Pet Wearable Market Overview and Segmentation Forecast To 2025

Pet Wearable Market Overview and Segmentation | Forecast To
2025
“Global Pet Wearable Market report includes in-depth analysis of industry by
recent technologies, trends, opportunities, challenges, key players and
business strategies considering types, segment and future outlook.”
The global Pet Wearable Market is expected to display higher growth rate over the next seven
years. Rapid surge in the pet wearable industry is credited to rising awareness level among pet
owners regarding their well-being. Most of the pet owners treat pets as a family member due
to their companionship, entertainment, fitness and mental wellbeing.
These factors have resulted in large spending by pet owners on their pet companion to ensure
safety and security, thereby fostering the market growth during the forecast period. Globally,
the pet wearables market is predicted to generate massive revenue over next seven years,
providing numerous opportunities for industry participants to invest in research and
development of the pet wearable industry. Growing demand for pet wearable devices is
attributed the rapid advancement in wearable technology for personal usage. Use of pet
wearable devices allows owners to bond with their pets and track daily activities of pets. In
addition, increasing adoption of pet wearable devices to enable activity tracking, monitoring
heart and respiratory rates.
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Pet wearable device also helps user to understand rest patterns and eating habits of pets, thus
allowing owners to connect with their pets. Data collected with the help of pet wearable devices
enable users to understand food intake of pets. This allows owners to analyze pet health and
well-being. These factors are predicted to fuel market demand for pet wearable over the coming
years.
Using GPS tracking, RFID tags, proximity sensors, Bluetooth and accelerometer sensors ensure
good performance of wearable devices. Other types of device used along with pet wearable
devices include cameras, antennas and transmitters. Pet wearables offer constant analysis and
measurement of the biomechanical and physiological factor alongside assessment of body
movements of pets. This allows owners to predict the behavior of their pets and look out for
potential diseases.
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The pet wearable market is broadly categorized into four major segments based on the
application type such as identification & tracking, behavior monitoring & control, facilitation,
safety & security and medical diagnosis & treatment. Identification & tracking segment is
growing rapidly in the pet wearables industry with substantial revenue generation in the last
few years. Growing popularity of pet wearable devices in the identification & tracking segment
is attributed to the development of advanced tracking solution with the help of GPS & RFID
technology in electronic wearable devices. The medical diagnosis & treatment segment has also
witnessed substantial growth due to the rising awareness level regarding well-being of pets.
The pet wearables market is divided by region as North America, Europe, Asia-Pacific, Latin
America and Africa. North America has shown major growth in recent years owing to the rise in
the implementation of latest technologies for pet care, surge in number of research &
development activities in the region and existence of well-established industrial infrastructure.
Asia-Pacific region is estimated to hold major share in the pet wearable industry with massive
growth in forecast period. Countries such as India, China and Singapore are leading the Asia-

Pacific market with growing awareness towards pet health and fitness, increasing number of
pet owners, rising disposable income, favorable government initiatives, and significant
investment by leading industry players considering potential growth opportunities in the region.
The key players in the pet wearable market are Whistle Labs, Inc., PetPace LLC, FitBark, Inc.,
Tractive LLC, i4C Innovations Corp., and Garmin International, Inc.
Market Segment:
Pet wearable Technology Outlook (Revenue, USD Million, 2014 - 2025)
• RFID
• GPS
• Sensors
Pet wearable Application Outlook (Revenue, USD Million, 2014 - 2025)
• Identification & tracking
• Behavior monitoring & control
• Facilitation, safety & security
• Medical diagnosis & treatment
Pet wearable Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico

• MEA
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