Asti Infotech

The worldwide Global Positioning System has evolved as the highly used technology trend in the past decade. The current market of GPS trackers has tremendously grown due to an arise in the need of these devices in almost all industries ranging from small start-ups to giant corporates. As per the global market survey, the GPS tracker devices have witnessed a revenue of USD 1.28 billion till the last 2016 and is expected to hit a higher rate of about USD 3.81 billion by the end of 2025. 12.9% is said to be the calculated average Compound Annual Growth Rate of the revenue. Factors Influencing the rise Logistics & shipping Recent years, there is an ascend in the mode of transport used for the commercial activities and ecommerce. Fleet management as a result is critical and hence GPS trackers come into picture to provide better solution. From exporting, until the time of importing the goods on delivery, every movement is recorded. GPS devices, also cut costs an

Do you know 1/3 rd of Cash Orders are not delivered? Shocking right!! But yet the real story of E-Commerce Business. Recent data from Narvar reveals to TOI that 1/3 rd of E-commerce Cash On delivery (COD) orders are not delivered. This adds to e-tailer costs and return of deliveries. Wondering how? Well the below factors tell you more about it. 1.       Cost ·        Non-availability of the consumer at the delivery location ·        The increased competition among E-Sellers has raised the demand for fast or on-demand delivery to retain customers puts greater strain on budgets. 2.       Transparency ·          Customers remain in the dark without knowing the movement of their shipment, accurate arrival time and much more. 3.       Efficiency ·          Movement of products to the right location at the right time is a prime challenge. 4.       Friction ·          Multiple orders placed by the same consumer delivered at different time ·