Global Smart-Connected Pet Collars Market to Experience Strong Growth, Projected Increase of $596.76 Million by 2027

DUBLIN, Oct. 26, 2023 /PRNewswire/ — The “Global Smart-Connected Pet Collars Market 2023-2027” report has been added to  ResearchAndMarkets.com’s providing.

The international smart-connected pet collars market is poised for substantial progress, with a projected improve of USD 596.76 million in the course of the interval 2022-2027, accelerating at a sturdy CAGR of 9.5%. This forecast is detailed within the complete report on the smart-connected pet collars market, providing an all-encompassing evaluation, together with market measurement, developments, progress drivers, challenges, and an in depth vendor evaluation that includes roughly 25 key gamers within the trade.

The report gives an up-to-date evaluation of the present market state of affairs, highlighting the latest developments, pivotal drivers, and the general market surroundings. The smart-connected pet collars market is pushed by components such because the robust bond between house owners and their pets, an increase within the growing older inhabitants globally, particularly in developed nations, a rise within the variety of pet house owners, and heightened spending on pets.

Segmentation of the smart-connected pet collars market consists of:

By Distribution Channel

By Application

By Geographical Landscape

• North America

• Europe

• APAC (Asia-Pacific)

• South America

• Middle East and Africa

One of the important thing drivers fueling the expansion of the smart-connected pet collars market is the continual product launches within the international market. Additionally, there’s a rising demand from working people for pet monitoring and an growing inclination towards product premiumization, that are anticipated to contribute to sizable market demand within the coming years.

The report on the smart-connected pet collars market encompasses the next key areas:

1. Smart-Connected Pet Collars Market Sizing

2. Smart-Connected Pet Collars Market Forecast

3. Smart-Connected Pet Collars Market Industry Analysis

The report gives a complete vendor evaluation, that includes distinguished trade gamers, together with:

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For extra details about this report go to https://www.researchandmarkets.com/r/fpy2kl

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SOURCE Research and Markets