LAMEA Pet Smart Tracker Market Size, Share & Industry Trends Analysis Report By Pet Type (Dogs and Cats), By Distribution Channel (Offline and Online), By Technology (GPS, RFID and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Pet Smart Tracker Market would witness market growth of 16.4% CAGR during the forecast period (2022-2028).
Radiofrequency trackers are bulky and require an additional transponder to receive the signals given by the collars. However, they still provide far greater range than many newer alternatives and use less power. Pet tracking devices with IoT offer numerous benefits; for instance, they maintain a close eye on the pet when left with caretakers, ensuring that they are present exactly where necessary.
They keep track of the pet’s activity to help in weight loss or ensure they do the required exercise. These trackers further perform real-time tracking and monitoring, allowing the owners to find their pets whenever necessary. Devices with IoT make geofences with which the users can mark specific places like a park or their backyard, and if their pet leaves these areas, the owner will get an instant alert.
Trackers that are inbuilt into the wearables of pets have many uses. The smart collar can now be equipped with cameras that provide a live feed to the owner so they can track their daily activities. A pet tracker can also be used to identify a pet or even for a medical diagnosis and other uses.
There is a considerable increase in the sales of pet-related products in Brazil due to the rising adoption of pets in the region. With the increasing pet in the area and the considerable expenditure on their welfare, pet tracking, and health monitoring devices, Brazil is becoming a prominent regional market for pet tracking devices. Also, couples without children, apartment residents, and small families in Brazil prefer dogs and cats as pets which further contributes to the market.
The Brazil market dominated the LAMEA Pet Smart Tracker Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $40.6 Million by 2028. The Argentina market is experiencing a CAGR of 17% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 15.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Pet Smart Tracker Market is Predict to reach $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.
Scope of the Study
Market Segments Covered in the Report:
By Pet Type
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Jio, Inc. (Life360, Inc.)
- Whistle Labs, Inc. (Mars Petcare) (Mars Incorporated)
- Dynotag, Inc.
- Felcana (Pet Technology Limited)
- High Tech Pet Products, Inc.
- Loc8tor Ltd.
- Avid Identification Systems, Inc.
- Datamars SA
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Global Pet Smart Tracker Market Report 2022-2028
North America Pet Smart Tracker Market Report 2022-2028
Europe Pet Smart Tracker Market Report 2022-2028