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The global pet wearable market size was valued at USD 2.70 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 14.3% from 2023 to 2030. The market growth is supported by awareness among owners regarding the well-being of their pets. Further, the pet wearable industry has attracted considerable funding over the last couple of years for an array of technology-enhanced products for pets, including cameras and wearables. The pet wearable industry is still in its initial stages of development. However, it is still characterized by increasing competition among key stakeholders and the threat of new entrants. The focus of OEM will be the development of products with the capability of efficiently collecting health metrics.
IoT will play a crucial role in driving market growth in the future. Transmitting real-time data concerning pet health to veterinarians or pet owners will be supported by the connectivity offered by these devices. The non-invasive wearable sensor system combining photoplethysmograph (PPG), electrocardiogram (ECG), and inertial measurement units (IMU) is used to continuously monitor the health condition of pets integrated with the wireless technology, and handheld devices can make pet health monitoring easier.
Advancements in technologies including sensors, cameras, GPS, etc. will further elevate market demand in the future. Technology plays an important role in any electronic device, therefore any advancements in the aforementioned fields will be conducive to the growth of the pet wearables industry. Short battery life and high consumption of power may reduce the usage and adoption of the technology. Moreover, compliance with stringent government regulations is expected to hamper the pet wearable technology market growth.
The rising investment and advancement of technology results in increased purchase of products, which includes wearable tracking technology, that enables both pet owners and brands to delve into a pet's peculiar needs. Enterprises' specializations in pet health and wellness are utilizing insights into pet behavior as more comprehensive data is available. Moreover, effective monitoring and a better understanding of the pet enable companies to easily identify new health conditions and potential health-related issues with insights into exercise, nutrition, and sleep patterns. These attributes enable companies to manufacture solutions that are in line with the wearable pet technology market demand.
Regulatory compliance and consumer education are major factors that have been challenged as far as pet wearable devices market is concerned. Regulatory compliance has been a concern that has been troubling the companies operating in pet care market, especially for the pet care companies operating in food segment, owing to various restrictions that are sometimes conflicting by country/region/state. Even among pet care companies offering pet foods, the products that contain meat substances are subject to additional regulations. A majority of pet owners need to learn about the intricacies of pet wellness, which has resulted in brands investing in educational efforts aimed at assisting consumers understand the importance of holistic pet products.
Pet owners in Latin America are increasingly concerned with the safety and security of their pets, which has resulted in the increased growth of the wearable in the region, especially for products such as GPS tracking and live positioning functionalities. Moreover, the increasing number of missing pets in the Latin American region has also increased pet safety awareness among other pet owners. Moreover, stricter safety regulations are also being imposed to curb the event, such as missing pets. For instance, the Peruvian government launched initiatives that included chip placement for lost pet searches and a special registry for dogs. Initiatives of this kind have spurred the adoption of pet wearable devices across Latin America, especially in Peru and Argentina. Further, the integration of advanced technologies and the increasing concerns related to pets' health and safety are expected to create increased opportunities for pet wearable devices market companies operating in the Latin American region.
The ease of collecting certain pet health metric data has fueled the interest of pet owners in these products. Moreover, the increasing trend of healthier pet lives, primarily focused on feeding and obesity control, has created an increased demand for wearable devices which have real time monitoring capability. Moreover, according to a survey by the Association of Pet Obesity and Prevention, around 56% of dogs and 60% of cats are clinically overweight, which has been fueling the adoption of pet wearable products. To facilitate the requirement of real time decision-making among veterinarians, leading pet wearable companies are focused on the development of devices that are integrated with cloud-based analytics. Location tracking is another major feature that has been once the preferred functionality among pet owners. Manufacturers are integrating sensors into their pet wearable solutions, enabling pet owners to track the activities of their pets via smartphones.
The RFID segment in pet wearable devices recorded the highest revenue share surpassing 30% in 2022. Reliability and accuracy are the two key features contributing to the pet wearable segment’s growth. The RFID trackers help monitor parameters concerning health such as variability in heart rate, calorie intake, body temperature, and pulse. These benefits play a key role in up-keeping segment growth, a trend expected to continue from 2023 to 2030.
GPS enabled devices segment is projected to grow at a CAGR of 15.0% from 2023 to 2030, contributing to a high revenue share over 2023 to 2030. Growing demand to monitor pet activities while ensuring security is creating avenues for GPS-based pet wearable devices. Growth in real-time positioning, increasing penetration of smartphones, and growth in mapping portals worldwide are estimated to fuel demand. Moreover, GPS providers have established strategic alliances with stores, mobile phone manufacturers, and application developers to increase GPS usage in new applications.
The demand for identification & tracking pet wearable devices held a revenue share nearly of 61 % in 2022. Access to location history and weight & dimensions are key features driving the segment’s growth. These devices offer pet owners a secure and easy way to monitor pet activity contributing to the segment's popularity.
Apart from activity monitoring, the demand for pet wearables for medical diagnosis & treatment is projected to witness growth at a CAGR around 16% from 2023 to 2030. The expenditure on pet health diagnostics is creating opportunities for segment growth. Without a doubt, we can say that pet wearables have a bright future, with pet owners spending more daily. To a certain extent, this spending is driven by emotional motives such as increasing emotional attachment as well as dependence on pets for entertainment, companionship, and mental well-being.
