Brazil Pet Wearable Market Size & Outlook, 2024-2030
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Brazil pet wearable market highlights
- The Brazil pet wearable market generated a revenue of USD 100.4 million in 2023 and is expected to reach USD 252.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.1% 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 100.4 million |
| Market revenue in 2030 | USD 252.6 million |
| Growth rate | 14.1% (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, Brazil accounted for 3.7% 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 Latin America, Brazil pet wearable market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 158.5 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Playtech PLC | View profile | 7700 | Upper Church Street, Ground Floor, St George’s Court, Douglas, Isle Of Man, IM1 1EE | https://www.playtech.com |
| Pet Valu Holdings Ltd | View profile | 2185 | 130 Royal Crest Court, Markham, ON, Canada, L3R 0A1 | https://www.petvalu.com |
| GoPro Inc Class A | View profile | 930 | 3025 Clearview Way, San Mateo, CA, United States, 94402 | https://www.gopro.com |
| Fidelity Advisor Semiconductors A | View profile | - | - | - |
| BARK Inc Ordinary Shares - Class A | View profile | 708 | 120 Broadway, 12th Floor, New York, NY, United States, 10271 | https://www.bark.co |
| Tractive | View profile | 101-250 | Pasching, Oberosterreich, Austria, Europe | http://www.tractive.com |
| Datamars | View profile | 501-1000 | Lugano, Ticino, Switzerland, Europe | http://www.datamars.com |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Mars Group Holdings Corp | View profile | 755 | 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-0022 | http://www.mars-ghd.co.jp |
| Garmin Ltd | View profile | 19900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | https://www.garmin.com |
Brazil 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 39.84% in 2023. Horizon Databook has segmented the Brazil pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The Brazil accounted for a market share of 46.99% in 2023 and is expected to witness significant growth over the forecast period. Brazil is one of the largest pet food markets in the world. The pet adoption rate in the country is also growing.
The country can be a particularly promising market for pet wearables due to strong pet ownership, an increasing emphasis on pet health, and significant investments in effective pet tracking and health monitoring devices.
In addition, smaller families, couples without children, and people living in apartments are opting for pet dogs and cats, making Brazil a highly profitable market for regional players.
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Target buyers of Brazil 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 Brazil pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil pet wearable market size, by technology, 2018-2030 (US$M)
Brazil Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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