Pune, Maharashtra -- (SBWIRE) -- 10/12/2022 -- Global Pet Smart Wearable Device Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Pet Smart Wearable Device Market. Some of the key players profiled in the study are What are the key challenges in the Pet Smart Wearable Device Market? & Volatile Price of Raw Materials.
The study not just covers geographic analysis that includes regions but also players analysis with profile such as Whistle Labs (United States), PetPace (United States), Garmin (United States), FitBark (United States), Tractive (Austria), Link AKC (United States), Motorola (United States), Num'Axes /EYENIMAL (France), KYON (Greece) and Scollar (United States). Additionally, other players that are part of this comprehensive study are GoPro (United States), Felcana (United Kingdom) and Others.
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Summary
Market Snapshot:
Pet Smart Wearable Device is a device that wirelessly connects pet collar to a smartphone via Wi-Fi or Bluetooth and provides information about the pet such as their location, training activity, and more. Unlike the existing traditional collar, it is a multi-purpose tool. This collar enables pet owners to track their pet using GPS technology, communicate with others via an LED display on the collar's outside, and monitor, track, and receive information and alerts about your pet's wearable market.
Highlights from Pet Smart Wearable Device Market Study
Important years considered in the Pet Smart Wearable Device study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2027 [** unless otherwise stated]
Geographic Breakdown and Segment Analysis
The Global Pet Smart Wearable Device market presents a comprehensive analysis of the Pet Smart Wearable Device market by product type (Smart Collars, Smart Cameras and Smart Harnesses), by end-user/application (Identification & Tracking, Behavior Monitoring & Control, Facilitation, Safety & Security, Medical Diagnosis & Treatment and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up.
This section of our report presents a realistic picture of the Global Pet Smart Wearable Device industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Pet Smart Wearable Device market
Analyst at HTF MI have segmented the market study of Global Pet Smart Wearable Device market by Type, Application and Region.
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Pet Smart Wearable Device Market Dynamics:
Growth Drivers
Large-Scale Use of Pet Wearable Devices
Demand for Technologically Advanced Pet Wearables Is Increasing
Influencing Trends
Increasing demand from Asia-Pacific Region
Value Oriented Customers
Restraints
High Cost of Devices and Short Battery Life
Slow Rate of Data Transmission
Gaps & Opportunities
Rising Number of Smart Cities across Nations
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Pet Smart Wearable Device Manufacturers, Pet Smart Wearable Device Suppliers & Distributors, Government Bodies, End-Users and Others
Market Developments Activities:
On 3rd January 2022, Petriage, a pet health technology company that provides fully integrated telehealth services to veterinary practises and their clients, announced a unique partnership with the Link Smart Pet Wearable by Smart Tracking Technologies, LLC, and the technology leader in smart pet wearables, an emerging and fast-growing market
On 4th October 2021, Smart Tracking Technologies, LLC has announced the release of the all-new Link Smart Pet Wearable, which is now exclusively available at Chewy.com and LinkMyPet.com. According to the Association for Pet Obesity Prevention, more than half of dogs are overweight, which leads to serious diseases and a shorter life expectancy. Link's all-new wearable device provides pet parents with a better way to keep their furry friends safe, healthy, and connected. Link's main features are customizable activity monitoring and analysis, reminders and access to vet records, temperature alerts, tone and vibration training controls, a built-in flashlight, and the ability to create safe zones where pet is free to roam and receive immediate alerts if he wanders away.
Regulatory Insights:
The government has been working on implanting RFID chips into pet's skins to give them a permanent ID and contribute to the growth of RFID devices in response to the rising number of pet-loss complaints. RFID wearables with Wi-Fi capabilities are also becoming more and more popular because they can be used to constantly track the position of the pet. These are the driving forces behind the expansion of the global RFID market.
The global pet smart wearable device market is still in its infancy, with fierce competition between established and emerging firms. The top market players prioritise research and development to develop innovative products in order to expand their product offerings. To strengthen their global position, companies are also focusing on strategic collaborations, expansions, and acquisitions. Tractive has released a new activity monitoring tool that works in tandem with its GPS tracking feature to allow owners to analyse their pets' physical activity and monitor their obesity conditions. Key players in the global pet wearable device market are Avid Identification Systems, Inc., SCR Engineers Ltd., Fitbark, DatHTF MIrs, Intervet International B.V., Garmin Ltd., Invisible Fence, Loc8tor Ltd., Link My Pet, and Pet Pace LLC, and other prominent players.
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Key Questions Answered with this Study
1) What makes Pet Smart Wearable Device Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Pet Smart Wearable Device market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Pet Smart Wearable Device in next few years?
8) What is the impact analysis of various factors in the Global Pet Smart Wearable Device market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Pet Smart Wearable Device Market?
Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/4151456-global-pet-smart-wearable-device-market
There are 15 Chapters to display the Global Pet Smart Wearable Device Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Global Pet Smart Wearable Device market, Applications [Is it possible to have certain customization in the study?], Market Segment by Types & This section of our report presents a realistic picture of the Global Pet Smart Wearable Device industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Pet Smart Wearable Device market;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Global Pet Smart Wearable Device Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Pet Smart Wearable Device Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation [North America, Europe, Asia-Pacific etc], comparison, leading countries and opportunities; Customer Behaviour
Chapter 12, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 13 and 14, about competition landscape (classification and Market Ranking)
Chapter 15, deals with Global Pet Smart Wearable Device Market sales channel, research findings and conclusion, appendix and data source.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.