Smart Connected Pet Collar Market to Grow with a CAGR of 10.2% through 2029

Rising concerns for pet safety and increasing pet ownership are driving the Global Smart Connected Pet Collar Market in the forecast period 2025-2029.

According to TechSci Research report, “Smart Connected Pet Collar Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Smart Connected Pet Collar Market stood at USD 409.56 Million in 2023 and is anticipated to grow with a CAGR of 10.2% in the forecast period through 2029.

The global proliferation of internet connectivity and the widespread adoption of smartphones have significantly contributed to the growth of the smart connected pet collar market. With more pet owners having access to high-speed internet and smartphones, the usability and effectiveness of smart pet collars are greatly enhanced. The seamless integration of these collars with mobile applications allows pet owners to receive real-time updates, alerts, and insights about their pets. Cloud connectivity enables the storage and analysis of extensive data collected by the collars, facilitating long-term tracking and trend analysis. The increasing prevalence of IoT (Internet of Things) in households further supports the connectivity aspect, enabling smart collars to integrate with other smart home devices. As connectivity becomes more ubiquitous, the market for smart connected pet collars is likely to witness sustained growth, driven by the convenience and accessibility offered to pet owners.

Despite the growing popularity of smart connected pet collars, there remains a significant challenge in terms of limited awareness and education among potential consumers. Many pet owners may not be fully aware of the benefits and functionalities offered by these advanced collars. Moreover, some may harbor misconceptions or lack the technical understanding to make informed decisions about adopting this technology. Manufacturers and stakeholders in the smart connected pet collar market need to invest in awareness campaigns, educational initiatives, and user-friendly guides to help consumers understand the value proposition of these products. By bridging the knowledge gap and showcasing the tangible benefits of smart collars, the industry can overcome the challenge of limited awareness and encourage broader acceptance among pet owners.

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The Global Smart Connected Pet Collar Market is segmented into product type, distribution channel, regional distribution, and company.

Based on distribution channel, The Global Smart Connected Pet Collar Market is witnessing a notable upswing in demand through online sales channels, reflecting the changing consumer preferences and the convenience offered by e-commerce platforms. The online sales channel has become a preferred avenue for pet owners to explore and purchase smart connected pet collars due to its accessibility, wide product variety, and the ability to compare different brands and features. The ease of browsing through product specifications, reading customer reviews, and making informed purchase decisions from the comfort of one's home has significantly contributed to the surge in online sales for smart pet collars.

The global shift towards online shopping, accelerated by factors such as the COVID-19 pandemic, has further propelled the growth of the online sales channel in the smart connected pet collar market. E-commerce platforms provide a platform for manufacturers to reach a global audience, offering their products to a diverse range of pet owners. Additionally, the convenience of doorstep delivery and the availability of exclusive online promotions and discounts have made online channels increasingly attractive for consumers. As the trend towards online shopping continues to thrive, the online sales channel is expected to remain a dominant force in the distribution and sales strategy for smart connected pet collars.

Major companies operating in Global Smart Connected Pet Collar Market are:

• Garmin Ltd.
• Antech Diagnostics, Inc.
• FitBark Inc.
• Findster Technologies S.A.
• Tracking Technologies, LLC (Link AKC)
• Tractive GmbH
• PetPace Ltd.
• SGI Venture Limited (PETBLE)
• Gibi Technologies Inc.
• Kickstarter, PBC

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“In response to the varied needs and preferences of pet owners, the smart connected pet collar market is increasingly focusing on customization and personalization features. Manufacturers are now providing a diverse array of styles, colors, and sizes to suit different pets and their owners' tastes. Additionally, these smart collars come with customizable settings that allow owners to adjust the device's functions and notifications to meet their specific needs. This shift reflects a broader consumer trend toward personalized products and services, thereby enhancing the overall user experience. As the market develops, the capacity to customize and personalize smart collars is expected to be a key factor in attracting and retaining a wide range of customers”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Smart Connected Pet Collar Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (GPS Based, Radio Based, Others), By Distribution Channel (Online, Offline), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of Global Smart Connected Pet Collar Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Smart Connected Pet Collar Market.

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