Pet GPS Trackers Market Report 2024 (Global Edition)

Global Pet GPS Trackers Market Report 2024 Market Size Split by Pet Type Outlook: (Dogs, Cats), by Technology Outlook: (Cellular Pet GPS Tracker, Mixed or Multi-tech GPS Pet Tracker), by Offerings Out...

Pet GPS Trackers Market Report Description

We have various report editions of Pet GPS Trackers Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Pet GPS Trackers Market

There is fierce competition among the major firms fighting for market share in the pet GPS trackers market. To keep ahead of the competition, the competitive environment is characterized by ongoing innovation, product development, and strategic alliances. To draw in and keep consumers, businesses are concentrating on creating cutting-edge GPS tracking gadgets with better features, like increased accuracy, longer battery life, and compatibility with other smart devices. The rivalry in this sector has also been more fierce due to the growing emphasis on marketing and promotional efforts.

May 2024: With its proprietary AccuGuardTM technology, the most accurate GPS fence technology on the market, PetSafe introduces the first-ever portable GPS dog fence and tracking collar. Dog owners now have the choice to take this life-saving technology outside of their own yard and use the My PetSafe smartphone app to track their pets' current location in real time. (Source: https://www.prnewswire.com/news-releases/petsafe-introduces-the-worlds-safest-gps-dog-fence-and-tracker-302133932.html ) October 2022: Merck & Co., Inc. is the parent company of MSD Animal Health, which is referred to as Merck Animal Health outside of the United States and Canada. The company is launching Animo GPS, a dog activity and behavior monitor that incorporates GPS tracking into a gadget that tracks the animal's location in real time every five seconds in "Lost Dog Mode" and notifies the pet owner when the animal leaves a designated "Safe Zone" in less than 20 seconds. (Source: https://www.merck-animal-health.com/blog/2022/10/18/merck-animal-health-launches-sure-petcare-animo-gps-in-the-u-s/ ) January 2022: The most reliable GPS device in the world, Tractive, announced the release of its newest LTE GPS pet tracker, which is specifically made for cats. The United States leads the world in cat ownership, and this most recent gadget geared toward cats is introduced in North America. (Source: https://tractive.com/blog/en/press/tractive-introduces-new-lte-gps-cat-tracker?srsltid=AfmBOoobM2_fXBTP7q3gFN6VXG3m1sKtjFQWt5jIBwTZqYZ21f960Ze1 )

Top Companies Market Share in Pet GPS Trackers Industry: (In no particular order of Rank)

• Kippy Vita
• Tabcat
• Garmin Ltd.
• FitBark Inc.
• Whistle Labs Inc.
• Pawtrack
• Findster Technologies
• Link AKC
• PetPace LLC
• Tractive
• Pod Trackers
• Gibi Technologies Inc.
• Loc8tor Ltd.
• PetFon
• Jiobit
• PetTracer
• Weenect
• Dynotag
• Pawscout
• WUF Networks Inc.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Pet GPS Trackers Market

Which Region Dominates the Pet GPS Trackers Market in 2024?

According to Cognitive Market Research, North America currently dominates the Pet GPS Trackers market, and the region is expected to have significant growth during the projected period. The high percentage of pet owners in this area and the general awareness of pet safety and health benefits the area. Furthermore, the market's expansion has been fueled by the widespread presence of significant industry players and advancements in technology. The need for GPS tracking devices is rising as more people treat their pets like members of the family, a trend known as pet humanization. Additionally, pet owners are very interested in solutions that include features like health tracking and real-time monitoring, which makes GPS devices much more appealing.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This region's drivers include a middle-class population, urbanization, and rising disposable incomes. Pet ownership has been rising dramatically in nations like China and India, where more people are now purchasing pet care supplies. GPS trackers will be available to a far wider audience base thanks to the thriving e-commerce industries in each of these nations. The need for GPS monitoring solutions in the area has been fueled by advancements in technology as well as growing awareness of the safety and health of pets.

The current report Scope analyzes Pet GPS Trackers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Pet GPS Trackers

According to Cognitive Market Research, the global Pet GPS Trackers market size was estimated at USD 135.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 54.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 119.6% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Pet GPS Trackers market with a market size of USD 42.76 million in 2024 and is projected to grow at a CAGR of 18.2% during the forecast period driven by a high percentage of pet owners, a tech-savvy clientele, and a commitment to pet safety.
• The Canada Pet GPS Trackers market had a market share of USD 6.50 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period because of rising pet safety awareness, the advantages of GPS tracking systems, and the growing middle class.
• The Mexico Pet GPS Trackers market is projected to witness growth at a CAGR of 18.9% during the forecast period, with a market size of USD 4.93 million in 2024.