The North America pet wearable market held the highest market share nearly of 38% in 2022. The availability of sophisticated technologies in the region, along with increasing spending on pet healthcare, is anticipated to drive the regional pet wearable industry growth. For example, according to the America Pet Product Association, the spending on the pet industry in the U.S. is projected to surpass USD 100 billion by 2022. The improving regulations standards and the presence of key companies in the region have also played a crucial role in the North America pet wearable market.
The pet wearable market in Europe held a market share of 27.7% in 2022. The growth of the pet wearable market in Europe can be attributed to factors such as increased demand for pet monitoring and technical improvements, increased acceptance of IoT, and increased acceptance of pets’ physical and mental wellness.
The U.K. pet wearable market held a market share nearly of 15% in the European pet wearable market in 2022. The growth of the pet wearable market in the U.K. can be attributed to factors that include the capability to track pets using GPS technology, check the health aspects of pets, and monitor, track, and receive information and alerts on pets.
The pet wearable market in Germany held a market share of 24.0% in 2022 in the European pet wearable market. The growth of the pet wearable market in Germany can be attributed to factors such as the country being a major player in the sensor market. Moreover, the humanization trend among pet owners for demanding advanced and top-class pet wearable products has also been fueling the growth of the region market.
The pet wearable market in France held a market share nearly of 19% in 2022 in the European pet wearable market. The growth of the pet wearable market in France can be attributed to factors such as advancement in wireless area network, adoption of digital maps, development of mobile application among others.
The Asia Pacific pet wearable market held a market share nearly of 20% in the global pet wearable market. The growth of the pet wearable market in the Asia Pacific region can be attributed to the rising incidence of chronic diseases in pets, growing expenditure on pets owing to high disposal income, and increasing wearable technology penetration.
The China pet wearable market was estimated to be USD 0.19 billion in 2022. The growth of the pet wearable market in China can be attributed to increased investment in R&D activities, increased concern for pet health and wellbeing, and growing expenditure on pets.
The pet wearable market in India is expected to register a growth rate of 18% over 2023 to 2030. The growth of the pet wearable market in India can be attributed to increasing investment in pet technologies, increasing awareness about animal health, and integration of AI and ML algorithms, among others.
The pet wearable market in Japan is estimated to be USD 0.07 million in 2022. The growth of the Japanese pet wearable market can be attributed to companies based in the country who have been coming up with pet wearable solution that offers advanced capabilities. For instance, in April 2022, Unicharm Corp. announced its partnership with Rabo Inc. aimed at pushing the digital transformation of the pet care sector forward. Rabo Inc. has launched a wearable device that enables owners to track their cat's movements in real-time and also gives insights into pet's emotions and health, among others.
The Middle East & Africa pet wearable market is expected to occupy a market share nearly of 6% in 2022. The driving factors of the pet wearable market in the Middle East & Africa include growing demand for pet monitoring, technological advancement, and growing expenditure on pets, among others.
The pet wearable market in Saudi Arabia is witnessing a high growth rate in 2023 to 2030, which can be attributed to increasing pet adoption, technological advancement, an increasing number of veterinary clinics, and expanding IoT adoption, among others.
Some of the key players operating in the pet wearable market include Datamars, FitBark Service, and Garmin Ltd., among others.
Datamars is a Swiss technology company that specializes in identification, tracking, and monitoring solutions for a variety of industries, including the pet industry. They offer a variety of products and services for pets, including ID tags, GPS trackers, and activity monitors. Datamars also offers a variety of software solutions for the pet industry, including pet tracking software and pet management software. The presence of such major companies in the European region has been crucial in driving the growth of the Europe pet wearable market.
FitBark is a company that makes pet wearables, including the FitBark 2 and the FitBark GPS. The FitBark 2 is an accelerometer that is used to measure physical activity in dogs. The FitBark GPS is a tracker that can be used to track the location of a dog. Both the FitBark 2 and the FitBark GPS are designed to be low-cost and have a long battery life. The FitBark 2 has a battery life of about six months, while the FitBark GPS has a battery life of about three days. The FitBark 2 is a small, lightweight device that is attached to the collar of a dog. It uses a 3-axis accelerometer to measure the amount of activity that the dog is doing. The data from the accelerometer is then sent to the FitBark app, which can be used to track the dog's activity levels over time.
PETFON, Link my Pet, and LATSEN are some of the emerging market participants in the pet wearable market.
PETFON is a pet GPS tracker that uses a combination of GPS, WiFi, Bluetooth, and long-distance wireless technologies to track your pet's activity and pinpoint its location in real time. It is designed for outdoor use, such as camping or hiking. The tracking distance varies from 0.1-3.5 miles depending on the user's environment. PETFON consists of two modules, Controller and Tracker. The owner carries the Controller, and the Tracker is attached to the dog. To use PETFON, you need to download the PETFON app and follow the instructions. With the app, you can view your pet's activities and pinpoint their location at any time. The presence of such companies in the North American region has played a pivotal role in the growth of the North America pet wearable market.
Link My Pet is a health and wellness platform for pets that uses algorithms to develop solutions. The Link Smart Pet Wearable is a lightweight, waterproof collar attachment that connects pet parents to their pet's health, safety, and well-being. The app's algorithm offers customized activity targets by size, breed, size, and behavior aimed at making sure the pet gets enough exercise. The app can also be used to monitor the ambient temperature of the pet's location and get alerts if the temperature gets too hot or cold.
In November 2023, PetPace announced a partnership with Veterinary Health Research Centers (VHRC) to research Canine Alzheimer's Disease. The initiative has been named Dogs Overcoming Geriatric Memory and Aging (DOGMA). For carrying out this study, the biometric collars of PetPace would be used to monitor and analyze the health and behavior of aging dogs to identify similarities between Alzheimer's disease in humans and canines.
