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global-research-report · 1 hour ago

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Player Tracking Systems: Enhancing Sports Analytics and Performance

The global player tracking system market size is estimated to reach USD 20.44 billion by 2030, expanding at a CAGR of 20.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The continued emphasis of the coaching staff of prominent teams on tracking and enhancing the performance of players is expected to drive the growth of the market. Efforts aimed at preventing injuries to players are also necessitating the use of an appropriate player tracking system, thereby contributing to the growth of the market.

GPS-based tracking systems are expected to witness a high rate of adoption over the forecast period. The ease of installation, affordability, and availability are increasingly encouraging various sports teams to utilize GPS-based tracking systems for practice sessions as well as during tournaments. Many colleges and universities have started using GPS trackers for their football and rugby teams owing to similar reasons. For instance, Baylor University from Texas, University of Oregon, University of North Carolina, and Vanderbilt University from Nashville are some of the educational institutes in the U.S. that are using GPS trackers to monitor the performance of their players.

Asia Pacific is emerging as one of the promising regional markets for player tracking system companies. Several sports leagues in the region are increasingly adopting different kinds of tracking systems for players. For instance, the Board of Control for Cricket in India (BCCI) had signed a deal with STATSport Group, asports tech company based in the U.K., to implement a GPS-based player tracking system for the Indian cricket team ahead of the ICC Cricket World Cup 2019 to measure physical metrics of individual players.

However, the market is getting highly competitive as new entrants are foraying into the market with innovative and customized products. For instance, Gpexe System and Catapult Sports have launched wireless charging GPS trackers for players. These devices can be paired with smartphones to track the players in real time using dedicated apps. Moreover, market players are also forming strategic alliances with sports teams to gain a competitive advantage in the market. For instance, in March 2019, Sonda Sports announced a collaboration with Lions Rugby Co., a South African rugby team, to provide GPS tracking system. Similarly, in April 2019, Kinexon partnered with Brose Bamberg, a German basketball team from Bamberg, North Bavaria, to provide a sports tracking system.

Player Tracking System Market Report Highlights

The services segment is expected to exhibit the highest CAGR over the forecast period owing to the growing demand for application-based monitoring systems.

The wearables segment is expected to register a high growth rate owing to the affordability and easy availability of GPS trackers.

The team sports segment is expected to exhibit the highest CAGR owing to the continued adoption of latest tracking technologies.

The Asia Pacific region is expected to advance at the fastest CAGR from 2025 to 2030 owing to the continued rollout of high-speed internet networks and proliferation of smart devices in the sports industry.

Some of the prominent players of player tracking system market include ChyronHego Corporation, Stats LLC, STATSports Group, and SPT Group Pty Ltd., among others.

Player Tracking System Market Segmentation

Grand View Research has segmented the global player tracking system market based on offering, technology, end use, and region:

Player Tracking System Offering Outlook (Revenue, USD Million, 2018 - 2030)

Solution

Services

Player Tracking System Technology Outlook (Revenue, USD Million, 2018 - 2030)

Optical

Wearable

Industrial

Satellite

Others

Player Tracking System End Use Outlook (Revenue, USD Million, 2018 - 2030)

Individual Sports

Tennis

Golf

Others

Team Sports

Football

Basketball

Rugby

Others

Player Tracking System Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Asia Pacific

China

Japan

India

South Korea

Australia

Latin America

Brazil

Middle East & Africa

Saudi Arabia

South Africa

UAE

Order a free sample PDF of the Player Tracking System Market Intelligence Study, published by Grand View Research.

#Player Tracking System Market

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riya2510 · 3 days ago

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Wireless Connectivity Market Set to Expand with Key Technological Advancements and Rising Demand Across Industries

Wireless Connectivity Market Opportunities, Size, Demand and Sales by 2032

The global Wireless Connectivity Market is undergoing rapid growth, with a projected valuation of USD 236.52 billion by 2032. The market, valued at USD 80.05 billion in 2023, is forecasted to expand from USD 90.29 billion in 2024, registering a compound annual growth rate (CAGR) of 12.8% during the forecast period from 2024 to 2032. This growth is attributed to the increasing demand for seamless, high-speed, and reliable wireless communication across multiple industries, driven by technological advancements and the rise of connected devices.

Catalysts for Expansion

Several key factors are fueling the expansion of the wireless connectivity market. The proliferation of Internet of Things (IoT) devices, the shift toward 5G networks, and the growing need for reliable wireless communication in sectors such as automotive, healthcare, and industrial automation are among the primary drivers. Additionally, advancements in technologies like Wi-Fi 6, Bluetooth 5.0, and ultra-wideband (UWB) are enhancing the performance, security, and coverage of wireless networks, making them more appealing to both businesses and consumers.

