Pet Wearable Market Size Worth $6.88 Billion By 2030

The global pet wearable market size is projected to reach USD 6.88 billion by 2030 with a CAGR of 14.3% during the forecast period. The growing awareness of pet well-being is a leading factor for the market to inflate. North America alone contributes 30% of the global revenue market share. The market growth is also well observed in economies like Asia Pacific, Latin America, the Middle East, and Africa. 

Advanced pet wearable products include Smart Collars, Smart Cameras, Smart Harnesses and Vests, and Other Pet Products, whereas the applications include Identification and Tracking, Medical Diagnosis and Treatment as well as Other Applications. The growing love and sensitivity towards animals, along with the tremendous increase in pet adoption during the pandemic, leading to an increase in the number of pet owners has also been beneficial for the market.

Pet owners are becoming more tech-friendly, and pet wearables are being adopted widely, marking their significant presence. With the owners investing more in such technology, the pet wearables market is expected to grow at a higher scale undoubtedly. The investments made by the pet care and insurance giants for the development of GPS, smartphone apps, and cost-effective sensors, along with other advanced technologies are expected to create avenues for growth.

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Pet Wearable Market Report Highlights

• GPS-enabled pet wearable devices segment is projected to register the fastest CAGR of 12% during the forecast period

• The players are also focusing on R&D activities to expand their product offerings and utilities with joint ventures, mergers and acquisitions

• Asia Pacific pet wearables market growth is expected to be led by countries like India, China, and Australia owing to the increase in penetration of pet wearable technology and awareness of pet health which is predicted to impact the market growth positively

• In June 2022, a 360-degree Dog camera was launched by Furbo, offering various features for pets, like colored night-vision, auto dog tracking, and a wide-angle lens, controlled through an app

Pet Wearable Market Segments

Pet Wearables Technology Outlook (Revenue, USD Million, 2018 - 2030)
    • RFID
    • GPS
    • Sensors

Pet Wearables Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Identification & Tracking
    • Behavior Monitoring & Control
    • Facilitation, Safety & Security
    • Medical Diagnosis & Treatment

Pet Wearables Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Spain
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East and Africa

List of Key Players in Pet Wearable Market
    • Avid Identification Systems, Inc.
    • Allflex USA Inc.
    • Datamars
    • FitBark
    • Garmin Ltd.
    • Invisible Fence
    • Link AKC
    • Loc8tor Ltd.
    • PetPace LLC
    • Whistle Labs, Inc.
    • Voyce