Press release
Petcare IoT Platforms Market Expected to Grow at 18.2 Percent CAGR Through 2034 with North America Leading Adoption
Petcare IoT Platforms Market
According to the latest research by InsightAce Analytic, the global Petcare IoT Platforms market is valued at 9.07 billion in 2024, and it is expected to reach 47.86 billion by the year 2034 awith a CAGR of 18.2% during a forecast period of 2025-2034.
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The Internet of Things (IoT) is increasingly being integrated into the petcare industry, representing a transformative innovation for pet owners and enthusiasts. IoT-enabled solutions allow pet owners to remotely monitor, track, and manage various aspects of their pets' health and well-being. These technologies support real-time activity tracking, health data collection, feeding schedules, safety monitoring, and interactive play. Devices such as GPS-enabled collars, smart collars, and telemedicine platforms are becoming widely adopted, offering comprehensive solutions for pet care management.
The growth of the global petcare IoT platforms market is primarily driven by several key factors: the rising demand for advanced pet monitoring tools, an increasing emphasis on preventive pet healthcare, the growing rate of pet ownership, and the broader adoption of digital technologies across the petcare landscape. Furthermore, increased expenditure on pet health and wellness, combined with supportive government initiatives promoting the digitalization of animal healthcare services, are contributing to the market's expansion.
The COVID-19 pandemic further accelerated the shift toward virtual petcare services, amplifying the demand for IoT-based solutions and creating new growth avenues within the sector. Despite these positive trends, certain challenges remain-particularly limited consumer awareness of IoT services for pets and the relatively high cost of adoption-which may hinder short-term market growth.
North America is projected to lead the global petcare IoT platforms market throughout the forecast period. This dominance is attributed to the increasing cost of veterinary care and the rapid adoption of smart technologies for pet health monitoring and management. Meanwhile, the Asia Pacific region is expected to witness substantial growth, driven by expanding digital infrastructure, rising awareness of pet health and wellness, and supportive governmental efforts aimed at enhancing animal welfare and promoting innovative healthcare solutions.
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Major market players operating in the Petcare IoT Platforms market include
EIDAP Inc. (Canada), Datamars, Inc. (Switzerland), FitBark (US), Findster (US), Link AKC (US), Loc8tor (UK), Gibi Technologies (US), Marco Polo (US), Microchip4Solutions Inc. (Canada), GoPro (Fetch) (US), i4C Innovations (India), INUPATHY, Inc. (Japan), Kyon (Greece), AVID Identification Systems (US), Milkline (Italy), Pitpatpet Ltd. (UK), Scollar, Inc. (US), TekVet Technologies Co. (US), Tractive (Austria), Nuzzle (US), PetCare (US), PetDesk (US), V2P2 LLC (US), VetCheck (Australia), Virtual Recall (UK), VitusVet (US), Dogstar Life (US), Intervet Inc. (Merck & Co.) (US), Dogtra (US), 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), EYENIMAL (US), Felcana (UK), FitBark (US), WUF (US), Garmin International, Inc. (US), 11 PETS LTD. (Spain), DogLog (US), and others.
Recent collaborations and agreements in the market:
• In January 2022, The Link Smart Pet Wearable by Smart Tracking Technologies, LLC partnered with Petriage, a pet health technology firm. As part of this partnership, Petriage will combine Link Smart Pet Wearable, a new smart pet wearable device from Smart Tracking Technologies, with real-time pet health data from its AI-driven symptom analysis platform.
• In September 2021, Two 2021 pet independent innovation awards were given to PetSafe (US), a leader in pet product solutions, for two PetSafe products. The first is the ScoopFree Smart Self-Cleaning Litter Box. 2. A laser cat toy that dances.
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Market Segments
Global Petcare IoT Platforms Market, by Pet Type, 2022-2030 (Value US$ Mn)
• Dog
• Cat
• Fish
• Other Pet Types
Global 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
Global 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)
• 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
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Petcare IoT Platforms market
To receive an industry overview and future trends of the Petcare IoT Platforms market
To analyze the Petcare IoT Platforms market drivers and challenges
To get information on the Petcare IoT Platforms market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Petcare IoT Platforms market industry
Read Overview Report- https://www.insightaceanalytic.com/report/global-petcare-iot-platforms-market-/1214
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.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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