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Personal Safety Tracking Devices Market by Technology, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

  • Published: Nov 2022
  • Pages: 153
  • SKU: IRTNTR40794
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The personal safety tracking devices market is estimated to grow at a CAGR of 9.56% between 2022 and 2027. The size of the market is forecast to increase by USD 650.34 billion.The growth of the market depends on serval factors, including increasing product launches,growing need for personal safety and i increasing number of dual-income households with children.

This report extensively covers market segmentation by technology (gps and bluetooth), distribution channel (offline and online), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

 What will the Size of the Personal Safety Tracking Devices Market be During the Forecast Period?

Personal Safety Tracking Devices Market Size

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Parent Market Analysis

Technavio categorizes the global personal safety tracking devices market as a part of the  Personal Products & within the global Consumer Staples industry. The parent global personal products market covers products and companies engaged in research and development (R&D) and the production of personal and beauty care products, including cosmetics and perfumes. The scope of the global personal products market also includes personalized gifts, sleep masks, sex toys, hair wigs and extensions, and polarized sunglasses markets. Technavio calculates the global household and personal products market size based on the combined revenue generated by manufacturers of these products. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Personal Safety Tracking Devices Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing number of new product launches is notably driving the personal safety tracking devices market growth, although factors such as the increasing availability of substitutes may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Personal Safety Tracking Devices Market Driver 

The increasing number of new product launches is a key factor driving the global personal safety tracking devices market growth. Vendors operating in the market are focusing on expanding their product lines by launching new variants of personal safety tracking devices. By doing so, they are trying to increase their market share and achieve competitive advantages in the market. Some of the vendors are launching cost-effective models of personal safety tracking devices to encourage price-conscious consumers to buy them. Therefore, the increasing availability of new types and models of personal safety tracking devices will encourage customers to buy them, which, in turn, will drive the growth momentum of the market in focus during the forecast period.

Key Personal Safety Tracking Devices Market Trend

The growing popularity of two-way voice communication-based personal safety tracking devices will fuel the global personal safety tracking devices market growth. Personal safety tracking devices enable end-users to get help no matter where they are. In the event of an emergency, end-users may not have sufficient time to use their smartphones to get help. As many emergencies happen without warning, end-users require more advanced personal safety tracking devices with additional features. Personal safety tracking devices with two-way voice communication are one such device that provides added benefits to end-users. Most of these devices have an additional emergency or panic button to help the wearer to raise an alert instantly in case of an emergency. The device is equipped with a showerproof button that allows the wearer to alert others when there is an emergency. Also, Concox Information Technology offers a personal safety tracking device that provides a thumb-sized button, which allows urgent calls to be made during an emergency. Such factors will attract more end-users to buy personal safety tracking devices, which, in turn, will drive the growth of the market during the forecast period.

Key Personal Safety Tracking Devices Market Challenge

The increasing availability of substitutes is a major challenge to the global personal safety tracking devices market growth. There are certain other smart devices, such as smartwatches and shoes, available in the market. Through these products, individuals can share their real-time locations with parents, friends, and others. These products include smartwatches and smart shoes. These products also provide additional benefits to users, along with location tracking. For instance, a small GPS tracker inserted in smart shoes allows parents to find their child's location at any time. Also, parents can virtually set the activity area through apps and will receive an SMS or alarm when their children leave those areas. The availability of such multifunctional shoes can affect the sales of personal safety tracking devices during the forecast period. Also, smartwatches can be used for tracking the location of people and ensuring their safety. Thus, the launch of new variants of multifunctional smartwatches can negatively impact the sales of personal safety tracking devices, which, in turn, will hinder the potential growth of the market during the forecast period.

Key Personal Safety Tracking Devices Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Personal Safety Tracking Devices Market Share by Geography

Global Personal Safety Tracking Devices Market Customer Landscape

 

Who are the Major Personal Safety Tracking Devices Market Vendors?                                     

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • amberalertgps.com - The company offers personal safety tracking devices such as Active Halo. Also, through this segment, the company offers GPS devices.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

 

  • 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.
  • Trakbond

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Personal Safety Tracking Devices Market?

The market share growth by the GPS segment will be significant during the forecast period. GPS personal tracking devices are more popular than Bluetooth personal tracking devices. One of the factors that are responsible for the growing popularity of GPS personal tracking devices is their unlimited range and their ability to track the location of the wearer of the device anywhere on the globe, wherever GPS signals are available. GPS personal tracking devices can link up with satellites to calculate the real-time location of the wearer of the device, upload the location data via the Global System for Mobile (GSM), and display the location to users through software or an app. Hence, these factors aid in finding children and other wearers of these devices easily during emergencies. Some of the prominent vendors offering GPS personal tracking devices in the global market are Amber Alert GPS, Angel Sense, and WTS Positioning Solutions. 

