Market revenue in 2023 | USD 1,021.4 million |
Market revenue in 2030 | USD 2,358.7 million |
Growth rate | 12.7% (CAGR from 2023 to 2030) |
Largest segment | Gps |
Fastest growing segment | GPS |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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.
Gps was the largest segment with a revenue share of 45.21% in 2023. Horizon Databook has segmented the North America pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The North America region accounted for a market share of 37.80% in 2023 and is expected to witness significant growth over the forecast period. The North America pet wearable market is poised for substantial growth over the forecast period in line with the rising levels of disposable incomes and the growing trend of adopting companion animals.
Moreover, as pet owners become more aware of pet health, the per capita spending on animal healthcare is rising, which also bodes well for the growth of the regional market. According to the American Pet Products Association's (APPA) National Pet Owners Survey (2021-2022), 70% of households in the U.S. own pets.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America pet wearable market , including forecasts for subscribers. This continent databook contains high-level insights into North America pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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