The Pet Wearable Global Market Report 2023, provides comprehensive information on the pet wearable market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pet Wearable Market’s Growth:
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As per The Business Research Company’s Pet Wearable Global Market Report 2023, the global pet wearable market size grew from $2.47 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The pet wearable market size is expected to grow to $5.24 billion in 2027 at a CAGR of 16.4%.
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The pet wearable market is segmented:
By Product Type
Smart Collar
Smart Camera
Smart Harness and Vest
Other Product Types
By Technology
RFID Devices
GPS
Sensor
Bluetooth
Other Technologies
By Application
Identification and Tracking
Monitoring and Control
Medical Diagnosis and Treatment
Other Applications
Top Major Players:
Avid Identification Systems Inc
North America was the largest region in the pet wearable market in 2022.
The table of contents in TBRC’s pet wearable market report includes:
1. Executive Summary
2. Pet Wearable Market Characteristics
3. Pet Wearable Market Trends And Strategies
4. Pet Wearable – Macro Economic Scenario
5. Pet Wearable Market Size And Growth
……………………………………………………….
26. Africa Pet Wearable Market
27. Pet Wearable Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pet Wearable Market
29. Pet Wearable Market Future Outlook and Potential Analysis
30. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Pet Wearable Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 4: Global Pet Wearable Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 5: Global Pet Wearable Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
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Table 46: Allflex USA Inc. Financial Performance
Table 47: Avid Identification Systems Inc. Financial Performance
Table 48: Dairymaster Financial Performance
Table 49: Datamars Inc. Financial Performance
Table 50: Felcana Financial Performance
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The global pet wearable market size is estimated to reach USD 4.6 billion by 2027, registering a CAGR of 14.3% over the forecast period, according to a study conducted by Radiant Insights, Inc. Increasing concerns toward companion animals’ health and wellbeing, coupled with rising pet humanization and population, is anticipated to be the key factor driving the growth of the market over the forecast period.
Download Free Sample Report @ https://www.radiantinsights.com/research/pet-wearable-market/request-sample According to the American Pet Products Association (APPA), the expenditure on companion animals in U.S. is expected to be USD 72.1 billion in 2018.
Wearables are capable of continuously tracking health-related parameters such as body temperature, calorie intake, and Heart Rate Variability (HRV).
Furthermore, increasing adoption of companion animals in emerging economies such as India and China would offer several opportunities for market growth in the Asia Pacific region over the forecast period.
Moreover, high penetration of fitness and activity monitoring devices and increased spending on companion animals is anticipated to drive the regional market growth.
Key industry players include Allflex USA Inc.; Avid Identification Systems, Inc.; Datamars; Fitbark; Garmin Ltd., Intervet Inc.; Invisible Fence; and Konectera Inc. Key players in the market focus on research and development activities to develop innovative products to expand their product offerings.
