Market Overview:
The global smart tracker tag market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart tracking devices across different applications and regions. The global smart tracker tag market is segmented on the basis of type, application, and region. On the basis of type, the global smart tracker tag market is segmented into smartphone compatible, GPS enabled, and internet of things (IoT) compatible devices. Of these segments, GPS-enabled tags are expected to witness highest growth during the forecast period owing to their ability track objects in real-time without requiring any internet connection or cellular network coverage. On account of growing demand for IoT-enabled devices for various industrial applications such as supply chain management and fleet management, this segment is also projected to witness high growth in future years. On the basis of application, the global smart tracker tag market is divided into personal use and commercial use segments. Personal use includes tracking activities undertaken by individuals for safety or security purposes such as tracking children/elderly people or pets; while commercial use includes tracking activities undertaken by businesses for optimizing their operations such as asset management & theft prevention or delivery route optimization etcetera . Among these two segments , personal use held larger share in 2017and it will continue its dominance throughout 2030 owing rising adoption among consumers for safeguarding their loved ones .
Product Definition:
A Smart Tracker Tag is a small, battery-powered tag that emits an ultrasonic signal. The tag can be attached to an object and the signal can be detected by a receiver. The receiver then sends information about the object's location and movement to a computer or mobile device.
Smartphone Compatible:
Smartphone compatible is the technology that enables tracking of objects or individuals using a smartphone. The object or individual can be tracked by GPS, which is achieved through an application installed on the smartphone. Smartphones are increasingly being used in applications such as dog tracking and child tracking for locating a person or an object respectively.
The global smartphone compatible market size was valued at USD 1,099 million in 2015.
GPS Enabled:
GPS (Global Positioning System) is a satellite-based navigation system that provides information about the location of a particular point on Earth’s surface. The GPS enabled smart trackers tag acts as an electronic dog collar for tracking the movement of an individual. It consists of two parts, namely, “tracking device” and “monitoring device”.
Application Insights:
The key application segments include for families, for travelers and others. For families is expected to be the largest segment owing to increasing adoption of smart trackers among parents to monitor their childrens activities and location data. The growing use of these devices by parents as a tool to improve communication, reduce anxiety and keep an eye on kids is expected drive the segment growth over the forecast period.
For travelers is anticipated be one of the fastest-growing application segments due in large part with growing number of people traveling across various destinations globally which has led many companies including Microsoft, Fitbit, Garmin etc. into developing products specifically designed for this purpose such as IFTTT Smart Traveler Tracker which enables users send alerts when they are about to leave or arrive at a specific destination thus helping them prepare better for their travels thus driving its growth over the forecast period. Other applications include tracking livestock & animals; inventory monitoring; asset tracking; employee monitoring etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing smartphone penetration and high adoption of cloud-based services in the region. Moreover, rising concerns regarding fitness and health are anticipated to drive regional growth during the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing internet users, growing smartphone penetration, and rapid development of transportation infrastructure in economies such as China and India.
Europe accounted for a significant share of revenue generated by regions in 2017 due their large presence of technology companies that develop innovative products incorporating features such as GPS tracking system or mobile connectivity with real-time data transmission capabilities among others).
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for fitness and health-related applications, which are supported by these devices.
- Proliferation of IoT: The proliferation of IoT is another major growth driver for the smart tracker tag market. With the growing number of connected devices, there is an increasing need for tracking and managing these devices efficiently. This has led to a rise in demand for smart tracker tags that can help track and manage various types of IoT-enabled devices effectively.
