Pet Tech Market By Size, Share and Forecast 2029F

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 6.29 billion
CAGR (2024-2029)	13.55%
Fastest Growing Segment	Pet Safety
Largest Market	North America
Market Size (2029)	USD 13.60 billion

Market Overview

Global Pet Tech Market was valued at USD 6.29 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 13.55% through 2029. The humanization of pets is a significant trend influencing the pet tech market. Pet owners now seek to provide their pets with experiences and products that mirror the quality of care they would provide for themselves. This shift in mindset has led to the development of premium pet tech products, including personalized nutrition solutions, advanced health monitoring devices, and smart toys, as pet owners prioritize the health, happiness, and comfort of their animal companions.

Key Market Drivers

Rising Pet Ownership Trends

The global pet technology market is experiencing robust growth due to the surge in pet ownership worldwide. In recent years, there has been a notable shift in societal attitudes towards pets, with an increasing number of people considering their pets as integral members of the family. This changing perspective has led to a growing demand for innovative pet care solutions, driving the development and adoption of pet technology.

As more households welcome pets into their lives, there is a parallel increase in the willingness to invest in their well-being. Pet owners are seeking products and services that enhance the overall quality of life for their furry companions. This trend is particularly evident in developed economies where disposable income is higher, allowing for greater expenditure on premium pet tech products. From smart pet trackers and automated feeders to health monitoring devices, the pet tech market is capitalizing on this shift in consumer behavior.

The younger demographic, often referred to as pet parents, is a key driver of this trend. Millennials and Generation Z individuals, known for their affinity towards technology, are more likely to adopt and integrate pet tech into their daily routines. This demographic's inclination towards connected devices and digital solutions further propels the growth of the global pet tech market.

Technological Advancements and Innovation

A crucial driver behind the expansion of the global pet tech market is the continuous evolution of technology and the rapid pace of innovation. As technology becomes more sophisticated and accessible, pet owners are presented with a diverse array of cutting-edge solutions to address various aspects of pet care. Innovations such as wearable devices, smart pet toys, and remote monitoring systems have become increasingly prevalent.

Advancements in artificial intelligence (AI) and machine learning are contributing to the development of intelligent pet tech solutions. For instance, AI-powered pet trackers can analyze data on a pet's activity levels and health metrics, providing valuable insights to both pet owners and veterinarians. Additionally, the integration of IoT (Internet of Things) technology enables real-time monitoring and communication, allowing pet owners to stay connected with their pets even when they are away from home.

This continuous cycle of technological advancements not only enhances the functionality of existing pet tech products but also drives the creation of new and innovative solutions. Companies in the pet tech industry are investing heavily in research and development to stay ahead of the curve, ensuring that their products align with the ever-changing needs and expectations of pet owners.

Increasing Awareness of Pet Health and Well-being

Growing awareness of pet health and well-being is another significant driver fueling the expansion of the global pet tech market. Pet owners are becoming more conscientious about the physical and mental health of their animals, leading to a surge in demand for products that facilitate proactive and preventive care.

Pet health monitoring devices, such as smart collars and wearable sensors, are gaining popularity as they enable pet owners to track vital signs, activity levels, and potential health issues in real-time. These technologies empower pet owners to take a more proactive role in managing their pets' health, allowing for early detection of ailments and prompt intervention.

The increasing focus on preventive healthcare for pets is also driving the demand for smart nutrition solutions. Pet food technologies, including personalized nutrition plans and automated feeders, are designed to cater to the specific dietary needs of individual pets. This emphasis on tailored nutrition aligns with the broader trend of humanization of pets, where pet owners seek to provide the best possible care and nutrition for their animal companions.

The rising trends in pet ownership, coupled with ongoing technological advancements and a growing awareness of pet health, collectively propel the global pet tech market forward. As the bond between humans and their pets continues to strengthen, the demand for innovative and technologically advanced pet care solutions is likely to remain a key driver of this burgeoning industry.

