Household is a leading end use sector augmenting global pet tech market trends due to surging adoption of pets by households across the globe. According to estimates by the American Society for the Prevention of Cruelty to Animals (ASPCA), 85.8 million cats and 78 million dogs are owned in the United States. Furthermore, approximately 35% of all households in the United States have a cat as pet, and 44% households have a dog, making cats and dogs the most adopted animal species. Increasing concerns of the pet owners towards the safety, health, and security of pets is encouraging the development of household pet tech industry.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4187
Global pet tech market is slated to amass lucrative proceeds in the upcoming years, on account of surging adoption of the artificial intelligence and Internet of Things technology inspired pet care solutions across the globe. The burgeoning desire of pet owners to simplify and automate an array of pet related tasks such as cleaning litter, medication, feeding, safety, communication, entertainment, and movement tracking has expanded the application landscape of pet technology. A number of companies operating in this industry are focusing on creating reliable, flexible, and sophisticated pet tech solutions to ease the life of pets and their owners.
The Europe pet tech market is predicted to grow rapidly with increased adoption of connected technologies to monitor the health status of pets. Countries including Germany, France, and the UK are the major markets due to the increase in the number of household pets. The owners are engaged in incorporating innovative solutions that will monitor the safety & health of their pets. Moreover, high spending capability coupled with the rise in disposable income of citizens is also a major factor encouraging the owners to purchase smart solutions for their pets.
Considering the efforts undertaken by the remarkably industry players, it is clear that the pet tech market would depict substantial growth in the forthcoming years. The competitive spectrum of this industry is distinctive and consists of renowned companies such as Fitbark, IceRobotics, Garmin Ltd., Konectera, Whistle Labs LLC, Loc8tor, Motorola, Nedap N.V., Pod Trackers Pty Ltd, Tractive, Petcube, Inc., Petnet Inc., Scollar, PetPace LLC, CleverPet, Petrics, and WOPET.
Browse key industry insights spread across 305 pages with 463 market data tables & 42 figures & charts from the report, “Pet Tech Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/pet-tech-market
Exemplary initiatives by the leading players will undoubtedly have a lasting impact on the growth prospects of this industry. Global Market Insights, Inc. estimates that pet tech market size will exceed the USD 20 billion mark by 2025.
Major Key Points from Table of Content:
Chapter 5. Pet Tech Market, By Application (Revenue & Shipments)
5.1. Key trends by application
5.2. Pet healthcare
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Pet owner convenience
5.3.1. Market estimates and forecast, 2015 – 2025
5.4. Communication & entertainment
5.4.1. Market estimates and forecast, 2015 – 2025
5.5. Pet safety
5.5.1. Market estimates and forecast, 2015 – 2025
Chapter 6. Pet Tech Market, By End-Use (Revenue & Shipments)
6.1. Key trends by end-use
6.2.1. Market estimates and forecast, 2015 – 2025
6.3.1. Market estimates and forecast, 2015 – 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/pet-tech-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Email: [email protected]