The global smart tracker market size was US$ 583 million in 2021. The global smart tracker market size is forecast to reach US$ 1,655 million by 2030, growing at a compound annual growth rate (CAGR) of 12.6% during the forecast period from 2022 to 2030.
A tracker is an electronic tool or piece of software that finds lost or misplaced objects. A smart tracker is a more sophisticated tool or piece of software that works more effectively to do the same task. These days, technological devices can use to track objects as well as vehicles, animals, and children. Bluetooth, GPS, and radio frequency tracking technologies are the three main categories (RF). Due to their modest range and ability to operate underground or indoors, Bluetooth trackers are useful as key finders and household trackers. Compared to GPS trackers, these trackers are less expensive, more portable, lighter, and have longer battery life. Additionally, Bluetooth trackers are small and light enough to be attached to small objects like keys and fit neatly in a wallet or pocket.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Several governments worldwide imposed a lockdown in order to curb the virus from spreading. This caused the closure of many manufacturing and industrial sectors owing to a lack of labor and raw materials because of supply chain disturbance. In addition, the advent of work from home culture decreased the demand for tracking devices.
Regional Analysis
North America held dominance in the market in 2021 and is forecast to remain dominant during the forecast period. As a result of the rising demand for developed devices among the population, the existence of a high number of pet owners, and increased purchasing power among consumers.
The Asia Pacific region is forecast to have considerable growth during the forecast period. As a result of the increasing application of Artificial Intelligence, and the Internet of Things in countries such as China, Japan, South Korea, and India. In addition, rising awareness of smart trackers boosts the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global smart tracker market are:
Scope of the Report
The global smart tracker market segmentation focuses on Technology, Application, and Region.
Segmentation based on Technology
Segmentation based on Application
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL SMART TRACKER MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL SMART TRACKER MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL SMART TRACKER MARKET, BY TECHNOLOGY
5.1 OVERVIEW
5.2 BLUETOOTH
5.3 CELLULAR
5.4 GPS
5.5 OTHERS
6 GLOBAL SMART TRACKER MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 CONSUMER PRODUCTS
6.3 PETS
6.4 LUGGAGE
7 GLOBAL SMART TRACKER MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL SMART TRACKER MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
9 COMPANY PROFILES
9.1 CHIPOLO DOO
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.2 KALTIO TECHNOLOGIES OY
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.3 PB INCORPORATED
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.4 INNOVA TECHNOLOGY LLC
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.5 LUGLOC
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.6 MARS INCORPORATED
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.7 QORVO INCORPORATED
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.8 TILE INCORPORATED
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.9 SAMSUNG ELECTRONICS CO. LIMITED
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.10 TRACKR INCORPORATED
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
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