As wearable technology becomes more mainstream, there will emerge new and exciting opportunities for entrepreneurs to launch businesses in the GPS tracking services space. Besides the new crop of smart watches, like the Apple Watch, the Samsung Galaxy Gear, and other wearable computing devices that are coming on the market, there are a number of personal GPS devices that can be worn or easily carried by individuals.
There are already a number of established applications for wearable GPS tracking around which businesses can be built. Some of these include elderly tracking, teen tracking, child protection, VIP tracking, and pet tracking. Below, we will review a few of the types of businesses that can be built around wearable GPS tracking.
Assisted living and elder care facilities could use GPS tracking to make sure Alzheimer patients don't wonder off. Nursing homes and assisted living facilities can fit residents who are at risk of wandering off with a personal GPS tracking device and then set a Geofence around their facility. The system can be set up to send an SMS message to the appropriate people if the senior leaves the designated area. Operators could also use it to see patient movements in real time, and either go out to retrieve the individual or ignore the alert if the activity is verified as appropriate. For example, the resident may have a scheduled doctor's appointment or a family member may be bringing them to a holiday get-together.
Teen and child tracking
The elderly are not the only ones that wonder off into dangerous areas. GPS businesses could also be built around parents' desire to keep track of their children. Teen tracking is most often done by affixing a tracking device to their vehicle so that parents can keep tabs on how fast and where they are driving. However, it would also make sense to keep it on their person to verify that the teen is where they are supposed to be. Another application could be for tracking children. Tracking wouldn't need to be 24/7, but it could be an especially useful service for busy areas like a mall or amusement park. A GPS tracking business could set up short-term services for families to keep track of their children while on vacation or for schools to keep track of their students during a field trip. Parents can rest a little easier knowing they can quickly check up on their child's location.
Children are priceless to parents, and VIPs are priceless to the organizations they work for. VIP tracking can be used by personal security teams to help them keep track of the individuals they are hired to protect. A GPS tracking business could sell wearable tracking devices and services to private security companies.
Pet tracking and recovery
Pet tracking is another area where wearable GPS devices could be useful. And since many pets (especially dogs) already wear a collar, affixing a GPS device to one doesn't add to much extra burden. Pet owners could put a GPS unit on their pet's collar that could send them text message if the animal leave the Geofence drawn around their property line. If the pet does leave home, the owner can use the real-time tracking to find where their pet has wondered off to and bring it home.
GPS is no longer just for tracking vehicles. If you're thinking about starting a GPS tracking business, don't forget to examine some of the opportunities in the wearables space. To learn more about wearable GPS tracking, sign up for a free demo of the Position Logic platform. During the demo, you'll learn about the benefits of the platform as well as how you can leverage the technology to build your own GPS tracking business.