Request a Free Sample (Free Executive Summary at Full Report Starting from USD 1850): https://straitsresearch.com/report/wireless-connectivity-market/request-sample

The widespread adoption of wireless connectivity technologies is not only simplifying the digital transformation process for enterprises but also enabling smart homes, autonomous vehicles, and wearable health monitoring devices. As wireless technology continues to evolve, it is expected to revolutionize industries and enhance overall connectivity worldwide.

Wireless Connectivity Market Segment Breakdown

The wireless connectivity market is segmented by technology, network type, and end-user. Below is an overview of these segments:

By Technology:

Bluetooth: A major player in the short-range wireless communication space, especially for personal devices, wearables, and home automation.

Wi-Fi: Widely used for internet access, Wi-Fi is a core technology in both residential and commercial applications.

Ultra-Wide Band (UWB): A highly precise technology used in applications like indoor positioning systems and asset tracking.

Near Field Communication (NFC): Used for contactless payments and data exchange in consumer electronics and mobile devices.

Cellular: Essential for mobile communication, including 4G, 5G, and upcoming 6G technologies.

Zigbee: A low-power, short-range communication standard used in smart home devices and automation systems.

GPS: Integral for location tracking and navigation systems in automotive and mobile applications.

Others: Other emerging wireless technologies such as LoRaWAN and RFID.

By Network Type:

Wireless Wide Area Network (WWAN): Used for large-scale communication over long distances, including cellular networks.

Wireless Personal Area Network (WPAN): Focuses on short-range communication for personal devices like smartphones, wearables, and laptops.

Wireless Local Area Network (WLAN): Facilitates communication within a localized area, typically in office buildings, homes, or campuses.

By End-User:

Automotive and Transportation: Enabling smart vehicles, connected cars, and vehicle-to-everything (V2X) communication.

Building Automation: Powering smart buildings, energy-efficient lighting, and HVAC systems.

Consumer Electronics and Wearables: Providing wireless connectivity for gadgets such as smartphones, laptops, smartwatches, and fitness trackers.

Energy and Utilities: Supporting smart grids, remote monitoring, and energy-efficient systems.

Healthcare: Enabling telemedicine, remote patient monitoring, and medical device connectivity.

Industrial: Supporting automation, predictive maintenance, and industrial IoT (IIoT) applications.

IT and Telecom: Essential for data transmission and communication infrastructure.

Others: Other sectors such as retail and logistics are also seeing increasing wireless connectivity adoption.Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/wireless-connectivity-market/segmentation

Top Performing Companies in the Wireless Connectivity Market

Several companies are leading the charge in the wireless connectivity market, each contributing to innovation and expansion across various technologies. Among the top-performing companies are:

Intel Corporation

Qualcomm Inc.

NXP Semiconductors N.V.

STMicroelectronics

Texas Instruments Inc.

Microchip Technology Inc.

MediaTek Inc.

Cypress Semiconductor Corporation

Broadcom Inc.

EnOcean GmbH

NEXCOM International Co. Ltd.

Skyworks Solutions Inc.

Murata Manufacturing Co. Ltd.

Marvell Technology Group

These companies play a crucial role in developing and providing cutting-edge wireless connectivity solutions, from chipsets and semiconductors to complete communication modules and systems. Their ongoing innovations in areas like 5G, Wi-Fi 6, and Bluetooth technologies ensure the continued growth and transformation of the market.

Emerging Prospects in Wireless Connectivity

As the demand for wireless connectivity intensifies, several emerging prospects are reshaping the industry landscape. Notably, the rollout of 5G technology is expected to provide faster, more reliable connectivity, fostering the growth of IoT and enabling new applications in areas such as autonomous vehicles, augmented reality (AR), and virtual reality (VR). Moreover, the rise of edge computing and cloud-based applications is generating a need for more efficient and scalable wireless infrastructure.

The increasing popularity of smart homes and smart cities is also driving wireless connectivity solutions, creating opportunities for businesses that offer seamless, secure, and high-speed connections. Furthermore, industries like healthcare and manufacturing are increasingly adopting wireless technologies for remote monitoring, automation, and data exchange, opening new avenues for growth.

Buy Full Report (Exclusive Insights with In-Depth Data Supplement): https://straitsresearch.com/buy-now/wireless-connectivity-market

Industry Movements

The wireless connectivity market is witnessing significant industry movements, including strategic partnerships, mergers and acquisitions, and new product launches. For instance, the ongoing development of Wi-Fi 6 and Wi-Fi 6E technologies is enhancing network capacity and reducing latency, creating opportunities for businesses to provide high-performance solutions. Additionally, the integration of AI and machine learning with wireless communication systems is enabling smarter, more adaptive networks that can better handle the increasing volume of connected devices.

Geographic Analysis

Geographically, North America and Europe are dominant markets for wireless connectivity, driven by advanced infrastructure, early adoption of new technologies, and strong demand from end-user industries like automotive, healthcare, and IT. However, the Asia-Pacific region is expected to witness the highest growth during the forecast period, fueled by rapid industrialization, the rise of smart cities, and the growing adoption of IoT devices.

