Base Year
Historical Year
Forecast Year
The global pet tech market is expected to witness a healthy growth in the forecast period of 2024-2032, expanding at a CAGR of 24%.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on end use, the household segment accounts for a significant share in the pet tech industry. The increasing adoption of pets in the household sector has been observed in many regions. Dogs and cats are the most preferred domestic animal species. Smart devices, especially for these animals, are being created by pet food suppliers. Some of the big companies producing these technologies are GoPro, CleverPet, PetChatz, Tailio and Petcube. Pet owners in this market are spending heavily on the procurement of automated food distribution systems for their dogs. These systems allow pet owners to set the timer and the portion size of the unit for automated distribution of food to ensure a proper and timely pet diet. In addition, these solutions also offer mobile access, allowing owners to remotely update and evaluate pet eating habits. Many pet feeding systems are equipped with a monitor that can help owners virtually verify their dogs’ health. All these factors are significantly contributing to the growth of the pet tech industry.
Owing to rising concern about the well-being of homeless dogs and cats, Europe is expected to witness a robust growth in the pet tech industry over the projected era. In Germany, private shelters known as "Tierheim" are being designed to house abandoned animals. Thousands of these shelters take care of a large number of animals each year, anywhere from 10,000 to 15,000 animals. These shelters are funded by grants, bequests, governmental bodies, and various organisations. The introduction of new technology such as the smart leash, smart vest, and smart harness is expected to be further motivated by the increasing awareness about the welfare and health of animals.
Several firms have created low-power wireless smart collars with non-invasive sensors to monitor the pet's location, calories eaten and burned, respiration, heartbeat, movement, temperature, and heart-rate changes, all of which contribute to the optimal health of the pet. Furthermore, the rapid growth of pet shops and pet healthcare and pet sitting facilities in the region would enable household pet owners to embrace these advanced technologies.
Pet tech companies are defined as “companies whose core business is using tech-enabled solutions to serve the pet owner market”. This includes, for example, technology solutions for tracking, training, and connectivity of pets.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Existing in the current world necessitates being continuously linked to new apps or digital solutions. This is particularly true when it comes to looking after your loved ones, including pets. Pet tech devices are a whole world of digital solutions for dogs, cats, or other pets.
By product, the market is divided into:
The market is divided based on application into:
The market is divided based on end use into:
The market is divided based on distribution channel into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Pet owners consider their pets to be members of the family and these owners are constantly investing in the well-being of their pets, including health, fitness, and safety. This has contributed to the high adoption of online and digitally connected items to ensure the health and well-being of pets, thus, accelerating the growth of the pet tech industry. The countries such as the United States, India, Russia, and China are global markets with significant numbers of domestic dogs and cats. In addition, higher discretionary income enabled pet owners to spend more on high-quality accessories, such as smart collars with built-in GPS, allowing them to track the health and mood of their pets.
The pet tech industry would benefit from the rising technological advances and developments in pet durables in the forecast period. The development of smart exercise trackers, feeders, games, and others represents only a handful of big technical advances in the pet care industry. Several companies are creating groundbreaking wearable devices that allow pet owners to keep an eye on their pets' activities at all times. This is expected to aid the market in the forecast period.
The report gives a detailed analysis of the following key players in the global pet tech market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The global pet tech market is projected to grow at a CAGR of 24% between 2024 and 2032.
The major drivers of the market are the growing expenditure on pet care, development of smart exercise trackers, feeders, games, the rapid growth of pet shops and pet healthcare, and increasing adoption of pets.
The key trends propelling the market forward are the increased technological advancements and breakthroughs in pet durables and higher discretionary income.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific with Europe accounting for the largest share in the market.
By product, the market is divided into tracking equipment, monitoring equipment, entertainment equipment, and feeding equipment, among others.
The market is divided based on application into pet healthcare, pet owner convenience, communication and entertainment, and pet safety.
The household segment is the dominant end-use segment in the industry.
The leading distribution channels in the market are offline and online.
The major players in the industry are CleverPet, Dogtra Company, Pawscout, Inc., and Felcana, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share