Global pet wearable market is expected to rise to an estimated value of USD 3.30 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant surge in the availability of IoT devices and systems. Pet wearables are electronic wearable devices that help humans keep a real-time record of their pets, livestock and companion animals with the help of wireless communication systems. These devices help humans in monitoring the health, keep a track of their location, help in unique identification of their pets, as well as help in continuous monitoring of their behaviour and their movement activities.
Pet Wearable market report also endows with an exhaustive survey of key players in the market which is based on a range of objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. The last section covers the evaluation of probabilities of the new investment projects and overall research conclusions are offered. Thus, the transparent, trustworthy and extensive market information and data included in this report will definitely help develop business and improve return on investment (ROI).
New Growth Forecast Report on Global Pet Wearable Market By Product (Smart Collar; Smart Camera; Smart Harness & Vest; Tags; Monitors; Trackers; Translators); Technology (RFID; GPS; Sensors; Others); Animal Type (Companion; Livestock); Application (Identification & Tracking; Behaviour Monitoring & Control; Facilitation, Safety & Security; Medical Diagnosis & Treatment); End-Use (Commercial; Household); Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 Analyzes current market size and upcoming 7 years growth of this industry
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Top Key Companies Analyzed in the Report are:
- Avid Identification Systems, Inc.;
- Datamars; FitBark Inc.;
- Garmin Ltd.;
- Invisible Fence;
- LINK AKC;
- Loc8tor Ltd.;
- MOTOROLA HOME;
- Tractive; Trovan Ltd.;
- Cybortra technology co.,Ltd.;
- PetPace LTD.;
- Pod Trackers Pty Ltd;
- Gibi Technologies Inc.;
- IceRobotics Ltd;
- GoPro, Inc. and INUPATHY Inc.
An overview of Market Segmentation
- Smart Collar
- Smart Camera
- Smart Harness & Vest
By Animal Type
- Identification & Tracking
- Behaviour Monitoring & Control
- Facilitation, Safety & Security
- Medical Diagnosis & Treatment
Key Regions included in this report are:
• South America
• Middle East & Africa
Competitive Landscape and Pet Wearable Market Share Analysis
Global pet wearable market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pet wearable market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
What are the major market growth drivers?
- Growing advancements in technologies associated with the development and activities associated with these devices is also expected to foster growth of the market
- Rapid growth in demand for better services related to healthcare of pets is expected to augment growth of the market
- Increasing adoption of GPS-enabled devices and components; this factor is expected to positively affect the growth of the market
- Increased consumption for heat detection, identification and tagging solutions; this factor is expected to drive the growth of the market
Other important Pet Wearable Market data available in this report:
- Market share and year-over-year growth of key players in promising regions
- Emerging opportunities, competitive landscape, revenue and share of main manufacturers.
- Key performing regions (APAC, EMEA, Americas) along with their sub-regions are detailed in this report.
- Strategic recommendations, forecast & growth areas of the Pet Wearable Market.
- This report discusses the market summary, market scope & gives a brief outline of the Pet Wearable Market
- Challenges for the new entrants, trends & market drivers.
- Competitive developments such as expansions, agreements, new product launches & acquisitions.
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Key questions answered in the Global Pet Wearable Market report include:
- What will be Pet Wearable market share and the forecast for 2020-2027?
- What are the key factors compelling the worldwide Pet Wearable market?
- Who are the key players in the world Pet Wearable industry?
- What are the factors impacting the revenue and production growth of the Pet Wearable market?
- What are the opportunities & challenges in the Pet Wearable industry?
Why You Should Buy The Global Pet Wearable Report?
The Pet Wearable market report provides a meticulous picture of the sector by summary of data, production, and method of study originated from various sources. Competitive analysis comprises identifying the key mutual trends and major players of the market. Besides, report also includes an assessment of different factors essential for the existing market players and new market players coupled with methodical study of value chain.
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