According to the latest report “Pet Wearable Market by Product (Smart Collar, Smart Vest, Smart Harness, Smart Camera), Technology (RFID Devices, GPS, Sensors, Bluetooth), Application (Medical Diagnosis & Treatment, Identification & Tracking, Fitness Monitoring, Behavior Monitoring & Control), End-Use (Household, Commercial), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026”, by Global Market Insights, Inc., the market valuation of pet wearables will cross $12 billion by 2026.
Growing concerns toward pet health & safety coupled with rising expenditure on identification and tracking devices will drive the pet wearable market demand. The integration of advanced technologies, such as GPS-based trackers, AI, and IoT, with pet wearable devices has allowed owners to track pets’ health data based on their sleeping patterns, eating habits, and respiratory rhythm. It has also helped pet owners to add a security layer with the aid of GPS or other tracking systems.
The smart vests devices segment will experience high demand among pet owners during the forecast period. These devices are equipped with hidden video cameras and sensors, ensuring the pet’s security. The technology streams the video content when the dog barks. The feature has encouraged the adoption of these devices in stray dogs for safety and security purposes.
The identification & tracking application segment in the pet wearable market will witness substantial growth till 2026. The increasing number of incidents of lost pets has encouraged the adoption of advanced tracking devices. According to Pet Found by Internet (FBI), around two million pets are stolen each year globally. The integration of RFID technology in pet wearables allows the identification of pets by implanting a microchip under the pet’s skin.
Pet wearable market will register significant gains from the commercial end-user sector due to the emergence of modern farming. The devices are highly adopted for livestock monitoring and tracking to identify early health problems. The ability to monitor health helps in animal training by improving the performance and reducing the risks of injury. Several manufacturers are developing devices to help farm owners in tracking health metrics such as blood pressure, heart rate, temperature, and respiratory rate.
