Smart Connected Pet Collar Market Report 2026 | COVID- 19 Impact and Recovery | AMR

The smart connected pet collar market size was valued at $322.7 million in 2018, and is expected to reach $653.5 million by 2026, registering a CAGR of 9.5% from 2019 to 2026. The dog segment registered the highest smart connected pet collars market share in 2018, and is expected to retain its dominance throughout the forecast period.

Smart connected pet collars are designed to monitor the temperature, heart rate, position, and location of pets through the means of wireless communication. These collars display all the necessary information it collected via mobile applications. They are specially designed for monitoring and tracking the location of pets. Furthermore, this information is also used by veterinarians to treat pets.

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The global smart connected pet collar market is segmented on the basis of pet type, sales channel, and region. Depending on pet type, the market is bifurcated into cat and dog. Based on sales channel, it is studied across offline and online channels. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA

North America leads in terms of smart connected pet collar market share and is expected to retain its dominance during the forecast period.
U.S. was the highest contributor to the global smart connected pet collar market, with $151.3 million in 2018. The country is expected to generate revenue of $274.5 million by the end of the forecast period.

In 2018, based on sales channel, the offline segment leads in terms of global smart connected pet collar market share in 2018. However, this segment is expected to lose market share, owing to growing prevalence of online sales channel.

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The online sales channel segment to gain significant traction in the upcoming years and is expected to witness CAGR of 10.6% during the forecast period.

The dog segment accounted for around 68% share of the smart connected pet collar in 2018, and is poised to grow at a significant CAGR during the forecast period.

Based on region, Asia-Pacific is anticipated to grow with robust CAGR of 12.3% during the smart connected pet collar market forecast period.

Some of the key players operating in the smart connected pet collar market analysis include FitBark, Radio Systems Corporation, Tractive, PetPace, Eureka Technology Partners, LLC, Scollar, Wagz, Inc., KYON, Whistle Labs Inc., Fi.

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