Pet Tech Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DAH22 | Last Updated On: Jan 21 2021 | No. of Pages: 180 | Available Formats

> Global Pet Tech Market Expected to reach at a high CAGR by 2027: DataM Intelligence

Global Pet Tech Market By Product Type (Tracking Equipment, Monitoring Equipment, Entertainment Equipment, Feeding Equipment), By End-Use (Household, Commercial), By Distribution Channel (Supermarkets & Hypermarkets, Petcare Stores, E-Commerce), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Pet Tech Market is expected to grow at a high CAGR during the forecasting period (2020-2027).

Smartphones integrated with wellness applications, electronic pet wearables with monitoring abilities, and several other technological innovations are allowing pet owners to remotely monitor, feed, and release treats for their pets. Currently, advanced technologies are in the market which can unlock and relock door remotely to permit pet sitters to access the pets. Many pet wearables available in the market has GPS locater which allows pet owners to locate missing dogs & cats. The latest product developments in pet tech allows pet owners to monitor pet behavior remotely and communicate with the pets via tablet screens, apps and speakers. The high interactive nature of pet towards entertainment devices such as gaming consoles and ball throwers is expected to increase adoption by pet owners in coming years. The adoption of technology in pet is expected to grow at lucrative pace during forecast period as owners seek to care for their pet’s health in unique ways.

 

**Source: DataM Intelligence Analysis 

Market Dynamics:

Increasing adoption of pet by communities across the globe and growing investments by the pet owners in smart/IOT-based products for effective maintenance of pets are the major factors driving the global pet tech market. The millennial pet owners are more interested towards devices such as wearables, interactive devices, gaming consoles and others for pets. According to the study published by Office for National Statistics, the annual spending by pet owners on pets increased from USD 5.98 billion in 2017 to 6.588 billion in 2018.  These products allow pet owners to maintain, track physiological & physical health of pets and maintain relationship with their pets. Lack of presence of individuals during working hours in homes led pet owners to adapt smart technologies which has ability to interact with pet and feed it in constant intervals. The smart monitors provided by the companies such as Furbo, and Petsafe allow pet owners to monitor their pet, provide food and entertainment during pet owners absence in residence.

However, high cost and lack of awareness among the communities in low-income countries are major factors hindering the growth of global pet tech market.

Market Segmentation

Global pet tech market is segmented on the basis of product type into tracking equipment, monitoring equipment, entertainment equipment, feeding equipment and others.

Tracking equipment evolved as the largest segment in global pet tech market owing to growing investment by the pet owners in the active tracking of health and behavioral aspects of their pets. The tracking equipment monitors pet’s whereabouts, and monitors active levels, respiration, heart rate and fitness indicators. The weakly health reports provided by the respective tracking equipment through their apps will allows pet owners to act accordingy over preventive and proactive health measures.   The collar attachments and collar sensors monitors the health functions and the small cameras in these systems will provide dog’s eye view of house when owners are away.

**Source: DataM Intelligence Analysis

Geographical Presentation

By region, the global pet tech market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa.

United States is dominating the global pet tech market owing to growing adoption advanced wearables and monitoring devices by the pet owners to provide proactive and preventive health measures. According to American Pet Products Association, the annual spending over pets accounted to USD 69 billion out of 6.7% accounted to pet tech products. High pet population and increasing disposable income by the millennials over pets are additionally contributing to the growth of United States pet tech market. According to American Pet Products Association, the total pet population in United States was 85.2 million in 2017-2018. Furthermore, high consumer interests towards investing in highly interactive and convenience equipment for pets across the country is expected to boost the market for pet tech in United States during forecast period.

**Source: DataM Intelligence Analysis

Competitive Analysis

The global pet tech market is highly fragmented due to huge product differentiation. However, in individual product segmentation the market is consolidated with very few players holding significant share. This market is experiencing huge investment from the venture capitalists in pet tech startups for business expansion and research & development activities. According to Pitch Book, the annual investments by the venture capitalists in pet tech industry increased from USD 311 million in 2017 to USD 579 million in 2018 (until November 9th 2018).

