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Smart Tracker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 147 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5682400

Quick Summary:

Navigating the dynamics of the rapidly evolving smart tracker industry is increasingly crucial to strategic business operations. These devices, embedded in a range of products such as vehicles, wearables, and smart appliances, offer multifaceted capabilities including real-time data tracking, location services, and health monitoring. By leveraging the power of cellular networks, Bluetooth, and Global Positioning Systems (GPS), smart trackers extend transformative solutions that improve human activity tracking, enhance fleet performance, and ensure efficient file documentation.

Within the healthcare domain, the usage of smart trackers to track health metrics, including blood oxygen levels, heart rate, and sleep patterns is enabling better patient care and marking a positive trend for the market. Furthermore, these trackers are consistently integrated into PCs and laptops to offer innovative solutions such as location tracking during instances of theft or misplacement, further accentuating their significance. The advent of miniaturized smart trackers and innovative products with advanced features like AI-based sensors and voice recognition are contributing significantly to market growth. Rising digitalization, increasing adoption in smart homes, and growing consumer expenditure capacities are further fueling market expansion. With detailed examination of key market trends, technology and application breakups, and regional market performances, this report provides valuable insights to help you navigate and leverage the potential of the smart tracker market.

The global smart tracker market size reached US$ 493.0 Million in 2022. Looking forward, the analyst expects the market to reach US$ 988.8 Million by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2023-2028.

Smart trackers are electronic devices incorporated into specific equipment and household appliances, including vehicles, head-mounted displays, smart jewelry, implantable devices, fitness wearables, and smartwatches. They consist of sensors, embedded accumulators, internal storage, and microprocessors to receive and track real-time data. Smart trackers utilize technologies such as cellular networks, Bluetooth, and global positioning systems (GPS) to record information. They assist in monitoring human activity, including walking, running, sleep quality, and heart rate, locating the user, documenting and file tracking, improving fleet performance, and measuring vehicle utilization.

Smart Tracker Market Trends:

Significant growth in the healthcare industry across the globe is creating a positive outlook for the market. Smart trackers are widely used in health and fitness devices to monitor patients’ health, sleep pattern, blood oxygen, blood pressure, and heart rate. Additionally, the extensive product assimilation in smart devices to enhance their usability and provide a quality experience to users through data collection and analysis is favoring the market growth. Apart from this, the incorporation of smart trackers in personal computers (PCs) and laptops to enable location tracking during theft and misplacement is providing a considerable boost to the market growth. Furthermore, the introduction of miniaturized smart trackers that are easy to install in pacemakers, cellphones, smartwatches, computers, wearable devices, and defibrillators is positively influencing the market growth. Besides this, smart tracker vendors are launching innovative product variants with intuitive and advanced features, such as virtual assistance, voice recognition, and artificial intelligence (AI)-based sensors, which is propelling the market growth. Other factors, including the increasing digitalization, widespread product adoption in smart homes, and rising expenditure capacities of consumers, are anticipated to drive the market toward growth.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global smart tracker market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology and application.

Breakup by Technology:

  • Cellular
  • Bluetooth
  • GPS
  • UWB

Breakup by Application:

  • Consumer Products
  • Pets
  • Luggage
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Chipolo, Findster, iKON Tracker, Kaltio Technologies, Link AKC, Lugloc, Pebblebee, PitPatPet Inc, ThinkRace Technology Co. Ltd. and Tile Inc. (Life360 Inc.).

Key Questions Answered in This Report:

  • How has the global smart tracker market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart tracker market?
  • What are the key regional markets?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart tracker market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Smart Tracker Market

What is the estimated value of the Global Smart Tracker Market?

The Global Smart Tracker Market was estimated to be valued at $493 Million in 2022.

What is the growth rate of the Global Smart Tracker Market?

The growth rate of the Global Smart Tracker Market is 12.3%, with an estimated value of $988.8 Million by 2028.

What is the forecasted size of the Global Smart Tracker Market?

The Global Smart Tracker Market is estimated to be worth $988.8 Million by 2028.

Who are the key companies in the Global Smart Tracker Market?

Key companies in the Global Smart Tracker Market include Chipolo, Findster, iKON Tracker, Kaltio Technologies, Link AKC, Lugloc, Pebblebee, PitPatPet Inc, ThinkRace Technology Co. Ltd. and Tile Inc. (Life360 Inc.).

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Tracker Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Cellular
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Bluetooth
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 GPS
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 UWB
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Consumer Products
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pets
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Luggage
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Chipolo
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Findster
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 iKON Tracker
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Kaltio Technologies
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Link AKC
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Lugloc
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Pebblebee
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 PitPatPet Inc
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 ThinkRace Technology Co. Ltd.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Tile Inc. (Life360 Inc.)
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Smart Tracker Market: Major Drivers and Challenges
Figure 2: Global: Smart Tracker Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Smart Tracker Market: Breakup by Technology (in %), 2022
Figure 5: Global: Smart Tracker Market: Breakup by Application (in %), 2022
Figure 6: Global: Smart Tracker Market: Breakup by Region (in %), 2022
Figure 7: Global: Smart Tracker (Cellular) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Smart Tracker (Cellular) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Smart Tracker (Bluetooth) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Smart Tracker (Bluetooth) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Smart Tracker (GPS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Smart Tracker (GPS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Smart Tracker (UWB) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Smart Tracker (UWB) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Smart Tracker (Consumer Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Smart Tracker (Consumer Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Smart Tracker (Pets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Smart Tracker (Pets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Smart Tracker (Luggage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Smart Tracker (Luggage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Smart Tracker (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Smart Tracker (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: North America: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: North America: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: United States: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: United States: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Canada: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Canada: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Asia-Pacific: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Asia-Pacific: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: China: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: China: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Japan: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Japan: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: India: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: India: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: South Korea: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: South Korea: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Australia: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Australia: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Indonesia: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Indonesia: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Others: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Others: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Europe: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Europe: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Germany: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Germany: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: France: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: France: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United Kingdom: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United Kingdom: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Italy: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Italy: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Spain: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Spain: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Russia: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Russia: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Latin America: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Latin America: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Brazil: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Brazil: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Mexico: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Mexico: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Middle East and Africa: Smart Tracker Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Middle East and Africa: Smart Tracker Market: Breakup by Country (in %), 2022
Figure 71: Middle East and Africa: Smart Tracker Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Global: Smart Tracker Industry: SWOT Analysis
Figure 73: Global: Smart Tracker Industry: Value Chain Analysis
Figure 74: Global: Smart Tracker Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Smart Tracker Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Smart Tracker Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Smart Tracker Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Smart Tracker Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Smart Tracker Market: Competitive Structure
Table 6: Global: Smart Tracker Market: Key Players

Companies Mentioned

  • Chipolo
  • Findster
  • iKON Tracker
  • Kaltio Technologies
  • Link AKC
  • Lugloc
  • Pebblebee
  • PitPatPet Inc
  • ThinkRace Technology Co. Ltd.
  • Tile Inc. (Life360 Inc.)

Methodology

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