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Key Market Challenges

Fragmented Regulatory Landscape

One of the prominent challenges facing the global pet tech market is the fragmented and evolving regulatory landscape. As pet technology continues to advance, governments and regulatory bodies worldwide are grappling with the need to establish clear guidelines and standards to ensure the safety, efficacy, and ethical use of these products and services.

The absence of standardized regulations poses a challenge for businesses operating in the pet tech sector, as they must navigate a complex web of regional, national, and international rules. Varying regulatory requirements can lead to delays in product launches, increased compliance costs, and uncertainties for manufacturers and service providers. Moreover, the lack of a unified regulatory framework may hinder cross-border trade and limit the global expansion of pet tech companies.

To address this challenge, industry stakeholders, including manufacturers, policymakers, and advocacy groups, need to collaborate in developing consistent and comprehensive regulatory frameworks. Establishing clear guidelines for product safety, data privacy, and ethical considerations will not only benefit businesses but also foster consumer trust, ensuring the sustainable growth of the global pet tech market.

Data Privacy and Security Concerns

As pet tech devices become more sophisticated, the collection and utilization of pet-related data raise significant privacy and security concerns. Many pet tech products, such as smart collars, GPS trackers, and health monitoring devices, gather sensitive information about a pet's location, behavior, and health. Ensuring the privacy and security of this data is crucial to building and maintaining consumer trust.

Pet owners are increasingly aware of the potential risks associated with the misuse of their pets' data, including unauthorized access, data breaches, and the sale of personal information to third parties. Addressing these concerns requires pet tech companies to implement robust data protection measures, including encryption, secure storage, and transparent privacy policies. Additionally, companies should adopt industry best practices for cybersecurity to safeguard against potential threats.

Compliance with data protection regulations, such as the General Data Protection Regulation (GDPR) in Europe and similar laws in other regions, adds an additional layer of complexity for global pet tech providers. Failure to prioritize data privacy and security not only poses a risk to individual pet owners but also jeopardizes the reputation and viability of the entire pet tech industry.

Limited Interoperability and Standardization

The lack of interoperability and standardization within the pet tech ecosystem presents a significant challenge for both industry players and consumers. As the market experiences rapid growth, a multitude of products and services with varying technologies and communication protocols are entering the landscape. This lack of standardization can result in compatibility issues, making it difficult for pet owners to seamlessly integrate multiple devices into a cohesive pet care system.

Pet tech devices, such as smart feeders, health monitors, and training tools, often operate on proprietary platforms or utilize different communication protocols. This fragmentation not only complicates the user experience but also limits the potential for synergies between different products. For instance, a health monitoring device from one manufacturer may not communicate effectively with a smart feeder from another, hindering the development of comprehensive and integrated pet care solutions.

To overcome this challenge, industry stakeholders need to collaborate on establishing common standards for communication and interoperability. Open-source platforms and industry alliances can play a crucial role in fostering collaboration and ensuring that pet tech products from different manufacturers can seamlessly work together. By addressing interoperability challenges, the global pet tech market can unlock greater innovation and provide pet owners with more comprehensive and user-friendly solutions.

Key Market Trends

Artificial Intelligence and Machine Learning Integration

One prevailing trend in the global pet tech market is the increasing integration of artificial intelligence (AI) and machine learning (ML) technologies into pet care products and services. AI and ML are revolutionizing the way pet owners monitor, manage, and interact with their animal companions, offering advanced capabilities that go beyond conventional pet care.

One prominent application of AI in pet tech is the development of smart pet monitoring devices equipped with computer vision and image recognition capabilities. These devices can analyze and interpret a pet's behavior, allowing owners to receive real-time insights into their pet's emotional state, activity levels, and potential health issues. For example, AI-powered cameras can detect unusual behaviors, such as excessive scratching or lethargy, triggering alerts to pet owners or even veterinary professionals.

Machine learning algorithms are also being employed to personalize pet care solutions. From smart feeders that adjust portion sizes based on a pet's specific dietary needs to AI-driven pet training tools that adapt to individual learning styles, ML enables a level of customization that enhances the overall well-being of pets. The continuous learning capabilities of these algorithms mean that pet tech products can evolve and improve over time, providing increasingly accurate and tailored experiences for both pets and their owners.

