NB-IoT Pet Tracker Market size is estimated to be USD 200 Million in 2024 and is expected to reach USD 800 Million by 2033 at a CAGR of 17.5% from 2026 to 2033.
In 2022, the global NB IoT pet tracker market was valued at approximately USD 1.2 billion and is projected to reach USD 3.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 15.1% from 2024 to 2030. Regionally, North America held the largest market share, accounting for 35% of the total revenue in 2023. Europe followed with a 25% share, while the Asia Pacific region contributed 30% and emerged as the fastest growing market during this period. Latin America and the Middle East & Africa each represented 5% of the market share. The Asia Pacific regions rapid growth is attributed to increasing pet ownership and rising disposable incomes in countries such as China and India. The markets expansion is driven by the growing awareness of pet safety, advancements in IoT technologies, and the rising trend of pet humanization, leading to higher spending on pet care products and services. Opportunities are particularly notable in emerging markets where urbanization and disposable incomes are on the rise, fostering increased pet adoption rates. Additionally, technological innovations, including real time tracking, health monitoring, and geofencing features, are enhancing product appeal. The expansion of e commerce platforms further facilitates market growth by improving product accessibility and availability. However, challenges such as high device costs and data privacy concerns may impact adoption rates among budget conscious consumers.
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PETBIZ
AIPITE
YoChong
China Mobile
Shenzhen Jimi IOT Co.
Ltd
Nuvoton
Megastek
Borqs Technologies
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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 NB-IoT Pet Tracker Market
GPS-Based Tracking
RFID Tracking
Bluetooth Low Energy (BLE) Tracking
Wi-Fi Based Tracking
Dogs
Cats
Birds
Small Mammals (e.g., rabbits, ferrets)
Real-time Location Tracking
Health Monitoring
Activity Tracking
Geofencing Capabilities
Online Retail
Offline Retail (Pet Stores, Electronic Stores)
Direct Sales
Third-party E-commerce Platforms
Pet Owners
Pet Training Institutions
Veterinary Services
Animal Shelters and Rescue Organizations
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 NB-IoT Pet Tracker 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 NB-IoT Pet Tracker Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global NB-IoT Pet Tracker Market, By Type
6. Global NB-IoT Pet Tracker Market, By Application
7. Global NB-IoT Pet Tracker Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global NB-IoT Pet Tracker Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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