Startup Ideas AI

Losing personal belongings is a frustrating experience. This startup idea involves creating a smart device embedded with AI and GPS technology to track lost items. The device would be small, lightweight, and attachable to valuable items like keys, wallets, and bags. Users can easily locate their lost items through a companion mobile app. Market size: The global market for asset tracking solutions was valued at $11.8 billion in 2019 and is projected to reach $23.8 billion by 2027, with a CAGR of 9.9%. The key market categories include consumer electronics, logistics, healthcare, and retail.