Australia Pet Wearable Market Size & Outlook, 2023-2030
Australia pet wearable market, 2018-2030 (US$M)
Related Markets
Australia pet wearable market highlights
- The Australia pet wearable market generated a revenue of USD 39.1 million in 2023 and is expected to reach USD 138.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 19.8% from 2024 to 2030.
- In terms of segment, rfid was the largest revenue generating technology in 2023.
- GPS is the most lucrative technology segment registering the fastest growth during the forecast period.
Pet wearable market data book summary
| Market revenue in 2023 | USD 39.1 million |
| Market revenue in 2030 | USD 138.1 million |
| Growth rate | 19.8% (CAGR from 2023 to 2030) |
| Largest segment | Rfid |
| Fastest growing segment | GPS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID, GPS, Sensors |
| Key market players worldwide | BARK Inc Ordinary Shares - Class A, Datamars, Fidelity Advisor Semiconductors A, Garmin Ltd, GoPro Inc Class A, Larsen & Toubro Ltd DR, Pet Valu Holdings Ltd, Mars Group Holdings Corp, Playtech PLC, Tractive |
Other key industry trends
- In terms of revenue, Australia accounted for 1.4% of the global pet wearable market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet wearable market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 52.8 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 46.55% in 2023. Horizon Databook has segmented the Australia pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The Australia accounted for a market share of 7.12% in 2023 and is expected to witness significant growth over the forecast period. The pet wearable market in Australia is growing significantly. Pet wearables suit the country's active lifestyle. There is a growing trend in Australia to incorporate technology into pet care, with 68.7% of household members owning pets, including 48% with dogs and 33% with cats.
Pet wearables with capabilities, such as GPS tracking, activity monitoring, and connectivity with smart home systems, are getting increasingly popular, indicating a noticeable trend toward the adoption of advanced technology in pet care in Australia.
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Target buyers of Australia 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 country-level data and insights on the Australia pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into Australia pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia pet wearable market size, by technology, 2018-2030 (US$M)
Australia Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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