India Pet Wearable Market Size & Outlook, 2023-2030
India pet wearable market, 2018-2030 (US$M)
Related Markets
India pet wearable market highlights
- The India pet wearable market generated a revenue of USD 72.7 million in 2023 and is expected to reach USD 243.6 million by 2030.
- The India market is expected to grow at a CAGR of 18.9% from 2024 to 2030.
- In terms of segment, sensors 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 72.7 million |
| Market revenue in 2030 | USD 243.6 million |
| Growth rate | 18.9% (CAGR from 2023 to 2030) |
| Largest segment | Sensors |
| 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, India accounted for 2.7% 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 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 |
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India 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.
Sensors was the largest segment with a revenue share of 36.04% in 2023. Horizon Databook has segmented the India pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The India accounted for a market share of 13.23% in 2023 and is expected to witness significant growth over the forecast period. In India, growing concerns over pet safety are boosting the adoption of GPS trackers, which can provide real-time location monitoring and provide pet owners with peace of mind.
Pet owners are highly interested in health monitoring capabilities, such as activity tracking and sleep monitoring, to gain deeper insights into the well-being of their pets, spot health issues early, and make informed decisions about getting their pets treated. Nevertheless, as the market matures, there is a greater emphasis on developing low-cost pet wearables with basic capabilities to attract a broader population of Indian pet owners.
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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 India pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into India pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pet wearable market size, by technology, 2018-2030 (US$M)
India Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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