Data Insights

Straits Research provides comprehensive insights into the wireless connectivity market, including data on current trends, opportunities, and challenges facing the industry. The data reflects key developments and market dynamics, helping businesses and stakeholders make informed decisions about market expansion and innovation.

Table of Contents for the Wireless Connectivity Market Report: https://straitsresearch.com/report/wireless-connectivity-market/toc

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tamanna31 · 3 months ago

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Sports Analytics Market Growing Stupendously

Sports Analytics Industry Overview

The global sports analytics market size was estimated to be USD 3.52 billion in 2023 and is projected to grow at a CAGR of 21.5% from 2024 to 2030. The market growth can be attributed to the growing significance of analytics solutions for analyzing team performance, tracking individual players, monitoring injuries, and optimizing training programs. The market is further expanding due to the increasing number of sports leagues as well as national and international sports events across the globe.

Gather more insights about the market drivers, restrains and growth of the Sports Analytics Market

The proliferation of wearable technology and sensors has enabled the real-time tracking of athletes, providing a large volume of data on their movements, physiological metrics, and overall performance. This granular information not only aids coaches and sports scientists in optimizing training regimens but also assists teams in making informed decisions during games. Furthermore, the market has become integral to fan engagement, with teams leveraging data to enhance the spectator experience through personalized content, interactive applications, and augmented reality experiences.

Technology providers have developed a HANS device, a U-shaped device located behind the neck. This device is built from composite material and consists of two major parts. One is helmet support, and the other is neck and shoulder support. The device prevents the head from flogging backward and forward in a crash while also preventing excessive twisting movements. Furthermore, technology providers have integrated sports equipment such as golf and cricket balls with GPS technology to capture real-time tracking and transfer the data to mobile phones. The GPS helps to automatically keep score and determine the strengths and weaknesses of players. For instance, the GPS chip located in the golf ball can keep track of the shot's height, shot tracking, and golf ball location and synchronize the data to the application in the mobile phone.

The need for precision in decision-making is the key driver propelling the growth of the market. With the advent of advanced tracking technologies and the widespread use of wearables, teams can now capture intricate details about player movements, fitness levels, and physiological data in real-time. The availability of this information empowers coaches and sports scientists to make informed decisions regarding training regimens, injury prevention strategies, and in-game tactics. The precision offered by sports analytics not only enhances the overall performance of athletes but also contributes to the collective success of teams by identifying patterns and trends that might go unnoticed through traditional methods. For instance, in February 2022, Oracle Corporation and Red Bull Racing entered a partnership and formed a new team called Oracle Red Bull Racing. The team utilized Oracle Cloud’s analytics and optimized technology to enhance training and fan experience.

The market is undergoing a transformative shift as there is an increasing focus on engaging fans at stadiums. Traditionally, the in-stadium experience revolved around the live action on the field, but the integration of advanced analytics is reshaping the way fans interact with their favorite sports. Teams and venues are leveraging analytics to create a more immersive and personalized experience for spectators. This shift is not only enhancing fan engagement but also providing teams and sponsors with valuable insights into fan behavior and preferences.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global 3D printed drones market size was estimated at USD 614.3 million in 2023 and is projected to grow at a CAGR of 18.9% from 2024 to 2030. The growing advancements in additive manufacturing technologies are driving the market growth.

• The global drone warfare market size was estimated at USD 21.30 billion in 2023 and is expected to grow at a CAGR of 9.7% from 2024 to 2030. The surge in global military spending is a primary market driver.

Sports Analytics Market Segmentation

Grand View Research has segmented the global sports analytics market based on component, analysis, sports, end-use, and region:

Sports Analytics Component Outlook (Revenue, USD Million; 2018 - 2030) • Software • Services

Sports Analytics Analysis Outlook (Revenue, USD Million; 2018 - 2030) • On-Field o Player & Team Analysis o Video Analysis o Health Assessment • Off-Field o Fan Engagement o Ticket Pricing

Sports Analytics Sports Outlook (Revenue, USD Million; 2018 - 2030) • Football • Cricket • Baseball • Basketball • Rugby • Others

Sports Analytics End-use Outlook (Revenue, USD Million; 2018 - 2030) • Sports Team • Sports Leagues/Associations • Individual Players/Coaches • Media Organization • Sports Betting • Others

Sports Analytics Region Outlook (Revenue, USD Million; 2018 - 2030) • North America o US o Canada • Europe o UK o Germany o France o Italy o Spain • Asia Pacific o China o Japan o India o South Korea • Latin America o Brazil o Mexico • Middle East & Africa o UAE o Saudi Arabia o South Africa

Order a free sample PDF of the Sports Analytics Market Intelligence Study, published by Grand View Research.

