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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Pet Tech Market Size
The Europe pet tech market is estimated to grow at a CAGR of 20.7% during the forecast period of 2024-2032 owing to the increased spending on pet animals.
Europe Pet Tech Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Europe pet tech market is projected to grow at a CAGR of 20.7% between 2024 and 2032.
The major drivers of the market include the investment in research and development activities, adoption of innovative technology, growing use of IoT devices, rising number of pet owners, and increasing demand for remote tracking.
Rising consumer disposable incomes and increasing awareness about pets’ physical and mental health are the key industry trends propelling the growth of the market.
The major regions in the industry are the United Kingdom, Germany, Italy, and France, among others.
Based on technology, the industry can be broadly categorised into RFID, GPS, and sensors, among others.
The major applications considered in the market report are identification and tracking, behaviour monitoring and control, safety and security, and medical diagnosis and treatment, among others.
The significant end uses of pet tech are household and commercial.
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