Technology

Personal Safety Tracking Devices Market size is set to grow by USD 846.4 million from 2024-2028, Increasing product launches boost the market, Technavio

Published

2 years ago

July 3, 2024

NEW YORK, July 3, 2024 /PRNewswire/ — The global personal safety tracking devices market size is estimated to grow by USD 846.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 11.06% during the forecast period. Increasing product launches is driving market growth, with a trend towards growing popularity of two-way voice communication-based personal safety tracking devices. However, the increasing availability of substitutes poses a challenge. Key market players include AllsWell LLC, Amber Alert GPS Inc., Angel Sense Ltd., BrickHouse Security, Cosmo Technologies Inc., Globalstar Inc., GTX Corp., Hareau SAS, KJB Security Products Inc., Letstrack Tech Pvt. Ltd., Location Based Technologies Inc., Racelogic, Shenzhen Concox Information Technology Co. Ltd., Spytec GPS Inc., T Mobile US Inc., TheSecurityDevice, Tile Inc., Trackimo Inc., and Trakbond.

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Personal Safety Tracking Devices Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 11.06%

Market growth 2024-2028

USD 846.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.67

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 40%

Key countries

US, China, Germany, UK, and Canada

Key companies profiled

AllsWell LLC, Amber Alert GPS Inc., Angel Sense Ltd., BrickHouse Security, Cosmo Technologies Inc., Globalstar Inc., GTX Corp., Hareau SAS, KJB Security Products Inc., Letstrack Tech Pvt. Ltd., Location Based Technologies Inc., Racelogic, Shenzhen Concox Information Technology Co. Ltd., Spytec GPS Inc., T Mobile US Inc., TheSecurityDevice, Tile Inc., Trackimo Inc., and Trakbond

Market Driver

Personal safety tracking devices with two-way voice communication are gaining popularity due to their added benefits. These devices enable end-users to raise alerts instantly during emergencies and communicate with their families or emergency services. They are particularly useful for individuals who are prone to wandering or have health conditions that require constant supervision. With features like showerproof panic buttons and pre-programmed phone numbers, these devices offer peace of mind and convenience. The market for personal safety tracking devices is expected to grow significantly due to the increasing demand for advanced safety features.

The Personal Safety Tracking Devices market is experiencing significant growth with technologies like Geofencing, Real-time monitoring, and Emergency response systems gaining popularity. Devices such as wearables, mobile apps, and personal locators are in high demand due to increasing concerns for personal safety. Usage statistics show an upward trend in the adoption of these devices, particularly among the elderly and children. Additionally, advances in cellular and satellite technology have enabled devices to function effectively in remote areas. The market is further expected to grow with the integration of Artificial Intelligence and Machine Learning for predictive analysis and improved user experience. Overall, the Personal Safety Tracking Devices market is a thriving industry that prioritizes security and convenience.

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Market Challenges

The personal safety tracking devices market may face challenges due to the introduction of multifunctional smartwatches and shoes. These devices offer real-time location tracking and additional benefits, such as activity monitoring and SOS alerts. Parents can use smart shoes to track their children’s locations and set virtual boundaries. New variants of smartwatches with GPS trackers and SOS buttons pose competition to personal safety tracking devices. As a result, the sales of personal safety tracking devices may decline during the forecast period.The Personal Safety Tracking Devices market faces several challenges. Uses of these devices include emergency response, monitoring, and location tracking. However, ensuring techno-functionality and user-friendliness are key challenges. Usage of advanced technologies like geofencing, real-time monitoring, and AI-based analytics are essential but require significant investment and technical expertise. Additionally, ensuring data privacy and security is crucial to gain consumer trust. Battery life and affordability are also significant challenges. Balancing features, functionality, and cost is essential to cater to various consumer segments. Furthermore, regulatory compliance and interoperability with emergency services and other devices are ongoing challenges.