Key Companies profiled: • Agile Sports Analytics LLC • Catapult Group International Ltd. • ChyroHego Corporation • Deltatre S.p.A. • Experfy, Inc. • Genius Sports Group • International Business Machine (IBM) Corporation • Oracle Corporation • SAP SE • Arecont Vision Coaster LLC • The Sportradar Group • Stats LLC

Key Sports Analytics Company Insights

• Oracle Corporation specializes in developing and marketing database software and technology, cloud-engineered systems, and enterprise software products. The company provides a comprehensive suite of products for sports analytics that enables teams to harness the power of data for strategic decision-making, performance optimization, fan engagement, and revenue generation.

• SAS Institute Inc. specializes in business intelligence, predictive and advanced analytics, software applications, and data visualization offerings. The company provides solutions for advanced analytics, AI, ML, data management, fraud & security, IoT, and operationalizing analytics, among others.

• Agile Sports Analytics LLC enable sports teams and organizations to make data-driven decisions quickly and efficiently. The company’s technology is designed to process and analyze large volumes of sports data, providing insights into player performance, game strategies, and health management.

• Experfy Inc. transform sports data in an easily interpreted and utilized manner. The company harnesses big data and AI technologies to offer innovative solutions that empower sports organizations, teams, and broadcasters with actionable insights. Its services range from performance analysis and player health monitoring to fan engagement strategies, ensuring a comprehensive approach to sports analytics.

Recent Developments

• In January 2024, Sportradar AG launched FanID, a new platform that delivers personalized marketing by combining a data clean room and the company’s marketing activation technology to connect rightsholders and brands. By utilizing FanID, brands can gain access to official sports data and Intellectual Property (IP) from rightsholders, enabling them to create engaging and authentic marketing initiatives.

• In March 2023, Deltatre S.p.A. partnered with Major League Soccer (MLS) and Sportec Solutions, under which it would produce advanced data feeds from every MLS match. These enhanced data feeds would provide fans watching MLS games on MLS Season Pass, a steaming service offered on the Apple TV app, with more engaging information. The feeds are likely to play a key role in fostering the league's growth, both on and off the field.

• In December 2023, Genius Sports Group launched its new and innovative identification solution, FanHub ID. This privacy-compliant solution utilizes proprietary online and offline data signals to construct fan-based profiles. It provides marketers and content owners with fresh opportunities to reach effectively, and measure engaged sports audiences on a large scale.

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amrutatbrc1 · 3 months ago

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Refrigerated Warehousing And Storage Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies

The refrigerated warehousing and storage global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Refrigerated Warehousing And Storage Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The refrigerated warehousing and storage market size has grown strongly in recent years. It will grow from $172.31 billion in 2023 to $187.87 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to globalization of the food supply chain, consumer demand for fresh products, e-commerce and online grocery shopping, pharmaceutical supply chain requirements.

The refrigerated warehousing and storage market size is expected to see strong growth in the next few years. It will grow to $262.9 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to population growth and urbanization, sustainability and energy efficiency, economic growth in emerging markets, climate change and extreme weather events. Major trends in the forecast period include technology integration, energy efficiency and sustainability, e-commerce and last-mile delivery, cold storage for e-pharmacies.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - Warehouses are increasingly using mobile technologies to efficiently monitor warehouse operations. Mobile technology includes the use of tablets, smartphones, mobile printers, and other handheld devices for communication and information. These devices make use of GPS, RFID, VoIP, digital imaging, and voice technology. Technicians operating forklifts and automated material handling equipment in a warehouse are using mobile technologies to obtain information on troubleshooting, repairs, and work orders. This gives warehouse managers access to equipment status and performance reports and enables them to track warehouse operations around the clock. Wearable technology such as smart glasses is being integrated with warehouse management systems to improve hands-free mobility for workers. According to a report by MHI, a material handling, logistics, and supply chain association, 22% of the respondents use mobile technologies in warehouses, and the adoption rate is expected to reach 45% in the next two years.

The refrigerated warehousing and storage market covered in this report is segmented –

1) By Type: Cold Storage, Frozen Storage 2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses 3) By Application: Fruits and Vegetables, Bakery and Confectionery, Milk and Dairy Products, Meat, Seafood, Beverages, Other Applications

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Regional Insights - Asia-Pacific was the largest region in the refrigerated warehousing and storage market in 2023. North America was the second largest region in the refrigerated warehousing and storage market. The regions covered in the refrigerated warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Key Companies - Major companies operating in the refrigerated warehousing and storage market include AmeriCold Logistics, Nichirei Corporation, Lineage Logistics Holdings LLC, Henningsen Cold Storage Co., Burris Logistics, Toyo Suisan Kaisha Ltd., Agro Merchants North America Holdings LLC, Nippon Suisan Kaisha Ltd., Snowman Logistics Ltd., Lineage Logistics, Americold Reality Trust Inc., United States Cold Storage Inc., NewCold Cooperatief U.A., Nichirei Logistics Group Inc., Emergent Cold LatAm Management LLC, Interstate Warehousing Inc., Frialsa Frigorificos S.A. De C.V., Constellation Cold Logistics, Superfrio Logistica Frigorificada, FreezPak Logistics, Conestoga Cold Storage Limited, Congebec Logistics Inc., METCOLD Supply Network Management Limited, RLS Logistics, Friozem Armazens Frigorificos Ltda., Magnavale Ltd., Confederation Freezers, Trenton Cold Storage Inc., Nor-Am Cold Storage, Burris Logistics, Agri-Norcold A/S, Vertical Cold Storage, ColdPoint Logistics, Hanson Logistics Ltd., Cloverleaf Cold Storage Co., Henningsen Cold Storage Co., Gruppo Marconi Logistica Integrata, Zero Mountain Inc.