In October 2023, PetPace announced the launch of its next-generation Health 2.0 smart dog collar, which offers features such as early symptom detection, location tracking, disease management, and continuous health monitoring. PetPace's AI-powered life-saving technology enables pet owners of sick, at-risk, or old pets with medical insights that often go overlooked. The company's Health 2.0 measures all major vital signs and health-related biometrics, including heart rate variability (HRV), activity, posture, sleep quality, pulse, behavior, respiratory rate, and internal temperature, in addition to features such as wellness index, health profile, pain indicator, and workout intensity assessment.
In May 2023, Datamars announced the acquisition of Kippy S.r.l. of a successful acquisition. The transaction is coordinated by growth capital. With this partnership, Datamars is strengthening its market-leading identification and matching solution, which has identified more than 50 million pets and connected thousands of lost animals with their owners. Equipped with GPS, the Kippy collar monitors the activity and location of animals and communicates with pets via a smartphone application. In addition to being able to locate their pet in real-time, owners can easily understand if their pet is getting enough physical activity. The solution offered by Kippy combines GPS/activity tracking with engagement and communication features such as personal messaging and in-app social networking.
Report Attribute |
Details |
Market size value in 2023 |
USD 2.70 billion |
Revenue forecast in 2030 |
USD 6.89 billion |
Growth rate |
CAGR of 14.3% from 2023 to 2030 |
Actual Data |
2018 - 2023 |
Forecast period |
2024 - 2030 |
Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2030 |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, trends |
Segments covered |
Technology; Product; Animal Type; Component; Application; Region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S., Canada, Germany, U.K., France, Spain, China, Japan, India, South Korea, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa |
Key companies profiled |
Avid Identification Systems, Inc., Barking Labs, Datamars, Felcana, FitBark Service, Garmin Ltd., GoPro Inc., LATSEN, Link My Pet, Loc8tor Ltd., Mars, Incorporated, PETFON, PetPace, PetTech.co.uk.Ltd., and Tractive |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global pet wearable market report based on technology, product, component, animal type, application, and region:
Technology Outlook (Revenue, USD Billion, 2018 - 2030)
RFID
GPS
Sensors
Product Outlook (Revenue, USD Billion, 2018 - 2030)
Smart Collar
Smart Camera
Smart Harness and Vest
Others
Animal Type Outlook (Revenue, USD Billion, 2018 - 2030)
Dogs
Cats
Other Animals
Component Outlook (Revenue, USD Billion, 2018 - 2030)
GPS Chips
RFID Chips
Connectivity Integrated Circuit
Bluetooth Chips
Wi-Fi Chips
Cellular Chips
Sensors
Processors
Memory
Displays
Batteries
Others
Application Outlook (Revenue, USD Billion, 2018 - 2030)
Identification & Tracking
Behavior Monitoring & Control
Facilitation, Safety & Security
Fitness Monitoring
Medical Diagnosis & Treatment
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
b. The global pet wearable market size was estimated at USD 2365.1 million in 2022 and is expected to reach USD 2,702.0 million in 2023.
b. The global pet wearable market is expected to grow at a compound annual growth rate of 14.3% from 2023 to 2030 to reach USD 6,888.1 million by 2030.
b. North America dominated the pet wearable market with a share of 38.33% in 2022. Factors such as high penetration of activity and fitness monitoring devices for pets and rising awareness of pet health drives the regional market growth.
b. Some key players operating in the pet wearable market include Allflex USA Inc.; Avid Identification Systems, Inc.; Datamars; Fitbark; Garmin Ltd.; Intervet Inc.; Invisible Fence; Konectera Inc.; Nuzzle; PetPace LLC; Tractive; Trovan Ltd.; Whistle Labs, Inc.; and Voyce.
b. Key factors that are driving the pet wearable market growth include increasing pet expenditure owing to rising disposable income in emerging countries, and increasing awareness concerning animal health across the world.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Pet Wearable Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.3.3. Market Opportunity Analysis
3.4. Pet Wearable Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Pet Wearable Market: Technology Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Pet Wearable Market: Technology Movement Analysis, USD Billion, 2023 & 2030
4.3. RFID
4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. GPS
4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.5. Sensors
4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Pet Wearable Market: Product Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Pet Wearable Market: Product Movement Analysis, USD Billion, 2023 & 2030
5.3. Smart Collar
5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Smart Camera
5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Smart Harness and Vest
5.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.6. Others
5.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Pet Wearable Market: Animal Type Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Pet Wearable Market: Animal Type Movement Analysis, USD Billion, 2023 & 2030
6.3. Dogs
6.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Cats
6.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Other Animals
6.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Pet Wearable Market: Component Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Pet Wearable Market: Component Movement Analysis, USD Billion, 2023 & 2030
7.3. GPS Chips
7.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4. RFID Chips
7.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5. Connectivity Integrated Circuit
7.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.2. Bluetooth Chips
7.5.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.3. Wi-Fi Chips
7.5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.4. Cellular Chips
7.5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6. Sensors
7.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.7. Processors
7.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.8. Memory
7.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.9. Displays
7.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.10. Batteries
7.10.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.11. Others
7.11.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Pet Wearable Market: Application Estimates & Trend Analysis
8.1. Segment Dashboard
8.2. Pet Wearable Market: Application Movement Analysis, USD Billion, 2023 & 2030
8.3. Identification & Tracking
8.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.4. Behaviour Monitoring & Control
8.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.5. Facilitation, Safety & Security
8.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.6. Fitness Monitoring
8.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
8.7. Medical Diagnosis & Treatment
8.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Pet Wearable Market: Regional Estimates & Trend Analysis
9.1. Pet Wearable Market Share by Region, 2023 & 2030 (USD Billion)
9.2. North America
9.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.2.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.2.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.2.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.2.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.2.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.2.7. U.S.
