COVID-19: Personal Safety Tracking Devices Market (2020-2024) - Roadmap for Recovery | Rise in Dual-income Households to boost the Market Growth | Technavio

Technavio has announced its latest market research report titled Global Personal Safety Tracking Devices Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the personal safety tracking devices market and it is poised to grow by USD 186.23 million during 2020-2024, progressing at a CAGR of almost 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by technology, which is the leading segment in the market?
  • The GPS personal tracking devices are expected to be the leading segment based on technology in the global market during the forecast period.
  • What are the major trends in the market?
  • Growing popularity of two-way voice communication based personal safety tracking devices is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 13%, the incremental growth of the market is anticipated to be USD 186.23 million.
  • Who are the top players in the market?
  • Amber Alert GPS Inc., Angel Sense Ltd., BrickHouse Security, Concox Information Technology Co. Ltd., Globalstar Inc., Jio Inc., Le Vise Products LLC, Location Based Technologies Inc., Veriot LLC, and WTS – Positioning Solutions AB. are some of the major market participants.
  • What are the key market drivers?
  • The rise in dual-income households is one of the major factors driving the market.
  • How big is the APAC market?
  • The APAC region will contribute 36% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amber Alert GPS Inc., Angel Sense Ltd., BrickHouse Security, Concox Information Technology Co. Ltd., Globalstar Inc., Jio Inc., Le Vise Products LLC, Location Based Technologies Inc., Veriot LLC, and WTS – Positioning Solutions AB. are some of the major market participants. The rise in dual-income households will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Personal Safety Tracking Devices Market 2020-2024: Segmentation

Personal Safety Tracking Devices Market is segmented as below:

  • Technology
    • GPS Personal Safety Tracking Devices
    • Bluetooth Personal Safety Tracking Devices
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America
  • End-user
    • Children
    • Elderly
    • Adults
  • Distribution channel
    • Specialty Stores
    • Department Stores
    • Online Retail
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40794

Personal Safety Tracking Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The personal safety tracking devices market report covers the following areas:

  • Personal Safety Tracking Devices Market Size
  • Personal Safety Tracking Devices Market Trends
  • Personal Safety Tracking Devices Market Analysis

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.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Personal Safety Tracking Devices Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist personal safety tracking devices market growth during the next five years
  • Estimation of the personal safety tracking devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the personal safety tracking devices market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of personal safety tracking devices market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • GPS personal safety tracking devices - Market size and forecast 2019-2024
  • Bluetooth personal safety tracking devices - Market size and forecast 2019-2024
  • Market opportunity by technology

PART 07: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Children - Market size and forecast 2019-2024
  • Elderly - Market size and forecast 2019-2024
  • Adults - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Specialty stores - Market size and forecast 2019-2024
  • Department stores - Market size and forecast 2019-2024
  • Online retail - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by distribution channel

PART 09: CUSTOMER LANDSCAPE

PART 10: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Growing popularity of two-way voice communication based personal safety tracking devices
  • Increase in government initiatives to ensure the personal safety of citizens
  • Rising demand for personal safety tracking devices with innovative features

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Amber Alert GPS, Inc.
  • Angel Sense Ltd.
  • BrickHouse Security
  • Concox Information Technology Co. Ltd.
  • Globalstar Inc.
  • Jio Inc.
  • Le Vise Products LLC
  • Location Based Technologies Inc.
  • Veriot LLC
  • WTS – Positioning Solutions AB

PART 16: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 17: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Personal Safety Tracking Devices Market will grow by USD 186.23 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/