Table of Contents 1. Executive Summary 2. Refrigerated Warehousing And Storage Market Report Structure 3. Refrigerated Warehousing And Storage Market Trends And Strategies 4. Refrigerated Warehousing And Storage Market – Macro Economic Scenario 5. Refrigerated Warehousing And Storage Market Size And Growth ….. 27. Refrigerated Warehousing And Storage Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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credenceresearchdotblog · 6 months ago

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The search, detection and navigation instruments market is projected to witness substantial growth, with its value expected to surge from USD 298,422.51 million in 2024 to USD 505,127.32 million by 2032, reflecting a notable CAGR of 6.8%. The Search, Detection, and Navigation Instruments Market encompasses a diverse range of devices and systems designed to locate, identify, and guide various objects and entities. These instruments are pivotal in sectors such as defense, aviation, maritime, space exploration, and even in consumer electronics. This article delves into the current state, driving factors, and future prospects of this dynamic market.

Browse the full report at https://www.credenceresearch.com/report/search-detection-and-navigation-instruments-market

Market Overview

The global search, detection, and navigation instruments market is experiencing robust growth, driven by technological advancements and increasing demand across multiple sectors. These instruments include radar systems, sonar devices, Global Positioning Systems (GPS), and various other sensors and navigation aids.

Key Market Drivers

1. Technological Advancements: Continuous innovations in sensor technology, artificial intelligence (AI), and machine learning (ML) are significantly enhancing the capabilities of search, detection, and navigation instruments. Advanced radar and sonar systems offer higher accuracy and better resolution, while AI and ML enable more efficient data processing and analysis.

2. Military and Defense Needs: The defense sector remains one of the largest consumers of search, detection, and navigation instruments. Nations worldwide are investing heavily in upgrading their defense systems, including sophisticated radar and GPS technologies, to enhance national security and surveillance capabilities.

3. Aviation and Maritime Applications: In aviation, these instruments are crucial for air traffic management, navigation, and ensuring flight safety. Similarly, in the maritime sector, they play a vital role in navigation, collision avoidance, and underwater exploration.

4. Space Exploration: The increasing number of space missions and satellite launches necessitates advanced navigation and detection instruments. These tools are essential for tracking space debris, guiding spacecraft, and ensuring successful mission outcomes.

5. Consumer Electronics: The integration of GPS and other navigation technologies in smartphones, wearable devices, and automobiles has expanded the market. The growing demand for location-based services and applications is further propelling this segment.

Market Segmentation

The search, detection, and navigation instruments market can be segmented based on technology, application, and geography.

1. By Technology: - Radar Systems: Utilized extensively in defense, aviation, and meteorology for detecting and tracking objects. - Sonar Systems: Predominantly used in maritime applications for underwater detection and navigation. - GPS and GNSS: Essential for navigation in aviation, maritime, automotive, and consumer electronics. - Inertial Navigation Systems (INS): Used where GPS signals are weak or unavailable, such as in submarines and spacecraft.

2. By Application: - Defense and Military - Aviation - Maritime - Space Exploration - Automotive - Consumer Electronics

3. By Geography: - North America: Leading the market due to significant defense expenditure and technological advancements. - Europe: Strong presence in aviation and maritime sectors. - Asia-Pacific: Rapid growth driven by increasing defense budgets and advancements in consumer electronics. - Rest of the World: Steady growth with a focus on improving defense and navigation infrastructure.

Market Challenges

Despite the positive growth trajectory, the market faces several challenges:

1. High Costs: The development and deployment of advanced search, detection, and navigation instruments involve substantial costs, which can be a barrier for smaller organizations and emerging economies.

2. Regulatory Hurdles: Strict regulations and compliance requirements in different regions can impede market growth and innovation.

3. Technological Limitations: While advancements are ongoing, certain technological limitations, such as signal interference and data accuracy issues, still pose challenges.

4. Cybersecurity Threats: With the increasing reliance on digital and connected systems, the threat of cyber-attacks on navigation and detection instruments is a growing concern.

Future Outlook

The future of the search, detection, and navigation instruments market looks promising, with several trends set to shape its growth:

1. Integration of AI and ML: The use of AI and ML for data processing, predictive analysis, and autonomous navigation is expected to revolutionize the market.

2. Miniaturization and Portability: Advances in microelectronics are leading to smaller, more portable instruments, broadening their application scope.

