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Industry Analysis of Smart Luggage and Tracking Technologies Market Size, Segments, Applications, Types, Competitors, Demographics and Forecast to 2021-2027 – KSU


tipFebruary 18, 2021
What is Smart Luggage and Tracking Technologies?
The research dives deep into the global share, size, and trends, as well as growth rate of the Smart Luggage and Tracking Technologies market to project its progress during the forecast period, i.e., 2021–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Smart Luggage and Tracking Technologies market. The research segments the market on the basis of product type, application, and region.
Smart luggage are the traditional bags and suitcases that are incorporated with several electronic components thus, facilitating identification, tracking and improved security for the luggage. The luggage is integrated with GPS capabilities and allow communication with the user’s smartphone with the BLE (bluetooth low energy) technology. Through the help of smartphone applications, the users can continuously tract ....

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Global Smart Luggage Market Report 2021: Historical Data 2016-2019, Base Year of 2020, 2021 Estimates & Forecasts 2022-2026


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The Global Smart Luggage Market is anticipated to grow at a CAGR of over 8% during the forecast period, due to the increase in travelling for leisure or business and technological innovations in the baggage segment.
Moreover, increasing proliferation of internet of things and additional features, such as Bluetooth charging, GPS and electronic locks, are further propelling the growth of the market. In terms of connectivity, RFID is likely to grow at the highest CAGR during the forecast period on account of existing infrastructure for the scanning of RFID tags at the airports. ....

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