PUBLISHER: TechNavio | PRODUCT CODE: 1151656
PUBLISHER: TechNavio | PRODUCT CODE: 1151656
Technavio has been monitoring the personal safety tracking devices market and is poised to grow by $650.34 mn from 2023-2027, accelerating at a CAGR of 9.56% during the forecast period. Our report on the personal safety tracking devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing product launches, a growing need for personal safety, and an increasing number of dual-income households with children.
Technavio's personal safety tracking devices market is segmented as below:
By Technology
By Distribution Channel
By Geographical Landscape
This study identifies the growing popularity of two-way voice communication-based personal safety tracking devices as one of the prime reasons driving the personal safety tracking devices market growth during the next few years. Also, an increase in government initiatives to ensure the personal safety of citizens and rising demand for personal safety tracking devices with innovative features will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal safety tracking devices market vendors that include AllsWell LLC, Amber Alert GPS Inc., Angel Sense Ltd., BrickHouse Security, Cosmo Technologies Inc., Globalstar Inc., GTX Corp., Hareau SAS, KJB Security Products Inc., Letstrack Tech Pvt. Ltd., Location Based Technologies Inc., RACELOGIC Ltd., Shenzhen Concox Information Technology Co. Ltd., Spytec GPS Inc., T Mobile US Inc., TheSecurityDevice, Tile Inc., Trackimo Inc., and Trakbond. Also, the personal safety tracking devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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