3. Collaborations and Partnerships: Increased collaborations between private companies, governments, and research institutions will drive innovation and development.

4. Sustainability Initiatives: Growing focus on sustainable technologies and practices will influence the design and manufacturing of these instruments.

Key Players

BAE Systems PLC

Leonardo S.p.A

Raytheon

Thales Group

United Technologies Corp.

Agilent Technologies

Honeywell International Inc.

Northrop Grumman Corporation

Moog Inc.

Garmin International Inc.

Group North America Inc.

Smiths

Ultra Electronics Holdings PLC

Elbit Systems Ltd.

NovAtel Inc.

Kratos Defense & Security Solutions Inc.

Segments:

By Type:

Compasses

Aeronautical and Space Navigation Instruments

Nautical Navigation Instruments

Radio Navigational Aid Apparatus

By Technology:

Radio Frequency Identification based (RFID)

Cellular

Network

Bluetooth

Remote Sensing Services

Real Time Kinetic

Other Technologies

By Application

Marine

Aviation

Military

Other Applications

By Region

North America

Canada

Mexico

Europe

Germany

France

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Rest of Asia Pacific

Latin America, the Middle East, and Africa

Middle East

Africa

South America

About Us:

Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

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Email: [email protected]

#Navigation

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twbcx · 7 months ago

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Vet2Trade Business Report: Comparison of the key trends and players in India and the US – by Rakesh Shukla, vet2trade.market

Executive Summary

The veterinary market is segmented into several primary categories, including companion animals, livestock, and various services like diagnostics, therapeutics, and pet food. This report details these segments and examines the differences in the Indian and US markets in terms of segmentation, relative size, growth, and trends. Key trends such as technological advancements, drug developments, and healthcare improvements are highlighted. This report also provides a granular analysis of urban vs. rural areas within each country and identifies major players in the industry, especially those operating in both India and the US.

Primary Segments in the Veterinary Market

1. Companion Animals

● Diagnostics: Includes diagnostic imaging, blood tests, and genetic testing.

● Therapeutics: Encompasses medications and treatments for diseases and conditions.

● Pet Food: Nutritional products tailored for various breeds and health conditions.

● Services: Routine check-ups, vaccinations, and emergency care.

2. Livestock

● Diagnostics: Disease testing and monitoring.

● Therapeutics: Veterinary drugs and vaccines for disease prevention and treatment.

● Nutrition: Feed supplements and nutritional products to enhance productivity and health.

● Services: Breeding, health monitoring, and surgical procedures.

Comparison of Veterinary Markets: India vs. US

Market Size and Growth

● US Market:

● The US veterinary market is one of the largest globally, with a market size of approximately $45 billion in 2023, growing at a CAGR of 5% over the past five years.

● The companion animal segment dominates, driven by high pet ownership rates and significant spending on pet healthcare and wellness.

● Indian Market:

● The Indian veterinary market is smaller but rapidly growing, with a market size of about $1.4 billion in 2023, and a higher CAGR of 8% over the past five years.

● The livestock segment is more prominent due to the agrarian economy and reliance on livestock for income.

Granular Analysis

● Urban vs. Rural:

● US: Urban areas show higher expenditure on companion animals with a focus on advanced diagnostics and therapeutics. Rural areas focus more on livestock services.

● India: Urban regions are seeing increasing pet ownership and related services, but rural areas still largely depend on livestock veterinary services for economic reasons.

Trends

1. Technological Advancements:

● US:

● Telemedicine: Companies like Fuzzy Pet Health and PetDesk are providing telehealth services, enabling pet owners to consult veterinarians remotely, enhancing access to veterinary care.

● AI-driven Diagnostics: Firms like SignalPET use artificial intelligence to interpret radiographs, improving diagnostic accuracy and speed.

● Wearable Health Monitoring Devices: Products like the Whistle GPS Pet Tracker and FitBark monitor pet activity and health metrics, providing real-time data to veterinarians and pet owners.

● India:

● Telemedicine: Platforms such as Practo and VetnCare offer teleconsultation services, particularly beneficial in remote areas where veterinary facilities are scarce.

● Mobile Apps: PetKonnect and Woofwoofnow provide veterinary consultation, health tracking, and service bookings, making veterinary care more accessible to urban pet owners.

2. Drug Developments:

● US:

● Biologics: Zoetis’ Cytopoint, a monoclonal antibody therapy, provides targeted treatment for canine atopic dermatitis, representing a shift towards precision medicine in veterinary care.

● Novel Therapies: Elanco’s Galliprant, a non-steroidal anti-inflammatory drug (NSAID), offers an innovative approach to managing canine osteoarthritis with fewer side effects compared to traditional NSAIDs.

● India:

● Affordable Generics: Companies like Hester Biosciences focus on producing cost-effective generic vaccines and medications for livestock, such as Hester’s ND+IB vaccine for poultry.

