Latest Research Study on Pet Trackers Market published by AMA, offers a detailed overview of the factors influencing the global business scope.Pet Trackers Market research report shows the latest market insights with upcoming trends and breakdown of the products and services.The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Pet Trackers. Demand from top notch companies and government agencies is expected to rise as they seek more information on COVID-19. Check Demand Determinants section for more information.
Players Includes:
Marco Polo (United States), POD (Australia), Link AKC (United Kingdom), Tractive (Austria), Whistle (United States), Loc8tor (United Kingdom), Garmin Ltd. (United States), PetPace (United States) and GoPro Fetch (United States)
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A pet tracker is defined as the device which is typically attached to your pet's collar. Some of the major pet trackers devices are The Paw Tracker, Tractive GPS 3G Pet Tracker, Findster Duo, The Tractive Realtime GPS tracker, Whistle 3 GPS Pet Tracker & Activity Monitor, among others. Demand for pet tracker has increased, due to the increasing number of pets are lost each year. For instance, according to an article published by the American Society for the Prevention of Cruelty to Animals, in 2012, more than 10 million pets are lost each year. Hence, ridings number pet lost cases and increasing awareness regarding the benefit of pet tracking devices are some of the major factors which affect the growth of the market in the future.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Digital Asset Management Market various segments and emerging territory. Market size by Revenue is expected to grow xx% in 2020 alone as demand is anticipated to be moderately affected by the outbreak of COVID-19. The downstream companies contend with restricted profit from falling consumer confidence, demand for industry products is expected to slow.
The Global IoT in Education Market segments and Market Data Break Down are illuminated below:
Technology (Cellular / GPS Trackers, Old School Radio Trackers / Radio Frequency Trackers, Bluetooth pet trackers, Mixed Trackers, Others), Component (Hardware {GPS Chips, RFID Chips, Bluetooth Chips, Sensors, Others}, Software, Others), Animal Type (Dogs, Cats, Others)
Market Drivers
- Growing Demand for IoT in Pet Tracking Devices
- Increasing Pet Population as well as Pet Humanization Worldwide
- Rising Expenditure on Pets Due to High Disposal Income