It's called Assisted GPS Locators and it helps locate your vehicle or pet on-demand or via your own customized safety zones.
By using a computer, you can find the exact location of something or be alerted if say, your pet goes outside of a 'boundary' you have set up around your block via email and/or text message on your cell phone.
The actual device costs $200 to $250 depending on the application and monthly fees are $10.
Implications - They are called Assisted GPS Locators and they allow you to quickly locate either your pet or your vehicle. By simply using your computer you can track down your missing items and regain piece of mind.
Pay-As-You-Go Assisted GPS
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Trend Themes
1. Assisted GPS Locators - Using Assisted GPS Locators to quickly locate missing items can disrupt the traditional pet and vehicle tracking market.
2. Pay-as-you-go GPS - Implementing Pay-As-You-Go pricing models for GPS tracking can disrupt the traditional subscription-based GPS market for pets and vehicles.
3. Customized Safety Zones - Offering customizable safety zones for pet and vehicle tracking can disrupt traditional tracking solutions and offer a more personalized service for customers.
Industry Implications
1. Pet Tracking - Assisted GPS locators can disrupt the traditional pet tracking industry by offering a more efficient tracking solution.
2. Vehicle Tracking - Pay-As-You-Go GPS pricing models can disrupt the traditional vehicle tracking industry by offering a more flexible and affordable solution.
3. GPS Subscription Services - Customized safety zones can disrupt the traditional GPS subscription services market by offering a more personalized and advanced tracking solution for customers.