Yesterday Shenzhen Government released a study of the Shenzhen GPS Vehicle Tracking Systems market.  The study concluded that today over four million Shenzhen vehicles are equipped with a vehicle GPS tracking software. By 2017, the Shenzhen GPS Vehicle Tracking Systems market will expand to nearly nine million units in service, which is more than double the current amount of GPS vehicle tracking devices. Yearly hardware and service revenues are expected to grow to nearly 20 billion.

The study provides valuable information about the market for GPS fleet management, consumer stolen vehicle recovery and telematics solutions in each Shenzhen district. The study also provides an overview and data on the addressable market size, market penetration and trends, and projected market growth.