New product launches in wearable and entertainment devices with advanced IOT-based technologies to provide accurate and effective information for pet owners is the key strategy followed by major players in global pet tech market. For instance, In July 2019, Petcube launched Bites 2 and Play 2 smart cameras a pet-oriented smart speaker with Alexa integration. Both devices allow the pet owners to interact with the pet and monitor their homes remotely. In July 2019, Whistle launched two pet wearables for pets Whistle Go and Whistle Go Explore to track animal location, activity and health. The weakly health report provided by the system allows pet owners to provide better proactive and preventive care.

Some of the key players in the global pet tech market includes Radio Systems Corporation, Wagz, Inc., Whistle, Petchatz, and iFetch, LLC.

Why Purchase the Report?

  • Visualize the composition of the global pet tech market in terms of various product types, end-use and distribution channel highlighting the key commercial assets and players.
  • Identify commercial opportunities in global pet tech market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of global pet tech market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

**The global pet tech report will provide access to approximately 61 market data tables, 54 figures

Target Audience

 

Table of Contents

  1. Pet Tech Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Pet Tech Market – Market Definition and Overview

  3. Pet Tech Market – Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by End-Use
    3. Market Snippet by Distribution Channel
    4. Market Snippet by Region
  4. Pet Tech Market Dynamics

    1. Market Impacting Factors
      1. Drivers
      2.  Restraints
      3. Impact Analysis
    2. Opportunity
  5. Global Pet Tech Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Regulatory Analysis

  6. Global Pet Tech Market – By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      2. Market Attractiveness Index, By Product Type
    2. Tracking Equipment*
      1. Introduction
      2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Monitoring Equipment
    4. Entertainment Equipment
    5. Feeding Equipment
    6. Others
  7. Global Pet Tech Market – By End-Use

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      2. Market Attractiveness Index, By End-Use
    2. Household*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Commercial
  8. Global Pet Tech Market – By Distribution Channel

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
      2. Market Attractiveness Index, By Distribution Channel
    2. Supermarkets & Hypermarkets*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Petcare Stores
    4. E-Commerce
    5. Others
  9. Global Pet Tech Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. Spain
        4. France
        5. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Distribution Channel
  10. Global Pet Tech Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
    4. Market Entry Strategy
  11. Global Pet Tech Market Company Profiles

    1. Pawscout, Inc.
      1. Company Overview
      2. Product Type Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Whistle
    3. Petkit
    4. Furbo
    5. Wagz, Inc.
    6. Petchatz
    7. iFetch, LLC.
    8. Radio Systems Corporation
    9. Petnet Inc.
    10. FitBark (** List not exhaustive)
  12. Global Pet Tech Market – Premium Insights

  13. Global Pet Tech Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

LIST OF TABLES

Table 01 Global Pet Tech Market Value, By Product Type, 2018,2022 & 2027 ($ Million)
Table 02 Global Pet Tech Market Value, By End-Use, 2018,2022 & 2027 ($ Million)
Table 03 Global Pet Tech Market Value, By Distribution Channel, 2018,2022 & 2027 ($ Million)
Table 04 Global Pet Tech Market Value, By Region, 2018,2022 & 2027 ($ Million)
Table 05 Global Pet Tech Market Value, By Product Type, 2018,2022 & 2027 ($ Million)
Table 06 Global Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 07 Global Pet Tech Market Value, By End-Use, 2018,2022 & 2027 ($ Million)
Table 08 Global Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 09 Global Pet Tech Market Value, By Distribution Channel, 2018,2022 & 2027 ($ Million)
Table 10 Global Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 11 Global Pet Tech Market Value, By Region, 2018,2022 & 2027 ($ Million)
Table 12 Global Pet Tech Market Value, By Region, 2017-2027 ($ Million)
Table 13 North America Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 14 North America Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 15 North America Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 16 North America Pet Tech Market Value, By Country, 2017-2027 ($ Million)
Table 17 South America Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 18 South America Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 19 South America Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 20 South America Pet Tech Market Value, By Country, 2017-2027 ($ Million)
Table 21 Europe Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 22 Europe Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 23 Europe Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 24 Europe Pet Tech Market Value, By Country, 2017-2027 ($ Million)
Table 25 Asia-Pacific Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 26 Asia-Pacific Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 27 Asia-Pacific Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 28 Asia-Pacific Pet Tech Market Value, By Country, 2017-2027 ($ Million)
Table 29 Middle East & Africa Pet Tech Market Value, By Product Type, 2017-2027 ($ Million)
Table 30 Middle East & Africa Pet Tech Market Value, By End-Use, 2017-2027 ($ Million)
Table 31 Middle East & Africa Pet Tech Market Value, By Distribution Channel, 2017-2027 ($ Million)
Table 32 Pawscout, Inc.: Overview
Table 33 Pawscout, Inc.: Product Portfolio
Table 34 Pawscout, Inc.: Key Developments
Table 35 Whistle: Overview
Table 36 Whistle: Product Portfolio
Table 37 Whistle: Key Developments
Table 38 Petkit: Overview
Table 39 Petkit: Product Portfolio
Table 40 Petkit: Key Developments
Table 41 Furbo: Overview
Table 42 Furbo: Product Portfolio
Table 43 Furbo: Key Developments
Table 44 Wagz, Inc.: Overview
Table 45 Wagz, Inc.: Product Portfolio
Table 46 Wagz, Inc.: Key Developments
Table 47 Petchatz: Overview
Table 48 Petchatz: Product Portfolio
Table 49 Petchatz: Key Developments
Table 50 iFetch, LLC.: Overview
Table 51 iFetch, LLC.: Product Portfolio
Table 52 iFetch, LLC.: Key Developments
Table 53 Radio Systems Corporation: Overview
Table 54 Radio Systems Corporation: Product Portfolio
Table 55 Radio Systems Corporation: Key Developments
Table 56 Petnet Inc.: Overview
Table 57 Petnet Inc.: Product Portfolio
Table 58 Petnet Inc.: Key Developments
Table 59 FitBark: Overview
Table 60 FitBark: Product Portfolio
Table 61 FitBark: Key Developments

