Global Pet Wearable Market Size & Outlook, 2023-2030
Global pet wearable market, 2018-2030 (US$M)
Related Markets
Global pet wearable market highlights
- The global pet wearable market generated a revenue of USD 2,702.0 million in 2023 and is expected to reach USD 6,888.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.3% by 2030.
- In terms of segment, rfid accounted for a revenue of USD 1,081.6 million in 2023.
- GPS is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,702.0 million |
| Market revenue in 2030 | USD 6,888.1 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Rfid |
| Fastest growing segment | GPS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID, GPS, Sensors |
Other key industry trends
- In terms of revenue, the North America accounted for 37.8% of the global pet wearable market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 287.9 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global pet wearable market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet wearable market will help companies and investors design strategic landscapes.
Rfid was the largest segment with a revenue share of 40.03% in 2023. Horizon Databook has segmented the Global pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The advancement of sensors in wearable technology is expected to drive the increased adoption of medical parameters for pets. Pet wearables are electronic devices that can be attached to a pet's body to assist with, among other things, identification, medical diagnosis, tracking, monitoring, controlling, treatment, facilitation, safety, and security. Heating, drug delivery, ultrasound, cooling, and heating are just a few of the innovations and devices used in animal medical care that are available.
As a tool for animal health management, wearable biosensors have quickly gained recognition in the global market. In the global market, a number of sensors are being developed for animal health management. Several technologies cannot accurately assess health status and diagnose disease in animal models, as they are designed for human use. This innovative technology is currently being considered a tool for improving livestock welfare and development.
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Target buyers of Global pet wearable market databook
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Our clientele includes a mix of pet wearable market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global pet wearable market , including forecasts for subscribers. This global databook contains high-level insights into Global pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pet wearable market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pet wearable market size, 2023 (US$M)
Global pet wearable market share, by technology, 2023 & 2030 (%, US$M)
Pet wearable market: Opportunity assessment by country
Global pet wearable market, by region, 2023 (US$M)
Related regional statistics
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