Tracking lost or misplaced items using IoT technology
Losing or misplacing important items like keys, wallets, or phones is a frustrating experience. This startup idea involves developing a tracking solution using IoT technology to help people easily locate their lost or misplaced belongings. The system would consist of small, wireless devices that can be attached to items and a mobile application that provides real-time location updates. The estimated market size for IoT asset tracking solutions is expected to reach $30.8 billion by 2024 according to MarketsandMarkets.