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Pet Wearable Market 2023 - Business Overview, New Share, Trends Analysis, And Forecast To 2032 | Allflex USA Inc., Avid Identification Systems Inc., Dairymaster
Pet Wearable Market
The Business Research Company's Pet Wearable Global Market Report 2023 identifies rise in demand for pet monitoring globally contributed to the pet wearable market's growth. Pet owners often view pets as family members and are willing to spend on pet products and services.
The global pet wearable market size grew from $2.47 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The pet wearable market size is expected to grow to $5.24 billion in 2027 at a CAGR of 16.4%.
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Major competitors in the pet wearable market are Allflex USA Inc., Avid Identification Systems Inc., Dairymaster, Datamars Inc., Felcana, FitBark Inc., Garmin Ltd., GoPro Inc., Intervet Inc., Invisible Fence, Konectera Inc., Scollar Inc., Tractive GmbH, Trovan Ltd., PetPace Ltd., Motorola Mobility LLC, Num'Axes, Dogtra, Dog Tracker Nano, DeLaval Inc., Furbo, GIBI Technologies, Nedap, Omnia Technologies, Pawbo Inc., Indiegogo Inc., Invoxia, and Jiobit.
Companies operating in the pet wearable market are increasingly adopting IoT (Internet of things) technology in pet tracking devices to allow pet owners to seamlessly track the activity and location of their pets. IoT-enabled pet tracking devices utilize IoT technology that uses GPS (Global Positioning System) or cellular tower triangulation to pinpoint the tracker's location. This data can be accessed by a companion application that is installed on the pet owner's smartphone. The advantages of IoT-enabled pet trackers include high precision in location tracking, geofencing notifications if the pet leaves a specified area, and longer battery life.
Read More On The Global Pet Wearable Market Report Here:
https://www.thebusinessresearchcompany.com/report/pet-wearable-global-market-report
The pet wearable market is segmented -
• By Product Type: Smart Collar, Smart Camera, Smart Harness and Vest, Other Product Types
• By Technology: RFID Devices, GPS, Sensor, Bluetooth, Other Technologies
• By Application: Identification and Tracking, Monitoring and Control, Medical Diagnosis and Treatment, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pet wearable market.
The Business Research Company's "Global Pet Wearable Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pet Wearable Market Include:
1. Pet Wearable Market Executive Summary
2. Pet Wearable Market Segments
3. Pet Wearable Market Size And Pet Wearable Market Growth Rate
4. Key Pet Wearable Market Trends
5. Major Pet Wearable Market Drivers
……
25. Key Mergers And Acquisitions In The Pet Wearable Market
26. Top Pet Wearable Companies
27. Pet Wearable Market Opportunities And Strategies
28. Pet Wearable Market, Conclusions And Recommendations
29. Appendix
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