Sold by: Global Market Insights Inc.
Deployed on AWS
The Pet Wearable Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 10% during the period from 2023 to 2032, driven by the Increasing awareness for pets mental and physical fitness.
Overview
As per the latest study by Global Market Insights Inc., the global pet wearable market size is slated to account for USD 15 billion over the course of the next ten years, from 2023 to 2032.
The pet wearable industry is likely to witness a significant surge over the coming years with pet adoption and pet humanization expanding at a rapid pace. As per American Pet Products Association statistics, pet-related spending increased from USD 90 billion in 2018 to a whopping USD 123 billion in 2021. A major chunk of this investment comes from the growing sales of pet wearables.
These devices boast the ability to support early diagnosis of diseases and behavioral issues. The accumulated data from these wearables can also warn pet owners regarding stress and other prevalent medical conditions.
Some of the fields available in report -
| Required Fields | Format |
|---|---|
| Market Size in 2022 | USD 3 Billion |
| Value Projection by 2032 | USD 15 Billion |
| **Compound Annual Growth Rate (CAGR) ** | 10% |
| ** Smart Collar segment size in 2032** | USD 4 Billion |
| ** Sensors Technology segment CAGR** | 15% |
| North America Market in 2022 | 2 Billion |
| No. Of Tables | 454 |
| Figures & Charts | 26 |
| No. Of Report Pages | 300 |
| Countries covered in the report | U.S., Canada, UK, France, Italy, Germany, Spain, China, India, Japan, South Korea, Australia, Mexico, Brazil, UAE, Saudi Arabia, South Africa. |
| Segments covered | Product, Material, End-use, and Region |
| Companies covered in the report | Afimilk Ltd., Dogtra, Fitbark, Inc.,Garmin International Inc., Halo Collar, IceRobotics, Ltd.,Loc8tor Ltd., Nedap N.V., PetPace LLC, Petcube, Inc., Scollar, Inc, Tractive, Whistle Labs LLC, Wagz, Inc. |
** Some of the key trends that are pushing the market growth include: **
** Increasing demand for smart collars**
Smart collars are devices that enable owners to track their pets using cellular and GPS signals. It also allows owners to create invisible fences for the pets to stay within. Various smart collars also include fitness and health tracking and other advanced features such as sleep monitoring and tracing licking, scratching, and other indicators of potential health issues.
Recent innovations in the smart collar marketplace are expected to contribute to the growing product sales. For instance, Invoxia in 2023, launched a smart dog collar at the Consumer Electronics Show 2023. The product is equipped with advanced heart tracking technology on par with human ECGs and is known to detect and monitor a dog’s heartbeat and breathing using AI and sensors.
**Request for a free sample of this research report @ https://www.gminsights.com/request-sample/detail/151**
** Rising integration of sensors in pet wearables ** Pet wearable devices comprise sensors that work in conjunction with other wearable technologies inclusive of RF trackers and GPS trackers. Sensors collect the pet’s vital signs and analyze the information to alert the owners of early signs of trouble. Moreover, location tracking sensors are also becoming one of the preferred functionalities for pet wearable device producers.
In 2020, researchers at the Imperial College in London devised a new health-tracking sensor for pets that monitors essential signs through the fur. The technology can detect signs like breathing and heart rates via fur, making it possible for vets and owners to track their pet’s health and well-being.
** Adoption of rescue pets by Millennials in APAC**
Rescue pet adoption has only been gaining momentum across the Asia Pacific countries in recent years. As per reliable reports, the Indian subcontinent has nearly 8.8 million stray cats and dogs living in shelters. This trend has potentially opened new doors to the demand for pet wearable devices from shelter owners to keep track of animal health.
Moreover, increased spending on pet health has added impetus to the growth of pet wearable business in the region. According to a 2021 survey by Japanese Ipet Holdings, the overall spending of pet parents in the country increased by 4.3% in 2021 compared to 2020.
