Reports
Global Pet Wearable Market: By Product: Smart Collar, Smart Camera, Smart Harness and Vest, Tags; By Technology: GPS, RFID, Sensors, Others; By Pet Type: Companion, Livestock; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Pet Wearable Market Outlook
The global pet wearable market is anticipated to achieve USD 2.1 billion by 2026, growing from USD 940.5 million in 2020 at a CAGR of 14% in the forecast period of 2023-2028.
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An intelligent pet collar is a tool that connects to a smartphone wirelessly via Wi-Fi or Bluetooth and offers perspectives into animals such as their place, training activities, and more. In contrast to the current traditional collar, it is a multi-purpose tool. This collar enables pet owners to monitor, track, and obtain data and alerts about your pet using GPS technology and interact with others using an LED display on the outside of the collar. Pet owners can also check in on some of their pet’s health characteristics.
One of the primary growth factors for the pet wearable market is the growing demand from working people for pet surveillance. Employment rates are steadily growing around the globe, and the requirements of pet owners for smart-connected collars that allow them to communicate with their animals from their workplace are quickly rising owing to their hectic lifestyle and long working hours.
Market Segmentation
The pet wearable market can be divided based on segments like product, technology, pet type, and application.
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The pet wearable market can be broadly categorised on the basis of its application into:
- Identification and Tracking
- Behaviour Monitoring
- Facilitation, Safety, and Security
- Medical Diagnosis and Treatment
The industry can be divided based on its product into smart collar, smart camera, smart harness and vest, and tags. The industry can be divided based on its technology like GPS, RFID, and sensors, among others. Based on pet type, the industry can be bifurcated into companion and livestock.
The EMR report looks into the regional markets of pet wearable like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The market growth is ascribed to the growing concerns about pet health and well-being, rising pet population and pet humanization, increased IoT demand in pet monitoring devices, and increased pet expenditure, owing to high disposal revenue. During the forecast period, the identification and monitoring application segment is anticipated to dominate the market. It is estimated that the essential use of wearable monitoring systems to find lost and stolen animals will drive the sector over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global pet wearable market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Allflex USA Inc.
- Avid Identification Systems, Inc.
- Datamars, Inc.
- Fitbark
- Garmin Ltd.
- Smart Tracking Technologies, LLC
- PetPace
- Loc8tor Ltd.
- Intervet Inc.
- Radio Systems Corporation
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Technology, Pet Type, Application, Region |
| Breakup by Product | Smart Collar, Smart Camera, Smart Harness and Vest, Tags |
| Breakup by Technology | GPS, RFID, Sensors, Others |
| Breakup by Pet Type | Companion, Livestock |
| Breakup by Application | Identification & Tracking, Behaviour Monitoring, Facilitation, Safety & Security, Medical Diagnosis & Treatment |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Allflex USA Inc., Avid Identification Systems, Inc., Datamars, Inc., Fitbark, Garmin Ltd., Smart Tracking Technologies, LLC, PetPace, Loc8tor Ltd., Intervet Inc., Radio Systems Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Pet Wearable Market Analysis
8.1 Key Industry Highlights
8.2 Global Pet Wearable Historical Market (2018-2022)
8.3 Global Pet Wearable Market Forecast (2023-2028)
8.4 Global Pet Wearable Market by Product
8.4.1 Smart Collar
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Smart Camera
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Smart Harness and Vest
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Tags
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global Pet Wearable Market by Technology
8.5.1 GPS
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 RFID
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Sensors
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Pet Wearable Market by Pet Type
8.6.1 Companion
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Livestock
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Pet Wearable Market by Application
8.7.1 Identification and Tracking
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Behaviour Monitoring
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Facilitation, Safety and Security
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Medical Diagnosis and Treatment
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.8 Global Pet Wearable Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Allflex USA Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Avid Identification Systems, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Datamars SA
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Fitbark Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Garmin Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Smart Tracking Technologies, LLC
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 PetPace
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Loc8tor Ltd.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Intervet Inc.
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Radio Systems Corporation
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Pet Wearable Market: Key Industry Highlights, 2018 and 2028
2. Global Pet Wearable Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Pet Wearable Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Pet Wearable Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Pet Wearable Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Pet Wearable Historical Market: Breakup by Pet Type (USD Million), 2018-2022
7. Global Pet Wearable Market Forecast: Breakup by Pet Type (USD Million), 2023-2028
8. Global Pet Wearable Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Pet Wearable Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Pet Wearable Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Pet Wearable Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Pet Wearable Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Pet Wearable Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Pet Wearable Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Pet Wearable Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Pet Wearable Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Pet Wearable Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Pet Wearable Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Pet Wearable Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Pet Wearable Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Pet Wearable Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Pet Wearable Market Structure
Key Questions Answered in the Report
In 2020, the global pet wearable market attained a value of nearly USD 940.5 million.
The market is projected to grow at a CAGR of 14% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 2.1 billion by 2026.
The major drivers of the market include the growing concerns about pet health and well-being, rising pet population, and pet humanisation, among others.
The rapid technological advancements, such as the development of intelligent pet collar that can establish a wireless connection with smart phone via Bluetooth or Wi-Fi, are expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Smart collar, smart camera, smart harness and vest, and tags are the major pet wearable products in the market.
GPS, RFID, and sensors, among others are the significant technologies of the product in the market.
Companion and livestock are the different pet types in which the industry has been bifurcated.
Identification and tracking, behaviour monitoring, facilitation, safety, and security, and medical diagnosis and treatment are the major applications of the product.
The major players in the industry are Allflex USA Inc., Avid Identification Systems, Inc., Datamars, Inc., Fitbark, Garmin Ltd., Smart Tracking Technologies, LLC, PetPace, Loc8tor Ltd., Intervet Inc., Radio Systems Corporation, Others.
Analyst Review
The global pet wearable market attained a value of USD 940.5 million in 2020, driven by the growing concerns about pet health and well-being, rising pet population, and pet humanisation, among others. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 14%. The market is projected to reach USD 2.1 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market is divided into smart collar, smart camera, smart harness and vest, and tags. On the basis of technology, the market is segmented into GPS, RFID, and sensors, among others. Based on pet type, the market is divided into companion and livestock. Meanwhile, on the basis of application, the market is categorised into identification and tracking, behaviour monitoring, facilitation, safety, and security, and medical diagnosis and treatment. The major regional markets for pet wearables are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Allflex USA Inc., Avid Identification Systems, Inc., Datamars, Inc., Fitbark, Garmin Ltd., Smart Tracking Technologies, LLC, PetPace, Loc8tor Ltd., Intervet Inc., Radio Systems Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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