Europe Pet GPS Trackers

According to Cognitive Market Research, the global Pet GPS Trackers market size was estimated at USD 135.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 40.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 119.9% from 2024 to 2031.

• The United Kingdom Pet GPS Trackers market had a market share of USD 6.83 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period because of the rise in pet ownership and the expansion of the middle class.
• The France Pet GPS Trackers market is projected to witness growth at a CAGR of 17.9% during the forecast period, with a market size of USD 3.74 million in 2024.
• According to Cognitive Market Research, the German Pet GPS Trackers market size was valued at USD 8.05 million in 2024 and is projected to grow at a CAGR of 18.9% during the forecast period ascribed to the expanding trend of pet parenting, the increased emphasis on pet safety, and the rising disposable incomes.
• The Italy Pet GPS Trackers market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD 3.50 million in 2024.
• The Russia Pet GPS Trackers market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD 6.30 million in 2024.
• The Spain Pet GPS Trackers market is projected to witness growth at a CAGR of 17.8% during the forecast period with a market size of USD 3.33 million in 2024
• The Luxembourg Pet GPS Trackers market is projected to witness growth at a CAGR of 18.8% during the forecast period, with a market size of USD 1.26 million in 2024.
• The Portugal Pet GPS Trackers market is projected to witness growth at a CAGR of 18.5% during the forecast period, with a market size of USD 0.85 million in 2024.
• The Greece Pet GPS Trackers market is projected to witness growth at a CAGR of 19.0% during the forecast period, with a market size of USD 0.49 million in 2024.
• The Rest of Europe's Pet GPS Trackers market is projected to witness growth at a CAGR of 17.4% during the forecast period, with a market size of USD 6.30 million in 2024.

Asia Pacific Pet GPS Trackers

According to Cognitive Market Research, the global Pet GPS Trackers market size was estimated at USD 135.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 31.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Pet GPS Trackers market size was valued at USD 14.02 million in 2024 and is projected to grow at a CAGR of 21.7% during the forecast period because pet care items, like GPS trackers, are becoming more and more popular.
• The Japan Pet GPS Trackers market is projected to witness growth at a CAGR of 20.7% during the forecast period, with a market size of USD 4.30 million in 2024.
• The India Pet GPS Trackers market had a market share of USD 3.74 million in 2024 and is projected to grow at a CAGR of 24.0% during the forecast period because of the growing tendency of pet humanization and growing awareness of pet safety.
• The South Korean Pet GPS Trackers market is projected to witness growth at a CAGR of 21.3% during the forecast period, with a market size of USD 3.12 million in 2024.
• The Australian Pet GPS Trackers market is projected to witness growth at a CAGR of 21.9% during the forecast period, with a market size of USD 1.62 million in 2024.
• The South East Asia Pet GPS Trackers market is projected to witness growth at a CAGR of 23.2% during the forecast period, with a market size of USD 2.15 million in 2024.
• The Rest of Asia Pacific Pet GPS Trackers market is projected to witness growth at a CAGR of 22.0% during the forecast period, with a market size of USD 2.21 million in 2024.

South America Pet GPS Trackers

According to Cognitive Market Research, the global Pet GPS Trackers market size was estimated at USD 135.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 6.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Pet GPS Trackers market size was valued at USD 2.90 million in 2024 and is projected to grow at a CAGR of 20.2% during the forecast period driven by the presence of important players, high pet ownership rates, and sophisticated technology infrastructure.
• Argentina's Pet GPS Trackers market had a market share of USD 1.14 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period fueled by a dedication to pet safety, a large proportion of pet owners, and a tech-savvy customer.
• Colombia Pet GPS Trackers market is projected to witness growth at a CAGR of 19.4% during the forecast period, with a market size of USD 0.60 million in 2024.
• Peru Pet GPS Trackers market is projected to witness growth at a CAGR of 19.8% during the forecast period, with a market size of USD 0.56 million in 2024.
• Chile Pet GPS Trackers market is projected to witness growth at a CAGR of 19.9% during the forecast period, with a market size of USD 0.49 million in 2024.
• The Rest of Latin America's Pet GPS Trackers market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 1.09 million in 2024.

Middle East and Africa Pet GPS Trackers

According to Cognitive Market Research, the global Pet GPS Trackers market size was estimated at USD 135.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031..

