GPS Tracker Smart Dog Collar Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Basic GPS Tracking Collars, Activity Monitoring Collars, Geo-Fencing Collars, and Others), By Communication Technology (Cellular-Network, and Satellite-Based), By End User (Individual, Defense and Military, and Others), By Sales Channel (Online Stores, and Offline Stores) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

GPS Tracker Smart Dog Collar Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Basic GPS Tracking Collars, Activity Monitoring Collars, Geo-Fencing Collars, and Others), By Communication Technology (Cellular-Network, and Satellite-Based), By End User (Individual, Defense and Military, and Others), By Sales Channel (Online Stores, and Offline Stores) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: May 2024
Report Code: CGNCGS689
Pages: 218

The Global GPS Tracker Smart Dog Collar Market was valued at USD 501.7 Million in 2023 and is anticipated to reach a value of USD 769.0 Million by 2031 expanding at a CAGR of 5.5% between 2024 and 2031.

GPS Tracker smart dog collars have experienced notable technological advancements, incorporating AI to elevate their capabilities and influence. AI integrations allows for sophisticated data processing from such collars, enabling analysis of pet behavior trends, identification of activity irregularities, and provision of health insights. Online sales channels have significantly impacted the market by offering extensive collar selections and educational resources on pet safety, thereby fueling sales growth. Furthermore, the rising awareness of pet care, propelled by organizations such as PETA, underscore the importance of pet safety and security. The heightened awareness motivates pet owners to adopt GPS tracker collars as essential tools for monitoring and protecting their cherished companions. With ongoing innovations and increased accessibility via online platforms, GPS tracker smart dog collars are becoming indispensable in modern pet care, supported by advancements in technology and the advocacy for pet welfare.

GPS Tracker Smart Dog Collar Market Major Driving Forces

Technological Advancements: The continuous improvements in GPS technological, battery efficiency, and integrations with AI have significantly enhanced the performance and reliability of GPS tracker smart dog collars. These advancements make the collars more effective in providing real-time tracking and monitoring capabilities, fueling up the adoption amongst pet owners.

Integration of Online Sales Channel: The integration of GPS tracker smart dog collars into online sales channel has expanded their market reach and accessibility. Pet owners can easily research, compare, ad purchase collars online, benefiting from convenience and a wide selection of products. This integration has accelerated sales growth and contributed to the overall market expansion.

Growing Pet Ownership: The growth in pet ownership globally has fueled the demand for innovative pet care products including GPS Tracker Collars. As families are counting in pets as their family members, the adoption of technologies aimed at ensuring safety and health monitoring.

Regulatory Authority and Regulations: Regulatory oversight and enforcement of standard related to pet safety and welfare drive the development and adoption of GPS tracker collars. Compliance with regulations ensures that these products meet established safety and performance criteria.

GPS Tracker Smart Dog Collar Market Key Opportunities

Integration with Smart Home Ecosystems: Future opportunities lies in integrating GPS tracker smart dog collars with smart home ecosystems, allowing seamless connectivity with other smart devices. This integration can enable automated pet care routines, such as temperature adjustments settings or controlling access to certain areas when the pet is detected outside the home.

Health and Wellness Monitoring: The advancements of sensor technologies offers opportunities to enhance GPS tracker collars with more sophisticated health and wellness monitoring capabilities. Future collars could provide real-time health data, including heart rate, respiratory rate, and hydration levels, enabling proactive pet healthcare.

Artificial Intelligence and Machine Learning: Leveraging AI and machine learning algorithms presents future prospects for GPS tracker collars to analyze pet behavior patterns and detect anomalies. AI driven insights could facilitate personalized recommendations for pet care and behavior training based on data collection from collar and behavior training based on data collected from the collar.

GPS Tracker Smart Dog Collar Market Key Trends

·         There is a growing preference towards tracking systems owing to high disposable income resulting to integration of smart systems in lives.

·         Future collars will track vital signs, providing real-time health data for proactive pet care and early detection.

·         AR and VR application will allow the pet owners to visualize their dog’s location and set virtual boundaries for safety purposes.

·         Advanced communication technologies will ensure reliable connectivity, expanding usage.

Region-wise Market Insights

North America accounted for the largest market share at 33.3% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 4.1% between 2024 and 2031.

In North America, high pet ownership rates, technological advancements, and a strong emphasis on pet safety drive the market growth. Europe benefits from stringent regulations promoting pet welfare, alongside increasing adoption of smart home technologies, and premium pet products. Asia Pacific shows significant growth potential fueled by rising disposable incomes, urbanizations, and a growing tech-savvy population, supported by growing e-commerce platforms. Meanwhile, South America experiences an increase in demand owing to urbanization and a growing middle-class population, with improving economic conditions driving adoption of pet care products such as GPS trackers. The Middle East & Africa witnesses a burgeoning market owing to rising pet ownership, heightened awareness of pet welfare, and a growing pet care industry.

Market Competition Landscape

In the competitive landscape of GPS tracker smart dog collars, various key companies dominate the market with innovative products and strong market presence. Leading companies with their advanced GPS tracking technology and integrated functions such as activity monitoring and gro-fencing. These brands prioritize use-friendly interfaces and reliable performance, catering to tech-savvy pet owners seeking comprehensive pet care solutions. Other notable players offer real-time tracking and health monitoring capabilities.

Additionally, emerging companies are making strides in the market by introducing unique feature and targeting specific niche segments within the pet care industry. The competitive landscape is characterized by ongoing innovation, strategic partnerships, and a focus on customer-centric product development to address evolving consumer needs. As the demand for GPS tracker smart dog collars continues to grow, competition intensifies, driving companies to differentiate themselves through technological advancements and superior product offering.

Key players in the global GPS Tracker Smart Dog Collar market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Whistel (Mars Petcare)

·         Garmin Ltd.

·         Jio Inc. (Life360)

·         Fitbark

·         Pawscout Inc.

·         PETFON

·         Cube Tracker

·         Barking Labs

·         Gibi Technologies Inc.

·         Eureka Technology Partners, LLC

·         Link My Pet

·         Tractive

·         Findster Technologies

·         PetPace

·         KIPPY (Datamars Group Company)

Report Attribute/Metric

Details

Market Revenue in 2023

USD 501.7 Million

Market Revenue in 2031

USD 769.0 Million

CAGR (2024 – 2031)

5.5%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Basic GPS Tracking Collars, Activity Monitoring Collars, Geo-Fencing Collars, and Others)

·   By Communication Technology (Cellular-Network, and Satellite-Based)

·   By End User (Individual, Defense and Military, and Others)

·   By Sales Channel (Online Stores, and Offline Stores)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Whistel (Mars Petcare), Garmin Ltd., Jio Inc. (Life360), Fitbark, Pawscout Inc., PETFON, Cube Tracker, Barking Labs, Gibi Technologies Inc., Eureka Technology Partners, LLC, Link My Pet, Tractive, Findster Technologies, PetPace, and KIPPY (Datamars Group Company)

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Available on Request (10% Customization is Free)

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