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Global Pet Wearables Market Research Report 2025 Forecast

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Adroit Market Research published a new industry research that focuses on Pet Wearables Market and delivers in-depth market analysis and future prospects of Market.
Adroit Market Research
Global Pet Wearables Market
Size by Application (Identification & Tracking, Behavior
Monitoring & Control, Facilitation, Safety & Security and Medical
Diagnosis & Treatment), by Technology (RFID, GPS and Sensors),
by Region (North America, Europe, Asia Pacific, Latin America and
Middle-East & Africa) and Forecast 2018 to 2025
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Adroit Market Research
Pet Wearables Market 2019-2025,Global Industry Forecast
• Adroit Market Research launched a study titled, “Global Pet Wearables Market Size 2017 by Application (Medical Diagnosis
& Treatment, Behavior Monitoring & Control, Facilitation, Safety & Security and Identification & Tracking), by Technology
(RFID, GPS and Sensors), by Region and Forecast 2018 to 2025”. The study covers the global pet wearables market revenue
from 2015 to 2025, where 2015 to 2017 indicate the actual annual revenue and 2018 to 2025 represent the forecast
revenue. The global pet wearables market report also includes qualitative insights of the market such as opportunities,
drivers, restraints and value chain analysis. The global pet wearables market 2018 gives a complete view including
consumption, import and export for key regions and countries.
• The global pet wearables market size is expected to reach USD 4.14 billion in 2025 owing to rising awareness of pet
wellbeing among the consumers across the world. Growing concerns about the animal health and diseases, mainly in cats
and dogs, have propelled the demand for pet wearables globally. Additionally, growth in demand for sophisticated
technology among the tech savvy consumers coupled with willingness to spend on pets will drive the global pet wearables
market.
• Over the years, there has been a substantial advancement in wireless communication & mobile technologies which has
given birth to the Internet of Things (IoT). These technology can be used to track and monitor the pets by simply using
smartphones which collect data signals from the sensors, RFID or the GPS device that are tagged to the pets. Hence, the
pet owners can track the location of the pet if it is lost and also, can monitor the health and diseases on the fly. These
advantages will have a positive impact on the growth of the overall pet wearables market.
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Adroit Market Research
Pet Wearables Market 2019-2025,Global Industry Forecast
• Based on the application, the global pet wearables market is segmented into four categories: medical diagnosis &
treatment, safety & security, behavior monitoring & control and facilitation, identification & tracking. Medical diagnosis &
treatment segment is expected grow with the highest CAGR of 16.7% from 2018 to 2025, due to the decreasing cost of
sensor technology, which forms the most important part in the wearable devices. Also, the growing concerns of obesity
among dogs and cats causing various diseases, will contribute to the growing demand of medical diagnosis & treatment
using pet wearables and will eventually, drive the global pet wearables market.
• Based on the technology, the global pet wearables market is divided into three categories: RFID, GPS and sensors. In 2017,
RFID had the highest market share followed by GPS and sensors. Sensors are projected to have the highest growth within
the pet wearables market because of their growing number of applications for health & disease monitoring.
• Geographically, Asia-Pacific region is anticipated to grow with the highest growth rate of 17.9% during the forecast period
of 2018-2025 due to growing economies of scale and growing expenditure of consumers on pets.
• Fitbark, IceRobotics Ltd., Fetch (GoPro, Inc.), Tractive, Mars Inc. (Whistle Labs Inc.), Otto Petcare Systems, PetPace LLC,
Pitpatpet Ltd., Inupathy, Inc., Loc8tor Ltd. And Motorola are the leading players present within the global pet wearables
market.
• Browse the complete report on @ https://www.adroitmarketresearch.com/industryreports/pet-wearables-market
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Key segments of the global pet wearables market
Application Overview, 2015-2025 (USD million)
• Identification & Tracking
• Behaviour Monitoring & Control
• Facilitation, Safety & Security
• Medical Diagnosis & Treatment
Technology Overview, 2015-2025 (USD million)
• RFID
• GPS
• Sensors
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Adroit Market Research
Key segments of the global pet wearables market
Regional Overview, 2015-2025 (USD million)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle-East & Africa
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Adroit Market Research
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Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
companies, and many more.
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