Personal Safety Tracking Devices Market to Record a CAGR of 9.47%, APAC to be Largest Contributor to Market Growth - Technavio
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Tuesday, August 9, 2022
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The personal safety tracking devices market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Key Points:
- The personal safety tracking devices market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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The personal safety tracking devices market share growth in APAC will be significant during the forecast period. - Moreover, market growth in APAC will be faster than the growth of the market in other regions.
- Growing popularity of two-way voice communication-based personal safety tracking devices:
Personal safety tracking devices with two-way voice communication provide several benefits, such as additional emergency panic buttons.