USD 372.03 Million Growth in Smart Tracker Market Size with 36% Growth from North America

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Market segment highlights:

The smart tracker market report is segmented by Technology (Bluetooth, cellular technology and GPS), Application (consumer products, pets and luggage) and Geography (North America, EuropeAPAC, MEA, and South America).

  • Revenue Generating Segment: The growth of the smart tracker market share in the Bluetooth segment will be significant during the forecast period. Bluetooth is the most popular technology used by smart trackers. This is mainly due to the use of these devices to locate lost or misplaced items within a radius or area. This segment will retain the major market share throughout the forecast period due to the large variety of items it can be used to track, including pet and luggage trackers.
  • Regional Opportunities: 36% of market growth will come from North America during the forecast period. The US is the leading market for the smart tracker market North America. Market growth in this region will be slower than market growth in Europe. Increasing spending of the pet industry will facilitate the growth of the smart tracker market in North America during the forecast period.

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Seller landscape

The smart tracker market is fragmented and vendors are using increasing investment in R&D growth strategies to compete in the market.

To make the most of the opportunities and recover from the impact after COVID-19, market vendors should focus more on growth prospects in fast-growing segments while maintaining their positions in slow-growing segments.

Smart Tracker Market Forecast Report provides in-depth insights into key vendor profiles. The profiles include information on the production, sustainability and prospects of the leading companies.

Some companies mentioned with their offers

    • Chipolo doo: The company offers two models of trackers which include Chipolo ONE and Chipolo CARD
    • Innova Technology PTE Ltd.: The company offers Bluetooth trackers for valuables and mobile phones and the models offered by the company include Protag G1, Protag Elite and Duet.
    • Kaltio Technologies Oy: The company offers Bluetooth-based smart trackers that are used to track personal valuables, shipments and products on construction sites.
    • LugLoc: The company offers smart luggage trackers, called Lugloc
    • Mars Inc.: The company offers pet trackers through its subsidiary Whistle Labs Inc.
    • PB Inc. dba Pebblebee: The company offers various models of wallet, phone and other valuable trackers, including Pebblebee Finder 2.0, Pebblebee BlackCard, Pebblebee Finder, Pebblebee Honey, Pebblebee Stone and Pebblebee BlackCard + EZGO.
    • Samsung Electronics Co. Ltd.
    • Smart Tracking Technologies LLC
    • Tile Inc.
    • TrackR Inc.
  • Access extensive vendor profiles with their top offers, Download the sample PDF

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Smart Tracker Market Scope

Report coverage

The details

Page Number

120

Base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of over 8.22%

Market growth 2021-2025

372.03 million dollars

Market structure

Fragmented

Annual growth (%)

7.76

Regional analysis

North America, Europe, APAC, MEA and South America

Making a contribution to the market

North America at 36%

Main customer countries

USA, Germany, Japan and China

Competitive landscape

Major companies, competitive strategies, extent of customer engagement

Profiled companies

Chipolo doo, Innova Technology PTE Ltd., Kaltio Technologies Oy, LugLoc, Mars Inc., PB Inc. dba Pebblebee, Samsung Electronics Co. Ltd., Smart Tracking Technologies LLC, Tile Inc. and TrackR Inc.

Market Dynamics

Parent market analysis, market growth drivers and restraints, fast and slow growing segment analysis, impact of COVID 19 and future consumer dynamics, and market state analysis for the forecast period.

Customization field

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

  • Executive Summary
  • Market landscape
  • Market size
  • Five Forces Analysis
  • Market segmentation by technology
  • Market Segmentation by Application
  • The customer landscape
  • Geographical landscape
  • Seller landscape
  • Seller Analysis
  • ANNEX

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