can use trend lines, interactive dashboards, advanced reports, and planned vs. actual Service Level Agreement (SLA) comparisons to assess overall fleet and driver performance.
How To Choose The Right GPS Vehicle Tracking System For Your Business and What Features It Should Have?
Developing a GPS vehicle tracking system is a complex task. So to make it simple you can look for a software development company in the UK that can help you translate your app idea into a robust product. But still to have an idea, here we have listed a few major things that help you choose the right Vehicle Tracking Solution for your business.
Define Your Objectives and Analyze Market Competition
Instead of just rushing to install a GPS vehicle tracking solution, take a moment and understand your business requirements. For what purposes you are developing a GPS vehicle tracking solution?
- Is it for car rental, logistics, and transportation, or the oil and mining business?
- Also, just remember, what type of fleets you are operating and what size of vehicles you have.
- The choice of GPS vehicle tracking solution is also depending upon the industry you are operating in and the specific challenges that you may need to address.
In that case, you can look for competitors using GPS trackers for managing their fleets and get influence from them.
Evaluate the Features
You can look for the essential features that may help you address the challenges you shall encounter. To create a GPS vehicle tracking solution, you can consider including advanced features such as real-time tracking, historical data storage, customized reporting, alert and notifications, driver performance monitoring, geofencing, and more. Choose a solution that offers you the best set of features and is easily aligned with your business needs.
Choose Simple User-Interface
A user-friendly interface and ease of use are important factors to consider. Look for a system that is easy to install, set up, and navigate. A well-designed user interface can save time and effort in managing the system and accessing critical information.
Check System Integration Capabilities
Integration with other business systems or applications can streamline operations and improve efficiency. Check if the GPS vehicle tracking system offers integration capabilities with other relevant systems, such as fleet management software, dispatch systems, or CRM platforms.
Consider App Development Cost and ROI
Evaluate the overall cost of developing a vehicle tracking solution, including hardware, software, installation, and ongoing subscription or maintenance fees. Consider the return on investment (ROI) potential of the system, including cost savings from optimized operations, improved productivity, and better customer service.
Conclusion: How Do Hidden Brains UK Helps You Build GPS Vehicle Tracking Solution ?
Hopefully, with this blog guide, you have got an idea that how GPS vehicle tracking solutions are transforming the fleet management industry. If you are also looking to start a fleet management business or facing issues in monitoring multiple vehicles, then look for a software development company in the UK.
When it comes to getting started with a solution, Hidden Brains can be your ultimate platform to hire resources and build customized GPS vehicle tracking solutions that are aligned with your business requirements.
They have a team of experts who will help you integrate all the latest features in your solutions that ensure better productivity, real-time monitoring, advanced business analytics, and more. With this solution, businesses can make better real-time decisions and be able to locate their fleets and optimize routes.
So if you are all set to take your business to a new level, then you can contact us or drop a query below for real estimations and details.
How To Create a Vehicle Tracking Solution That Ensures Real-Time Tracking?
To create a vehicle tracking solution that ensures real-time tracking, you need to integrate a GPS device with cellular connectivity to transmit location data in real time to a central server. The server should have robust processing capabilities to handle incoming data and provide real-time updates to the tracking application or platform.
What Are the Must-Have Features To Create GPS Vehicle Tracking Solution?
Must-have features to create a GPS vehicle tracking solution include real-time tracking and monitoring, geofencing for setting up virtual boundaries, alerts and notifications for events such as speeding or unauthorized vehicle use, route optimization for efficient navigation, historical data analysis for insights and reporting, and mobile applications for on-the-go access.
What are the Modern Technologies Used In GPS Tracking Solutions?
Modern technologies used in GPS tracking solutions include GPS (Global Positioning System) for accurate location tracking, cellular networks for data transmission, IoT (Internet of Things) for device connectivity, cloud computing for data storage and processing, big data analytics for insights, and AI/ML (Artificial Intelligence/Machine Learning) for automation and predictive analytics.
How Much Does It Cost To Create a GPS Vehicle Tracking Solution?
The cost of creating a GPS vehicle tracking solution can vary depending on various factors such as the complexity of the solution, the features included, the hardware and software components used, the scalability and customization requirements, and the development team’s rates. It is best to consult with a software development company in the UK to get a detailed quote based on your specific business requirements.
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