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News  ›  GlobeNewswire Inc.

Consumer Asset Tracking Solutions Market Report 2025-2029: Location-Based IoT Solutions Leveraging GNSS and Wide Area Networks Drive Remote Monitoring Adoption

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Researchandmarkets.Com
Consumer Asset Tracking Solutions Market Report 2025-2029: Location-Based IoT Solutions Leveraging GNSS and Wide Area Networks Drive Remote Monitoring Adoption

The consumer asset tracking market in Europe and North America is experiencing significant growth, with the installed base of active devices expected to grow from 15.0 million units in 2024 to 30.7 million by 2029 at a CAGR of 15.4%. Market value is forecasted to increase from €2.0 billion to €4.1 billion over the same period. Key growth drivers include advancements in LPWA technologies, AI integration, improved battery life, and affordability. Major segments include family/child tracking, pet tracking, vehicle tracking, and general asset tracking.

Insights
FMS   neutral

Mentioned as a market participant without specific performance details


LIF   positive

Identified as a leading provider of family tracking services with close to 80 million monthly active users, indicating strong market presence and user adoption.