According to the smart-connected pet collars market report, one driver in the market is growing demand from working individuals for pet monitoring. The US and UK register a consistent growth in employment.
According to data from the World Bank, 57.57% of the total population in the US was employed in 2010, which increased to 58.94% in 2016.
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Key players in the global smart-connected pet collars market: LINK AKC, PetPace, Scollar, Wagz, and Whistle Labs. Other Prominent Vendors in the market are: FitBark, KYON, Radio Systems, RAWR, and WÜF.
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The analysts forecast global smart-connected pet collars market to grow at a CAGR of 24.3% during the period 2017-2021.
This report covers the present scenario and the growth prospects of the global smart-connected pet collars market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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Further, the report states that one challenge in the market is growing aversion toward shock mechanism in collars. Most smart-connected pet collars have three modes of operation.
These include the beep mode, vibrate mode, and shock mode. The collars are mainly used to restrain pets from leaving specified zones and curb excessive barking.
The beep mode helps in training purposes.
List of Exhibits
Exhibit 01: Global pet accessories market 2016-2021 ($ billions)
Exhibit 02: Pet industry market in US 2016 (% share)
Exhibit 03: Key parameters for buying smart-connected pet collars
Exhibit 04: Global smart-connected pet collars market
Exhibit 05: Global smart-connected pet collars market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global smart-connected pet collars market by distribution channel 2016 and 2021 (% share of revenue)
Exhibit 08: Global smart-connected pet collars market by online distribution channel 2016-2021 ($ millions)
Exhibit 09: Global smart-connected pet collars market by offline distribution channel 2016-2021 ($ millions)
Exhibit 10: Global smart-connected pet collars market by application 2016-2021 (% share of revenue) and more..