The Asia Pacific Pet Smart Tracker Market would witness market growth of 10.8% CAGR during the forecast period (2022-2028).
Mixed trackers are created from the combination of two different methods, generally radio and cellular technology. These are some of the most recent GPS pet-tracking devices. These use a unit with a GPS chip attached to the pet’s collar. They transfer location through radio waves to the device carried by the owner then it is transferred to the smartphone.
Many pet owners prefer this type of tracker as it directly connects to their mobile devices and doesn’t require additional sim or cellular line services. Bluetooth trackers are short-distance tracker that connects with the user’s phone. As it is clear from the name, it connects with the mobile device with Bluetooth.
They are used through a mobile application that can determine the pet’s exact position. They are the ideal option for small animals as they are pretty lightweight. There are numerous pet tracking systems that implement technology directly into the pet’s collar or fasten the device onto the existing collar. The type of technology, these devices use is usually responsible for the range in which they operate, features, and battery life.
Various studies have been conducted to know about the relationship between health-related activity and dog ownership in Japanese adults. These studies have predicted that people with dog pets had more significant physical activity than people with other types of pets and with no pets. This is resulting in the rising adoption of pets and the grown population parenting pets, especially in the nations like India, China, and Vietnam. The government has launched numerous initiatives to increase the usage of healthy and safe products for the betterment of pets.
The China market dominated the Asia Pacific Pet Smart Tracker Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $149.5 Million by 2028. The Japan market is estimated to grow a CAGR of 10% during (2022 - 2028). Additionally, The India market would experience a CAGR of 11.9% during (2022 - 2028).
Based on Pet Type, the market is segmented into Dogs and Cats. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Technology, the market is segmented into GPS, RFID and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pet Smart Tracker Market is Projected to reach USD 1.7 Billion by 2028, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Jio, Inc. (Life360, Inc.), Whistle Labs, Inc. (Mars Petcare) (Mars Incorporated), Dynotag, Inc., Felcana (Pet Technology Limited), High Tech Pet Products, Inc., NUM’AXES, Loc8tor Ltd., Avid Identification Systems, Inc., and Datamars SA.By Pet Type
By Distribution Channel
By Technology
By Country
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