9.2.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.2.7.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.2.7.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.2.7.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.2.7.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.2.7.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.2.8. Canada
9.2.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.2.8.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.2.8.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.2.8.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.2.8.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.2.8.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.3. Europe
9.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.3.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.3.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.3.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.3.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.3.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.3.7. U.K.
9.3.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.3.7.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.3.7.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.3.7.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.3.7.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.3.7.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.3.8. Germany
9.3.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.3.8.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.3.8.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.3.8.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.3.8.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.3.8.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.3.9. France
9.3.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.3.9.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.3.9.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.3.9.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.3.9.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.3.9.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.3.10. Spain
9.3.10.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.3.10.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.3.10.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.3.10.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.3.10.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.3.10.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4. Asia Pacific
9.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4.7. China
9.4.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.7.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.7.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.7.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.7.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.7.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4.8. India
9.4.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.8.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.8.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.8.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.8.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.8.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4.9. Japan
9.4.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.9.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.9.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.9.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.9.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.9.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4.10. Australia
9.4.10.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.10.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.10.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.10.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.10.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.10.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.4.11. South Korea
9.4.11.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.4.11.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.4.11.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.4.11.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.4.11.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.4.11.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.5. Latin America
9.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.5.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.5.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.5.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.5.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.5.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.5.7. Brazil
9.5.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.5.7.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.5.7.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.5.7.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.5.7.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.5.7.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.5.8. Mexico
9.5.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.5.8.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.5.8.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.5.8.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.5.8.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.5.8.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.6. Middle East & Africa
9.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.6.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.6.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.6.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.6.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.6.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.6.7. UAE
9.6.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.6.7.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.6.7.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.6.7.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.6.7.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.6.7.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.6.8. Saudi Arabia
9.6.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.6.8.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.6.8.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.6.8.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.6.8.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.6.8.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
