Press release
Leading Growth Driver in the Smart Pet Locator And Motion Detector Market in 2025: Increasing Pet Ownership Driving The Growth Of The Smart Pet Locator And Motion Detector Market Driver's Influence
Smart Pet Locator And Motion Detector
The rising pet ownership is expected to support the growth of the smart pet locator and motion detector market. As more people keep pets for companionship and emotional support, they seek devices that enhance pet safety and monitoring. For example, the percentage of U.S. households owning cats grew from 26% in 2020 to 29% in 2022, fueling the demand for smart pet locators and motion detectors.
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What is the projected compound annual growth rate (CAGR) of the smart pet locator and motion detector market from 2025 to 2034, and what factors influence it?
The smart pet locator and motion detector market has seen considerable growth in recent years. It will grow from $100.44 billion in 2024 to $110.06 billion in 2025, reflecting a CAGR of 9.6%. This growth is driven by the increasing focus on pet safety, rising instances of lost pets, the expansion of e-commerce platforms, urbanization, and the growing popularity of outdoor activities with pets.
The smart pet locator and motion detector market is expected to grow significantly, reaching $156.58 billion by 2029 with a CAGR of 9.2%. Growth is driven by increasing pet ownership, rising pet safety awareness, higher disposable incomes, growing demand for real-time tracking, and an increasing focus on pet healthcare. Trends include technological advancements, integration with smart home systems, AI-powered pet tracking, Bluetooth technology, and subscription services.
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How are the latest trends influencing the growth of the smart pet locator and motion detector market?
Companies in the smart pet locator and motion detector market are innovating with AI wearables for pets to improve safety and monitoring. In January 2024, Invoxia introduced the Minitailz Smart Pet Tracker, an AI-powered wearable for pets. It tracks location, heart rate variability (HRV), and behavior patterns while providing GPS tracking and real-time monitoring to ensure pet safety.
What are the major segments of the smart pet locator and motion detector market and their role in driving growth?
The smart pet locator and motion detector market covered in this report is segmented -
1) By Type: With Display, Without Display
2) By Application: Training, Tracking, Monitoring
3) By Sales Channels: Offline, Online
Subsegments:
1) By With Display: Handheld Displays, Wearable Displays, Smartphone-Connected Displays
2) By Without Display: GPS-Based Trackers, Bluetooth-Based Trackers, RFID-Based Trackers
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Which region dominates the smart pet locator and motion detector market?
North America was the largest region in the smart pet locator and motion detector in 2024. The regions covered in the smart pet locator and motion detector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the smart pet locator and motion detector market?
Major companies operating in the smart pet locator and motion detector market are Tractive GmbH, Whistle Labs Inc., Petsafe, Pitpatpet Ltd., Weenect SAS, Invoxia SA, PetPace Ltd., Link My Pet Wearables Inc., Kippy Srl, Petrics Inc., KYON LLC, Wagz Inc., Findster Technologies SA, Pawfit, Girafus Technology GmbH, Halo Collar Inc., Cube Tracker LLC, Dynotag Inc., Aarvi Trade Solution Private Limited, FitBark Inc., FitBark Information, Jiobit Inc.
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What Is Covered In The Smart Pet Locator And Motion Detector Global Market Report?
•Market Size Forecast: Examine the smart pet locator and motion detector market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the smart pet locator and motion detector market for a structured understanding.
•Key Players Overview: Analyze major players in the smart pet locator and motion detector market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the smart pet locator and motion detector market.
•Segment Contributions: Evaluate how different segments drive overall growth in the smart pet locator and motion detector market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the smart pet locator and motion detector market.
•Industry Challenges: Identify potential risks and obstacles affecting the smart pet locator and motion detector market.
•Competitive Landscape: Review strategic developments in the smart pet locator and motion detector market, including expansions, agreements, and new product launches.
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