Canada Pet Wearable Market Size & Outlook, 2023-2030
Canada pet wearable market, 2018-2030 (US$M)
Related Markets
Canada pet wearable market highlights
- The Canada pet wearable market generated a revenue of USD 135.5 million in 2023 and is expected to reach USD 287.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, gps 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 135.5 million |
| Market revenue in 2030 | USD 287.9 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Gps |
| 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, Canada accounted for 5.0% 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 North America, U.S. pet wearable market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,070.9 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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.
Gps was the largest segment with a revenue share of 47.68% in 2023. Horizon Databook has segmented the Canada pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The Canada accounted for a market share of 13.27% in 2023 and is expected to witness significant growth over the forecast period. The Canada pet wearable market is poised for significant growth, driven by increasing pet ownership and the subsequent focus on pet safety, which is translating into rising demand for GPS trackers and smart collars with location monitoring features that can offer peace of mind to pet owners. The growing trend toward pet ownership across Canada is fueling the demand for pet wearables to track pets and monitor their activities.
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Target buyers of Canada 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 Canada pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into Canada pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pet wearable market size, by technology, 2018-2030 (US$M)
Canada Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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