The pet tech market will reach $17.57 billion in sales by 2028

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WESTFORD, USA, Sept. 14, 2022 (GLOBE NEWSWIRE) — Demand for smart devices for pets is increasing as people look to improve the lives of their pets by providing devices that can transmit information such as location, temperature, etc. and the movement of pets. According to a recent SkyQuest study Global pet technology marketMore than 52% of American adults own a smart device for their pets. In Europe, the figure is higher at 67 percent. This increasing demand may be due to several reasons.

First of all, there is a growing trend of people adopting elderly or special needs pets, which is open to devices that can improve the quality of life for these animals. Additionally, there is a growing awareness that pets in well-behaved households are less likely to develop chronic health conditions and other conditions in the global pet technology market. Accordingly, it is appropriate for pet owners to look for technologies that can help monitor the animal’s behavior and health in order to protect both.

As technology advances, there are more devices being developed specifically for pets. Here are some of the most popular tools:

  • A smart collar that responds to voice commands and tracks the pet’s location.
  • A smart band that monitors vital signs and sends alerts if something goes wrong.
  • A smart toy that gives treats when your pet plays with it.

The popularity of these devices in the pet tech market is due in part to the growing trend of keeping pets indoors. These devices allow pet owners to monitor their animals without having to be physically present all the time. They also provide peace of mind should something happen to the pet, such as a loss or escape.

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This growing demand for smart devices for pets has led to the creation of a number of different applications that can be used to monitor and control their behavior. These applications can be found on Android and iOS as well as on various devices such as tablets, smartphones, wearables and home security systems.

SkyQuest has released a report on the global pet technology market. The report covers various aspects of pet technology including market trends, opportunities and challenges. His report helps readers understand the current landscape and identify opportunities in the market. It is essential reading for anyone involved in or considering entering the pet technology industry.

According to SkyQuest, 83% of pet owners in North America and Europe own at least one pet tech device

According to SkyQuest’s analysis, worldwide there will be more than 1012 million dogs and cats in 2021. Of this, the number of pets will be more than 565 million.

With most people owning at least one pet in the European and North American pet technology market, it’s no surprise that pet technology is a hot topic for both consumers and businesses. In fact, according to a recent survey by SkyQuest, 71% of American households have at least one pet, with dogs (48%) and cats (43%) leading the pack. While there are many types of pet technology products on the pet tech market, research shows that 95% of pet owners use technology to entertain and engage their pets. This means that 86% use technology to monitor their pets’ movements and 85% use technology to provide food and water. Additionally, 83% of pet owners use technology to communicate with their pets in some way, such as messaging or social media.

Technology has also been used to improve relationships with their pets. For example, 83% of owners use mobile apps to track their pets’ whereabouts and 74% use mobile apps to play with their pets. Additionally, 68% of owners use mobile apps to provide medical alerts for their pets in the event of an emergency.

When asked about the most popular types of technology they use to care for their pets, 73% said they used an app or software to track their pet’s health, while 68% said they used a wearable device such as a collar or bracelet to track their location and activity. Specifically, two-thirds of survey respondents said they plan to use such technologies in the future.

Interestingly, when asked about the biggest challenges they face when caring for their pets in the global animal technology market, the top three responses were emergencies (24%), training or teaching their pets new behaviors (22%) and controlling costs. (21%) Overall, technology seems to play an important role in helping pet owners manage their lives and responsibilities around their pets.

Browse the report summary and complete table of contents (TOC):

https://skyquestt.com/report/pet-tech-market

The RFID pet tech market generates over 30% of revenue.

As the world grows more and more electric, so does the pet industry. Pets have tags implanted in their skin that allow their owners to track their animals wherever they go. RFID chips are becoming more popular for this purpose as they allow a higher level of security and traceability.

RFID chips are becoming increasingly popular for pets in the global pet technology market as they provide a way to track animals without the need for traditional collars and tags. Chips can be embedded in the pet’s fur or body, and once scanned, the chip stores specific information about the pet’s name, weight, and location. RFID chips are relatively inexpensive to purchase and maintain and are in high demand from pet owners who see them as a way to improve animal safety.

The high demand for RFID chips in the global pet technology market is due in part to their small size and lightweight, which makes them less invasive than traditional tags. They are also faster and easier to read than traditional radio frequency tags, which means they can be scanned more quickly. In addition, RFID chips are less likely to be lost or damaged over time, making them a more reliable option for tracking large animals such as horses.

SkyQuest has released a report on the global pet technology market. The report covers various segments of the market and provides an overview of the revenue generated by each segment. It also highlights key players in the market and their respective revenue contribution. The report provides valuable insights into the current state of the Pet Technology market and is a valuable resource for companies operating in this space.

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Major players in the global pet tech market

  • Avid Identification Systems, Inc. (US)
  • Allflex USA Inc. (USA)
  • Datamars (Switzerland)
  • FitBark (USA)
  • Garmin Ltd. (USA)
  • Invisible Fence (US)
  • Link AKC (US)
  • Loc8tor Ltd. (UK)
  • PetPace LLC (USA)
  • Whistle Labs, Inc. (USA)
  • The Voice (USA)

Related reports in SkyQuest’s Library:

Global virtual reality (VR) in the manufacturing industry market

Global cloud managed services market

Global Geospatial Analytics Market

Global edtech and smart classroom market

Global Intellectual Property Management Software Market

about us:

SkyQuest Technology He is leading a growth consulting firm providing market intelligence, trading and technology services. It has more than 450 happy customers worldwide.

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