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Report Overview

The global pet wearable market is anticipated to achieve USD 4.92 billion by 2032, growing from USD 1.48 billion in 2023 at a CAGR of 14.2% in the forecast period of 2024-2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Pet Wearable Market

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An intelligent pet collar is a tool that connects to a smartphone wirelessly via Wi-Fi or Bluetooth and offers perspectives into animals such as their place, training activities, and more. In contrast to the current traditional collar, it is a multi-purpose tool. This collar enables pet owners to monitor, track, and obtain data and alerts about your pet using GPS technology and interact with others using an LED display on the outside of the collar. Pet owners can also check in on some of their pet’s health characteristics.

One of the primary growth factors for the pet wearable market is the growing demand from working people for pet surveillance. Employment rates are steadily growing around the globe, and the requirements of pet owners for smart-connected collars that allow them to communicate with their animals from their workplace are quickly rising owing to their hectic lifestyle and long working hours.

Market Segmentation

The pet wearable market can be divided based on segments like product, technology, pet type, and application.

Breakup by Product Type

  • Smart Collar
  • Smart Camera
  • Smart Harness and Vest
  • Tags

Market Breakup by Technology

  • GPS
  • RFID
  • Sensors
  • Others

Market Breakup by Pet Type

  • Companion
  • Livestock

Market Breakup by Application

  • Identification and Tracking
  • Behaviour Monitoring
  • Facilitation, Safety and Security
  • Medical Diagnosis and Treatment

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Pet Wearable Market

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Market Analysis

The market growth is ascribed to the growing concerns about pet health and well-being, rising pet population and pet humanization, increased IoT demand in pet monitoring devices, and increased pet expenditure, owing to high disposal revenue. During the forecast period, the identification and monitoring application segment is anticipated to dominate the market. It is estimated that the essential use of wearable monitoring systems to find lost and stolen animals will drive the sector over the forecast period.

Global Pet Wearable Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global pet wearable market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Allflex USA Inc.    
  • Avid Identification Systems, Inc.   
  • Datamars, Inc.    
  • Fitbark    
  • Garmin Ltd.    
  • Smart Tracking Technologies, LLC
  • PetPace
  • Loc8tor Ltd.
  • Intervet Inc. 
  • Radio Systems Corporation
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*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

In 2023, the global pet wearable market attained a value of nearly USD 1.48 billion.

The market is projected to grow at a CAGR of 14.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 4.92 billion by 2032.

The major drivers of the market include the growing concerns about pet health and well-being, rising pet population, and pet humanisation, among others.

The rapid technological advancements, such as the development of intelligent pet collar that can establish a wireless connection with smart phone via Bluetooth or Wi-Fi, are expected to be a key trend guiding the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Smart collar, smart camera, smart harness and vest, and tags are the major pet wearable products in the market.

GPS, RFID, and sensors, among others are the significant technologies of the product in the market.

Companion and livestock are the different pet types in which the market has been bifurcated.

Identification and tracking, behaviour monitoring, facilitation, safety, and security, and medical diagnosis and treatment are the major applications of the product.

The major players in the global pet wearable market are Allflex USA Inc., Avid Identification Systems, Inc., Datamars, Inc., Fitbark, Garmin Ltd., Smart Tracking Technologies, LLC, PetPace, Loc8tor Ltd., Intervet Inc., and Radio Systems Corporation, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Product
  • Technology
  • Pet Type
  • Application
  • Region
Breakup by Product
  • Smart Collar
  • Smart Camera
  • Smart Harness and Vest
  • Tags
Breakup by Technology
  • GPS
  • RFID
  • Sensors
  • Others
Breakup by Pet Type
  • Companion
  • Livestock
Breakup by Application
  • Identification and Tracking
  • Behaviour Monitoring
  • Facilitation, Safety and Security
  • Medical Diagnosis and Treatment
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Allflex USA Inc.
  • Avid Identification Systems, Inc.
  • Datamars SA
  • Fitbark Inc.
  • Garmin Ltd.
  • Smart Tracking Technologies, LLC
  • PetPace
  • Loc8tor Ltd.
  • Intervet Inc.
  • Radio Systems Corporation
  • Others
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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124