Global Smart Luggage Market Report 2021: Historical Data 2016-2019, Base Year of 2020, 2021 Estimates & Forecasts 2022-2026
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.
- 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.
- Based on the application, the Global Smart Luggage Market has been segmented into real-time tracking, proximity sensors, remote locking, digital scaling & others.
- The demand for smart luggage is increasing in Asia Pacific and the region is anticipated to register the highest CAGR until 2026, on account of surging footfall and increasing air traffic.