Smart trackers in our ever-connected data-driven world
For those who are unfamiliar, Smart trackers are tiny gadgets that are
attached to or placed inside important items or valuables.
A smart tracker is a device that functions on Bluetooth, GPS, and cellular
technology. The device is paired with an app on the smartphone and is used to
find or locate missing items.
Smart trackers are miniaturized devices working on Bluetooth or GPS
technology to locate items that have been misplaced. This device also notifies
an individual if he or she leaves behind any item.
According toResearch and Markets, Low price will drive adoption. The firm
also reveals that, the simplicity of design and small size of these devices
reduces the manufacturing cost of the product significantly. This allows the
device manufacturers to price their offerings at a reasonable rate. The
relatively inexpensive nature of smart trackers and the ease with which it can
find small but valuable items that often get misplaced make this a much-needed
gadget with significant potential.
Key vendors
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