COVID-19 Recovery Analysis: Smart Tracker Market | Rapid Decline In The ASP Of Smart Tracker to boost the Market Growth

COVID-19 Recovery Analysis: Smart Tracker Market | Rapid Decline In The ASP Of Smart Tracker to boost the Market Growth

Technavio has been monitoring the smart tracker market and it is poised to grow by USD 467.53 mn during 2020-2024, progressing at a CAGR of over 9% 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.

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Technavio has announced its latest market research report titled Global Smart Tracker Market 2020-2024 (Graphic: Business Wire)

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. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Chipolo d.o.o., Innova Technology PTE Ltd., Kaltio Technologies Oy, LugLoc, Mars Inc., PB Inc. dba Pebblebee, Samsung Electronics Co. Ltd., Smart Tracking Technologies LLC, Tile Inc., and TrackR Inc. are some of the major market participants. To make the 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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Rapid decline in the ASP of smart tracker has been instrumental in driving the growth of the market.

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. Download a Free Sample Report on COVID-19 Impacts

Smart Tracker Market 2020-2024: Segmentation

Smart Tracker Market is segmented as below:

  • Technology

    • Bluetooth

    • Cellular Technology

    • GPS

  • Application

    • Consumer Products

    • Pets

    • Luggage

  • Geographic Landscape

    • APAC

    • Europe

    • MEA

    • North America

    • South America

Smart Tracker 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 smart tracker market report covers the following areas:

  • Smart Tracker Market Size

  • Smart Tracker Market Trends

  • Smart Tracker Market Industry Analysis

This study identifies the emergence of rugged smart trackers as one of the prime reasons driving the smart tracker 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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Smart Tracker Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist smart tracker market growth during the next five years

  • Estimation of the smart tracker market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the smart tracker market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of smart tracker market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Consumer products – Market size and forecast 2019-2024

  • Pets – Market size and forecast 2019-2024

  • Luggage – Market size and forecast 2019-2024

  • Market opportunity by Application

Market Segmentation by Technology

  • Market segments

  • Comparison by Technology

  • Bluetooth – Market size and forecast 2019-2024

  • Cellular technology – Market size and forecast 2019-2024

  • GPS – Market size and forecast 2019-2024

  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • APAC – 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 by geography

Drivers, Challenges, and Trends

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Chipolo d.o.o.

  • Innova Technology PTE Ltd.

  • Kaltio Technologies Oy

  • LugLoc

  • Mars Inc.

  • PB Inc. dba Pebblebee

  • Samsung Electronics Co. Ltd.

  • Smart Tracking Technologies LLC

  • Tile Inc.

  • TrackR Inc.

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

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