Startup Ideas AI

Losing or misplacing luggage during travel is a common frustration for travelers. This startup idea involves developing a smart luggage tracking and security system that allows travelers to easily locate and monitor their luggage throughout their journey. The system would include GPS tracking, RFID technology, and secure locks to ensure the safety and security of the luggage. Market Size: According to a report by Allied Market Research, the global smart luggage market size is expected to reach $2.37 billion by 2027, growing at a CAGR of 26.8% from 2020 to 2027.