● Veterinary Vaccines: Indian Immunologicals Limited (IIL) has developed Raksha Ovac, a vaccine for ovine footrot, addressing a significant health issue in sheep farming.

3. Healthcare Improvements:

● US:

● Specialized Veterinary Practices: The rise of specialty clinics like VCA Animal Hospitals and BluePearl Veterinary Partners, which offer advanced services such as oncology, cardiology, and neurology, reflects a trend towards specialized and comprehensive pet healthcare.

● Wellness Programs: Companies like Banfield Pet Hospital offer Optimum Wellness Plans, which include preventive care, vaccinations, and routine health checks, promoting proactive health management for pets.

● India:

● Advanced Treatments: Veterinary hospitals like Cessna Lifeline in Bangalore provide state-of-the-art treatments including endoscopy, orthopedic surgeries, and critical care, bringing advanced veterinary services to urban pet owners.

● Preventive Care: NGOs and veterinary organizations are increasingly focusing on preventive care programs, such as regular vaccination drives and health camps for livestock in rural areas, improving overall animal health and productivity.

Key Players in the Veterinary Market

Zoetis Inc.

● Market Share: Zoetis is the largest global player in animal health with a significant market share.

● Technical Differentiators: Leading in research and development with innovative vaccines, parasiticides, and diagnostic products.

● Key Market Segments: Companion animals and livestock.

● Product Brands:

● Companion Animals: Simparica Trio (parasiticide), Cytopoint (atopic dermatitis treatment).

● Livestock: Draxxin (antibiotic), Excede (antibiotic).

2. IDEXX Laboratories

● Market Share: A major player in veterinary diagnostics.

● Technical Differentiators: Cutting-edge diagnostic technology and software solutions.

● Key Market Segments: Companion animals.

● Product Brands:

● Diagnostics: Catalyst One (chemistry analyzer), SNAP tests (rapid diagnostic tests).

3. Boehringer Ingelheim

● Market Share: Significant global presence in animal health.

● Technical Differentiators: Strong focus on vaccines and therapeutics, innovative R&D.

● Key Market Segments: Companion animals, livestock, poultry.

● Product Brands:

● Companion Animals: NexGard (parasiticide), Heartgard (heartworm prevention).

● Livestock: Ingelvac (swine vaccines), Bovikalc (cattle supplement).

India

1. Hester Biosciences

● Market Share: Leading in the poultry vaccine market in India.

● Technical Differentiators: Extensive vaccine production capabilities, focus on affordability.

● Key Market Segments: Poultry, livestock.

● Product Brands:

● Poultry: Hester ND+IB (Newcastle and Infectious Bronchitis vaccine), Hester Coryza (fowl coryza vaccine).

2. Venkys India

● Market Share: Major player in the poultry segment.

● Technical Differentiators: Comprehensive product portfolio for poultry health and nutrition.

● Key Market Segments: Poultry.

● Product Brands:

● Nutrition: Venky’s India feed supplements.

● Health Products: Vetcom (medications for poultry).

Companies Operating in Both Markets

1. Boehringer Ingelheim

● Market Share: Substantial presence in both India and the US.

● Technical Differentiators: Advanced R&D, extensive portfolio in vaccines and therapeutics.

● Key Market Segments: Companion animals, livestock, poultry.

● Product Brands: (See above)

2. Elanco Animal Health

● Market Share: Strong market position globally, including India and the US.

● Technical Differentiators: Focus on innovation, broad portfolio across species.

● Key Market Segments: Companion animals, livestock.

● Product Brands:

● Companion Animals: Trifexis (parasiticide), Galliprant (arthritis treatment).

● Livestock: Rumensin (feed additive), Imrestor (immunostimulant).

3. Merck Animal Health

● Market Share: Leading player in animal health with operations in both countries.

● Technical Differentiators: Comprehensive solutions, advanced biologics.

● Key Market Segments: Companion animals, livestock, poultry.

● Product Brands:

● Companion Animals: Bravecto (flea and tick treatment), Nobivac (vaccines).

● Livestock: Zilmax (beef cattle feed additive), Safe-Guard (anthelmintic).

Conclusion

The veterinary markets in India and the US show significant differences in size, growth, and focus. The US market is more developed with a strong emphasis on companion animals, advanced diagnostics, and therapeutic services. In contrast, the Indian market, while smaller, is growing rapidly with a primary focus on livestock health. Both markets are experiencing trends driven by technological advancements and healthcare improvements, though the pace and focus of these trends vary. Key players like Boehringer Ingelheim, Elanco, and Merck are instrumental in shaping the veterinary landscape in both countries.

About Vet2Trade™

Vet2Trade™ is part of Rakesh Shukla-led VOSD Corporation. Vet2Trade™ is India’s largest B2B platform for the veterinary industry, bringing together Medical Equipment and Instruments, Medical Supplies and Accessories, Pharmaceuticals and Medications, Pet Services, and Pet Care in a single marketplace. Vet2Trade™ brings together various players in the veterinary industry and operates as a reliable, quality-driven platform ensuring convenience and competitive pricing for all its users.

