South Africa Pet Wearable Market Size & Outlook, 2023-2030
South Africa pet wearable market, 2018-2030 (US$M)
Related Markets
South Africa pet wearable market highlights
- The South Africa pet wearable market generated a revenue of USD 50.1 million in 2023 and is expected to reach USD 109.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 11.8% 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 50.1 million |
| Market revenue in 2030 | USD 109.5 million |
| Growth rate | 11.8% (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, South Africa accounted for 1.9% 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 Middle East & Africa, South Africa pet wearable market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 69.4 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 44.31% in 2023. Horizon Databook has segmented the South Africa pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The South Africa accounted for a market share of 30.12% in 2023 and is expected to witness significant growth over the forecast period. South Africa could witness the integration of pet wearables featuring GPS tracking capabilities for instant location monitoring and potential theft notifications.
As the market grows, the development of affordable solutions will play a key role in promoting broader acceptance, reaching a diverse spectrum of pet owners. In South Africa, the demand for sustainable pet wearables may be driven by environmentally conscious pet owners, aligning with the prevailing global trend towards eco-friendly products.
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Our clientele includes a mix of pet wearable market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa pet wearable market size, by technology, 2018-2030 (US$M)
South Africa Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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