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Segment Overview

This personal safety tracking devices market report extensively covers market segmentation by

Technology1.1 GPS1.2 BluetoothDistribution Channel2.1 Offline2.2 OnlineGeography3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 GPS- Personal Safety Tracking Devices market refers to the sales and distribution of devices that help individuals monitor and protect their safety. These devices, which include wearable tech and mobile apps, use GPS technology to locate users in real-time and alert emergency services in case of distress. Companies in this sector focus on developing user-friendly interfaces and reliable connectivity to ensure customer satisfaction and trust. The market is expected to grow due to increasing safety concerns and technological advancements.

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Research Analysis

The Personal Safety Tracking Devices market encompasses a range of compact and portable devices, including GPS-based and Bluetooth-enabled wearables, that prioritize safety and security for consumers. These devices offer real-time tracking and location information, enabling authorized individuals to monitor the whereabouts of elderly individuals, adults, and kids in emergency situations. Advanced technologies such as two-way communication, panic buttons, and encryption protocols ensure data security and user privacy, preventing unauthorized access to sensitive information. Mobile phones and smartwatches are popular choices in this market, catering to diverse user needs and preferences.

Market Research Overview

The Personal Safety Tracking Devices market encompasses a range of technologies designed to enhance individual security and location monitoring. These devices, which include wearable tech and mobile applications, employ various features such as real-time tracking, emergency response systems, and geofencing. The market is driven by increasing concerns over personal safety, particularly in light of rising crime rates and the growing prevalence of technology-enabled threats. Additionally, advancements in sensor technology and the integration of artificial intelligence and machine learning algorithms are fueling innovation in this space. Overall, the Personal Safety Tracking Devices market is poised for significant growth as consumers seek peace of mind and increased protection in their daily lives.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyGPSBluetoothDistribution ChannelOfflineOnlineGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

47 minutes ago

June 18, 2026

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

SALT LAKE CITY, June 18, 2026 /PRNewswire/ — Monnit announced new NIST Standard and Low Temperature and Humidity Detachable Leads for compatible ALTA® Sensor Bases designed to simplify sensor recertification, reduce downtime, and support continuous compliance monitoring.

“Organizations shouldn’t have to choose between maintaining compliance and operational continuity,” said Brad Walters, Founder and CEO of Monnit. “Our detachable lead architecture allows customers to hot-swap certified leads in minutes while preserving traceability and keeping trusted monitoring programs running.”

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Rather than removing and shipping an entire sensor for recertification, customers can disconnect only the lead, connect a certified replacement, and send the original lead for recalibration. This approach is ideal for pharmaceuticals, healthcare facilities, laboratories, food storage operations, manufacturing environments, and other applications that require calibration records.

In addition to these hot-swappable, removable leads or cables with probes, we offer short Monnit Standard Temperature and Humidity Detachable Non-Leaded Probes that you can connect to compatible sensor bases.

Each NIST Detachable Lead or Probe connects to compatible ALTA Industrial and Enterprise Sensor Bases via sealed, keyed M8 6-pin connectors designed for field installation. Embedded memory within the lead stores unique lead and sensor identification, calibration data, certification information, and traceability records.

Key features and benefits include:

Hot-swappable lead replacement that minimizes downtime and monitoring interruptionsNIST-traceable calibration support and ISO 17025-accredited lab certificationSupport for FDA 21 CFR Part 11 workflows and audit programsAutomatic synchronization of calibration information with iMonnit® SoftwareLogging of lead connection and disconnection events in iMonnitHot-swapping capability while powered on or off for easier servicing

Monnit and its accredited lab partner, Sensor Calibrations, provide 25-month certificates for NIST Detachable Standard Temperature Leads and 13-month certificates for NIST Detachable Low Temperature and Humidity Leads.

