Japan NB-IoT Pet Tracker Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 15.0% from 2024 to 2030.
The Japan NB-IoT Pet Tracker market has witnessed significant growth as the demand for advanced pet tracking solutions continues to rise. As technology improves, industries are increasingly incorporating Narrowband Internet of Things (NB-IoT) technology into pet trackers, offering reliable connectivity with low power consumption and extended battery life. This shift towards NB-IoT is driven by the need for constant monitoring of pets, particularly for pet owners concerned about the safety and whereabouts of their animals.
In Japan, where pet ownership rates are high, the need for efficient pet trackers is critical. The market has seen an increased focus on products that combine GPS, real-time tracking, and long-range connectivity. NB-IoT enables pet trackers to function seamlessly in urban and rural areas, providing location updates even in remote zones where traditional GPS signals might be weak. This has created a growing demand for tracking devices that provide more comprehensive and accurate data, ensuring pets' safety and owners' peace of mind.
Industries such as animal healthcare, pet services, and insurance are particularly interested in the advancements of NB-IoT pet trackers. For instance, veterinary clinics and hospitals use these devices to track pets' health and behaviors, enabling better care management. Moreover, pet service providers are adopting these trackers for pet sitting and walking services to ensure pets are always within safe boundaries. In Japan, insurance companies are also seeing the value of NB-IoT technology in reducing claims related to lost or missing pets, leading to the introduction of pet insurance policies that require the use of such devices.
With the increasing demand for secure, real-time pet monitoring solutions, the Japan NB-IoT Pet Tracker market is set to grow substantially. Industries continue to explore new applications for NB-IoT pet trackers, ensuring that pet safety remains a priority. This market, with its unique needs, mirrors the growth trajectory seen in similar sectors, such as the 100 Gigabit Fiber Optic Transceiver Market Type and requirement from industries, which emphasizes efficiency and connectivity solutions for various applications.
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PETBIZ
AIPITE
YoChong
China Mobile
Shenzhen Jimi IOT Co.
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Japan 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
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan 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. Japan NB-IoT Pet Tracker Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan NB-IoT Pet Tracker Market, By Type
6. Japan NB-IoT Pet Tracker Market, By Application
7. Japan NB-IoT Pet Tracker Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan NB-IoT Pet Tracker Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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