Driving the global smart pet tag market

Posted by Industry Probe on December 9th, 2020

In the world of digitalization, technology has become one of the most important parts of daily life.  From home to college, office, and almost everywhere, technology seems to with most people wherever they go. This technological trend has not only helped humans but also animals. Recent developments in artificial intelligence have helped pet owners to keep track of the pets and their wellbeing through smart pet tags. The smart tags make an excellent fit for all the pets at home, offering a smart, reliable alternative to traditional pet tags. These smart tags have a broad range of benefits due to which they are becoming increasingly popular. Smart pet tags are the devices that monitor a pet’s temperature, location, heart rate, and position via wireless communication. These devices are connected to smartphones using Bluetooth or Wi-fi and show information about pets and their daily activities.

 For almost every pet owner, there comes a point where they have experienced the panic that follows when their pets like cats and dogs, darts past and out the door, or breaks out of the backyard. It can be an awful feeling which now, can be avoided by using the pet tags that alert pet owners via a smartphone app if their dog or cat has gotten out. Many smartphone applications allow the user to mark their pet as lost, so when anyone with the same application passes within 300 feet of a lost pet will get a notification with directions on communicating with the pet's owner. The smart tag also allows users to create a detailed digital profile of the pet, photos, vaccination details, and behavioral or medicinal issues. The features that come with the smart pet tag can be a dream of the pet owners. People who struggle with time to look after the pet all the time are attracted to such products and increasing the demand for a global smart pet tag market.

The report states that the factors such as a rise in disposable income, advancement in lifestyle patterns of selves, and assorted corporate culture are anticipated to drive the demand for smart pet tag during the forecast period. The market has beheld a trend in the smart pet tag due to the rise of e-commerce platforms across the world. e-Commerce has raised tremendous popularity in the rural as well as urban areas, empowering consumers to order online and receive products at their doorstep. This progress in the sales field has improved the reach towards the customers and is anticipated to boost the market with sales. Moreover, the report also highlights copious factors responsible for the growth of the market such as development constituents, statistical growth, business strategies, financial loss or gain to assist readers, as well as clients, comprehend the smart pet tag market from a global perspective.

The global smart pet tag market has been segregated in the report based on the pet type, size, product type, distribution channel, and region. To categorize by pet type, the smart pet tag market can be divided into dog and cat. Based on the size, the smart pet tag market can be divided into small, medium, and large. In terms of product type, the global Smart Pet Tag Market can be categorized into smart tags, smart vests, smart collars, and others.  In terms of material, the global Smart Pet Tag Market can be split into plastic, polymer, polyester, and PVC. The offline segment can be sub-divided into specialty stores, hypermarkets, supermarkets, and departmental stores. Based on the distribution channel, the global smart pet tag market can be bifurcated into offline and online. The online segment is sub-segmented into company-owned websites and e-commerce portals.

Originally published on-

https://industryprobe.weebly.com/blog/increased-workload-and-demand-for-pet-tracking-devices-are-driving-the-global-smart-pet-tag-market

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Joined: March 24th, 2020
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