AI is contributing to the development of automated healthcare solutions for pets. Virtual veterinary assistants powered by AI can offer guidance on common health issues, recommend preventive care measures, and provide users with valuable information about their pets' well-being. As AI technologies continue to advance to expect an even greater proliferation of intelligent and adaptive pet tech solutions, further shaping the landscape of the global pet tech market.

Telehealth and Remote Monitoring for Pet Healthcare

The global pet tech market is witnessing a significant trend towards telehealth and remote monitoring solutions for pet healthcare. As pet owners increasingly seek convenient and accessible ways to monitor and manage their pets' health, technology is stepping in to bridge the gap between traditional veterinary care and at-home monitoring.

Telehealth services for pets leverage digital communication channels to connect pet owners with veterinarians remotely. This trend gained momentum, especially in the wake of global events that restricted in-person interactions. Through video consultations, chat interfaces, and even mobile apps, pet owners can seek professional advice, receive virtual diagnoses, and discuss treatment plans with licensed veterinarians from the comfort of their homes.

In addition to telehealth, remote monitoring devices are becoming integral to pet healthcare. Wearable devices equipped with sensors can track various health metrics, including activity levels, heart rate, and sleep patterns. Pet owners can access this data in real-time through dedicated apps, allowing them to detect early signs of illness, monitor chronic conditions, and proactively manage their pets' well-being.

The integration of telehealth and remote monitoring not only provides convenience but also addresses challenges such as pet anxiety during visits to traditional veterinary clinics. This trend aligns with the broader shift towards preventive pet healthcare, allowing pet owners to take a proactive approach to their pets' health rather than solely relying on reactive measures.

As the global pet tech market continues to evolve to anticipate further advancements in telehealth and remote monitoring technologies, offering pet owners more sophisticated and user-friendly tools to ensure the health and happiness of their furry companions.

Segmental Insights

Product Insights

The Monitoring Equipment segment dominated the Global Pet Tech Market in 2023. Health monitoring devices form a substantial portion of the Monitoring Equipment segment. These devices include wearables such as smart collars, activity trackers, and health sensors designed to monitor a pet's vital signs, activity levels, and overall well-being. Advanced sensors in these devices can track parameters like heart rate, respiratory rate, sleep patterns, and calories burned. The data collected is often transmitted to a dedicated mobile app or online platform, allowing pet owners and veterinarians to monitor and analyze trends over time.

GPS tracking systems are integral to the Monitoring Equipment segment, offering pet owners peace of mind by enabling real-time location tracking of their pets. GPS-enabled collars or devices provide accurate location information, and some even offer geofencing features that send alerts when a pet leaves a predefined area. This technology addresses concerns related to lost or stolen pets and enhances pet safety, especially for those with outdoor or adventurous lifestyles.

This subset of monitoring equipment focuses on the pet's environment, ensuring optimal conditions for their well-being. Devices such as smart pet cameras equipped with temperature and humidity sensors enable pet owners to remotely monitor the conditions in which their pets are living. This is particularly beneficial for pet owners who leave their pets at home during the day, providing insights into environmental factors that could affect the pet's comfort and health.

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Regional Insights

North America emerged as the dominating region in 2023, holding the largest market share. North America has been at the forefront of technological innovation, and this trend extends to the pet tech market. The region is home to numerous startups and established companies that are continually pushing the boundaries of what is possible in pet care technology. From smart pet wearables to advanced pet monitoring systems, North American consumers are early adopters of cutting-edge pet tech products. This culture of innovation is supported by a robust ecosystem of investors, accelerators, and research institutions dedicated to advancing pet technology.