Personal Safety Tracking Devices Market Size

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The GPS segment showed a gradual increase in market share from USD 429.14 million in 2017 and continued to grow by 2021. The GPS personal tracking devices segment is also witnessing certain challenges. One of the factors is the availability of accurate or correct GPS signals during adverse climatic conditions. Also, it is possible that when a battery-operated GPS personal safety tracking device is cold due to unfavorable weather conditions, it can emit less power, resulting in signal degradation. Also, there are chances that GPS personal tracking devices can be hacked into, which may allow hackers to obtain the real-time GPS coordinates of a personal safety tracking device remotely by sending a short message service (SMS) to the mobile phone number associated with the subscriber identity module (SIM) card, which provides both the data and SMS capabilities to the device. Hence, these factors may discourage end-users from buying such products, which, in turn, will hinder the potential growth of the GPS segment of the market in focus during the forecast period. Furthermore, our report provides a brief analysis of the historical and forecast market share and their segments along with the reasons for growth from 2017 to 2027. The growth of this segment is primarily attributed to the increasing adoption of Personal Safety Tracking Devices, which is driven by an increase in the global demand for the personal safety tracking devices industry.

 

Which are the Key Regions for the Personal Safety Tracking Devices Market?

Personal Safety Tracking Devices Market Share by Geography

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North America is projected to contribute 43% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The US is the leading market for personal safety tracking devices in the region. GPS personal safety tracking devices are popular in the region when compared with Bluetooth personal safety tracking devices. The availability of well-developed Internet infrastructure in the region also ensures that end-users get rapid updates of GPS coordinates from personal safety tracking devices. Several government organizations in the region are taking initiatives to enhance the personal safety of children by using personal safety tracking devices.

Hence, the growing concerns over the safety of children with autism and the increasing number of initiatives to distribute personal safety tracking devices are contributing to the growth of the market in focus in the region. Some of the prominent vendors that offer personal safety tracking devices in the region are Amber Alert GPS, Angel Sense, BrickHouse Security, and Globalstar. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, product, distribution channel, and region.

  • Technology Outlook ( USD Million, 2017 - 2027)
    • GPS
    • Bluetooth
  • Distribution Channel Outlook ( USD Million, 2017 - 2027)
    • Offline
    • Online
  • Region Outlook ( USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Argentina
      • Colombia
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Personal Safety Tracking Devices Market Scope

Report Coverage

Details

Page number

153

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.56%

Market growth 2023-2027

$ 650.34 million

Market structure

Fragmented

YoY growth (%)

9.13

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Personal Safety Tracking Devices Market Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the personal safety tracking devices market  size and its contribution of the market in focus to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market industry across North America, APAC, Europe, South America, and Middle East and Africa.
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of personal safety tracking devices market vendors.

