Petcare IoT Platforms Market Detailed Analysis with Accurate Forecast to 2031

Petcare IoT Platforms Market Expected to Reach $ 24.72 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Petcare IoT Platforms Market - Products (Pet Wearables [Safety & Security (GPS Collars), Identification (Smart Tags), Tracking (Smart Collars), Behaviour Monitoring (Bark Collars), Facilitation (Temperature Scanners, Veterinarian Appointments), Medical Diagnostics And Treatment Devices], Connected Pet Products [Pet Feeders & Bowls, Pet Crates & Beds, Pet Doors, Pet Fence, Pet Toys, Self-Cleaning Litter Boxes], Pet Care Platforms/Pet Apps [Reminder Applications, Entertainment App, Dog Training App, Telemedicine App, Other Apps]) - Trends, Industry Competition Analysis, Revenue And Forecast To 2030."

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The petcare IoT platforms market is projected to grow at a compound annual growth rate (CAGR) of 17.90% from its 2021 valuation of US$5.64 billion to US$24.72 billion by 2030, according to the most recent analysis by InsightAce Analytic.
An Important innovation for pet owners and lovers is the Internet of Things. Even When they are not with their dogs, people may observe, monitor, gather health data, track activities, feed, and play games with them thanks to pet IoT platforms. IoT devices are therefore of interest to pet owners.
Numerous factors, including the growing need to maintain pet health, the number ofpet owners, the adoption of digital technologies, the growing preference of pet owners for IoT services, the rising spending on pet healthcare and well-being, the high demand for pet monitoring devices, andthe Growing government funding to develop digital technologies for animal healthcare, are responsible for the growth of the petcare IoT platforms market. Pet owners' desire for virtual care services has grown as a result of the Covid-19 pandemic restrictions, which is anticipated to generate significant development potential for the Petcare IoT Platforms Market over the forecast period. However, the high cost of services and a lack of knowledge regarding IoT services for dogs could prevent the industry from growing in the near future.
North America led the petcare IoT platforms market in 2021 and is expected to see substantial growth prospects over the course of the forecast period due to rising animal healthcare costs and the rapid use of pet IoT applications. Additionally, it is anticipated that Asia Pacific will have significant development in the years to come as a result of expanding government support for bettering animal welfare, rising digital product innovations, and pet owners' increased understanding of pet health.

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Major market players operating in the Petcare IoT Platforms Market include AVID Identification Systems (US), Datamars, Inc. (Switzerland), EIDAP Inc. (Canada), Findster (US), FitBark (US), Gibi Technologies (US), Link AKC (US), Loc8tor (UK), Marco Polo (US), Microchip4Solutions Inc. (Canada), Nuzzle (US), PetCare (US), PetDesk (US), V2P2 LLC (US), VetCheck (Australia), Virtual Recall (UK), VitusVet (US), Dogstar Life (US), Dogtra (US), EYENIMAL (US), Felcana (UK), FitBark (US), Garmin International, Inc. (US), GoPro (Fetch) (US), i4C Innovations (India), INUPATHY, Inc. (Japan), Kyon (Greece), Milkline (Italy), Pitpatpet Ltd. (UK), Scollar, Inc. (US), TekVet Technologies Co. (US), Tractive (Austria), Whistle Labs (US), PawPrint (UK), Pethealth Inc. (Canada), PetPace (US), PetSafe (US), Sure Petcare (SureFlap Ltd) (UK), Trovan, Ltd. (Isle of Man), Whistle (Tagg) (US), WUF (US), 11 PETS LTD. (Spain), DogLog (US), Intervet Inc. (Merck & Co.) (US), among others.

Key developments in the market:
• In January 2022, Petriage, a pet health technology company, partnered with the Link Smart Pet Wearable by Smart Tracking Technologies, LLC. Petriage integrates real-time pet health information from its AI-driven symptom analysis tool into Smart Tracking Technologies' brand-new Link Smart Pet Wearable gadget as part of this agreement.
• In September 2021, PetSafe (US), a global leader in pet product solutions honoured with two 2021 pet independent innovation awards for two PetSafe products. 1. ScoopFree Smart Self-Cleaning Litter Box. 2. Dancing Dot Laser Cat Toy.
• In September 2020, Petcube released a new Petcube Cam, an affordable smart camera with built-in live vet chat. The new device pairs the advanced pet monitoring functions with online veterinarian advice, making on-demand pet care accessible to every pet parent.
• In May 2020, Mars Petcare launched digital 'Pet Health Pal,' a new, free digital education tool powered by the Facebook messenger and WhatsApp chatbot to support pet health and wellness.
• In November 2019, Findster Technologies launched a Kickstarter campaign for a new GPS pet tracker, which allows monitoring pets anywhere, at any time, around home and yard, without monthly cell phone fees or subscriptions.

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Market Segments

Petcare IoT Platforms Market, by Products, 2022-2030 (Value US$ Mn)
• Pet Wearables
o Safety & Security (GPS collars)
o Identification (Smart Tags)
o Tracking (Smart Collars)
o Behaviour Monitoring (Bark Collars)
o Facilitation (Temperature Scanners, Veterinarian Appointments)
o Medical Diagnostics and Treatment Devices
• Connected Pet Products
o Pet Feeders & Bowls
o Pet Crates & Beds
o Pet Doors
o Pet Fence
o Pet Toys
o Self-Cleaning Litter Boxes
• Pet Care Platforms/Pet Apps
o Reminder Applications
o Entertainment App
o Dog Training App
o Telemedicine App
o Other Apps

Petcare IoT Platforms Market, by Pet Types, 2022-2030 (Value US$ Mn)
• Dog
• Cat
• Fish
• Other Pet Types

Petcare IoT Platforms Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Petcare IoT Platforms Market, by Country, 2022-2030 (Value US$ Mn)
• The U.S.
• Canada
Europe Petcare IoT Platforms Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Petcare IoT Platforms Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Petcare IoT Platforms Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Petcare IoT Platforms Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

This release was published on openPR.