The prevalence of e-commerce platforms in North America has significantly contributed to the growth of the pet tech market. Pet owners can easily access a wide range of pet tech products through online channels, facilitating convenient and efficient shopping experiences. The e-commerce boom, especially during the global events that prompted an increase in online shopping, has propelled the sales of pet tech products. Major retailers, both brick-and-mortar and online, offer a diverse selection of pet tech solutions, contributing to the accessibility and widespread adoption of these products.

The awareness and emphasis on pet health and wellness are prominent trends in North America. Pet owners in the region are increasingly seeking preventive healthcare solutions and products that enhance the overall quality of life for their pets. This trend aligns with the growing demand for health monitoring devices, smart pet nutrition solutions, and telehealth services for pets. The integration of technology into preventive pet healthcare aligns with the broader cultural shift toward viewing pets as family members deserving of the best possible care.

North America has a well-established regulatory environment governing pet products, ensuring the safety and efficacy of pet tech solutions. Compliance with regulatory standards is crucial for market players to gain consumer trust and navigate the complex landscape of regional and national regulations. The presence of regulatory frameworks contributes to the development of high-quality and reliable pet tech products in the market.

Recent Developments

In January 2023, Invoxia, a prominent French consumer electronics firm, introduced an unprecedented smart dog collar integrating cutting-edge heart rate tracking technology. This revolutionary collar showcases advanced functionalities that rival the accuracy of human electrocardiograms (ECGs).

Key Market Players

GoPro, Inc.
FitBark Inc.
Garmin Inc.
Pawp, Inc.
Dogtra Co.
Chewy, Inc.
Mars, Inc.
Motorola Solutions Inc.
CleverPet, Inc.
Tractive GmbH

By Type	By Product	By Application	By Region
RFID GPS Sensors Others	Monitoring Equipment Tracking Equipment Feeding Equipment Pet Wearables Others	Pet Safety Pet Healthcare Pet Owner Convenience Communication & Entertainment	North America Europe Asia-Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Pet Tech Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Pet Tech Market, By Type:

o RFID

o GPS

o Sensors

o Others

Pet Tech Market, By Product:

o Monitoring Equipment

o Tracking Equipment

o Feeding Equipment

o Pet Wearables

o Others

Pet Tech Market, By Application:

o Pet Safety

o Pet Healthcare

o Pet Owner Convenience

o Communication & Entertainment

Pet Tech Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

§ Netherlands

§ Belgium

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

§ Thailand

§ Malaysia

o South America

§ Brazil

§ Argentina

§ Colombia

§ Chile

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Pet Tech Market.

Available Customizations:

Global Pet Tech Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Pet Tech Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1.Markets Covered

1.2.2.Years Considered for Study

1.2.3.Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Formulation of the Scope

2.4. Assumptions and Limitations

2.5. Sources of Research

2.5.1.Secondary Research

2.5.2.Primary Research

2.6. Approach for the Market Study

2.6.1.The Bottom-Up Approach

2.6.2.The Top-Down Approach

2.7. Methodology Followed for Calculation of Market Size & Market Shares

2.8. Forecasting Methodology

2.8.1.Data Triangulation & Validation

3. Executive Summary

4. Impact of COVID-19 on Global Pet Tech Market

5. Voice of Customer

6. Global Pet Tech Market Overview

7. Global Pet Tech Market Outlook

7.1. Market Size & Forecast

7.1.1.By Value

7.2. Market Share & Forecast

7.2.1.By Type (RFID, GPS, Sensors and Others)

7.2.2.By Product (Monitoring Equipment, Tracking Equipment, Feeding Equipment, Pet Wearables and Others)

7.2.3.By Application (Pet Safety, Pet Healthcare, Pet Owner Convenience and Communication & Entertainment)

7.2.4.By Region (North America, Europe, South America, Middle East & Africa, Asia-Pacific)

7.3. By Company (2023)

7.4. Market Map

8. North America Pet Tech Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value

8.2. Market Share & Forecast

8.2.1.By Type

8.2.2.By Product

8.2.3.By Application

8.2.4.By Country

8.3. North America: Country Analysis

8.3.1.United States Pet Tech Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Product

8.3.1.2.3. By Application

8.3.2.Canada Pet Tech Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Product

