Global Pet Wearable Market
Dublin, March 23, 2023 (WORLD NEWSWIRE) — The “Pet Wearable Global Market Report 2023” report has actually been contributed to Research StudyAndMarkets.com’s offering.
The international animal wearable market grew from $2.92 billion in 2022 to $3.44 billion in 2023 at a compound yearly development rate (CAGR) of 17.9%. The animal wearable market is anticipated to grow to $6.52 billion in 2027 at a CAGR of 17.3%.
North America was the biggest area in the animal wearable market in 2022. Asia-Pacific is anticipated to be the fastest-growing area in the projection duration. The areas covered in the animal wearable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increase in need for animal tracking is anticipated to move the development of the animal wearable market moving forward. Pet tracking describes the constant observation of a family pet’s sound or movement activity and health. Pet wearables are practical in tracking info relating to family pets. As an outcome, increasing need for animal tracking likewise increases the need for the animal wearable market.
For circumstances, according to the COVID-19 Pulse Study 2020, performed by the American Pet Products Association, 11.38 million U.S. households brought brand-new family pets throughout the pandemic. Furthermore, 72% of the participants in the research study specified that their animal’s diet plan and health were of the utmost concern to them. Additionally, according to the Pet Food Manufacturers Association, a UK-based trade body for the animal food market, 3.2 million families in the UK got a brand-new animal throughout the COVID-19 pandemic. Therefore, the increase in need for animal tracking is driving the animal wearables market.
Adoption of web of things (IoT)-allowed innovations is a crucial pattern getting appeal in the animal wearable market. The business running in the animal wearable market are progressively embracing IoT-enabled (Internet of things) innovation in animal tracking gadgets to enable animal owners to perfectly track the activity and place of their family pets.
For circumstances, in September 2021, Vodafone Group PLC, a UK-based business and producer of animal wearables, introduced the Curve Smart GPS tracker pack. It is an IoT-enabled tracker which can be utilized to properly identify the animal’s place. This item is special in offering info associated to family pets utilizing IoT innovation.
The nations covered in the animal wearable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, U.S.A..
The market price is specified as the profits that business get from the sale of products and/or services within the defined market and location through sales, grants, or contributions in regards to the currency (in USD, unless otherwise defined).
The profits for a defined location are intake worths that are profits created by companies in the defined location within the marketplace, regardless of where they are produced. It does not consist of profits from resales along the supply chain, either even more along the supply chain or as part of other items.
The animal wearable marketing research report is among a series of brand-new reports from the publisher that supplies animal wearable market stats, consisting of animal wearable market international market size, local shares, rivals with a family pet wearable market share, in-depth animal wearable market sectors, market patterns and opportunities, and any more information you might require to grow in the animal wearable market. This animal wearable marketing research report provides a total point of view of whatever you require, with an extensive analysis of the existing and future situation of the market.
Reasons to Purchase
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Gain a genuinely international point of view with the most detailed report available on this market covering 50+ locations.
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Understand how the marketplace has actually been impacted by the COVID-19 and how it is reacting as the effect of the infection eases off.
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Assess the Russia – Ukraine war’s effect on farming, energy and mineral product supply and its direct and indirect effect on the marketplace.
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Measure the effect of high international inflation on market development.
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Create local and nation techniques on the basis of regional information and analysis.
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Identify development sectors for financial investment.
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Outperform rivals utilizing projection information and the drivers and patterns forming the marketplace.
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Understand clients based upon the latest market shares.
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Benchmark efficiency versus crucial rivals.
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Suitable for supporting your internal and external discussions with trusted high quality information and analysis
Scope
Markets Covered:
1) By Product: Smart Collar; Smart Camera; Smart Harness and Vest; Other Products
2) By Technology: RFID Devices; GPS; Sensor; Bluetooth; Other Technologies
3) By Application: Identification and Tracking; Monitoring and Control; Medical Diagnosis and Treatment; Other Applications
Key Attributes:
|
Report Attribute |
Details |
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No. of Pages |
200 |
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Forecast Period |
2023 – 2027 |
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Estimated Market Value (USD) in 2023 |
$3.44 billion |
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Forecasted Market Value (USD) by 2027 |
$6.52 billion |
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Compound Annual Growth Rate |
17.3% |
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Regions Covered |
Global |
Key Topics Covered:
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
6. Pet Wearable Market Segmentation
7. Pet Wearable Market Regional And Country Analysis
8. Asia-Pacific Pet Wearable Market
9. China Pet Wearable Market
10. India Pet Wearable Market
11. Japan Pet Wearable Market
12. Australia Pet Wearable Market
13. Indonesia Pet Wearable Market
14. South Korea Pet Wearable Market
15. Western Europe Pet Wearable Market
16. UK Pet Wearable Market
17. Germany Pet Wearable Market
18. France Pet Wearable Market
19. Eastern Europe Pet Wearable Market
20. Russia Pet Wearable Market
21. North America Pet Wearable Market
22. U.S.A. Pet Wearable Market
23. South America Pet Wearable Market
24. Brazil Pet Wearable Market
25. Middle East Pet Wearable Market
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
A choice of business discussed in this report consists of
For more info about this report check out https://www.researchandmarkets.com/r/6eudvp
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