9.6.9. South Africa
9.6.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
9.6.9.2. Market Size Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion)
9.6.9.3. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
9.6.9.4. Market Size Estimates and Forecasts by Animal Type, 2018 - 2030 (USD Billion)
9.6.9.5. Market Size Estimates and Forecasts by Component, 2018 - 2030 (USD Billion)
9.6.9.6. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
Chapter 10. Competitive Landscape
10.1. Recent Developments & Impact Analysis by Key Market Participants
10.2. Company Categorization
10.3. Company Market Share Analysis
10.4. Company Heat Map Analysis
10.5. Strategy Mapping
10.5.1. Expansion
10.5.2. Mergers & Acquisition
10.5.3. Partnerships & Collaborations
10.5.4. New Product Launches
10.5.5. Research And Development
10.6. Company Profiles
10.6.1. Avid Identification Systems, Inc.
10.6.1.1. Participant’s Overview
10.6.1.2. Financial Performance
10.6.1.3. Product Benchmarking
10.6.1.4. Recent Developments
10.6.2. Barking Labs
10.6.2.1. Participant’s Overview
10.6.2.2. Financial Performance
10.6.2.3. Product Benchmarking
10.6.2.4. Recent Developments
10.6.3. Datamars
10.6.3.1. Participant’s Overview
10.6.3.2. Financial Performance
10.6.3.3. Product Benchmarking
10.6.3.4. Recent Developments
10.6.4. Felcana
10.6.4.1. Participant’s Overview
10.6.4.2. Financial Performance
10.6.4.3. Product Benchmarking
10.6.4.4. Recent Developments
10.6.5. FitBark Service
10.6.5.1. Participant’s Overview
10.6.5.2. Financial Performance
10.6.5.3. Product Benchmarking
10.6.5.4. Recent Developments
10.6.6. Garmin Ltd.
10.6.6.1. Participant’s Overview
10.6.6.2. Financial Performance
10.6.6.3. Product Benchmarking
10.6.6.4. Recent Developments
10.6.7. GoPro Inc.
10.6.7.1. Participant’s Overview
10.6.7.2. Financial Performance
10.6.7.3. Product Benchmarking
10.6.7.4. Recent Developments
10.6.8. LATSEN
10.6.8.1. Participant’s Overview
10.6.8.2. Financial Performance
10.6.8.3. Product Benchmarking
10.6.8.4. Recent Developments
10.6.9. Link My Pet
10.6.9.1. Participant’s Overview
10.6.9.2. Financial Performance
10.6.9.3. Product Benchmarking
10.6.9.4. Recent Developments
10.6.10. Loc8tor Ltd.
10.6.10.1. Participant’s Overview
10.6.10.2. Financial Performance
10.6.10.3. Product Benchmarking
10.6.10.4. Recent Developments
10.6.11. Tesco Mobile Ltd
10.6.11.1. Participant’s Overview
10.6.11.2. Financial Performance
10.6.11.3. Product Benchmarking
10.6.11.4. Recent Developments
10.6.12. Mars, Incorporated
10.6.12.1. Participant’s Overview
10.6.12.2. Financial Performance
10.6.12.3. Product Benchmarking
10.6.12.4. Recent Developments
10.6.13. PETFON
10.6.13.1. Participant’s Overview
10.6.13.2. Financial Performance
10.6.13.3. Product Benchmarking
10.6.13.4. Recent Developments
10.6.14. PetPace
10.6.14.1. Participant’s Overview
10.6.14.2. Financial Performance
10.6.14.3. Product Benchmarking
10.6.14.4. Recent Developments
10.6.15. PetTech.co.uk.Ltd.
10.6.15.1. Participant’s Overview
10.6.15.2. Financial Performance
10.6.15.3. Product Benchmarking
10.6.15.4. Recent Developments
10.6.16. Tractive
10.6.16.1. Participant’s Overview
10.6.16.2. Financial Performance
10.6.16.3. Product Benchmarking
10.6.16.4. Recent Developments
List of Tables
Table 1 Pet wearable market 2018 - 2030 (USD Billion)
Table 2 Pet wearable market estimates and forecasts by region 2018 - 2030 (USD Billion)
Table 3 Pet wearable market estimates and forecasts by technology 2018 - 2030 (USD Billion)
Table 4 Pet wearable market estimates and forecasts by product 2018 - 2030 (USD Billion)
Table 5 Pet wearable market estimates and forecasts by animal type 2018 - 2030 (USD Billion)
Table 6 Pet wearable market estimates and forecasts by component 2018 - 2030 (USD Billion)
Table 7 Pet wearable market estimates and forecasts by application 2018 - 2030 (USD Billion)
Table 8 RFID market by region, 2018 - 2030 (USD Billion)
Table 9 GPS market by region, 2018 - 2030 (USD Billion)
Table 10 Sensors market by region, 2018 - 2030 (USD Billion)
Table 11 Smart collar market by region, 2018 - 2030 (USD Billion)
Table 12 Smart camera market by region, 2018 - 2030 (USD Billion)
Table 13 Smart harness and vest market by region, 2018 - 2030 (USD Billion)
Table 14 Others market by region, 2018 - 2030 (USD Billion)
Table 15 Dogs market by region, 2018 - 2030 (USD Billion)
Table 16 Cats market by region, 2018 - 2030 (USD Billion)
Table 17 Other animals market by region, 2018 - 2030 (USD Billion)
Table 18 GPS chips market by region, 2018 - 2030 (USD Billion)
Table 19 RFID chips market by region, 2018 - 2030 (USD Billion)
Table 20 Connectivity integrated circuit market by region, 2018 - 2030 (USD Billion)
Table 21 Bluetooth chips market by region, 2018 - 2030 (USD Billion)
Table 22 Wi-Fi chips market by region, 2018 - 2030 (USD Billion)
Table 23 Cellular chips market by region, 2018 - 2030 (USD Billion)
Table 24 Sensors market by region, 2018 - 2030 (USD Billion)
Table 25 Processors market by region, 2018 - 2030 (USD Billion)
Table 26 Memory market by region, 2018 - 2030 (USD Billion)
Table 27 Display chips market by region, 2018 - 2030 (USD Billion)
Table 28 Batteries chips market by region, 2018 - 2030 (USD Billion)
Table 29 Others chips market by region, 2018 - 2030 (USD Billion)
Table 30 Identification & tracking market by region, 2018 - 2030 (USD Billion)
Table 31 Behaviour monitoring & control market by region, 2018 - 2030 (USD Billion)
Table 32 Facilitation, safety & security market by region, 2018 - 2030 (USD Billion)
Table 33 Fitness monitoring market by region, 2018 - 2030 (USD Billion)
Table 34 Medical diagnosis & treatment market by region, 2018 - 2030 (USD Billion)
Table 35 North America pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 36 North America pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 37 North America pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 38 North America pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 39 North America pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 40 U.S. pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 41 U.S. pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 42 U.S. pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 43 U.S. pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 44 U.S. pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 45 Canada pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 46 Canada pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 47 Canada pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 48 Canada pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 49 Canada pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 50 Europe pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 51 Europe pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 52 Europe pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 53 Europe pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 54 Europe pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 55 U.K. pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 56 U.K. pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 57 U.K. pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 58 U.K. pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 59 U.K. pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 60 Germany pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 61 Germany pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 62 Germany pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 63 Germany pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 64 Germany pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 65 France pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 66 France pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 67 France pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 68 France pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 69 France pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 70 Spain pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 71 Spain pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 72 Spain pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 73 Spain pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 74 Spain pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 75 Asia Pacific pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 76 Asia Pacific pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 77 Asia Pacific pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 78 Asia Pacific pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 79 Asia Pacific pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 80 China pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 81 China pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 82 China pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 83 China pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 84 China pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 85 India pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 86 India pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 87 India pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 88 India pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 89 India pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 90 Japan pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 