8.3.2.2.3. By Application

8.3.3.Mexico Pet Tech Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Product

8.3.3.2.3. By Application

9. Europe Pet Tech Market Outlook

9.1. Market Size & Forecast

9.1.1.By Value

9.2. Market Share & Forecast

9.2.1.By Type

9.2.2.By Product

9.2.3.By Application

9.2.4.By Country

9.3. Europe: Country Analysis

9.3.1.Germany Pet Tech Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Product

9.3.1.2.3. By Application

9.3.2.France Pet Tech Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Product

9.3.2.2.3. By Application

9.3.3.United Kingdom Pet Tech Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Product

9.3.3.2.3. By Application

9.3.4.Italy Pet Tech Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Type

9.3.4.2.2. By Product

9.3.4.2.3. By Application

9.3.5.Spain Pet Tech Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Type

9.3.5.2.2. By Product

9.3.5.2.3. By Application

9.3.6.Netherlands Pet Tech Market Outlook

9.3.6.1. Market Size & Forecast

9.3.6.1.1. By Value

9.3.6.2. Market Share & Forecast

9.3.6.2.1. By Type

9.3.6.2.2. By Product

9.3.6.2.3. By Application

9.3.7.Belgium Pet Tech Market Outlook

9.3.7.1. Market Size & Forecast

9.3.7.1.1. By Value

9.3.7.2. Market Share & Forecast

9.3.7.2.1. By Type

9.3.7.2.2. By Product

9.3.7.2.3. By Application

10. South America Pet Tech Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Product

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Pet Tech Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Product

10.3.1.2.3. By Application

10.3.2. Colombia Pet Tech Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Product

10.3.2.2.3. By Application

10.3.3. Argentina Pet Tech Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Product

10.3.3.2.3. By Application

10.3.4. Chile Pet Tech Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Type

10.3.4.2.2. By Product

10.3.4.2.3. By Application

11. Middle East & Africa Pet Tech Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Product

11.2.3. By Application

11.2.4. By Country

11.3. Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Pet Tech Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Type

11.3.1.2.2. By Product

11.3.1.2.3. By Application

11.3.2. UAE Pet Tech Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Type

11.3.2.2.2. By Product

11.3.2.2.3. By Application

11.3.3. South Africa Pet Tech Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Type

11.3.3.2.2. By Product

11.3.3.2.3. By Application

11.3.4. Turkey Pet Tech Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Type

11.3.4.2.2. By Product

11.3.4.2.3. By Application

12. Asia-Pacific Pet Tech Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Type

12.2.2. By Product

12.2.3. By Application

12.2.4. By Country

12.3. Asia-Pacific: Country Analysis

12.3.1. China Pet Tech Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1. By Value

12.3.1.2. Market Share & Forecast

12.3.1.2.1. By Type

12.3.1.2.2. By Product

12.3.1.2.3. By Application

12.3.2. India Pet Tech Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1. By Value

12.3.2.2. Market Share & Forecast

12.3.2.2.1. By Type

12.3.2.2.2. By Product

12.3.2.2.3. By Application

12.3.3. Japan Pet Tech Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1. By Value

12.3.3.2. Market Share & Forecast

12.3.3.2.1. By Type

12.3.3.2.2. By Product

12.3.3.2.3. By Application

12.3.4. South Korea Pet Tech Market Outlook

12.3.4.1. Market Size & Forecast

12.3.4.1.1. By Value

12.3.4.2. Market Share & Forecast

12.3.4.2.1. By Type

12.3.4.2.2. By Product

12.3.4.2.3. By Application

12.3.5. Australia Pet Tech Market Outlook

12.3.5.1. Market Size & Forecast

12.3.5.1.1. By Value

12.3.5.2. Market Share & Forecast

12.3.5.2.1. By Type

12.3.5.2.2. By Product

12.3.5.2.3. By Application

12.3.6. Thailand Pet Tech Market Outlook

12.3.6.1. Market Size & Forecast

12.3.6.1.1. By Value

12.3.6.2. Market Share & Forecast

12.3.6.2.1. By Type

12.3.6.2.2. By Product

12.3.6.2.3. By Application

12.3.7. Malaysia Pet Tech Market Outlook

12.3.7.1. Market Size & Forecast

12.3.7.1.1. By Value

12.3.7.2. Market Share & Forecast

12.3.7.2.1. By Type

12.3.7.2.2. By Product

12.3.7.2.3. By Application

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends and Developments

15. Company Profiles

10.

