openPR Logo
Press release

Smart Connected Pet Collar Market to Grow at a CAGR of 9.5% during 2019–2026

06-23-2020 07:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Smart Connected Pet Collar Market

Smart Connected Pet Collar Market

Allied Market Research published a report, titled,"Smart Connected Pet Collar Market Type (Cat and Dog) and Sales Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global smart connected pet collar market garnered $322.7 million in 2018, and is estimated to reach $653.5 million by 2026, registering a CAGR of 9.5% from 2019 to 2026.

Drivers, restraints, and opportunities

Rise in trend of nuclear families, rapid humanization of pets, and increase in awareness about pet health drive the global smart connected pet collarmarket. However,unfavorable environment for pets and rise in occurrence of pet allergy restrain the market growth. On the other hand, increase in pet ownership in the developing nations and rise in e-commerce sales create new opportunities in the coming years.

Request Sample Report at:

COVID-19 Scenario
• The precautionary measures taken by governments and other authorities restricts pet walking due to which the market has witnessed a decrease in demand for smart connected pet collar.
• On the other hand, the manufacturing companies have come to a halt due to the novel corona virus outbreak. In addition, supply chain has also been disrupted. Moreover, only essential goods for pets are allowed to be sold in the market.

The dog segment to maintain its lead status in terms of revenue throughout the forecast period

Based on pet type, the dogsegment accounted for more than two-thirdsof the global smart connected pet collarmarket in 2018, and is expected to maintain its lead status in terms of revenue throughout the forecast period. This is due to rise inawareness and consciousness of owners about pet's health responsible to changetheir preference towards smart collars to continuously monitor their location as well as their health. However, the cat segment is estimated toportray the highest CAGR of 10.0% from 2019 to 2026, owing torise in need of smaller pets in households.

The offlinesegment to maintain its leadership position during the forecast period

Based on sales channel, the offline segment contributed to the highest market share in 2018, with more than four-fifths of the global smart connected pet collarmarket, and is estimated to maintain its leadership position during the forecast period. This is attributed to easy accessibility and availability of wide range of pet accessories.However, the onlinesegment is estimated to generate the fastest CAGR of 10.6% from 2019 to 2026. This is due torapid growth in online and mobile user customer bases in emerging markets.

For Purchase Enquiry at:

North America,to maintain its dominanceduring the forecast period

Based on region, NorthAmerica accounted for the highest share based on revenue, holding for more than half of the total share of the global smart connected pet collarmarket in 2018, and is projected to maintain its dominant position throughout the forecast period.This is attributed toincrease in the number of pet owner families in this region.However, Asia-pacific is estimated toportray the fastest CAGR of 12.3% from 2019 to 2026, owing torise in purchasing power and rapid urbanization in this region.

Leading market players
• FitBark
• Radio Systems Corporation
• Tractive
• PetPace
• Eureka Technology Partners, LLC
• Scollar
• Wagz, Inc.
• Whistle Labs Inc.


About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Follow Us on LinkedIn:

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Connected Pet Collar Market to Grow at a CAGR of 9.5% during 2019–2026 here

News-ID: 2078821 • Views: 163

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ Synthetic biology is at a nascent stage and has recently

All 5 Releases

More Releases for Pet

Pet Humanization influencing Pet Medical Insurance Market - Arizton
Normal humanizers and extreme humanizers both tend to spend more on pet medical insurance products. Arizton’s recent market research report on the global pet insurance market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights on segmentation by insurance type (accident & illness and accident only), animal type (dogs, cats, and others), distribution (agency, broker, bancassurance, and direct writing), and geography (APAC, Europe, Latin America, MEA, and
Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products …
Researchmoz added Most up-to-date research on "Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products, Pet Health Products, Pet Feeding Products and Pet Clothing Products" to its huge collection of research reports. This report studies the global Pet Product market, analyzes and researches the Pet Product development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top
Pet Guardian App - Keeps Your Pet Healthy and Safe
One of the first things you need to do is to ensure that your pet is eating nutritious and healthy food. There are quite a number of good quality pet food brands to choose from. It's just as important to know what you should not be feeding your pet. These all types of information you will get easily through our Pet Guardian App, as there are cases where the food
Pet Health Products Market
A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The
Pet Project Malaysia 2013
To be held on 23rd March, 2013 (from 9am to 6pm) at The British International School of Kuala Lumpur in association with Expatriate Lifestyle, Pet Project Malaysia is BACK and we are once again “Getting Active to Help Save Animals”. Created in 2011, this is an event to unify the community in supporting animal welfare by doing something FUN and proactive. This event is open to the public and we