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 |
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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.
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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