** Constant product innovations **
Some of the big names in the global pet wearable industry are Whistle Labs, Afimilk Ltd., Wagz, Inc., Petcube, Inc., Scollar, Inc., Halo Collar, Dogtra, Tractive, and IceRobotics Ltd., amongst others. These market vendors are upping their games to gain a prominent position in the overall marketplace by engaging in various organic and inorganic marketing strategies such as partnerships, acquisitions, product launches, and research studies.
In 2021, Smart Tracking Technologies, LLC’s Link Smart Pet Wearable launched a series of dog obedience instructional videos to complement the product’s remote vibration and tone tools. The holistic series encompasses a diverse range of resources and short videos by Link’s dog training specialists.
With more focus being put on pet health by owners and growing consumer spending worldwide, the sales of pet wearables is estimated to soar to new heights in the coming years. Technologies such as Bluetooth and GPS are sure shot to make way in the industry over the forecast time, enabling manufacturers to build a strong product portfolio for the animal healthcare sector.
**Browse our report store – GMIPulse - https://www.gminsights.com/gmipulse**
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
**Contact Us: **
Aashit Tiwari
Corporate Sales, USA
Global Market Insights Inc.
Toll Free: +1-888-689-0688
USA: +1-302-846-7766
Europe: +44-742-759-8484
APAC: +65-3129-7718
Email: mailto:sales@gminsights.com
Details
Sold by
Categories
Delivery method
Deployed on AWS
New
Introducing multi-product solutions
You can now purchase comprehensive solutions tailored to use cases and industries.
Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
This product is available free of charge. Free subscriptions have no end date and may be canceled any time.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimensions summary
This listing uses a single pricing dimension: Product Access measured in units. That one dimension grants you access to the market research report at no charge. There are no tiers, instance sizes, or usage add-ons to compare. You subscribe through the unit-based access, and the report content becomes available to you. Because only one dimension exists, pricing does not scale across multiple levels or options. The report covers the pet wearable market with segmentation by product, technology, application, and end-use.
Top-of-mind questions for buyers
One unit grants access to the pet wearable market research report. The study spans about 300 pages with 454 data tables and 26 figures. It segments the market by product, technology, application, and end-use, with regional and country-level detail and forecasts through 2032.
Each purchase includes three standard deliverables at no extra charge: a PDF report with full analysis, an Excel workbook with all data tables for your own modelling, and a structured dataset you can import into internal systems. A PPT version of the report is also available.
Yes. Customization up to 20% of the report value is available at no charge, such as extra company profiles or deeper country coverage. Post-purchase, you also get complimentary additions up to 10% of report value plus analyst call time to discuss findings. Needs beyond that require a custom engagement.
www.gminsights.com+1
Helpful?
Vendor refund policy
Not applicable - product available free of charge.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
AWS Data Exchange (ADX)
AWS Data Exchange is a service that helps AWS easily share and manage data entitlements from other organizations at scale.
Additional details
You will receive access to the following data sets.
Data set name | Type | Historical revisions | Future revisions | Sensitive information | Data dictionaries | Data samples |
|---|---|---|---|---|---|---|
GMI APAC | All historical revisions | No future revisions | Not included | Not included |
Resources
Vendor resources
Similar products
The car audio market participants include Sony Corporation, Panasonic Corporation, Pioneer Corporation, Harman International Inc., Premium Sound Solutions, Bose Corporation, and JVC Kenwood Corporation.
The global electrostatic precipitator market size is likely to exceed USD 15 billion by 2032 driven by growing adoption in mining and metal processing projects, and rising use across power plants to cut down so3 emissions.
The Pet Service Market is forecasted to hit USD 41.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2030. This growth is fueled by the increasing global adoption of pets such as dogs and cats, leading to a rising demand for premium pet services.
The global Pet Care robot market size is predicted to reach 3.65 billion with a CAGR of 11.2% till 2030. Pet care Robot products are implemented with artificial intelligence and other technologies that allow them to look after pets and simplify their life. Also, these products help in monitoring day-to-day pet activities and can entertain the pets by clicking photos, creating videos, and playing calls.