Pet Wearables Market based on Technology (RFID, GPS, and Sensors), Application (Identification & Tracking, Behavior Monitoring & Control, Facilitation, Safety & Security and Medical Diagnosis & Treatment) and Geography – Global Forecast up to 2027

  • June, 2021
  • Domain: ICT - smart technologies
Pages: 63
Tables: 44
Charts: 74
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
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Pet wearables are electronic wearable devices that assist humans in keeping a real-time record of their pets, livestock, and companion animals with the help of wireless communication systems. These devices assist humans in monitoring the health of the animals, keep track of their location, helps in unique identification of their animals, and also help in frequent monitoring of their actions and their movement activities. The increasing trend of pet humanization, coupled with the rising concerns among pet parents regarding the well-being of their pets, are the key factors stimulating the demand for pet wearables positively. Apart from this, due to the increasing cases of lost and stolen pets, pet owners mostly spend on pet wearables to recognize their real-time location. On the other hand, the consumption of high power and the short life of the battery of the pet wearable are the key factors limiting the market growth. The Pet Wearables Market growth is projected to grow at the rate of 24% CAGR by 2027.   

Research Methodology:

The Pet wearables Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Pet wearables Market

Pet Wearables Market based on Technology

  • RFID
  • GPS
  • Sensors

Pet Wearables Market based on Application

  • Identification & Tracking
  • Behavior Monitoring & Control
  • Facilitation, Safety & Security
  • Medical Diagnosis & Treatment

Pet Wearables Market based on Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on technology, the market is fragmented by RFID, GPS, and Sensors. RFID segment is projected to spur at a higher CAGR. The use of RFID offers higher productivity, transparency, reliability, and precision in recognizing & tracking pets. RFID pet wearable devices are used with integrated sensors to track health-associated parameters constantly and precisely, including pulse rate, respiration, body temperature, locations, heart rate variability, and calorie intake. Additionally, RFID wearables that are Wi-Fi enabled are obtaining more popularity as they are used for location-based services to track an animal’s location all the time. The abovementioned factors are likely to foster the growth of the RFID segment in the pet wearables market.

Further, based on the application, the Identification & Tracking, Behavior Monitoring & Control, Facilitation, Safety & Security, and Medical Diagnosis & Treatment are the applications where the pet wearables are used. Among them, the identification & tracking segment has the highest growth rate. This is due to the assistance offered by wearables, such as people can recognize strayed-off pets and recover them to their owners. One of the most primary uses of pet wearables is smart collars that track pets' whereabouts with the help of GPS. Moreover, using their smartphones allows owners to track the location of their pet animals in real-time. These features are responsible for the growth of the identification & tracking segment market.

The North American region is considered to acquire a significant share in the geographical market segmentation. This is mainly because of rising disposable income, the increasing trend of adopting pets, and treating them as family members are the key factors for the growth of the market in this region.

The pet wearable market is gaining popularity worldwide, owing to the increasing awareness among pet owners regarding their health. The increasing inclination towards the adoption of pets as companions for mental stability, health, and entertainment is fueling the spending on the well-being of pets. Moreover, the increasing awareness and easy availability of wearables globally are anticipated to foster the global pet wearable market.

The pet wearables market report provides a few notable companies such as Avid Identification Systems, Inc., Intervet International B.V., Link My Pet, SCR Engineers LTD., Loc8tor Ltd., Fitbark Inc, Datamars SA, Garmin Ltd., Invisible Fence, and PetPace LLC.

Henceforth, the world as a complete has become more secluded, and the rapid breakdown of social support systems has resulted in pet adoption. The prominence of pets in social life has given rise to the changes in the social standing of pets. The increasing affection for pets has dramatically emphasized the pet wearables among pet owners to take care of them.

  • This report offers an overall analysis of the market growth drivers, restraints, opportunities, and other associated pitfalls.
  • This report represents the market developments such as new product launches, mergers and acquisitions, diversification, and joint ventures of the market players.
  • This report also depicts all the potential segments and sub-segments present in the market to assist the companies in strategic business planning.
  • This report also gives a regional analysis of the market in terms of market penetration across the world.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Technology: Market Size & Analysis
    1. Overview
    2. RFID
    3. GPS
    4. Sensors
  6. Application: Market Size & Analysis
    1. Overview
    2. Identification & Tracking
    3. Behavior Monitoring & Control
    4. Facilitation, Safety & Security
    5. Medical Diagnosis & Treatment
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. Avid Identification Systems, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Intervet International B.V.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Link My Pet
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. SCR Engineers LTD.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Loc8tor Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Fitbark Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Datamars SA
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Garmin Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Invisible Fence
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. PetPace LLC
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Analyst Opinion
  11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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