Press release
Global Electronic (E) Learning For Pet Services Market to Reach $15.95 Billion by 2029, Growing at 14% CAGR
What Is the Expected Size and Growth Rate of the Electronic (E) Learning For Pet Services Market?Over the past few years, the size of the electronic learning (E-learning) for pet services market has experienced significant growth. The market is set to expand from $8.45 billion in 2024 to $9.61 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.8%. The surge observed during the historic period can be traced back to several factors such as the wider acceptance of digital technology in education, the widening reach of the internet, the escalating demand for flexible learning solutions, the advancements in the delivery of multimedia content, the demand for standard training in pet care, and the growth of online communities and resources.
Rapid expansion is anticipated in the electronic (E) learning for pet services market in the coming years, with predictions indicating an increase to $15.95 billion in 2029, backed by a compound annual growth rate (CAGR) of 13.5%. The growth predicted during the forecast period is largely due to the rising implementation of artificial intelligence and virtual reality in pet training programs, proliferation of mobile learning platforms, increasing emphasis on personalized and adaptive learning methods, emergence of telemedicine and virtual consultations in pet healthcare, demand for cost-effective and scalable training solutions and a continual need for regulatory compliance and certification. Noticeable trends during the forecast period include the application of artificial intelligence for individualized training, the growing usage of virtual and augmented reality for an immersive training experience, expansion of mobile and on-demand learning solutions, use of gamification to improve engagement, increasing reliance on data analytics for monitoring and enhancing learner performance, and the trend towards subscription-based models for uninterrupted access.
What Factors Are Fueling Growth in the Electronic (E) Learning For Pet Services Market?
The expansion of the electronic (E) learning for pet services market is anticipated to be facilitated by the rising pet expenditure. This expenditure encompasses the total cost of pet care, including items like food, grooming tools, and healthcare services. There's a surge in pet spending because an increasing number of pet owners treat their pets as part of their family, triggering a demand for superior products and services. E-learning for pet services simplifies the process for pet owners to get training and care advice, thus encouraging more expenditure on pet wellbeing. A report issued by the US-based financial services corporation, Morgan Stanley, in July 2024 projected that annual pet industry spending would increase at a rate of 7% until 2030. Additionally, by 2026, per pet household spending is anticipated to reach $1,445 and $1,733 by 2030. This implies a 113% rise in the overall industry expenditure, amounting to $261 billion by 2030. Hence, the rise in pet spending is propelling the growth of the electronic (E) learning for pet services market.
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Which Leading Companies Are Shaping the Growth of the Electronic (E) Learning For Pet Services Market?
Major companies operating in the electronic (E) learning for pet services market are PetSmart Inc., Garmin Ltd., Coursera Inc., Dogtopia Enterprises LLC, Radio Systems Corporation, Rover Inc., Best Friends Pet Care Inc., Penn Foster Inc., Kong Inc., Wag Labs Inc., SportDOG Inc., Bark Busters Pty Ltd, Shenzhen Wellturn Technology Co. Ltd, Pet Addict, ACS Distance Education Ltd, Dogtra Co, E-Collar Technologies Inc., Highland Canine Training LLC, ProTrainings LLC, PawSquad
What Are the Major Trends Shaping the Electronic (E) Learning For Pet Services Market?
Leading firms in the e-learning market for pet services are innovating virtual reality pet training services to boost the efficiency and interaction of pet care and training education. This involves providing simulated surroundings where pet owners and trainers can practice instructions and techniques in a virtual setting, thus improving training without the necessity for real-world conditions. For example, in June 2022, Top Tier K9, an American dog trainer academy, unveiled a revolutionary virtual reality dog training course. This interactive platform caters to dog owners, trainers, and animal shelters. Users are educated on critical commands (like sit, climb, down, come, heel) and the correct usage of a collar and leash in a virtual 3D environment. Real-time feedback is incorporated into the program and a 1.3-second command interval that aligns with a dog's memory span to enhance training effectiveness.
What Are the Key Segments of the Electronic (E) Learning For Pet Services Market?
The electronic (E) learning for pet services market covered in this report is segmented -
1) By Type: Online Courses; Webinars; Videos; Ebooks
2) By Platform: Web-Based; Mobile-Based
3) By Subscription: One-Time Purchase; Subscription-Based
4) By Application: Pet Care; Pet Training; Pet Grooming; Pet Nutrition; Other Applications
Subsegments:
1) By Online Courses: Certification Courses For Pet Grooming; Training Programs For Pet Sitters And Dog Walkers; Veterinary Care And Animal Health Courses; Pet Behavior And Training Courses; Online Courses For Pet Nutrition And Dietetics; Pet Photography And Videography Courses
2) By Webinars: Live Webinars On Pet Training Techniques; Expert Talks On Pet Health And Wellness; Interactive Sessions For Pet Care Professionals; Pet Grooming Webinars; Webinars On Animal Behavior And Psychology
3) By Videos: Instructional Videos For Pet Care; Step-By-Step Pet Grooming Tutorials; Pet Training Video Series; Veterinary Health And First Aid Videos; Videos On Pet Safety And Emergency Care; Pet Nutrition And Meal Preparation Videos
4) By eBooks: Pet Grooming And Care eBooks; Animal Training And Behavior eBooks; Pet Health And Medical eBooks; eBooks On Pet Sitting And Dog Walking; Pet Breeding And Genetics eBooks; Pet Nutrition And Diet Planning eBooks
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Which Region Dominates the Electronic (E) Learning For Pet Services Market?
North America was the largest region in the electronic (E) learning for pet services market in 2024. The regions covered in the electronic (E) learning for pet services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Electronic (E) Learning For Pet Services Global Market Report?
- Market Size Analysis: Analyze the electronic (e) learning for pet services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the electronic (e) learning for pet services 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 electronic (e) learning for pet services market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the electronic (e) learning for pet services market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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