Pet Wearable Market Projected to Hit USD 4,839.61 Million by 2032, to grow at a CAGR of 13.8% | PMR

The global pet wearable market size was valued at USD 1514.32 million in 2023, and it is anticipated to grow to USD 4,839.61 million by 2032, exhibiting a CAGR of 13.8% during the forecast period from 2024 to 2032.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/pet-wearable-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:

Pet wearables are devices that can be worn on a pet's body to perform a variety of functions, including medical diagnosis and therapy. To now, there are six distinct pet wearable domains: medical diagnosis and therapy, identification, and tracking. These gadgets aid in the collection of data, which is then tracked via a companion app loaded on a pet owner's smartphone. The pet wearable is used to measure information about the pet, such as fitness, activity, sleep time, behavior, and steps.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The companies in the marketplace are involved in gaining market traction through product innovation with investor funding. Here is the list of the leading companies operating in the pet wearable market:

• Dindog Tech S.L
• SwineTech
• Halter
• Omnia Technologies
• Eureka Technology
• Whistle Labs LLC
• Furbo
• Vence
• Allflex USA Inc.
• Piavita
• Wagr
• PetPace
• Invoxia
• Pawbo Inc.
• Avid Identification Systems Inc.
• GIBI Technologies
• Dog Tracker Nano
• Jiobit

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/97/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The market is mainly segmented by product, technology, application, and region. Based on product type, the smart collar product segment held the greatest share and is expected to maintain its dominance during the study period. Factors like as herd management among livestock caretakers, pet health monitoring, and location tracking are driving the industry forward.

Furthermore, according to the technological analysis, the global pet wearable market is divided into four segments: GPS, RFID devices, Bluetooth, and sensors. The RFID category accounted for the greatest proportion because to its widespread usage and attractiveness as pet theft incidents increased.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/pet-wearable-market

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

● The growing desire to monitor pets for medical reasons and track endangered species is moving the business forward. Technological developments, increased use of mapping software, and expanding adoption of IoT all contribute to the market's growth.

● Growing mobile device usage, combined with increased knowledge of pet care, would boost market growth. Other variables that contribute to market expansion include more disposable income and improved living standards.

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

• North America (U.S., Canada)

• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

•Latin America (Brazil, Mexico, Argentina)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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