Market Overview:
The global wearables for pets market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing trend of pet ownership, growing demand for technologically advanced products, and rising awareness about pet health and safety. The global wearables for pets market can be segmented on the basis of type into identification, tracking, safety & security, facilitation, behavioral monitoring & control, and others. The identification segment is expected to hold the largest share in the global wearables for pets market during the forecast period owing to its ability to provide accurate information about a pet’s location and identity. The tracking segment is projected to grow at a high CAGR during the forecast period as it helps owners keep track of their pets’ movements. On the basis of application, dogs are expected to account for majority share in terms of revenue in 2018 followed by cats; however; birds are anticipated exhibit highest growth rate overthe forecast period due tot he increasing trendof keeping exotic birds as pets across various regions worldwide .Othersincludes small mammals such as rabbits ,hamsters etc., which are kept as domestic animals by humans .
Product Definition:
Wearable technology for pets is a category of devices that are worn by animals. These devices typically track the animal's activity, location, or health. Some wearable technology for pets also includes features like cameras and speaker systems that allow pet owners to interact with their animals while they are away from home. The purpose of wearable technology for pets varies depending on the specific device. Some devices are designed to help owners keep track of their pet's activity levels and whereabouts, while others are intended to help veterinarians monitor an animal's health or provide treatment instructions remotely. Overall, wearable technology for pets can be helpful in improving communication between pet owners and their animals as well as providing valuable information about an animal's behavior and health status.
Identification:
The global identification, it's usage and growth factor in wearables for pets market size was valued at USD 3.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 22.2% from 2019 to 2025. Increasing demand for pet care products along with rising adoption of smart wearable devices among pet owners are the major factors driving the market growth.
Tracking:
Tracking is the process of locating a person or an animal with the help of electronic devices. There are different types of tracking devices such as GPS, RFID, and Bluetooth which work on different technologies to locate a target.
Application Insights:
The dog application segment accounted for the largest revenue share of over 60% in 2017. The increasing adoption of smart dogs due to their ability to sense and see human emotions is one of the key factors driving the demand for wearables for pets. Moreover, rising concerns regarding pet safety and security are also expected to fuel market growth over the forecast period.
Birds are estimated to be among one of the fastest-growing segments owing to increasing awareness about bird health issues coupled with rising adoption rates across several countries worldwide, including China, India, U.S., Germany, Brazil and Australia among others.
Regional Analysis:
North America dominated the global wearables for pets market in 2017. The rising pet ownership is one of the major factors driving regional growth. According to a survey conducted by the American Pet Products Association (APPA), around 68% of U.S. households owned at least one dog and 44% household own cats in 2016, which is expected to drive demand for pet care products over the forecast period.
Asia Pacific region is anticipated to witness significant growth during the forecast years owing to increasing disposable income levels coupled with growing adoption rates of companion animals including dogs and cats among millennials are some factors that can be attributed towards rapid regional expansion over next eight years to 2030 time frame).
Growth Factors:
- Increasing demand for fitness and health tracking devices among pet owners, especially in developed countries.
- Growing trend of pet humanization, where pets are increasingly being treated as members of the family, driving demand for wearable devices that can provide information on their health and activity levels.
- Rapid advancements in technology and miniaturization of sensors making it possible to develop more sophisticated and affordable wearables for pets.
- Rising awareness about the benefits of using wearable devices to monitor pet health, including early detection of health problems and prevention of obesity-related conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearables for Pets Market Research Report
By Type
Identification, Tracking, Safety & Security, Facilitation, Behavioral Monitoring & Control, Others
By Application
Dog, Cat, Birds, Others
By Companies
FitBark, Garmin, KYON, PetPace LLC, i4C Innovations, Whistle Labs Inc., Tractive, Girafus, High Tech Pet, Binatone Global, FitBark
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Wearables for Pets Market Report Segments:
The global Wearables for Pets market is segmented on the basis of:
Types
Identification, Tracking, Safety & Security, Facilitation, Behavioral Monitoring & Control, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dog, Cat, Birds, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FitBark
- Garmin
- KYON
- PetPace LLC
- i4C Innovations
- Whistle Labs Inc.