LIST OF FIGURES

Figure 01 Global Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 02 Global Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 03 Global Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 04 Global Pet Tech Market Share, By Region, 2018 & 2027 (%)
Figure 05 Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 06 Global Pet Tech Market Y-o-Y Growth, By Product Type, 2018-2027 (%)
Figure 07 Tracking Equipment: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 08 Monitoring Equipment: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 09 Entertainment Equipment: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 10 Feeding Equipment: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 11 Other Equipment: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 12 Global Pet Tech Market Y-o-Y Growth, By End-Use, 2018-2027 (%)
Figure 13 Household: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 14 Commercial: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 15 Global Pet Tech Market Y-o-Y Growth, By Distribution Channel, 2018-2027 (%)
Figure 16 E-commerce Stores: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 17 Supermarkets/Hypermarkets: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 18 Pet Stores : Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 19 Others: Global Pet Tech Market Value, 2017-2027 ($ Million)
Figure 20 Global Pet Tech Market Y-o-Y Growth, By Region, 2018-2027 (%)
Figure 21 North America Pet Tech Market Value, 2017-2027 ($ Million)
Figure 22 North America Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 23 North America Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 24 North America Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 25 North America Pet Tech Market Share, By Country, 2018 & 2027 (%)
Figure 26 South America Pet Tech Market Value, 2017-2027 ($ Million)
Figure 27 South America Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 28 South America Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 29 South America Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 30 South America Pet Tech Market Share, By Country, 2018 & 2027 (%)
Figure 31 Europe Pet Tech Market Value, 2017-2027 ($ Million)
Figure 32 Europe Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 33 Europe Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 34 Europe Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 35 Europe Pet Tech Market Share, By Country, 2018 & 2027 (%)
Figure 36 Asia-Pacific Pet Tech Market Value, 2017-2027 ($ Million)
Figure 37 Asia-Pacific Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 38 Asia-Pacific Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 39 Asia-Pacific Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 40 Asia-Pacific Pet Tech Market Share, By Country, 2018 & 2027 (%)
Figure 41 Middle East & Africa Pet Tech Market Value, 2017-2027 ($ Million)
Figure 42 Middle East & Africa Pet Tech Market Share, By Product Type, 2018 & 2027 (%)
Figure 43 Middle East & Africa Pet Tech Market Share, By End-Use, 2018 & 2027 (%)
Figure 44 Middle East & Africa Pet Tech Market Share, By Distribution Channel, 2018 & 2027 (%)
Figure 45 Pawscout, Inc.: Financials
Figure 46 Whistle: Financials
Figure 47 Petkit: Financials
Figure 48 Furbo: Financials
Figure 49 Wagz, Inc.: Financials
Figure 50 Petchatz: Financials
Figure 51 iFetch, LLC.: Financials
Figure 52 Radio Systems Corporation : Financials
Figure 53 Petnet Inc.: Financials
Figure 54 FitBark: Financials

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