Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Cat and Dog Activity Trackers and Monitors Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 10.49% during the review period (2022 to 2027).
Although the pandemic caused tension in all markets, pet adoption soared during COVID-19. Since most people who work remotely do so from their homes, the interest in adopting pets has surged as a result. This is because pet owners may devote a lot of time to caring for their animals. According to an article that appeared in Consumer News and Business Channel (CNBC) in 2020, animal adoptions and rescues rose sharply in the early stages of the epidemic. The COVID-19 pandemic's requirement for vaccinations, neutering programmes, and frequent veterinary visits has been thought to limit the availability of new pets during the pandemic.
However, the dog adoption rate significantly increased during the COVID-19 pandemic, and the demand for adoptable dogs and requests increased significantly along with the shortening of the length of stay of dogs at the shelter, according to a research article titled "Human-dog relationships during the COVID-19 pandemic: booming dog adoption during social isolation" published in Humanities and Social Sciences Communications in November 2020. Because of the rising demand for Cat and Dog Activity Trackers and Monitors, COVID-19 has a substantial impact on pet adoption.
The global Cat and Dog Activity Trackers and Monitors includes Garmin, Whistle (Tagg), FitBark, Radio Systems Corporation (PetSafe), Tractive, PetPace, Loc8tor, Marco Polo, Gibi Technologies Inc, WÜF, Nuzzle, LINK AKC, KYON, PetKit
Wagz to Acquire Link AKC
September 26, 2020-Wagz Inc. and its pet-loving audience moved closer to the vision of a completely connected pet home with the announcement of the acquisition of Smart Pet LLC’s (SPT) Link AKC™ smart collar.Wagz™ has been aggressively developing and launching the most advanced pet tech available, while investing in acquisitions that fit its family of connected pet home products. Today’s move bolsters the brand with the addition of the hugely popular Link AKC collar that’s offered in a variety of sizes. Beyond the product, as part of the acquisition, Wagz will also gain six new employees and appoint Heberto (Herbie) Calves as Chief Growth Officer of Wagz.
Cat and Dog Activity Trackers and Monitors Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
The market for cat and dog activity trackers and monitors is now dominated by North America, and this dominance is expected to continue for a few more years.
The Los Angeles Society for the Prevention of Cruelty to Animals reported in June 2020 that the adoption rate had doubled and that between 10 and 13 companion animals were adopted every day. The growth of the veterinary healthcare management and cat and dog activity trackers and monitors markets in North America during the forecast period may be aided by the rise in pet adoption.
Report Attributes | Report Details |
Report Title | Cat and Dog Activity Trackers and Monitors Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Garmin, Whistle (Tagg), FitBark, Radio Systems Corporation (PetSafe), Tractive, PetPace, Loc8tor, Marco Polo, Gibi Technologies Inc, WÜF, Nuzzle, LINK AKC, KYON, PetKit |
Forecast Period 2022 to 2027 CAGR | CAGR of 10.49% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Garmin, Whistle (Tagg), FitBark, Radio Systems Corporation (PetSafe), Tractive, PetPace, Loc8tor, Marco Polo, Gibi Technologies Inc, WÜF, Nuzzle, LINK AKC, KYON, PetKit |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 105 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Cat and Dog Activity Trackers and Monitors Market is studied from 2017 - 2027.
What is the growth rate of Cat and Dog Activity Trackers and Monitors Market?
The Cat and Dog Activity Trackers and Monitors Market is growing at a CAGR of 10.49% over the next 5 years.
Who are the leading key players in Cat and Dog Activity Trackers and Monitors Market?
Garmin, Whistle (Tagg), FitBark, Radio Systems Corporation (PetSafe), Tractive, PetPace, Loc8tor, Marco Polo, Gibi Technologies Inc, WÜF, Nuzzle, LINK AKC, KYON, PetKit
What regions regions does this Cat and Dog Activity Trackers and Monitors Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Cat and Dog Activity Trackers and Monitors Market?
Sleep Tracking, Motion Tracking, Location Tracking, Behavior Tracking, Other
What are the significant Applications of Cat and Dog Activity Trackers and Monitors Market?
GPS Based, Radio Based, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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