- Tractive
- Girafus
- High Tech Pet
- Binatone Global
- FitBark
Highlights of The Wearables for Pets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Identification
- Tracking
- Safety & Security
- Facilitation
- Behavioral Monitoring & Control
- Others
- By Application:
- Dog
- Cat
- Birds
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearables for Pets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wearable technology for pets is a new category of products that allow pet owners to monitor and track their animals' health and activity. These devices can include GPS tracking systems, heart rate monitors, and other sensors that send real-time data to a companion app or website. By understanding your pet's daily routine and habits, you can better care for them both physically and emotionally.
Some of the major players in the wearables for pets market are FitBark, Garmin, KYON, PetPace LLC, i4C Innovations, Whistle Labs Inc., Tractive, Girafus, High Tech Pet, Binatone Global, FitBark.
The wearables for pets market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearables for Pets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wearables for Pets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearables for Pets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wearables for Pets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wearables for Pets Market Size & Forecast, 2018-2028
4.5.1 Wearables for Pets Market Size and Y-o-Y Growth
4.5.2 Wearables for Pets Market Absolute $ Opportunity
Chapter 5 Global Wearables for Pets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wearables for Pets Market Size Forecast by Type
5.2.1 Identification
5.2.2 Tracking
5.2.3 Safety & Security
5.2.4 Facilitation
5.2.5 Behavioral Monitoring & Control
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wearables for Pets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wearables for Pets Market Size Forecast by Applications
6.2.1 Dog
6.2.2 Cat
6.2.3 Birds
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearables for Pets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wearables for Pets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wearables for Pets Analysis and Forecast
9.1 Introduction
9.2 North America Wearables for Pets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wearables for Pets Market Size Forecast by Type
9.6.1 Identification
9.6.2 Tracking
9.6.3 Safety & Security
9.6.4 Facilitation
9.6.5 Behavioral Monitoring & Control
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wearables for Pets Market Size Forecast by Applications
9.10.1 Dog
9.10.2 Cat
9.10.3 Birds
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wearables for Pets Analysis and Forecast
10.1 Introduction
10.2 Europe Wearables for Pets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wearables for Pets Market Size Forecast by Type
10.6.1 Identification
10.6.2 Tracking
10.6.3 Safety & Security
10.6.4 Facilitation
10.6.5 Behavioral Monitoring & Control
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wearables for Pets Market Size Forecast by Applications
10.10.1 Dog
10.10.2 Cat
10.10.3 Birds
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wearables for Pets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wearables for Pets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wearables for Pets Market Size Forecast by Type
11.6.1 Identification
11.6.2 Tracking
11.6.3 Safety & Security
11.6.4 Facilitation
11.6.5 Behavioral Monitoring & Control
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wearables for Pets Market Size Forecast by Applications
11.10.1 Dog
11.10.2 Cat
11.10.3 Birds
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wearables for Pets Analysis and Forecast
12.1 Introduction
12.2 Latin America Wearables for Pets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wearables for Pets Market Size Forecast by Type
12.6.1 Identification
12.6.2 Tracking
12.6.3 Safety & Security
12.6.4 Facilitation
12.6.5 Behavioral Monitoring & Control
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wearables for Pets Market Size Forecast by Applications
12.10.1 Dog
12.10.2 Cat
12.10.3 Birds
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wearables for Pets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wearables for Pets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wearables for Pets Market Size Forecast by Type
13.6.1 Identification
13.6.2 Tracking
13.6.3 Safety & Security
13.6.4 Facilitation
13.6.5 Behavioral Monitoring & Control
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wearables for Pets Market Size Forecast by Applications
13.10.1 Dog
13.10.2 Cat
13.10.3 Birds
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wearables for Pets Market: Competitive Dashboard
14.2 Global Wearables for Pets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FitBark
14.3.2 Garmin
14.3.3 KYON
14.3.4 PetPace LLC
14.3.5 i4C Innovations
14.3.6 Whistle Labs Inc.
14.3.7 Tractive
14.3.8 Girafus
14.3.9 High Tech Pet
14.3.10 Binatone Global
14.3.11 FitBark
