Pet Tracking Systems Market size is estimated to be USD 2.5 Billion in 2024 and is expected to reach USD 7.0 Billion by 2033 at a CAGR of 15.5% from 2026 to 2033.
The global pet tracking systems market was valued at approximately USD 2.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030. This growth is primarily driven by the increasing adoption of smart pet devices and the growing awareness among pet owners about the importance of tracking and monitoring their pets activities for safety and well being. The rising trend of pet humanization, along with the growing number of pet owners worldwide, is expected to contribute significantly to the demand for pet tracking systems. Technological advancements, such as GPS enabled devices and real time monitoring, are also enhancing the markets potential, providing opportunities for future growth across various regions.
Regionally, North America held the largest share of the pet tracking systems market in 2022, with a revenue of approximately USD 1.1 billion, and is expected to continue dominating the market due to high pet ownership rates and a tech savvy consumer base. The Europe region is anticipated to experience significant growth, with a CAGR of 13.0%, driven by increasing investments in the pet technology sector. The Asia Pacific region is also poised for substantial growth, primarily fueled by rising disposable incomes, expanding pet adoption, and increased demand for pet care services. In contrast, the Middle East and Africa region is expected to witness a moderate growth rate during the forecast period, with a CAGR of 9.2%, driven by a growing middle class population and shifting pet ownership trends.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pet Tracking Systems Market
Dogs
Cats
Others (Rabbits, Birds, etc.)
Collars
Tags
Wearable Devices
Smart GPS Trackers
GPS-based Tracking
Bluetooth-based Tracking
RFID Tracking
Wi-Fi-based Tracking
Online Retail
Offline Retail
Direct Sales
Pet Owners
Veterinary Clinics
Pet Trainers
Pet Shelters
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pet Tracking Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pet Tracking Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pet Tracking Systems Market, By Type
6. Global Pet Tracking Systems Market, By Application
7. Global Pet Tracking Systems Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pet Tracking Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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