91 Japan pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 92 Japan pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 93 Japan pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 94 Japan pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 95 Australia pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 96 Australia pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 97 Australia pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 98 Australia pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 99 Australia pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 100 South Korea pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 101 South Korea pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 102 South Korea pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 103 South Korea pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 104 South Korea pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 105 Latin America pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 106 Latin America pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 107 Latin America pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 108 Latin America pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 109 Latin America pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 110 Brazil pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 111 Brazil pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 112 Brazil pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 113 Brazil pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 114 Brazil pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 115 Mexico pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 116 Mexico pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 117 Mexico pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 118 Mexico pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 119 Mexico pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 120 Middle East & Africa pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 121 Middle East & Africa pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 122 Middle East & Africa pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 123 Middle East & Africa pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 124 Middle East & Africa pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 125 UAE pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 126 UAE pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 127 UAE pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 128 UAE pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 129 UAE pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 130 South Africa pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 131 South Africa pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 132 South Africa pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 133 South Africa pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 134 South Africa pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 135 Saudi Arabia pet wearable market, by technology, 2018 - 2030 (Revenue, USD Billion)
Table 136 Saudi Arabia pet wearable market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 137 Saudi Arabia pet wearable market, by animal type, 2018 - 2030 (Revenue, USD Billion)
Table 138 Saudi Arabia pet wearable market, by component, 2018 - 2030 (Revenue, USD Billion)
Table 139 Saudi Arabia pet wearable market, by application, 2018 - 2030 (Revenue, USD Billion)
List of Figures
Fig. 1 Pet Wearable Market Segmentation
Fig. 2 Market landscape
Fig. 3 Information Procurement
Fig. 4 Data Analysis Models
Fig. 5 Market Formulation and Validation
Fig. 6 Data Validating & Publishing
Fig. 7 Market Snapshot
Fig. 8 Segment Snapshot (1/2)
Fig. 9 Segment Snapshot (2/2)
Fig. 10 Competitive Landscape Snapshot
Fig. 11 Pet Wearable Market: Industry Value Chain Analysis
Fig. 12 Pet Wearable Market: Market Dynamics
Fig. 13 Pet Wearable Market: PORTER’s Analysis
Fig. 14 Pet Wearable Market: PESTEL Analysis
Fig. 15 Pet Wearable Market Share by Technology, 2023 & 2030 (USD Billion)
Fig. 16 Pet Wearable Market, by Technology: Market Share, 2023 & 2030
Fig. 17 RFID Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 18 GPS Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 19 Sensors Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 20 Pet Wearable Market Share by Product, 2023 & 2030 (USD Billion)
Fig. 21 Pet Wearable Market, by Product: Market Share, 2023 & 2030
Fig. 22 Smart Collar Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 23 Smart Camera Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 24 Smart Harness and Vest Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 25 Others Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 26 Pet Wearable Market Share by Animal Type, 2023 & 2030 (USD Billion)
Fig. 27 Pet Wearable Market, by Animal Type: Market Share, 2023 & 2030
Fig. 28 Dogs Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 29 Cats Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 30 Other Animals Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 31 Pet Wearable Market Share by Component, 2023 & 2030 (USD Billion)
Fig. 32 Pet Wearable Market, by Component: Market Share, 2023 & 2030
Fig. 33 GPS Chips Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 34 RFID Chips Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 35 Connecivity Integrated Circuit Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 36 Bluetooth Chips Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 37 Wi-Fi ChipsMarket Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 38 Cellular ChipsMarket Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 39 Sensors Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 40 Processors Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 41 Memory Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 42 Display Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 43 Batteries Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 44 Others Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 45 Pet Wearable Market Share by Application, 2023 & 2030 (USD Billion)
Fig. 46 Pet Wearable Market, by Application: Market Share, 2023 & 2030
Fig. 47 Identification & Tracking Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 48 Behaviour Monitoring & Control Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 49 Facilitation, Safety & Security Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 50 Fitness Monitoring Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 51 Medical Diganosis & TreatmentMarket Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 52 Regional Marketplace: Key Takeaways
Fig. 53 North America Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 54 U.S. Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 55 Canada Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 56 Europe Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 57 U.K. Pet Wearable Market Estimates and Forecasts, 2018 - 2030,) (USD Billion)
Fig. 58 Germany Pet Wearable Market Estimates and Forecasts (2018 - 2030,) (USD Billion)
Fig. 59 France Pet Wearable Market Estimates and Forecasts (2018 - 2030,) (USD Billion)
Fig. 60 Spain Pet Wearable Market Estimates and Forecasts (2018 - 2030,) (USD Billion)
Fig. 61 Asia Pacific Pet Wearable Market Estimates and Forecast, 2018 - 2030 (USD Billion)
Fig. 62 China Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 63 Japan Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 64 India Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 65 South Korea Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 66 Australia Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 67 Latin America Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 68 Brazil Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 69 Mexico Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 70 MEA Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 71 Saudi Arabia Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 72 UAE Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 73 South Africa Pet Wearable Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 74 Key Company Categorization
Fig. 75 Company Market Positioning
Fig. 76 Key Company Market Share Analysis, 2023
Fig. 77 Strategic Framework
Market Segmentation
GPS microchips for dogs, typically attached to their collars, are crucial in locating lost or stolen pets. These devices, which have their power source, continuously transmit signals to global satellites to determine precise coordinates. Modern trackers offer additional features like alerts for extreme temperatures and health monitoring. The American Society for the Prevention of Cruelty to Animals (ASPCA) reports that over the past five years, more than 15% of lost dogs were found thanks to these chips. The demand for GPS devices has surged recently due to the need to connect remote subjects to the world, with the market expected to grow significantly over the next seven years. This growth is fueled by advancements in real-time positioning, smartphone penetration, and global mapping portals. The global demand for GPS and RFID has also increased due to the need for tracking objects and living beings, leading to significant technological breakthroughs worldwide.