• The GCC Countries Pet GPS Trackers market is projected to witness growth at a CAGR of 20.7% during the forecast period, with a market size of USD 1.16 million in 2024 due of the growing middle class, the benefits of GPS monitoring devices, and increased awareness of pet safety.
• The Egypt Pet GPS Trackers market is projected to witness growth at a CAGR of 20.2% during the forecast period, with a market size of USD 0.28 million in 2024.
• The South Africa Pet GPS Trackers market is projected to witness growth at a CAGR of 20.9% during the forecast period, with a market size of USD 0.43 million in 2024 due to the expansion of the middle class and the increase in pet ownership.
• The Turkey Pet GPS Trackers market is projected to witness growth at a CAGR of 19.4% during the forecast period, with a market size of USD 0.23 million in 2024.
• The Nigeria Pet GPS Trackers market is projected to witness growth at a CAGR of 19.0% during the forecast period, with a market size of USD 0.28 million in 2024.
• The Rest of the MEA Pet GPS Trackers market is projected to witness growth at a CAGR of 18.9% during the forecast period, with a market size of USD 0.32 million in 2024.

Pet GPS Trackers Market Analysis

How are Segments Performing in the Global Pet GPS Trackers Market?

Pet GPS Trackers Market Pet Type Segment Analysis

According to Cognitive Market Research, dogs category is likely to dominate the Pet GPS Trackers Market over the forecast period driven by more dog owners placing a higher priority on activity tracking and pet safety. Many dog owners use GPS trackers to monitor exercise and health parameters, as well as to keep their pets from becoming lost. Reliable GPS monitoring gadgets are becoming more and more in demand as larger dog breeds that need frequent outside activities become more popular.

The cats is the fastest-growing segment in the Pet GPS Trackers Market. More and more cat owners are using GPS trackers to keep an eye on their pets' whereabouts and make sure they're safe, especially if they go outside. This category has grown thanks in part to the development of small, lightweight GPS trackers made especially for cats. Furthermore, GPS trackers are now a viable way to ensure cats' safety in urban areas, where outside hazards are more prevalent.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Pet GPS Trackers Industry. Request a Free Sample PDF!

Pet GPS Trackers Market Technology Segment Analysis

According to Cognitive Market Research, the Cellular Pet GPS Tracker segment holds the largest share of the market because of its strong connectivity and the ability to track in real time. Pet owners looking for dependable solutions for their pets' protection are drawn to cellular trackers since they use mobile networks to deliver exact location data, even in remote places. The demand for these devices is also being driven by rising pet adoption rates and urbanization.

In the Pet GPS Trackers Market, the Mixed or Multi-tech GPS Pet Tracker has been expanding at a rapid pace driven by its adaptability and capacity to integrate several tracking technologies, including Bluetooth, Wi-Fi, and GPS. Pet owners can benefit from increased precision, better battery life, and the ability to choose between connectivity options based on the situation with this hybrid approach. Technology developments and the necessity for feature-rich devices that meet a variety of tracking requirements are driving the growing use of multi-tech solutions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Pet GPS Trackers Offerings Outlook: Segment Analysis

Pet GPS Trackers Market Offerings Segment Analysis

According to Cognitive Market Research, the Hardware Device segment holds the largest market share because to improvements in durability, battery life, and GPS technology that has been made smaller. These gadgets can accommodate pets of all sizes because they are getting lighter and more compact. Their allure is further increased by innovations like waterproof designs and real-time location monitoring capabilities. Growing pet adoption rates around the world, together with growing pet safety concerns, have increased demand for dependable GPS tracking devices.

In the Pet GPS Trackers market, the rapidly growing sector is the Software and Associated Services category propelled by the growing dependence on cloud-based platforms and smartphone apps to track pet activities. For pet owners, these services are extremely valuable because they frequently offer real-time warnings, geofencing capabilities, and health monitoring tools. Models based on subscriptions are becoming more popular and give businesses steady sources of income. Additionally, these platforms' incorporation of analytics and artificial intelligence allows for predictive insights and tailored recommendations, which raises user engagement even more.

• Hardware Device
• Software and Associated Services

Pet GPS Trackers Sales Channel Outlook: Segment Analysis

Pet GPS Trackers Market Sales Channel Segment Analysis

According to Cognitive Market Research, the Franchised Outlets segment dominates the market driven by their capacity to offer pet owners reliable brands of consistently high quality. Since their names are well-known and their services and goods are standardized, these establishments enjoy the advantages of established client loyalty and a larger market reach. Franchised stores can efficiently meet the varied needs of their clientele since they frequently have access to superior supply chain networks and marketing techniques.

Specialty Store is projected to be the fastest-growing segment in the Pet GPS Trackers market because of its specialized product offerings and emphasis on individualized customer service. Specialty shops frequently provide pet owners seeking high-end or personalized tracking systems that satisfy certain requirements, like breed-specific specifications or cutting-edge tracking technologies. These businesses thrive on offering knowledgeable counsel and customized suggestions, which builds client loyalty and confidence.

• Modern Trade
• Franchised Outlets
• Specialty Store
• Online Channel

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

Profile

I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

Author's Conclusion