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global personal safety tracking devices market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global personal safety tracking devices market 2017 - 2021 ($ million)
    • 4.2 Technology Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.3 Distribution channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
    • 6.2 Comparison by Technology
      • Exhibit 32: Chart on Comparison by Technology
      • Exhibit 33: Data Table on Comparison by Technology
    • 6.3 GPS - Market size and forecast 2022-2027
      • Exhibit 34: Chart on GPS - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on GPS - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on GPS - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on GPS - Year-over-year growth 2022-2027 (%)
    • 6.4 Bluetooth - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Bluetooth - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Bluetooth - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Bluetooth - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Bluetooth - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Technology
      • Exhibit 42: Market opportunity by Technology ($ million)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 45: Chart on Comparison by Distribution Channel
      • Exhibit 46: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 55: Market opportunity by Distribution Channel ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Amber Alert GPS Inc.
              • Exhibit 108: Amber Alert GPS Inc. - Overview
              • Exhibit 109: Amber Alert GPS Inc. - Product / Service
              • Exhibit 110: Amber Alert GPS Inc. - Key offerings
            • 12.4 Angel Sense Ltd.
              • Exhibit 111: Angel Sense Ltd. - Overview
              • Exhibit 112: Angel Sense Ltd. - Product / Service
              • Exhibit 113: Angel Sense Ltd. - Key offerings
            • 12.5 BrickHouse Security
              • Exhibit 114: BrickHouse Security - Overview
              • Exhibit 115: BrickHouse Security - Product / Service
              • Exhibit 116: BrickHouse Security - Key offerings
            • 12.6 Globalstar Inc.
              • Exhibit 117: Globalstar Inc. - Overview
              • Exhibit 118: Globalstar Inc. - Business segments
              • Exhibit 119: Globalstar Inc. - Key news
              • Exhibit 120: Globalstar Inc. - Key offerings
              • Exhibit 121: Globalstar Inc. - Segment focus
            • 12.7 GTX Corp.
              • Exhibit 122: GTX Corp. - Overview
              • Exhibit 123: GTX Corp. - Product / Service
              • Exhibit 124: GTX Corp. - Key offerings
            • 12.8 Hareau SAS
              • Exhibit 125: Hareau SAS - Overview
              • Exhibit 126: Hareau SAS - Product / Service
              • Exhibit 127: Hareau SAS - Key offerings
            • 12.9 KJB Security Products Inc.
              • Exhibit 128: KJB Security Products Inc. - Overview
              • Exhibit 129: KJB Security Products Inc. - Product / Service
              • Exhibit 130: KJB Security Products Inc. - Key offerings
            • 12.10 Letstrack Tech Pvt. Ltd.
              • Exhibit 131: Letstrack Tech Pvt. Ltd. - Overview
              • Exhibit 132: Letstrack Tech Pvt. Ltd. - Product / Service
              • Exhibit 133: Letstrack Tech Pvt. Ltd. - Key offerings
            • 12.11 Location Based Technologies Inc.
              • Exhibit 134: Location Based Technologies Inc. - Overview
              • Exhibit 135: Location Based Technologies Inc. - Product / Service
              • Exhibit 136: Location Based Technologies Inc. - Key offerings
            • 12.12 RACELOGIC Ltd.
              • Exhibit 137: RACELOGIC Ltd. - Overview
              • Exhibit 138: RACELOGIC Ltd. - Product / Service
              • Exhibit 139: RACELOGIC Ltd. - Key offerings
            • 12.13 Shenzhen Concox Information Technology Co. Ltd.
              • Exhibit 140: Shenzhen Concox Information Technology Co. Ltd. - Overview
              • Exhibit 141: Shenzhen Concox Information Technology Co. Ltd. - Product / Service
              • Exhibit 142: Shenzhen Concox Information Technology Co. Ltd. - Key offerings
            • 12.14 Spytec GPS Inc.
              • Exhibit 143: Spytec GPS Inc. - Overview
              • Exhibit 144: Spytec GPS Inc. - Product / Service
              • Exhibit 145: Spytec GPS Inc. - Key offerings
            • 12.15 T Mobile US Inc.
              • Exhibit 146: T Mobile US Inc. - Overview
              • Exhibit 147: T Mobile US Inc. - Product / Service
              • Exhibit 148: T Mobile US Inc. - Key offerings
            • 12.16 Trackimo Inc.
              • Exhibit 149: Trackimo Inc. - Overview
              • Exhibit 150: Trackimo Inc. - Product / Service
              • Exhibit 151: Trackimo Inc. - Key offerings
            • 12.17 Trakbond
              • Exhibit 152: Trakbond - Overview
              • Exhibit 153: Trakbond - Product / Service
              • Exhibit 154: Trakbond - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 155: Inclusions checklist
                • Exhibit 156: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 157: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 158: Research methodology
                • Exhibit 159: Validation techniques employed for market sizing
                • Exhibit 160: Information sources
              • 13.5 List of abbreviations
                • Exhibit 161: List of abbreviations
              • Skincare: Facial care: Includes cleansers, exfoliators, toners, fairness products, face oils, moisturizers, face masks, face serums, eye care (such as anti-aging, anti-wrinkle, and dark circle removers), and lip care (such as lip scrubs and lip balms);

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Personal Safety Tracking Devices market growth will increase by $650.34 million during 2023-2027.
                The personal safety tracking devices market is expected to grow at a CAGR of 9.56% during 2023-2027.
                Technavio has segmented the personal safety tracking devices market by technology (GPS and Bluetooth) ,distribution channel (Offline, Online, Online retail, and Others) , and geography (North America, APAC, Europe, South America, and Middle East and Africa).
                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., Trakbond are a few of the key vendors in the personal safety tracking devices market.
                North America will register the highest growth rate of 43.15% among the other regions. Therefore, the personal safety tracking devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the personal safety tracking devices market growth are:
                • Increasing product launches
                • Growing popularity of two-way voice communication-based personal safety tracking devices
                The personal safety tracking devices market vendors should focus on grabbing business opportunities from the gps segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
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