- Growing popularity of location-based services: Location-based services (LBS) are becoming increasingly popular with consumers owing to their ability to provide personalized experiences based on user location data. This is driving demand for smart tracker tags that can provide accurate real-time location data, which can be used by LBS providers to enhance their offerings further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Tracker Tag Market Research Report
By Type
Smartphone Compatible, GPS Enabled, Internet of Things Compatible
By Application
For Families, For Travelers
By Companies
Tile, Samsung, Yepzon, Veriot
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Smart Tracker Tag Market Report Segments:
The global Smart Tracker Tag market is segmented on the basis of:
Types
Smartphone Compatible, GPS Enabled, Internet of Things Compatible
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Families, For Travelers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tile
- Samsung
- Yepzon
- Veriot
Highlights of The Smart Tracker Tag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smartphone Compatible
- GPS Enabled
- Internet of Things Compatible
- By Application:
- For Families
- For Travelers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Tracker Tag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Tracker Tag is a small, lightweight device that attaches to an animal's collar and transmits data about the animal's movements and activities. The tag can send information such as location, speed, direction, and time of day. This data can be used to track the animal's movements or monitor its health.
Some of the key players operating in the smart tracker tag market are Tile, Samsung, Yepzon, Veriot.
The smart tracker tag market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Tracker Tag Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Tracker Tag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Tracker Tag Market - Supply Chain
4.5. Global Smart Tracker Tag Market Forecast
4.5.1. Smart Tracker Tag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Tracker Tag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Tracker Tag Market Absolute $ Opportunity
5. Global Smart Tracker Tag Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Tracker Tag Market Size and Volume Forecast by Type
5.3.1. Smartphone Compatible
5.3.2. GPS Enabled
5.3.3. Internet of Things Compatible
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Tracker Tag Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Tracker Tag Market Size and Volume Forecast by Application
6.3.1. For Families
6.3.2. For Travelers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Tracker Tag Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Tracker Tag Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Tracker Tag Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Tracker Tag Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Tracker Tag Demand Share Forecast, 2019-2026
9. North America Smart Tracker Tag Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Tracker Tag Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Tracker Tag Market Size and Volume Forecast by Application
9.4.1. For Families
9.4.2. For Travelers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Tracker Tag Market Size and Volume Forecast by Type
9.7.1. Smartphone Compatible
9.7.2. GPS Enabled
9.7.3. Internet of Things Compatible
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Tracker Tag Demand Share Forecast, 2019-2026
10. Latin America Smart Tracker Tag Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Tracker Tag Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Tracker Tag Market Size and Volume Forecast by Application
10.4.1. For Families
10.4.2. For Travelers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Tracker Tag Market Size and Volume Forecast by Type
10.7.1. Smartphone Compatible
10.7.2. GPS Enabled
10.7.3. Internet of Things Compatible
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Tracker Tag Demand Share Forecast, 2019-2026
11. Europe Smart Tracker Tag Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Tracker Tag Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Tracker Tag Market Size and Volume Forecast by Application
11.4.1. For Families
11.4.2. For Travelers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Tracker Tag Market Size and Volume Forecast by Type
11.7.1. Smartphone Compatible
11.7.2. GPS Enabled
11.7.3. Internet of Things Compatible
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectins by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Tracker Tag Demand Share, 2019-2026
12. Asia Pacific Smart Tracker Tag Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Tracker Tag Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Tracker Tag Market Size and Volume Forecast by Application
12.4.1. For Families
12.4.2. For Travelers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Tracker Tag Market Size and Volume Forecast by Type
12.7.1. Smartphone Compatible
12.7.2. GPS Enabled
12.7.3. Internet of Things Compatible
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Tracker Tag Demand Share, 2019-2026
13. Middle East & Africa Smart Tracker Tag Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Tracker Tag Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Tracker Tag Market Size and Volume Forecast by Application
13.4.1. For Families
13.4.2. For Travelers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Tracker Tag Market Size and Volume Forecast by Type
13.7.1. Smartphone Compatible
13.7.2. GPS Enabled
13.7.3. Internet of Things Compatible
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Tracker Tag Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Tracker Tag Market: Market Share Analysis
14.2. Smart Tracker Tag Distributors and Customers
14.3. Smart Tracker Tag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tile
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yepzon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Veriot
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
