Smart Luggage Market Size

Global Smart Luggage Market size was valued at USD 3.4 billion in 2023 and is poised to grow from USD 3.83 billion in 2024 to USD 9.97 billion by 2032, growing at a CAGR of 12.7% during the forecast period (2025-2032). 

This growth is driven due to improvements in technology, increased travel and tourism, and increasing consumers' desire for convenience and security.

The key trend driving the growth of the smart luggage market is technological innovation, as smart bags are developed with features like GPS location, electronic locks, USB charging points, and weighing measures. Such features are of immense convenience as they solve common issues faced by travelers like locating misplaced bags or coping with overpacking. Incorporating Bluetooth, RFID-blocking properties, and app-managed systems lends even more appeal to such items for tech-savvy shoppers who desire seamless travel experiences.

• For instance, in January 2024, Travelpro introduced its first remote-locking smart luggage. The innovation allows users to lock and unlock their bags remotely using a smartphone app, increasing security and ease of travel.

The greater need for convenience is another significant impetus of the smart luggage industry. Travelers today are looking for solutions that simplify their travel, and smart luggage offers handy features such as self-weighing bags and remote locking. This comes in handy for frequent flyers and corporate travelers who appreciate the value of efficiency and time-saving solutions while traveling from airport to airport and from transit hub to transit hub. With the tourism industry bouncing back from the post-pandemic, there has been increased demand for new, technology-driven travel accessories, and smart luggage is among the largest beneficiaries.

How Artificial Intelligence Enhancing Travel with Smart Luggage?

By making autonomous operation, customized travel aid, and anticipatory features possible, artificial intelligence (AI) is revolutionizing the smart luggage industry. AI-powered suitcases, such as Ovis, track people, detect obstructions, and notify owners of theft or diversion through computer vision and real-time processing. Voice assistant support and travel apps improve user experience by organizing itineraries and sending travel updates. As AI improves, intelligent baggage is transforming from a storage device to an engaged travel partner, attracting frequent and technology-savvy visitors in the process.

• For instance, at CES 2024 in January 2024, when ForwardX Robotics unveiled an enhanced Ovis smart suitcase. To independently track its owner, navigate around obstacles, and send alerts through a smart bracelet in case of separation, the smart suitcase employs AI-driven computer vision. Improved user recognition, quicker obstacle response, and improved tracking algorithms were all present in the 2024 version.