Personal Safety Tracking Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Personal Safety Tracking Device Trends and Forecast

The future of the global personal safety tracking device market looks promising with opportunities in the children and adult applications. The global personal safety tracking device market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are increasing health concerns among parents, rising number of working women, and significant use of this device for two-way communication during emergency situations.

A more than 150-page report is developed to help in your business decisions.

Personal Safety Tracking Device by Segment

The study includes a forecast for the global personal safety tracking devices by technology, sales channel, application, and region.

Personal Safety Tracking Device Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• GPS
• Bluetooth

Personal Safety Tracking Device Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:

• Online
• Offline

Personal Safety Tracking Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Children
• Adults

Personal Safety Tracking Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Personal Safety Tracking Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies personal safety tracking devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the personal safety tracking devices companies profiled in this report include-

• Amber Alert GPS
• AngelSense
• BrickHouseSecurity
• Le Vise Products
• Location Based Technologies
• Trax
• KJB Security

Personal Safety Tracking Device Market Insights

Lucintel forecasts that GPS is expected to witness highest growth over the forecast period due to its increased communication range, capacity to converse with people moving, continuous connection, and ability to set up multiple places.

North America is expected to witness highest growth over the forecast period due to expansion of robust internet infrastructure, rising concern towards safety of children with autism, and presence of key players in the region.

Features of the Global Personal Safety Tracking Device Market

Market Size Estimates: Personal safety tracking devices market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Personal safety tracking devices market size by technology, sales channel, application, and region in terms of value ($B).

Regional Analysis: Personal safety tracking devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, sales channels, applications, and regions for the personal safety tracking devices market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the personal safety tracking devices market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the personal safety tracking devices market size?

Answer: The global personal safety tracking devices market is expected to reach an estimated $1.3 billion by 2030.

Q.2 What is the growth forecast for personal safety tracking devices market?

Answer: The global personal safety tracking devices market is expected to grow with a CAGR of 8.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the personal safety tracking devices market?

Answer: The major drivers for this market are increasing health concerns among parents, rising number of working women, and significant use of this device for two-way communication during emergency situations.

Q4. What are the major segments for personal safety tracking devices market?

Answer: The future of the personal safety tracking devices market looks promising with opportunities in the children and adult markets.

Q5. Who are the key personal safety tracking devices market companies?

Answer: Some of the key personal safety tracking devices companies are as follows:

• Amber Alert GPS
• AngelSense
• BrickHouseSecurity
• Le Vise Products
• Location Based Technologies
• Trax
• KJB Security

Q6. Which personal safety tracking devices market segment will be the largest in future?

Answer: Lucintel forecasts that GPS is expected to witness highest growth over the forecast period due to its increased communication range, capacity to converse with people moving, continuous connection, and ability to set up multiple places.

Q7. In personal safety tracking device market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to expansion of robust internet infrastructure, rising concern towards safety of children with autism, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the personal safety tracking devices market by technology (GPS and bluetooth), sales channel (online and offline), application (children and adults), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?