Smart Tracker Market Size, Demand, Trends and Opportunity 2022-2027
The latest research study “Smart Tracker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global smart tracker market size reached US$ 435.51 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 869.33 Million by 2027, exhibiting a growth rate (CAGR) of 11.50% during 2022-2027. Smart trackers refer to electronic devices incorporated into specific equipment and household appliances, including head-mounted displays, elegant jewelry, implantable devices, vehicles, fitness wearables, and smartwatches. They consist of embedded accumulators, internal storage, sensors, and microprocessors to receive and track real-time data. Smart trackers utilize technologies, such as Bluetooth, cellular networks, and global positioning systems (GPS), to record information. They assist in monitoring human activity, including running, sleep quality, walking, and heart rate, improving fleet performance, locat