Pet GPS Tracker Market to Witness Massive Growth by 2028 | Apple, Fi, Samsung, Tractive, Jiobit

According to HTF MI, The report "Global Pet GPS Tracker Market: Industry Trends, Size, Share, Growth, Opportunity, and Forecast 2023-2029" was published in the year 2023. From 2023 to 2028, the Global Pet GPS Tracker Market is expected to develop at a compound annual growth rate (CAGR) of 13.56%, reaching USD 125.6 Million in 2023 and USD 269.1 Million by 2028.

A pet GPS tracker is a gadget that tracks and locates pets in real time using Global Positioning System (GPS) technology. It is intended to provide pet owners peace of mind by allowing them to track their pets' whereabouts and swiftly locate them if they go missing. Here are some of the most important features and benefits of pet GPS trackers. GPS technology is used by pet GPS trackers to deliver real-time location updates for your pet. You may view your pet's exact position on a map using a smartphone app or a web interface. Many pet GPS trackers have geofencing features that allow you to define virtual borders or safe zones for your pet. If your pet leaves the set region, an alarm will be sent to your smartphone, allowing you to take prompt action.

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Key and Developing Players,
• Apple
• Fi
• Samsung
• Tractive
• Jiobit
• Tile
• Halo
• FitBark
• PetFon
• GeoZilla
• Wagr
• Whistle
• Garmin

Market Drivers
• Pet GPS trackers are becoming more popular as pet ownership rates climb throughout the world.
• People hunt for methods to increase their dogs' safety and security since they consider their pets to be part of their family.
• GPS tracking technology has advanced in the market, with increased precision, longer battery life, and smaller gadget sizes.
• Because of these developments, pet GPS trackers are now more dependable, convenient, and user-friendly.

Market Trend
• Pet GPS trackers have a global market, with regional variances in acceptability and demand.
• The market is well-established in places where there is a large percentage of pet ownership and an emphasis on animal security and well-being.

Market Opportunities
• To respond to diverse client preferences, the market offers a wide selection of pet GPS trackers with varying features and functionality.
• Real-time tracking, geo-fencing, activity monitoring, smartphone app connectivity, and waterproof or robust designs are examples of these characteristics.

Data Sources of Pet GPS Tracker Market Study:
• HTF Market Intelligence has followed a targeted and realistic research strategy for the Pet GPS Tracker Market, which allows it to investigate the essential market dynamics in numerous locations throughout the world.
• Furthermore, our analysts conduct in-depth assessments of geographical regions to give customers and enterprises the potential to prevail in specialized markets of the Pet GPS Tracker Market and develop in new territories.
• The global Pet GPS Tracker market research also demonstrates how shifting player dynamics are influencing the market growth.
• Furthermore, our market analysts thoroughly examine the products and services given by various Pet GPS Tracker industry companies striving to improve their market share and visibility.

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Pet GPS Tracker Market Segmentation:
Market Breakdown by Applications:
• Waterproof Type
• Non-waterproof Type

Market Breakdown by Types:
• Identification and Tracking
• Behavior Monitoring and Control
• Facilitation
• Safety and Security
• Medical Diagnosis and Treatment

Report Scope:

The Market size value in 2023 - USD 125.6 Million
Revenue Forecast by 2033 - USD 269.1 Million
Growth Rate - CAGR Of 13.56%
Regions Covered - Europe, North America, the Middle East and Africa, Latin America, and the rest of the world
Historical Years 2018-2022
Base Year 2022
Estimated Year 2023
Short-Term Projection Year 2028

Competitive Landscape:
Along with researching the profiles of the top competitors in the Pet GPS Tracker market, the competitive environment is thoroughly studied. Some of the players profiled are Fi, Apple, Samsung, Jiobit, Tractive, Tile, FitBark, Halo, PetFon, Wagr, Whistle, GeoZilla, Garmin

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Key highlights of the report:
📝 Pet GPS Tracker Market Performance (2018-2022)
📝 Pet GPS Tracker Market Outlook (2023-2028)
📝 Pet GPS Tracker Market Trends
📝 Pet GPS Tracker Market Drivers and Success Factors
📝 SWOT Analysis
📝 Value Chain Analysis
📝 Detailed competitive landscape

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.