Smart Pet Collar Market Anticipated to Exhibit a CAGR of 10% from 2023 to 2033: Manufacturers Invest in New Technology and Upgrade Product Portfolios

Smart Pet Collar Market
Smart Pet Collar Market

The smart pet collar market is expected to be worth USD 412 Billion in 2023. Demand in the market is expected to reach USD 1293.03 Billion by 2033, registering an 10% CAGR over the forecast period 2023-2033.

In its upcoming market research report, Future Market Insights reveals the hidden trends and opportunities shaping the global Smart Pet Collar market. The report provides a detailed analysis of the market, examining various growth drivers, restraints, trends, and challenges, along with revenue generation over the historical period. The insights and forecast statistics presented in the Smart Pet Collar market report will help both existing and new players develop long-term strategies and ensure business continuity during crises.

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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.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
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  • Data collected from reliable primary and secondary sources
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Key players 

  • 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 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

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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