Cattle identification, which offers both managerial and visual advantages, is becoming increasingly important in the livestock industry. Individual cattle can be tracked, and their performance analyzed using ear tags. The demand for RFID cattle tags and electronic IDs has grown due to the need for improved production and management practices. EID tags, small buttons placed on the ear, each carry a unique 15-digit number that can be scanned with an EID reader. This system reduces errors and saves time compared to manually recording numbers. RFID tags, which can be safely implanted in livestock and last for the animal’s lifetime, allow for the tracking of individual animals throughout their lifecycle. Each unique tag enables a livestock database to keep track of the animal’s breed, parentage, and origin. Information about each animal’s yield, feeding, and breeding data can be stored using RFID tagging. The RFID tag industry experienced significant growth in 2010 due to regulations in Europe and Canada requiring certain livestock to be tagged. Companies like DairyMaster, Silent Herdsman Ltd, GEA Group, and Nedap are driving demand in the region by offering advanced wearable technologies and heat detection systems for cattle. The use of advanced manufacturing processes and digital technologies has increased the demand for pet wearable devices in the dairy industry.
The global disparity in wireless infrastructure access impedes the adoption of pet wearable technology, particularly in regions with low disposable income and high technology costs. The lack of infrastructure and high network installation and maintenance costs in developing countries contribute to this issue. However, rapid advancements in technology and the Internet of Things (IoT) are expected to reduce this gap. The recent acquisitions and consolidations in the sector suggest that companies are recognizing the potential of smart wearables, which require unique sensors. For instance, Whistle launched a GPS-based activity tracker using SIGFOX, an ultra-narrow band network service provider targeting the IoT and M2M device market. This technology allows small amounts of data to be transferred at a low cost, doubling the battery life compared to other devices. The data is sent to a corresponding phone application in an easily understandable format, helping to identify any behavioral or health abnormalities. With a monthly fee of USD 5, it is the most affordable pet GPS tracking device on the market. Most customers pay between USD 6 to USD 8 per device per year. Despite being deployed across the U.S. in May 2014, there is still significant potential for global adoption of this technology.
This section will provide insights into the contents included in this pet wearable market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance
A three-pronged approach was followed for deducing the pet wearable market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:
Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for pet wearable market to gather the most reliable and current information possible.
Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of pet wearable market data depending on the type of information we’re trying to uncover in our research.
Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.
Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.
Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.
Qualitative Functional Deployment (QFD) Modelling for market share assessment.
Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.
Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.
Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.
This step also entails the finalization of the report scope and data representation pattern.
Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.
The pet wearable market was categorized into three segments, namely technology (RFID, GPS, Sensors), application (Identification & Tracking, Behavior Monitoring & Control, Facilitation, Safety & Security, Medical Diagnosis & Treatment), regions (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
The pet wearable market was segmented into technology, applications, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:
Demand estimation of each product across countries/regions summed up to from the total market.
Variable analysis for demand forecast.
Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.
Primary interviews for data revalidation and insight collection.
Used extensively for new product forecasting or analyzing penetration levels.
Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.
Primary interviews and vendor-based primary research for variable impact analysis.
The pet wearable market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into eleven countries, namely, the U.S.; Canada; Germany; the UK; France; Spain; China; India; Japan; Brazil; Mexico.
All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.
The pet wearable market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:
Dairymaster - Dairymaster is a producer of dairy equipment designed for monitoring animal activity. Their product line encompasses milk cooling tanks, milking equipment, automatic feeders, heat detection systems, and automatic scrapers. The company leverages technologies like MEMS accelerometers to provide high-tech solutions for dairy farming. Dairymaster uses advanced electronic systems, including housed and pasture-based systems, to create its products. They also produce a mobile application that enables users to monitor data remotely 24/7. As a member of a leading scientific group related to milking, Dairymaster has been at the forefront of the industry since its establishment in 1968 in Ireland. The company employs over 300 people worldwide, with more than 600 staff involved in the sale and distribution of its products. With over 75% of its production being exported, Dairymaster has a global customer base spanning over 40 countries, including the UK, U.S., New Zealand, Japan, Russia, and Germany.
DeLaval - DeLaval is a company that specializes in providing comprehensive milking solutions designed to enhance the welfare of animals and boost the productivity of dairy farmers. They design, produce, and market a wide range of equipment for milk production and animal husbandry worldwide. Their offerings include systems for feeding and cooling, housing and waste management, and farm management support. In addition to these, DeLaval provides solutions for barn and working environments, round-the-clock emergency services, udder health solutions, and preventive maintenance services. They cater to farmers both in Sweden and internationally through their dealer network. In April 2000, the company underwent a name change from Alfa Laval Agri to DeLaval International AB. As of December 2014, DeLaval had seven research and development units and a global workforce of 4,525 employees. DeLaval operates under the umbrella of Tetra Laval International S.A., which also includes the Sidel and Tetra Pak groups. All these groups are committed to developing technologies for the efficient packaging, production, and distribution of food.
FitBark - FitBark is a company that specializes in providing a wireless activity monitor for dogs, aiding in the understanding of a dog’s behavior and health. Their product, FitBark, is a mobile platform designed to enhance a dog’s health. This platform encompasses a web user portal, a dog activity monitor, a mobile app, a health and lifestyle canine API, and a Wi-Fi base station. The FitBark API allows developers to incorporate data sets into third-party web and mobile applications. It gathers data on rest levels and physical activity around the clock, providing valuable insights into a dog’s activity patterns and behavioral trends. FitBark is also working on building a knowledge base to further their understanding of canine wellness and health. This is being done in collaboration with top researchers and universities from Europe and America. The company was founded in 2013 and has its headquarters in New York.
