Press release
Pet Wearable Market Booming Demand Leading To Exponential CAGR Growth By 2027 |Eureka Technology, Whistle Labs LLC, Furbo, Vence, Allflex USA Inc., Piavita, Wagr, PetPace, Invoxia and others
Polaris Market Research has announced the addition of the " Pet Wearable Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Pet Wearable Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.This report provides in depth study of "Pet Wearable Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Pet Wearable Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.
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[**NOTE: This report Sample includes;
o Brief Introduction to the research report
o Table of Contents (Scope covered as a part of the study)
o Top players in the market
o Research framework (presentation)
o Research methodology adopted by Polaris Market Research]
The key players covered in this study
• Whistle Labs LLC
• Allflex USA Inc.
• Garmin
• Intervet Inc
• Konectera Inc.
• Tractive GmbH
• Link AKC
• Scollar
• Tractive GmbH
• Omnia Technologies
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market
.
The global pet wearable market size is expected to reach USD 3.9 billion by 2027 according to a new report published by Polaris Market Research. Veterinary wearables are the wireless devices enabled with technology to transfer medical and wellness data of an animal or pet on a real time basis. The ecosystem of wireless technology is created via web enabled hardware devices with the owner’s smart phone, also known as “internet of things” to enable data transmission. Through this IOT system the key health metrics of the wearer are analyzed through analytics software.
The prominent factors impacting the growth of Pet Wearable include surge in pet population & concerns regarding livestock health, increasing usage of recent technologies in pet tracking devices such as internet of things & artificial intelligence, need to contain animal poaching of endangered animals, and rising spending trends of pet owners, particularly in high income countries. As per the statistics published by the Association for Pet Obesity Prevention (APOP), in 2018, there were approximately, 60 and 56 per cent dogs and cats were obese or doesn’t had sound health metrics.
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Polaris Market Research has segmented the pet wearable market report on the basis of product, technology, application and region
Pet Wearable Product Outlook (Revenue – USD Million, 2016 – 2027)
• Smart Collars
• Activity Trackers
• Pet Emotion Sensors
• Smart Vests
• Smart Cameras
• Smart Harnesses
Pet Wearable Technology Outlook (Revenue – USD Million, 2016 – 2027)
• GPS
• RFID Devices
• Bluetooth
• Sensors
Pet Wearable Application Outlook (Revenue – USD Million, 2016 – 2027)
• Identification & Tracking
• Medical Diagnosis & Treatment
• Behavior Monitoring & Control
• Safety & Security
• Facilitation
Geographically, the global Pet Wearable market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key Benefits:
o This study gives a detailed analysis of drivers and factors limiting the market expansion of Pet Wearable
o The micro-level analysis is conducted based on its Application, Type, and Distribution Channel And geographies
o Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
o By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Pet Wearable Market
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About Us
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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