When a GPS tracker is placed in jewelry, it can be incredibly useful. The device can help people locate lost or stolen items.
It can also provide emergency services with important information about the location of the owner.
This article discusses the different types of GPS trackers and how they can be activated in open spaces. You’ll also find out how long a GPS tracker can last.
Putting a GPS tracker on a ring
A British jeweler has developed a prototype of a GPS tracker embedded into an engagement ring. The ring will look like a traditional engagement ring, but it will contain a GPS tracking chip hidden behind the jewel.
The GPS chip will be able to track its location at any given time, which is a big benefit for jealous spouses who worry about their significant other.
Adding this technology to an engagement ring has many advantages, but the primary use is theft protection.
Some people are concerned about privacy, but many people have no real alternative to the technology.
Many couples are hesitant to install this technology in their jewelry. Others have expressed concern that it might encourage jealousy and even disrupt romantic relationships.
However, this technology is affordable for middle-class couples and can last as long as five years after activation. In any case, the benefits outweigh the risks and the price.
Other smart rings are designed to track health and fitness data. They may contain ECG heart rate sensors and can record your heart rate and sleep.
Others can also track your body temperature and help you get the right nutrition. One popular type of connected ring contains ECG sensors and heart rate monitoring features.
This type of ring will be more convenient and less intrusive than a smartphone. However, it will not replace your smartphone or your watch.
Activating a GPS tracker in an open space
To activate a GPS tracker on a hoop or ring, the first thing you need to do is to connect the GPS and local cell networks.
Then, try to take a 10-minute test walk with LIVE tracking active.
If you encounter any problems, try to note the time, date and color combination of the tracker after reset.
If possible, activate the GPS tracker in an open area where it is not obstructed by walls and other objects.
Battery life of a GPS tracker
While there are a few different types of trackers available, they can all have the same basic features.
These devices can be used to find lost objects and are typically capable of operating within a range of up to 120m or 400 feet.
Depending on the features and battery life, these devices can last anywhere from a few hours to several days.
Some models even have a ringing phone feature that you can use in case of lost keys.
Although GPS trackers are bulky and heavy, Bluetooth trackers are small and pocket-sized and are the most common type of lost item trackers.
Because they rely on the Bluetooth signal and phone hardware, Bluetooth trackers are typically about the size of a standard car key.
These devices are rechargeable and can be recharged every few days. Generally, however, they need to be recharged more often, so you should consider recharging your device when it’s not in use.
Today, Indian roadways cover over 3.3 million kilometers. While national highways only make up 2% of this road network, billions of dollars are being spent on upgrading and building new roads.
This will drive the demand for VTS. A recent law addressing modern-day trade and transport by road is expected to further boost the growth of this technology.
In the coming years, this technology will become indispensable to ensure the safety and security of vehicles.
Global GPS tracking device market size
In terms of revenue, the Global GPS tracking device market is valued at about $2.2 billion in 2016.
This figure represents the market for these devices that are used to monitor and track commercial vehicles.
According to the International Organization of Motor Vehicle Manufacturers, the sales of commercial vehicles are increasing at a high rate.
Commercial vehicles are used to transport valuable goods from one place to another. A GPS tracking device is an effective tool to keep track of the position of commercial vehicles.
The GPS Tracking Device Market has multiple segments based on the end-use industries.
Moreover, the report outlines the growth of the market based on the type, deployment, and end-user. Key market drivers and challenges are analyzed along with the opportunities available in the market.
The study also highlights the key strategies adopted by potential market players. Detailed analysis of each segment enables stakeholders to make informed decisions to capitalize on the growing GPS tracking device market.
The Global GPS tracking device market is segmented by region, which is characterized by the availability of various types of devices.
It is largely dominated by Asia Pacific, North America, Europe, and Middle East & Africa. India is the second-largest market for GPS tracking devices.
Its population is rapidly increasing, thereby driving the market’s growth. Moreover, GPS tracking devices are used by companies for many other applications.
Rising use of GPS technology for tracking vehicles and real-time fleet monitoring are some of the main factors fueling the growth of this market.
Additionally, increasing popularity of smartphones has led to the development of lightweight GPS transmitters for wildlife tracking.
In addition to the high demand for location-based services, GPS tracking devices are also used for vehicle security and theft prevention.
This means that GPS tracking devices are highly beneficial to businesses and the overall economy.
The growth of the Global GPS tracking device market in India is driven by the fast growth of e-commerce.
As a result, the flow of goods across India is on a high-strength basis.
This puts a significant load on logistics companies. GPS tracking devices enable easy monitoring of designated vehicles, helping them improve their fuel efficiency and performance.
Moreover, they can be used to ensure safe delivery and theft prevention.
Share of major vendors
Globally, there are several major players in the GPS tracking market, including Sierra Wireless, Orbocomm, Atrack Technology, Geotab Inc., Box Telematics, and Trackimo Group.
However, in India, a few new players have emerged to provide GPS tracking devices.
