LeapZipBlog: Steve Blade's blog: Pet Wearables Market to Discern Positive Growth as Manufacturers Continue to Invest in R&D

Pet Wearables Market to Discern Positive Growth as Manufacturers Continue to Invest in R&D

August 26, 2019 by Steve Blade  

The report titled “Pet Wearables Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028” offers granular insights into growth drivers, restraints, key opportunities, lucrative avenues, strategic dynamics, and prominent technology trends. The study takes a closer look at the current outlook and promising prospects of various product types in the pet wearables market, notably including pet cameras, activity monitors, GPS trackers, pre-emotion sensors, and pet-to-human translators. It evaluates the prospects of various distribution channels in the pet wearable market, notably including modern trade, franchised stores, e-commerce and specialty stores.

The rapid inroads by wearable technologies in the health monitoring and location tracking, riding on the wave of automation, is a key factor driving the evolution of the pet wearables market. The expansion of the pet wearables market is propelled and supported by constant advances in internet of things (IoT) market and GPS technologies. The growing adoption of pet wearables for collecting data analytics related to the health of pets is fueled by the rising awareness about the fitness and nutrition of their pets among owners. The advent of cloud-based analytics has bolstered the application of pet wearables in medical diagnostics. The rising demand for user-friendly and reliable maps in smartphones for location tracking is also boosting the pet wearables market. Advances in real-time tracking pets, especially among canine owners, is opening large, lucrative avenues in the pet wearables market.

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Efforts to improve the functionality of pet wearables are expected to set the pace of design of technologically-advanced products. The new generation of pet wearables will inevitably witness technological improvements in their components. Constant advances in pet wearables technologies have led to pet wearables with increased battery life and the advent of devices that can work across platforms. Advancements in pre-emotion sensors and pet-to-human translators are expected to lead to high-end products in the pet wearables market. Moreover, the end users of pet wearables will also benefit from the declining prices of several of key technologies.

Table of Content

 Chapter 1. Executive Summary
1.1. Pet Wearables Market- Opportunity Assessment
1.2. Winning and losing components

Chapter 2. Global Pet Wearables Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the Report

Chapter 3. Market Dynamics
3.1. Key Growth Drivers
3.2. Key Challenges
3.3. Key Market Opportunities
3.4. Key Trends

Chapter 4. Associated Industry and key Indicator Assessment
4.1. Population of Pets in Different Countries
4.2. Average household Spending on Tech Enabled Pet Monitoring products for different countries

Chapter 5. Global Pet Wearables Market Analysis
5.1. Global Pet Wearables Outlook
    5.1.1. Market Value (US$ Mn) Forecast and Analysis
    5.1.2. Regional Market Size Assessment
  Market Value (US$ Mn) Forecast and Analysis
5.2. Global Pet Wearables Market Analysis by Product Type

To be Continue..............

The study takes a critical look at the current competitive landscape and the factors affecting the entry barriers and the level of competition in various regions on the pet wearables market. Some of the prominent players operating in the market are DOGTRA Co. Ltd., Fitbark, Petcube, Gibi technology, Tractive GmbH, Whistle Labs LLC, and Garmin International.

Additional Questions Answered

The report on the pet wearables market sheds light on key facets of its outlook and its several regional evolution trajectories. Some of the pertinent questions being answered in the report are:

  • What is the magnitude of the consumer spending in the pet wearables market and what are the factors that will be at the fore of such trends?
  • How far gravitating toward e-commerce channels affect the sales of pet wearables?
  • What trends will spur the demand for pet wearables for medical diagnosis?
  • What technology advancements will gain traction in the pet wearables market for application for health monitoring?
  • Will the rapid rise in demand for pet wearables Asia Pacific offer the shares of the North America market during the assessment period?

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