The new report by Expert Market Research titled, ‘Global Pet Wearable Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global pet wearable market, assessing the market based on its segments like product, technology, pet type, application and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/pet-wearable-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 940.5 Million
• Forecast CAGR (2021-2026): 14%
• Forecast Market Size (2026): USD 2.1 Billion
The increased need for pet surveillance among working people is one of the key development factors for the pet wearable industry. Because of their hectic lifestyles and extended working hours, pet owners’ demands for smart-connected collars that allow them to speak with their animals from their office are rapidly increasing.
Industry Definition and Major Segments
An intelligent pet collar is a device that links to a smartphone by Wi-Fi or Bluetooth and provides information on the animal’s whereabouts, training activities, and more. It is a multi-purpose tool, unlike the present standard collar. Using GPS technology, this collar allows pet owners to monitor, track, and collect data and alerts about their pets, as well as engage with others via an LED display on the collar’s outside. Pet owners can also monitor certain aspects of their pet’s health.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/pet-wearable-market
Based on product, the market covers:
• Smart Collar
• Smart Camera
• Smart Harness and Vest
• Tags
Based on technology, the market is segmented into:
• GPS
• RFID
• Sensors
• Others
Based on pet type, the market is categorised into:
• Companion
• Livestock
• Others
Based on application, the market is divided into:
• Identification & Tracking
• Behaviour Monitoring
• Facilitation, Safety & Security
• Medical Diagnosis & Treatment
The major regional markets include:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Market Trends
Growing worries about pet health and well-being, expanding pet population and pet humanization, increased IoT demand in pet monitoring devices, and increased pet expenditure, owing to high disposal revenue, are all contributing to market expansion. The identification and monitoring application segment is expected to dominate the market during the forecast period. Over the projection period, the industry is expected to be driven by the critical usage of wearable monitoring devices to locate missing and stolen animals.
Furthermore, rising spending on companion animals has resulted from a greater reliance on pets for companionship, mental well-being, fitness, and entertainment. The pet wearable market is predicted to also increase due to the availability of modern technology-based gadgets that monitor health by capturing critical information. In addition, rising adoption of companion animals in emerging economies like India and China would provide many chances for market growth in the Asia Pacific region throughout the forecast period.
Key Market Players
The major players in the market are Allflex USA Inc, Avid Identification Systems Inc, Datamars Inc, Fitbark, Garmin Ltd, Intervet Inc, Invisible Fence, Konectera Inc., Link AKC, Loc8tor Ltd, Motorola, Nuzzle, Otto Petcare System, PetPace LLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global Data Centre Market: https://www.expertmarketresearch.com/reports/data-center-market
Global Data Centre Automation Software Market: https://www.expertmarketresearch.com/reports/data-center-automation-software-market
Global Data Annotation Tools Market: https://www.expertmarketresearch.com/reports/data-annotation-tools-market
Global Crowdsourced Testing Market: https://www.expertmarketresearch.com/reports/crowdsourced-testing-market
Global Corn Steep Liquor (CSL) Market: https://www.expertmarketresearch.com/reports/corn-steep-liquor-market
Global Coriander Oil Market: https://www.expertmarketresearch.com/reports/coriander-oil-market
Global Electronic Logging Devices (ELDs) Market: https://www.expertmarketresearch.com/reports/electronic-logging-devices-market
Global Chronic Renal Failure Therapeutic Market: https://www.expertmarketresearch.com/reports/chronic-renal-failure-therapeutic-market
China Physical Vapour Deposition Market: https://www.expertmarketresearch.com/reports/china-physical-vapor-deposition-market
China Haemodialysis and Peritoneal Dialysis Market: https://www.expertmarketresearch.com/reports/china-hemodialysis-and-peritoneal-dialysis-market
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
To get more insights on the topic, click here: https://expertmarketresearch-emr.blogspot.com/
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Media Contact
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email:Send Email
Phone: +1-415-325-5166
Address:30 North Gould Street
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com/
