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Major Market Shift in Kennel Management Software Industry: Revolutionizing Veterinary Client Communication By Introducing Next-Gen Pet Owner Engagement Software
What Is the Forecasted Market Size and Growth Rate for the Kennel Management Software Market?In recent times, the kennel management software market has experienced substantial growth. The market is projected to increase from $3.79 billion in 2024 to $4.13 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.0%. The previous growth can be linked to the widespread accessibility of smartphones, the advancement in pet care services, the expansion in the pet boarding industry, and an increase in pet welfare awareness.
Forecasted to see robust expansion in the coming years, the kennel management software market is predicted to reach a value of $5.76 billion by 2029, with a compound annual growth rate (CAGR) of 8.7%. This expected growth in the forecast period can be credited to a rising trend in pet ownership, an upsurge in spending on pet care services, a mounting demand for structured kennel management solutions, and an increase in pet care facilities. Key trends to watch in the forecast period encompass technological innovations, social media engagement, cloud-based offerings, smart device integration, and health tracking and reporting.
What Are the Primary Growth Drivers for the Kennel Management Software Market?
The increase in pet ownership is anticipated to boost the kennel management software market's expansion. Having a pet entails caring for and owning a domesticated animal, primarily for companionship and amusement. The surging demand for pet ownership is prompted by several factors, such as the desire for emotional support and companionship, the impact of social media, and pet-accommodating policies. Kennel management software accommodates the rising demand for pet-related services by effectively managing reservations and monitoring pet health records. This tool allows businesses to simplify operations while maintaining high levels of care, meeting various pet owners' expectations. For instance, the American Pet Products Association, a US-based non-profit organization, reported that in April 2024, in 2023, 86.9 million US households had a pet. This represents 66% of US households, a rise from 62% in 2022. Additionally, almost one in 10 U.S. families has an exotic animal as a pet. Thus, the surge in pet ownership is fueling the expansion of the kennel management software market.
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Which Businesses Are at the Forefront of Kennel Management Software Market Development?
Major companies operating in the kennel management software market are Pet Sitter Plus, Daysmart Software Inc., K9Sky Inc., 123Pet Software, PawLoyalty LLC, PetExec Inc., PETLINX Pty Ltd., Precise Petcare LLC, PedFast Technologies, Pawfinity LLC, KennelPlus, KennelBooker Ltd., Revelation Pets Ltd., Kennel Link LLC, KennelSoft LLC, Pet Manager Software Pty Ltd., Kennel Geek, Pet Resort Pro, DoTimely LLC, Gingr, ProPet Software Inc., Gespet, DoggieDashboard, Pet Admin Ltd., PetSitClick
What Are the Latest Innovations in the Kennel Management Software Market?
Key industry players in the kennel management software market are concentrating on creating revolutionary, next-generation solutions, such as specially designed software suites for managing pet boarding facilities. These solutions not only track pet details and requirements but also allocate specific kennels to each pet. One such specialized program aims to streamline pet boarding business operations by simplifying them. For instance, DaySmart Software, a U.S.-based firm that provides business management solutions, introduced Boarding by DaySmart Pet in July 2022. This advanced software, tailor-made for pet boarding facilities management, is a wide-ranging kennel management software. It provides various features to facilitate the operations of pet boarding facilities, including an easy-to-use digital appointment book for scheduling and managing, drag-and-drop functionality for easy kennel occupancy, and pet transfers. Additionally, the software has automated reservation reminders for clients and includes integrated credit card processing for smooth payment administration. Overall, this software is designed to assist pet boarding facilities in effectively managing their everyday tasks, enhancing customer satisfaction, and boosting revenue.
How Is the Kennel Management Software Market Segmented?
The kennel management software market covered in this report is segmented -
1) By Type: Cloud, On-Premise
2) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By End-User: Pet Boarding Facilities, Grooming Salons, Daycare Centers, Training Institutes
Subsegments:
1) By Cloud: Public Cloud, Private Cloud, Hybrid Cloud
2) By On-Premise: Single-Site Deployment, Multi-Site Deployment
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Where Is the Kennel Management Software Market Growth Most Prominent?
North America was the largest region in the kennel management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kennel management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Kennel Management Software Global Market Report?
- Market Size Analysis: Analyze the Kennel Management Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Kennel Management Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Kennel Management Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Kennel Management Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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