Connect with us

Technology

Smart-Connected Pet Collars Market to Grow by USD 798.8 Million (2024-2028) Driven by Strong Owner-Pet Bonds, How AI is Transforming the Market – Technavio

Published

2 years ago

on

NEW YORK, Sept. 3, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global smart-connected pet collars market size is estimated to grow by USD 798.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 11.3% during the forecast period. Strong bond between owners and pets is driving market growth, with a trend towards product launches in global smart-connected pet collars market. However, presence of network connectivity issues poses a challenge. Key market players include Barking Labs Corp., Dogtra Co., Eureka Technology Partners LLC, Findster Technologies SA, FitBark Inc., Garmin Ltd., Gibi Technologies Inc., Loc8tor Ltd., Mars Inc., Pawscout Inc., PetPace, Pitpatpet Ltd., Radio Systems Corp., RAWR Inc., SCOLLAR Inc., SGI Venture Ltd., Smart Tracking Technologies LLC, Tractive GmbH, UbiSight Technology LLC, and Wagz Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Distribution Channel (Offline and Online), Application (Dogs and Cats), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Barking Labs Corp., Dogtra Co., Eureka Technology Partners LLC, Findster Technologies SA, FitBark Inc., Garmin Ltd., Gibi Technologies Inc., Loc8tor Ltd., Mars Inc., Pawscout Inc., PetPace, Pitpatpet Ltd., Radio Systems Corp., RAWR Inc., SCOLLAR Inc., SGI Venture Ltd., Smart Tracking Technologies LLC, Tractive GmbH, UbiSight Technology LLC, and Wagz Inc.

Key Market Trends Fueling Growth

The smart-connected pet collars market is witnessing significant growth due to the increasing number of pet owners seeking advanced solutions for their furry friends. Vendors are capitalizing on this trend by introducing new and innovative products. In July 2021, Whistle launched the Whistle Switch Smart collar, offering pet owners real-time health and fitness monitoring in addition to location tracking. Halo Collar followed suit in July 2022 with a GPS-enabled dog collar that enables setting up a wireless fence via a smartphone app and tracking a dog’s whereabouts and exercise habits. These product launches expand consumer options and are anticipated to fuel the expansion of the global smart-connected pet collars market. 

The Smart-Connected Pet Collars market is experiencing significant growth due to increasing expendable income and consumer consciousness towards pet care. These collars, equipped with sensors for tracking animal illnesses, are transforming into multi-purpose tools. New technology includes GPS trackers, temperature sensors, and buzzers for safe zones. Companies like Tractive and FitBark lead the market with their innovative devices. Customization and emotional attachment to pets are driving demand for these collars. Health features, such as training activity tracking and LED displays, provide valuable information and alerts to pet owners. Traditional collars are being replaced by these smart devices, utilizing Wi-Fi, Bluetooth, and smartphone connectivity. The market is expected to continue developing, offering pet owners peace of mind and improved pet care. 

Discover a Comprehensive 360° Market Analysis: Understand the Impact of AI. For detailed information- Request Sample!

Market Challenges

Smart-connected pet collars have gained popularity due to their advanced features, enabling pet owners to monitor their pets’ location and health in real-time. These collars primarily use 3G/4G connectivity for location tracking. However, some vendors offer Wi-Fi modems for location tracing without a network. While convenient, Wi-Fi routers have limitations, such as decreased bandwidth and limited availability for one user. SCOLLAR, a leading manufacturer, offers a Wi-Fi base station that turns off the GPS signal when the pet is within range, increasing battery life. Despite these advantages, challenges persist. Smart-connected pet collars require high-speed networks for effective location sharing, and network connectivity issues can cause device malfunctions. Additionally, poor signals can lead to heating issues, potentially impacting market growth during the forecast period.The Smart-Connected Pet Collar market is growing rapidly as more pet owners seek advanced solutions for monitoring their pets’ location, health, and training activities. Devices like PetPace, Scollar, Wagz, Whistle Labs, FitBark, and Radio Systems use Bluetooth, Wi-Fi, and GPS technology to provide real-time information and alerts via smartphones. Traditional collars are becoming obsolete as these multi-purpose tools offer health features, pet control, and pet monitoring. Challenges for this market include the need for strong Wi-Fi and Bluetooth connections, ensuring compatibility with various smartphone models, and integrating various sensors and technologies into a compact device. Working individuals with hectic lifestyles and long working hours are the primary target audience, as they often struggle to provide adequate care for their dogs and cats. Organic growth strategies, such as patents and events, and inorganic growth strategies, such as partnerships and acquisitions, are being employed by key players to expand their market share. The pet wearable industry is expected to grow significantly due to the increasing spending power of pet owners and the importance of animal welfare. Smart-connected collars are transforming the way employed people manage their pets, offering peace of mind and convenience.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This smart-connected pet collars market report extensively covers market segmentation by

Distribution Channel1.1 Offline1.2 OnlineApplication 2.1 Dogs2.2 CatsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Offline- The Smart-Connected Pet Collars market is experiencing significant growth due to increasing consumer demand for advanced pet care solutions. These collars offer features such as real-time location tracking, health monitoring, and two-way communication. Major players in the industry are investing in research and development to introduce innovative products and expand their customer base. The market is expected to continue growing due to the rising trend of pet ownership and the convenience these collars provide to pet owners.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Smart-Connected Pet Collars market is a rapidly growing segment in the pet wearable industry, leveraging technology to enhance pet care and ownership experience. These collars integrate devices such as Wi-Fi, Bluetooth, and GPS to provide real-time location tracking, training activity monitoring, and multi-purpose functionalities. Traditional collars have been upgraded to smart-connected versions, offering pet control, animal welfare, and organization benefits for pet owners. Employed pet owners with expendable income and a concern for their pet’s safety and wellbeing are driving the market’s organic growth. Events like pet shows and exhibitions serve as key platforms for showcasing these innovative collars. Patents and organizational collaborations are crucial in ensuring product uniqueness and market differentiation. Animal welfare organizations and veterinary clinics are increasingly employing smart-connected collars to monitor and manage animal illnesses using sensors. The pet control features ensure pets stay safe, while the training activity monitoring helps in maintaining their health and fitness. Overall, the market’s potential is vast, with the growing spending power of pet owners and the increasing popularity of pet wearables.

