Personal Safety Tracking Devices Market Size, Trends, Analysis, and Outlook By Technology (GPS, Bluetooth), By Distribution Channel (Offline, Online), by Country, Segment, and Companies, 2024-2032

Personal Safety Tracking Devices Market Size, Trends, Analysis, and Outlook By Technology (GPS, Bluetooth), By Distribution Channel (Offline, Online), by Country, Segment, and Companies, 2024-2032

Global Personal Safety Tracking Devices Market Size is valued at $1.36 Billion in 2024 and is forecast to register a growth rate (CAGR) of 10.8% to reach $3.1 Billion by 2032.

The personal safety tracking devices market is experiencing growth, driven by increasing consumer concerns regarding personal safety and security. As individuals seek peace of mind, the demand for tracking devices that monitor location and alert users in emergencies is rising. The trend towards smart technology and mobile applications is influencing purchasing behavior, with consumers favoring devices that offer real-time tracking and alerts. Additionally, innovations in design and functionality are expanding market access and appealing to a diverse range of users.

Personal Safety Tracking Devices Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Personal Safety Tracking Devices survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Personal Safety Tracking Devices industry.

Key market trends defining the global Personal Safety Tracking Devices demand in 2025 and Beyond

The Personal Safety Tracking Devices industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Personal Safety Tracking Devices Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Personal Safety Tracking Devices industry

Leading Personal Safety Tracking Devices companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Personal Safety Tracking Devices companies.

Personal Safety Tracking Devices Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Personal Safety Tracking Devices Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Personal Safety Tracking Devices industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Personal Safety Tracking Devices Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Personal Safety Tracking Devices Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Personal Safety Tracking Devices market segments. Similarly, strong market demand encourages Canadian Personal Safety Tracking Devices companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Personal Safety Tracking Devices Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Personal Safety Tracking Devices industry remains the major market for companies in the European Personal Safety Tracking Devices industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Personal Safety Tracking Devices market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Personal Safety Tracking Devices Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Personal Safety Tracking Devices in Asia Pacific. In particular, China, India, and South East Asian Personal Safety Tracking Devices markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Personal Safety Tracking Devices Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Personal Safety Tracking Devices Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Personal Safety Tracking Devices market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Personal Safety Tracking Devices.

Personal Safety Tracking Devices Company Profiles

The global Personal Safety Tracking Devices market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are 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.

Recent Personal Safety Tracking Devices Market Developments

The global Personal Safety Tracking Devices market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Personal Safety Tracking Devices Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Technology

GPS

Bluetooth

By Distribution Channel

Offline

Online

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

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

Formats Available: Excel, PDF, and PPT