Global positioning system (GPS) wireless technology has transformed terrestrial travel and navigation, but there are numerous other uses. Now these nascent technology applications and new use cases are emerging both inside and outside the home. GPS personal tracking device shipments will more than double by 2021 with a 21 percent CAGR, as the industry shifts away from traditional markets, such as family and pet locator devices. ABI Research predicts that non-traditional markets -- including elderly or health, corporate, and personal asset tracking -- will embrace ubiquitous indoor and outdoor location technology. Indoor Location Market Development "Traditional markets still attract attention, given the huge total available market, but they remain too fragmented, with no obvious sales and distribution channels," said Patrick Connolly, principal analyst at ABI Research . As a result, a number of established companies in this space are being forced to consider new area...
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