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

About Monnit Corporation
The origin story of the Internet of Things (IoT) begins with Monnit. Before our inception in 2010, we were already at the forefront of embedding technology into machines and devices to enable them to talk and deliver valuable data to business leaders. Monnit Remote Monitoring Solutions for nearly any industry use case have delivered 72B+ data points in 130+ countries for 90K+ customers. Monnit’s 80+ long-range IoT sensors remotely monitor many conditions such as temperature, light, humidity, water, vibration, pressure, and more. You can analyze data using iMonnit cloud software and get alerts via email, text, push notification, or call when our sensors detect a change you should know.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com

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SOURCE Monnit

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

47 minutes ago

June 18, 2026

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Key features and benefits include:

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/monnit-introduces-nist-detachable-leads-to-streamline-compliance-monitoring-302803906.html

SOURCE Monnit

Technology

deepset Joins HPE’s Unleash AI Program to Accelerate Sovereign Agentic AI

Published

47 minutes ago

June 18, 2026

SAN JOSE, Calif., June 18, 2026 /PRNewswire/ — deepset, the company behind Haystack, the production-ready open-source AI agent framework and platform, today announced it has joined the HPE Unleash AI partner program to help government, defense, and regulated enterprises deploy production-grade AI systems in sovereign, self-hosted, and air-gapped environments.

As part of the collaboration, deepset will leverage the Haystack Enterprise Platform, deepset’s platform for building, orchestrating, and governing AI agents and applications, and HPE’s AI ecosystem and infrastructure portfolio to help organizations rapidly identify and operationalize high-value AI use cases while reducing deployment complexity and risk. This enables customers to access AI-ready infrastructure, strategic guidance, and accelerated pilot execution to address their most challenging AI adoption and operationalization needs.

Together, the companies enable organizations to deploy AI agents, multi-agent systems, and Retrieval-Augmented Generation (RAG) applications on self-hosted, sovereign, and air-gapped infrastructure while maintaining full ownership over sensitive and classified data, models, and AI operations.

Customers can leverage the joint architecture to operationalize governed AI applications faster while maintaining the security, compliance, and deployment flexibility required for sovereign and mission-critical environments.

The HPE Unleash AI partner program is a curated ecosystem, combining ISV solutions that go through comprehensive validation testing with engineered HPE AI systems, including HPE Private Cloud AI and the broader HPE AI Factory with NVIDIA solutions, to deliver the performance, security, and scalability enterprises need for production AI. By joining the program, deepset expands access to governed AI platform capabilities designed for organizations operating in highly regulated environments, including public sector, defense, cybersecurity, and enterprise industries.

The Haystack Enterprise Platform enables organizations to:

Build and govern AI agents, multi-agent systems, and RAG applicationsDeploy AI on self-hosted, private cloud, and air-gapped infrastructureOrchestrate modular AI pipelines across models, databases, and enterprise systemsEnforce governance, auditability, and lifecycle management for production AISupport sovereign AI initiatives aligned with European and national security requirements

The collaboration builds on deepset’s experience supporting sovereign AI initiatives with organizations including the European Commission, the German Ministry of Research, Technology and Space (BMFTR), and other government, defense, and enterprise organizations deploying sovereign AI systems under strict governance and security requirements.

“With agentic AI moving into operational deployment, organizations need infrastructure and AI platforms they can control and trust,” said Milos Rusic, CEO and co-founder of deepset. “The challenge is getting agentic systems into production while maintaining control over infrastructure, governance, and sensitive data. Together with HPE, we’re helping customers deploy governed AI systems faster across highly regulated and mission-critical environments.”

Use cases supported through the joint architecture include:

Sovereign AI platform for public sector & regulated industry institutionsSovereign AI intelligence and decision-support systems for classified operationsCybersecurity investigation and threat analysisAI agents for technology, manufacturing, research, legal, and financial workflows

“The Unleash AI program is designed to help organizations deploy AI solutions faster and with greater operational confidence,” said Robin Braun, Vice President of AI Business Development, Hybrid Cloud, HPE. “Together, HPE and deepset are delivering secure, governed AI solutions that combine enterprise-grade infrastructure with flexible and governed AI agent capabilities to help customers operationalize AI across hybrid, sovereign, and classified environments.”

For more information, visit https://www.deepset.ai

About deepset

deepset is the company behind Haystack, the leading open-source framework and platform for building production-grade AI applications and agentic systems. deepset enables enterprises and public sector organizations to develop, deploy, and govern flexible AI applications powered by their choice of large language models, enterprise data, infrastructure, and governance policies across cloud, hybrid, and sovereign environments.

Media Contact
Steph McGuirk
417109@email4pr.com
845.269.8868

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SOURCE deepset