Smart-Connected Pet Collars Market See Huge Growth for New Normal

The Global Smart-Connected Pet Collars Market is expected to grow by $ 816.08 mn during 2022-2026, accelerating at a CAGR of 14.47% during the forecast period

The global smart connected pet collars market is highly fragmented, with the presence of several small and mid-size vendors. Vendors are very competitive in terms of their product offerings. These companies mostly focus on increasing their R&D investments in order to introduce innovative products and services. Rapid technological advances are the key value proposition that vendors adopt to capture higher market shares.

Key Smart-Connected Pet Collars Market Trend

The growing demand from working individuals for pet monitoring is one of the major trends influencing the smart-connected pet collars market growth. Some small and mid-sized businesses (SMBs) have started introducing pet-friendly policies, such as allowing employees to bring their pets to the workplace. However, most companies do not support such policies as they feel that they will affect the work environment. Most people are away from their homes for around 8-10 hours a day, which leads to a demand for smart collars to monitor their pets. The use of smart connected pet collars helps them connect with their pets from their work location via specified mobile applications. This enhances the interaction between the owner and pet, thus supporting the growth of the global smart connected pet collar market. For instance, Mars Inc. launched an Artificial Intelligence (AI)-based facial recognition mobile app called ForPaw to help pet parents and animal rescuers quickly identify and locate dogs in the city.

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This report examines all the key factors influencing growth of global Smart-Connected Pet Collars market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Smart-Connected Pet Collars market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Global Smart-Connected Pet Collars Market: Major Players
Whistle Labs
Wagz
Link AKC
WUF
RAWR
Scollar
PetPace
Radio Systems
FitBark
KYON

Global Smart-Connected Pet Collars Market: By Types
Blueteeth
Wifi
GPS
Other

Global Smart-Connected Pet Collars Market: By Applications
Dogs
Cats

Global Smart-Connected Pet Collars Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Smart-Connected Pet Collars market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Key Questions Answered

What are the key global market and the regional market share?

What are the revenue-generating key market segments?

What are the key factors driving and challenging this market's growth?

Who are the key market vendors and their growth strategies?

What are the latest trends influencing the growth of this market?

What are the variables influencing the market growth in the primary regions?

What are the factors influencing the growth of the parent market?

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