The smart pet collar market is expected to be worth US$ 412 Billion in 2023. Demand in the market is expected to reach US$ 1293.03 Billion by 2033, registering an 10% CAGR over the forecast period (2023-2033).
In its forthcoming market research report, Future Market Insights exposes the hidden currents and opportunities that characterize global Smart Pet Collar market. The report offers detailed analysis of the smart pet collar market based on various growth drivers, restraints, trends and challenges along with revenue generation over historical period. The information and forecast statistics provided in the Smart Pet Collar market report will assist existing as well new players to develop long-term strategies, besides ensuring business continuity during a crisis.
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COVID-19 Impact Analysis
As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The Smart Pet Collar market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Smart Pet Collar market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.
The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Smart Pet Collar market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.
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Key players covered in the report include:
- Garmin
- Whistle
- Fit Bark
- Findster
- Link AKC
- KYON
- Tractive
- Pet Pace
- PETBLE
- Find My Pet
- DOTT, and others
Crucial Questions Answered in the Report
- Which end-use industry remains the top consumer of Smart Pet Collar in different regional markets?
- At what rate has the global Smart Pet Collar market been expanding during the forecast period?
- How will the global Smart Pet Collar market look like by the end of the forecast period?
- What innovative technologies are the Smart Pet Collar market players adopting to stay ahead of the pack?
- What are the restraints affecting the growth of the global Smart Pet Collar market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Smart Pet Collar market.
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Smart Pet Collar Market Segmentation
The global smart pet collar market can be categorized on the following basis:
On the Basis of Product Type
- GPS Based
- Radio Based
- Others
On the Basis of Application
- Training
- Tracking
- Monitoring
On the Basis of Component
- Displays
- GPS Chips
- Bluetooth Chips
- Sensors
On the Basis of Sales Channel
- Online Sales Channel
- Offline Sales Channel
- Multi-Brand Stores
- Supermarkets/ Hypermarkets
- Other Sales Channel
On the Basis of Price
- Mass/ Economic
- Premium
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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