Market Research Logo

Global Pet Wearable Market 2016-2020

Global Pet Wearable Market 2016-2020

About Pet Wearable

Smart pet tracking is a connected solution that provides security to pets. Smart pet tracking powered by pet wearable devices allows pet parents keep a tab on their pet's activity and location from the smartphone application. Millions of households are using these devices for their pets as the cost of these devices and the cost of remote monitoring services are inexpensive. Also, technologies such as Bluetooth, ZigBee, and Wi-Fi are used to provide tracking and monitoring solutions in pet wearable market. Global positioning system (GPS) technology embedded in pet wearable devices can provide efficient and accurate information for tracking animals. A few pet tracker devices are embedded with a speaker that enables the pet parent to remotely provide voice instructions to the pet whenever required.

Technavio’s analysts forecast the global pet wearable market to grow at a CAGR of 16.38% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global pet wearable market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of pet wearable devices such as GPS pet trackers and other pet related smart accessories, application and platform licensing fee, and communication service providers for offering continuous tracking and monitoring services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Pet Wearable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • FitBark
  • i4C Innovations
  • Whistle Labs
  • PetPace
Other prominent vendors
  • Binatone Global
  • Cybortra
  • Garmin
  • KYON
  • Loc8tor
  • PawsCam
  • PawTrax
  • Pet Vu
  • Petcube
  • Petrek Australia
  • Pettorway
  • Pitpatpet
  • Pod Trackers
  • Trackimo
  • Tractive
  • Wondermento
  • WTS - Wonder Technology Solutions
Market driver
  • Increased consumer expenditure on pet care activity
  • For a full, detailed list, view our report
Market challenge
  • High power consumption of devices
  • For a full, detailed list, view our report
Market trend
  • Increased crowdfunding sources
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Pet Wearable Market 2016-2020

Technavio recognizes the following companies as the key players in the global pet wearable market: FitBark, i4C Innovations, Whistle Labs, and PetPace.

Other Prominent Vendors in the market are: Binatone Global, Cybortra, Garmin, KYON, Loc8tor, PawsCam, PawTrax, Pet Vu, Petcube, Petrek Australia, Pettorway, Pitpatpet, Pod Trackers, Trackimo, Tractive, Wondermento, and WTS - Wonder Technology Solutions.

Commenting on the report, an analyst from Technavio’s team said: “The majority of the market revenue is contributed by SMEs in the pet wearable market. All these SMEs have been investing in R&D innovations to expand their product portfolio and offer competitive services. Investors are releasing million-dollar funds to enhance the business operations of these companies.”

According to the report, increasing disposable incomes and the admiration for pets have been boosting the pet wearable technology industry. Pet care has become one of the vital activities in many households in countries such as the US, Canada, the UK, and Australia.

Further, the report states that most of the pet wearable devices function on GPS technology. These wearable devices are self-contained and battery operated devices. Due to the high-power consumption of GPS technology used in these devices, the durability of the battery is very low. This high-power consumption heavily affects the duration of use. Some pet wearable products last only for 7-10 days and others for weeks to years. For instance, PawsCam must be charged in every 5-10 days, and PitPat has a battery life of over a year. Most of the vendors operating in this market offer pet wearable devices with short-duration battery life, which acts as a major challenge to the increase in the sales of devices.

Companies Mentioned

FitBark, i4C Innovations, Whistle Labs, PetPace, Binatone Global, Cybortra, Garmin, KYON, Loc8tor, PawsCam, PawTrax, Pet Vu, Petcube, Petrek Australia, Pettorway, Pitpatpet, Pod Trackers, Trackimo, Tractive, Wondermento, WTS - Wonder Technology Solutions.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Business benefits of M2M services
      • Table Applications of M2M
      • Table M2M value chain
      • Table Value chain of smart wearables
      • Table Linking devices to cloud
      • Table Comparison of pet wearable device parameters
    • Market size and forecast
      • Table Global pet wearable market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Market size and forecast
      • Table Global pet wearable market segmentation by technology 2015-2020 ($ millions)
      • Table Global pet wearable market by technology in 2015
      • Table Global pet wearable market by technology in 2020
      • Table Global pet wearable market by RFID technology 2015-2020 ($ millions)
      • Table Global pet wearable market by GPS technology 2015-2020 ($ millions)
      • Table Global pet wearable market by other technologies 2015-2020 ($ millions)
  • Market segmentation by application
    • Market size and forecast
      • Table Global pet wearable market segmentation by application 2015-2020 ($ millions)
      • Table Global pet wearable market segmentation by application in 2015
      • Table Global pet wearable market segmentation by application in 2020
      • Table Global pet wearable market by tracking application 2015-2020 ($ millions)
      • Table Global pet wearable market by remote monitoring application 2015-2020 ($ millions)
      • Table Global pet wearable market by other applications 2015-2020 ($ millions)
  • Geographical segmentation
    • Market size and forecast
      • Table Global pet wearable market by geography 2015-2020 ($ millions)
      • Table Global pet wearable market by geography in 2015
      • Table Global pet wearable market by geography in 2020
      • Table Pet wearable market in the Americas 2015-2020 ($ millions)
      • Table Pet wearable market in EMEA 2015-2020 ($ millions)
      • Table Pet wearable market in APAC 2015-2020 ($ millions)
  • Market drivers
    • Table Smartphone internet user penetration 2014-2020
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report