11.

12.

13.

14.

15.

15.1. GoPro, Inc.

15.1.1. Business Overview

15.1.2. Key Revenue and Financials

15.1.3. Recent Developments

15.1.4. Key Personnel/Key Contact Person

15.1.5. Key Product/Services Offered

15.2. FitBark Inc.

15.2.1. Business Overview

15.2.2. Key Revenue and Financials

15.2.3. Recent Developments

15.2.4. Key Personnel/Key Contact Person

15.2.5. Key Product/Services Offered

15.3. Garmin Inc.

15.3.1. Business Overview

15.3.2. Key Revenue and Financials

15.3.3. Recent Developments

15.3.4. Key Personnel/Key Contact Person

15.3.5. Key Product/Services Offered

15.4. Pawp, Inc.

15.4.1. Business Overview

15.4.2. Key Revenue and Financials

15.4.3. Recent Developments

15.4.4. Key Personnel/Key Contact Person

15.4.5. Key Product/Services Offered

15.5. Dogtra Co.

15.5.1. Business Overview

15.5.2. Key Revenue and Financials

15.5.3. Recent Developments

15.5.4. Key Personnel/Key Contact Person

15.5.5. Key Product/Services Offered

15.6. Chewy, Inc.

15.6.1. Business Overview

15.6.2. Key Revenue and Financials

15.6.3. Recent Developments

15.6.4. Key Personnel/Key Contact Person

15.6.5. Key Product/Services Offered

15.7. Mars, Inc.

15.7.1. Business Overview

15.7.2. Key Revenue and Financials

15.7.3. Recent Developments

15.7.4. Key Personnel/Key Contact Person

15.7.5. Key Product/Services Offered

15.8. Motorola Solutions Inc.

15.8.1. Business Overview

15.8.2. Key Revenue and Financials

15.8.3. Recent Developments

15.8.4. Key Personnel/Key Contact Person

15.8.5. Key Product/Services Offered

15.9. CleverPet, Inc.

15.9.1. Business Overview

15.9.2. Key Revenue and Financials

15.9.3. Recent Developments

15.9.4. Key Personnel/Key Contact Person

15.9.5. Key Product/Services Offered

15.10. Tractive GmbH

15.10.1. Business Overview

15.10.2. Key Revenue and Financials

15.10.3. Recent Developments

15.10.4. Key Personnel/Key Contact Person

15.10.5. Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Pet Tech Market in 2023?

The market size of the Global Pet Tech Market was USD 6.29 billion in 2023.

Which was the dominant segment by product in the Global Pet Tech Market in 2023?

In 2023, the Monitoring Equipment segment asserted notable dominance. Health monitoring devices constitute a significant portion of this segment, encompassing wearables like smart collars, activity trackers, and health sensors. These devices are tailored to track a pet's vital signs, activity levels, and general health status.

Which is the dominant region in the Global Pet Tech Market?

North America dominated the market in 2023. North America has one of the highest rates of pet ownership globally, with a significant percentage of households owning pets such as dogs, cats, and small animals. This widespread pet ownership fuels demand for innovative pet technology solutions to enhance pet care and well-being.

What are the major drivers for the Global Pet Tech Market?

The major drivers for the Global Pet Tech Market include increasing pet ownership, growing awareness about pet health and wellness, and technological advancements in pet care products and services.

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Sakshi Bajaal

Business Consultant

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Press Release

Pet Tech Market is expected to grow at a CAGR of 13.55% through 2029

May, 2024

Global Pet Tech Market is expected to grow owing to growing awareness of pet health and well-being throughout the forecast period

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