Global Pet Wearable Market Projected to Show Strong Growth by 2026
Posted by ganesha on October 29th, 2019
Global Pet Wearable Market By Product (Smart Collar; Smart Camera; Smart Harness & Vest; Tags; Monitors; Trackers; Translators); Technology (RFID; GPS; Sensors; Others); Animal Type (Companion; Livestock); Application (Identification & Tracking; Behaviour Monitoring & Control; Facilitation, Safety & Security; Medical Diagnosis & Treatment); End-Use (Commercial; Household); Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Definition: Global Pet Wearable Market
Pet wearables are electronic wearable devices that help humans keep a real-time record of their pets, livestock and companion animals with the help of wireless communication systems. These devices help humans in monitoring the health, keep a track of their location, help in unique identification of their pets, as well as help in continuous monitoring of their behaviour and their movement activities.
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Market Analysis: Global Pet Wearable Market
Global Pet Wearable Market is expected to rise to an estimated value of USD 3.30 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant surge in the availability of IoT devices and systems.
Segmentation: Global Pet Wearable Market
By Animal Type
Global pet wearable market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pet wearable market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
In July 2019, Whistle announced the launch of innovative pet wearables, “Whistle GO” and “Whistle GO Explore”. The products are next-generation products compiled with advanced safety and activity monitoring inclusive of a health monitoring platform. The devices offer real-time tracking of pets, improved levels of batter life, illuminating device and is also available in different colours
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About the Authorganesha
Joined: October 29th, 2019
Articles Posted: 413
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