Wearables for Pets Market Global Industry Analysis, Segments Overview, Prominent Players Review and Forecast To 2027

The Wearables for Pets market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Wearables for Pets market research report recommends a business strategy for present market participants to strengthen their position in the market.

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The Global Wearables for Pets Market Size is Projected to Reach at a CAGR of 19.67% during 2021-2027.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: FitBark, Garmin, KYON, PetPace LLC, i4C Innovations, Whistle Labs Inc., Tractive, Girafus, High Tech Pet, Binatone Global, Cybortra Technology

Recent Developments
In December 2018, Tractive launched a GPS tracker and activity monitor for cats. This new device enables cat owners to discover where their cats go, see how much time they spend on various locations, and find them whenever required.

In December 2018, FitBark partnered with Fitbit (US). This partnership allowed Fitbit users to track both their own and their pet’s daily stats and goals, including activity, distance walked, and calories burned

Wearables for Pets Market Segmentation:

Wearables for Pets market Segmentation By Type:

Identification

Tracking

Safety & Security

Facilitation

Behavioral Monitoring & Control

Others

Wearables for Pets market Segmentation By Application:

Dog

Cat

Birds

Others

Market Overview:

The Wearables for Pets Market is expected to reach USD 1,718 million by 2024 from USD 703 million in 2020  CAGR. The growth of the market is attributed to the increasing concerns toward pet health and wellbeing, rising pet population & pet humanization, surging demand for IoT in pet tracking devices, and growing expenditure on pets due to high disposal income.

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North America to continue to hold the largest market share during the forecast period

Increasing trend toward pet adoption and humanization, growing disposable income, and increasing per capita animal healthcare expenditure are the major growth drivers of the market. In addition, rising awareness of pet health and increasing adoption of innovative pet care products by growing number of tech-savvy owners are a few other significant factors for driving the growth of the pet wearable market in North America.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Wearables for Pets Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Wearables for Pets Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Wearables for Pets industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Wearables for Pets marketplace in the during the forecast period?

Covid-19 Impact and Recovery Analysis:

The number one goal of this Wearables for Pets Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Wearables for Pets market document.

Customization: -

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