The growing demand for electric vehicles due to the rising concern for the environment is are encouraging the adoption of vehicle tracking system. It is expected to fuel the market growth. In the years to come, the surge in the production of commercial and passenger vehicles due to their growing demand as urban population expands, can catalyse the growth of the global Vehicle Tracking System Industry.
The integration of artificial intelligence in hyper cars can influence the sales of these cars. The software can assist drivers with their travel and maintain speeds according to speed limits specified by various countries. The interest of prime car makers for implementation of the technology in future hyper cars can augur well for the market in the coming years.