Market Research Overview

Smart-connected pet collars are innovative devices designed to enhance pet care and monitoring for pet owners with busy lifestyles. These collars use Wi-Fi and Bluetooth technology to connect with a smartphone app, allowing pet owners to track their pet’s location in real-time, monitor training activities, and receive alerts for important information. These multi-purpose tools go beyond traditional collars, offering health features such as temperature monitoring and buzzer alerts for safe zones. The pet wearable industry is experiencing organic growth strategies through study and development, with new technology and consumer consciousness driving demand. Smart-connected collars are becoming essential tools for working individuals with hectic lifestyles and hectic workplaces, providing peace of mind and ensuring the well-being of their pets. Dogs and cats are the primary beneficiaries of these smart devices, with companies like PetPace, Scollar, Wagz, Whistle Labs, FitBark, Radio Systems, and others leading the way. These collars offer pet health monitoring, animal welfare, and pet control features, making them indispensable for pet owners. The pet monitoring market is expected to grow significantly, with employed people spending more on their pets due to their emotional attachment and expendable income. Smart-connected collars are a promising area of growth, with companies investing in patents, events, and inorganic growth strategies to expand their reach and offer new features. These collars are customizable, allowing pet owners to personalize them to their pet’s unique needs and preferences. With GPS technology, pet owners can keep track of their pet’s location, ensuring their safety and security. Additionally, sensors can monitor pet actions, providing valuable insights into their health and well-being. Overall, smart-connected pet collars offer a range of benefits for pet owners and their pets, making them an essential tool for managing pet care in today’s hectic world.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlineApplicationDogsCatsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-connected-pet-collars-market-to-grow-by-usd-798-8-million-2024-2028-driven-by-strong-owner-pet-bonds-how-ai-is-transforming-the-market–technavio-302236791.html

SOURCE Technavio

Related Topics:
Continue Reading

Technology

3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

Published

53 minutes ago

on

October 19, 2026

By

ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-announces-collaboration-with-gseo-to-advance-expanded-beam-optical-manufacturing-and-development-302913170.html

SOURCE 3M Company

Continue Reading

Technology

Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

Published

53 minutes ago

on

October 19, 2026

By

NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

View original content:https://www.prnewswire.com/news-releases/scott-vicknair-personal-injury-lawyers-announces-second-annual-operation-fur-ever-home-pet-adoption-event-at-lafreniere-park-302913183.html

SOURCE Scott Vicknair Personal Injury Lawyers

Continue Reading

Technology

Can we produce low-cost omega-3s without relying on fish?

Published

53 minutes ago

on

October 19, 2026

By

GOLD COAST, Australia, Oct. 19, 2026 /PRNewswire/ — Southern Cross University researchers are aiming to halve the cost of producing omega-3 supplements to make these essential nutrients more accessible to pregnant women and infants in low-income countries, backed by the University’s first-ever grant from The Gates Foundation.

The research takes a novel approach: rather than relying on fish oil, the team is going closer to the original source of omega-3. Fish don’t produce omega-3 themselves – they accumulate it from marine microorganisms lower in the food chain.

Led by Professor Dirk Erler from Southern Cross University’s Faculty of Science and Engineering, the team is investigating how these naturally omega-3-producing microorganisms can be grown more cheaply through precision fermentation, including the use of agricultural and food-processing by-products as a source of fermentation sugar.

Omega-3 is an important nutrient during pregnancy and early life, supporting brain and nervous system development in babies. But the cost of supplements remains a significant barrier to access in many low-income countries.

“The main barrier for the uptake of omega-3s as supplements in pregnant women is the cost,” Professor Erler said.

“The whole objective of our project is to reduce that cost and make omega-3 supplements more available.”

The research team at Southern Cross University, which includes biomedical scientist Dr Nedeljka Rosic, Dr Shane McIntosh, postdoctoral researcher Dr Jasmine Haskell and PhD researcher Michael Ingram, is focused on growing omega-3-producing marine microorganisms known as thraustochytrids – or ‘throstys’ for short.

“By growing those microorganisms on land through precision fermentation, we have an alternative way of producing omega-3s that is both reliable and highly targeted,” Professor Erler said.

Precision fermentation allows the researchers to grow thraustochytrids under controlled conditions to produce omega-3 oils. The team is investigating whether expensive feedstocks used in the process can be replaced with lower-cost agricultural and food-processing by-products, helping drive down the overall cost of production.

The approach could also reduce reliance on wild-caught fish as a source of omega-3 oil and create a more reliable, scalable, and local supply.

For biomedical scientist Dr Nedeljka Rosic, the production challenge is ultimately about what greater access to omega-3 could mean for women and babies.

“As a biomedical scientist, my purpose is to find ways to use science to improve people’s health,” Dr Rosic said.

“This project is important because it aims to improve the health of pregnant women and children and reduce preterm births through simple dietary improvements.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/can-we-produce-low-cost-omega-3s-without-relying-on-fish-302893631.html

SOURCE Southern Cross University

Continue Reading

Trending