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

October 2023 | 147 pages | ID: S7EBC672E64AEN
IMARC Group

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Market Overview:

The global smart tracker market size reached US$ 493.0 Million in 2022. Looking forward, IMARC Group 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:

IMARC Group 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?
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 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

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


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