While these new players are facing stiff competition from established international vendors, this report highlights the key market trends and developments in the Indian market.
Emergencies are a significant market for GPS tracking solutions, as they help save lives.
Fleets that are capable of tracking their locations need to be smarter to increase efficiency, improve safety, and meet KPIs.
In India, ambulances and mobile health units play a large role in emergency care. The technology can help track and manage the fleet of these vehicles.
For this reason, India has mandated all mobile phones to be GPS-enabled, which is critical for emergency care.
In the India GPS Tracking Devices market, there are four major vendors.
The first vendor is Garmin Ltd., while the second-largest is Teltonika.
The latter is a leading player in the industry.
The third-largest company is Danlaw Technologies India Ltd.
The report also outlines the growth potential of each of these companies and highlights the key product segments. For more information, download the complimentary report for more detailed insights.
TechSci Research analyzed the market size of the India vehicle tracking market by segmenting the industry into three major segments: end-users, vendors, and products.
They also conducted primary research and interviewed companies.
Their interviews included industry experts and company representatives. This information was then externally validated through historical data.
Secondary sources used for the study included financial and investor reports and company websites. This research provides critical insights into the industry and the players in the market.
Market growth is expected to be led by the GPS/satellite segment. Meitrack, based in China, is an award-winning enterprise and has exported its products to a number of large companies.
The company also targets vehicle owners, and enables businesses to locate vehicles in real-time. Other applications for GPS tracking devices include fleet management and safety for children.
Roadpoint is a major distributor of GPS tracking solutions in India.
Forecasts
The report provides an overview of the latest developments and trends in the GPS tracking and navigation market in India.
It also details the factors that will drive growth in this market, as well as the key challenges. The study also shares investment opportunities and market risks, as well as profiles key players.
This report also highlights the key vendors in the GPS tracking market in India. It also provides a detailed description of the key players and their market shares.
The target market is expected to grow rapidly, owing to the rapid growth in e-commerce.
As a result of this, the flow of goods in India is increasing significantly, placing a huge load on logistics companies. GPS tracking devices can assist these companies by providing real-time information about the performance of their vehicles and drivers.
Other applications of GPS tracking technology include route planning, fuel consumption, and theft prevention.
In addition to providing detailed information about the market, this study includes the major companies in the industry, including Garmin Ltd., Teltonika, and Danlaw Technologies India Ltd.
These companies are actively involved in the development of GPS tracking technology in India.
Moreover, this report provides an insight into key competitors in the market and offers an accurate forecast for 2022-2031.
The report also gives a market overview for each of these companies, identifying their strengths and weaknesses, as well as the key product segments.
The GPS/Satellite segment is expected to grow at the fastest rate and account for the largest market share in 2021.
The surge in sales of commercial vehicles is also attributed to the widespread adoption of IoT and cloud technologies in the industries. GPS is also compatible with various network technologies.
A growing demand for GPS tracking devices in India will continue to increase as technology evolves and GPS tracking devices become more affordable.
Growth in the GPS tracking market in India is expected to be significant over the next three years, owing to several factors.
Several factors such as the COVID-19 virus are likely to create challenges for these companies. Global exports are expected to be affected by recessionary pressures.
Meanwhile, the MSMEs that comprise more than 40% of India’s GDP are likely to face several liquidity issues due to delayed payments from customers.
Such challenges may reduce the conversion rate of enterprises to asset tracking.
Trends
GPS tracking devices have become an integral part of daily life.
Today, people can monitor and locate their vehicles with the help of these devices.
Moreover, the technology behind these devices can be used to protect your vehicle in case of theft or loss.
There are various types of GPS tracking devices available in the market, which can be used to monitor the location of a vehicle.
There are also many benefits of GPS tracking devices, which make them an invaluable asset to businesses.
One of the best features of this technology is that it can be installed in a mobile phone. The GPS technology is available in smartphones and radio cabs.
The GPS technology has become a vital part of the mobile phone industry. It is also available in the BPO sector.
This is a major driving force behind the growth of this market.
However, the GPS tracking market in India is far from saturated. In fact, it is expected to continue to grow even further.
A strong growth in the GPS tracking market is predicted for 2020 and beyond. Rising awareness of the need for GPS tracking devices will help the industry grow.
Growing concerns regarding security and transportation in developing countries will also fuel the growth of this market. Ultimately, this technology is helping to increase productivity in manufacturing industries and will continue to drive the industry.
However, the GPS tracking market in India will witness a slow growth rate till 2021. Moreover, the COVID-19 pandemic will negatively affect the market’s growth.
Despite the numerous advantages of GPS tracking technology, the technology may be prone to a number of drawbacks.
While the technology has made it easier to track a vehicle’s location, the accuracy of the tracking results may be inaccurate.
Moreover, the system may not give a reliable result, which will discourage the growth of the GPS tracking market.
But these disadvantages are likely to be temporary and can be overcome by improving the overall quality of the technology.