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 an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global Smart Pet Collar market. The report provides in-depth insights on the Smart Pet Collar market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Smart Pet Collar market report will help existing and potential new market players to craft long-term strategies as well as maintain 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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Smart Pet Collar Market: Segmentation
To analyze the Smart Pet Collar market effectively and efficiently, the information has been segregated into key segments and sub-segments.
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
Smart Pet Collar Market: Competition Analysis
The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Smart Pet Collar market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Smart Pet Collar market report.
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
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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.
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
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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