01 November 2019
Pet Wearable Market Report 2020-2030: Forecasts by Technology (RFID, GPS, Sensors), By Application (Identification & tracking, Behavior monitoring, Facilitation, Medical diagnosis & treatment), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and profiling of leading international and domestic companies.
The size of the wearable global pet market in 2019 was estimated at USD 1.5 billion. Growing awareness among owners of animal health has been a key driver of the market. Rising disposable income and increasing demand for injectable products in developed countries like China are also projected to raise the market significantly. It is also expected that IoT will have a profound effect on animal health diagnosis and treatment.
Wearable devices help people monitor their pets' daily activities. These also allow monitoring of heart and respiratory levels, along with recording of burned calories and rest patterns. Such tools collect information on pet animals ' food intake, which may be helpful for caregivers to monitor their nutrition and well-being. GPS trackers, RFID sensors, motion sensors, accelerometer sensors, Bluetooth, cameras, antennas and transmitters are types of technologies included in wearable devices. Wearable devices enable continuous body movement monitoring along with the body's biomechanical and physiological systems measurement.
IoT technology is also expected to play a vital role in the delivery to veterinarians and owners of key information on animal health indicators. Combining wearable devices, mobile apps, and data analytics technologies can be a common alternative for value-based treatment in the coming years. Many wearable device manufacturers also provide cloud-based data analytics tools along with their devices that can be used to support veterinarians diagnose and treat pets by providing valuable medical knowledge for decision making in real time.
High power consumption and low battery life are a major challenge to adopting animal wearable devices. Most wearable devices use innovative technologies that consume a lot of energy, such as GPS and wireless networks. Generally speaking, the battery power of these phones will last for a few days, and the battery will last for less than a day in case of heavy use. Another major challenge presumed to hamper market growth in the near future is the high cost of these devices.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Rising crime rate and terrorism activities across the globe, growing awareness related to home security systems, and increasing adoption of IoT-based security systems are the factors driving the growth of the electronic access control systems market. The market seeks growth opportunities from the adoption of access control as a service (ACaaS) and proliferation of smart city initiatives.
06 April 2021
Rising penetration of smartphones, tablets, and MP3 players and increasing spend on electronic goods are the factors driving the growth of the earphones & headphones market. The market seeks growth opportunities from technological advancements in earphones & headphones and the growing demand for wireless headsets among sport & fitness enthusiasts.
06 April 2021
Increasing availability and accessibility of e-books over the Internet and shift in preference among tech-savvy consumers are the factors driving the growth of the e-reader market. The market seeks growth opportunities from the Development in advanced display technologies and an increase in e-learning programs across educational institutes.
06 April 2021
Government initiatives supporting e-learning, shift in preference among tech-savvy consumer, and rising penetration of the Internet and smartphones are the factors driving the growth of the e-book market. The market seeks growth opportunities from the increase in e-learning programs across educational institutes and the increasing availability of e-books over the Internet.