GEA Group Aktiengesellschaft - GEA Group Aktiengesellschaft, established in 1881 and based in Germany, is a leading provider of technology for the food processing industry and numerous other processing industries. The company’s focus is on components and process technology for advanced production processes. Operating in over 50 countries, GEA supplies proprietary engineered systems and products in the fields of energy and thermal technology, air treatment, and dairy farm systems. The group caters to a wide range of industries including cosmetics, pharmaceuticals, petrochemicals, food and beverages, utilities, and chemicals. The company’s key subsidiaries include Tuchenhagen GmbH, Westfalia Seperator AG, Niro Holding A/S, and Grasso’s Koninklijke Machinefabriken. GEA operates across four main segments: farm technologies, mechanical equipment, refrigeration technologies, and process engineering. The farm technologies segment brings together expertise in milk-cooling and milking technologies, manure management systems, and automatic feeding systems. The process engineering segment is dedicated to the development and design of process solutions for the food, pharma, chemical, dairy, and brewing industries. As of June 2015, GEA employed 18,000 people worldwide. In 2005, the company underwent a name change from MG Technologies AG to GEA Group Aktiengesellschaft. The company’s operating EBITDA margin rose from 11.4% in 2013 to 13.1% in 2014.
i4C Innovations - i4C Innovations, a subsidiary fully owned by Intersections, Inc., is based in North Virginia. The company offers a health and wellness management system known as Voyce Pro. This system includes a health monitoring device that employs non-invasive sensors to gather data. The Voyce Health Monitor was created in partnership with veterinary professionals, the Cornell University College of Veterinary Medicine, and biomedical engineers. The company’s Voyce veterinary dashboard provides a comprehensive view of all patients from various hospitals who are enrolled in the Voyce Pro Program, delivering daily summaries and alerts.
IceRobotics - IceRobotics is a company that offers systems for data collection and analysis, specifically for observing the behavior of dairy cows. The company excels in delivering decision-making support and remote surveillance systems that utilize accelerometers and vision sensors. Their product line includes CowAlert, IceManager, IceReader, IceTag, and IceQube sensors. These sensors are versatile and can be used in various scales of studies, from small to large longitudinal studies involving a large number of animals. IceRobotics supplies its CowAlert system to dairy farmers via its distribution partners located in Belgium, the Netherlands, and the UK. Furthermore, the company provides livestock researchers around the globe with solutions for monitoring animal behavior. Their behavior monitoring system includes a wireless data downloading system, a sensor worn by the cow for recording, and software for data management. IceRobotics, established in 2002, is based in the UK.
Konectera - Konectera is a company that provides a variety of services such as Wi-Fi communication, IOS and Android development, Bluetooth compatibility, HTML integration, and cloud services. Their products are designed for use in medical, pet, and industrial applications. The company also creates non-invasive medical devices aimed at enhancing the fitness and quality of life for pets. These devices can be utilized in various veterinary procedures, including continuous monitoring and care for intubated animals. Konectera’s devices provide unique and secure solutions for data processing, collection, storage, and distribution in the pet industry. The expertise of the company’s employees in medical sensor technology and data analytics contributes to the development of lifestyle management solutions applicable to a range of industries. Established in 2013, Konectera is based in Canada.
Loc8tor - Loc8tor is a company that specializes in creating tracking devices for various applications, including children, pets, patients, and everyday use. Their technology is employed in commercial settings to help reduce theft in postal services, security agencies, and supermarkets. The company is known for its expertise in launching, developing, and identifying innovative products and new technologies. Established in 2004 and based in the UK, Loc8tor distributes its products in over 30 countries. The company is committed to continuous development and refinement of its range of locating devices.
Motorola - Motorola, a company with a global presence, provides a variety of products and services including devices, communication infrastructure, software, and accessories. It caters to customers across more than 100 countries. Established in the U.S. in 1928, Motorola offers an extensive range of services for commercial communications, public safety, and government networks. These services encompass iDEN, managed services, life cycle support, integration, and smart public safety solutions. The company is involved in the development of wireless, barcode scanning, infrastructure, data capture, and wireless broadband networks. In 2011, it rebranded from Motorola Inc. to Motorola Solutions. As of December 2014, the company employed over 15,000 individuals. In the same year, it divided into two separate entities: Motorola Solutions and Motorola Mobility.
Nedap - Nedap, a Netherlands-based technology company, was founded in 1929. It specializes in providing and developing solutions in the fields of electronic control units and security via Near Field Communication (NFC). The company also creates and supplies information systems, as well as management and automation systems for various organizations. Nedap offers UV lighting solutions for curing and disinfection purposes. Its business divisions encompass healthcare, energy systems, identification systems, light controls, library solutions, mobility solutions, security management, retail, and livestock management for cattle and pigs. Nedap’s livestock management solutions incorporate its intelligent identification technology (RFID), which is utilized in numerous markets for secure identification. Nedap has a global presence with offices in the UK, Belgium, Dubai, the U.S., Germany, Spain, France, and China. As of 2014, the company had a workforce of over 761 employees.
Supply Side Estimates
Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.
Segment revenue determination via variable analysis and penetration modeling.
Competitive benchmarking to identify market leaders and their collective revenue shares.
Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.
Demand side estimates
Identifying parent markets and ancillary markets
Segment penetration analysis to obtain pertinent
revenue/volume
Heuristic forecasting with the help of subject matter experts
Forecasting via variable analysis
Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.
Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.
Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.
The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.
The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.
We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.
All market estimates and forecasts have been validated through primary interviews with the key industry participants.
Inflation has not been accounted for to estimate and forecast the market.
Numbers may not add up due to rounding off.
Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).
Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).
Latin America includes Central American countries and the South American continent
Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.
GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.
We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:
Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.
Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.
The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.
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