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Nishal S K

Tech-Powered, Future... • 22d

Is a GPS Tracker Business a Viable Opportunity? Let's Discuss! GPS tracking is widely used in logistics, security, and vehicle management. With evolving technology, is there still room for innovation? I want to explore whether starting a GPS tracker business is a valid opportunity and what real problems need solving. GPS tracking helps prevent theft, optimize fuel costs, monitor driver safety, and improve fleet management. However, challenges like high costs, limited accessibility, and data security remain. Innovation opportunities include AI-powered analytics, blockchain security, ultra-low-power devices, IoT integration, and flexible pricing. Yet, strong competition and data protection compliance are critical. I’d love to hear insights from the community: What gaps still exist in GPS tracking? Where do you see the most potential for innovation? Let’s discuss!

1 replies3 likes

Replies (1)

Sujith Raj

Hey I am on Medial • 21d

don't just sell the device , sell the service so you get monthly income rather than 1 time cost you can sell full analysis service to the car or bike rental company and we can make a wearable device for kids under 15 and old people over 75 soo the guardian can see where there are some raw ideas hope it is helpful to you.....

0 replies1 like

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