VOSD Corporation™ is a holding company that creates and delivers India’s most beloved pet brands & businesses to pet parents across veterinary care, pet transport, lifestyle, vet pharma, and pet food. These include Vet2Trade™, VOSD AI™, VOSD Advance Vet Care™, VOSD Brands™ and VOSD-on-Wheels™. Together these companies fund the VOSD Trust™ — the world’s largest dog rescue.

About Rakesh Shukla

Rakesh Shukla is the foremost expert on dogs in India & the founder of the VOSD Trust™ — the world’s largest dog rescue. Rakesh has spent 30 years creating several multimillion-dollar world-class software products & businesses. Rakesh manages a portfolio of successful startups – in IT, PetTech, and RetailTech including VOSD™ Vet & Pet Corporation, TWBcx™, The Better Company™ & inStore™ Retail. The VOSD Trust™ is the sole financial survivor of Rakesh Shukla and all his investments and companies.

#customerexperience #digitalcx #instore #rakeshshukla #twbcx #retail #Vet2Trade

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gqresearch24 · 8 months ago

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E-Compass Market Outlook Report 2024-2030: Trends, Strategic Insights, and Growth Opportunities | GQ Research

The E-Compass Market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global E-Compass Market showcased a significant presence, boasting a valuation of US$ 5.13 billion. This underscores the substantial demand for Acetophenone technology and its widespread adoption across various industries.

Get Sample of this Report at: https://gqresearch.com/request-sample/global-e-compass-market/

Projected Growth: Projections suggest that the E-Compass Market will continue its upward trajectory, with a projected value of US$ 13.9 billion by 2030. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 15.30%, reflecting a steady and robust growth rate for the E-Compass Market over the coming years.

Technology Adoption:

E-compass technology has witnessed widespread adoption across various sectors due to its versatility and reliability. Initially developed for navigation purposes, e-compasses are now integrated into smartphones, vehicles, drones, and wearable devices, among others. The technology's adaptability and accuracy have contributed to its rapid adoption, driving innovation and expansion across multiple industries.

Application Diversity:

The application diversity of e-compass technology is extensive, ranging from traditional navigation in outdoor environments to more specialized uses in sectors such as automotive, aerospace, marine, and consumer electronics. In automotive applications, e-compasses enhance vehicle navigation systems, improve driver assistance features, and enable autonomous driving functionalities. In aerospace and marine industries, e-compasses provide crucial navigation support, ensuring safe and efficient travel. Moreover, in consumer electronics, e-compass integration enhances user experience by enabling precise location tracking and augmented reality applications.

Consumer Preferences:

Consumer preferences for e-compass technology are influenced by factors such as accuracy, reliability, size, and cost-effectiveness. End-users prioritize devices with precise navigation capabilities, especially in scenarios where GPS signals may be unavailable or unreliable, such as indoor environments or urban canyons. Additionally, consumers value compact and energy-efficient e-compass modules that can be seamlessly integrated into various devices without compromising performance. Cost considerations also play a significant role, with consumers seeking affordable solutions that deliver robust performance across different applications.

Technological Advancements:

Continuous advancements in sensor technology, signal processing algorithms, and miniaturization techniques drive innovation in the e-compass market. Manufacturers focus on improving sensor accuracy, reducing power consumption, and enhancing integration capabilities to meet evolving customer demands. Innovations such as magnetoresistive sensors, MEMS-based gyroscopes, and fusion algorithms enable e-compasses to deliver superior performance in terms of accuracy, responsiveness, and power efficiency. Furthermore, advancements in software algorithms enable e-compass systems to compensate for magnetic interference and provide more reliable heading information in dynamic environments.

Market Competition:

The e-compass market is highly competitive, with numerous players vying for market share across different industry segments. Key competitors include established sensor manufacturers, consumer electronics companies, automotive suppliers, and specialized navigation technology firms. Intense competition drives innovation and product differentiation, leading to continuous improvements in e-compass performance, features, and pricing. Market players differentiate themselves through factors such as sensor accuracy, integration capabilities, software algorithms, and value-added services, catering to diverse customer requirements and application scenarios.

Environmental Considerations:

Environmental considerations are increasingly important in the design and deployment of e-compass technology. Manufacturers strive to develop environmentally friendly products by minimizing the use of hazardous materials, optimizing energy efficiency, and implementing sustainable manufacturing practices. Additionally, e-compass systems contribute to environmental conservation efforts by enabling more efficient transportation and navigation, reducing fuel consumption, and enhancing safety in various domains. However, manufacturers also need to address challenges related to e-waste management and end-of-life disposal to mitigate the environmental impact of e-compass devices effectively.

Top of Form

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

Asahi Kasei Microdevices Corporation

Bosch Sensortec GmbH

STMicroelectronics

Honeywell International Inc.

NXP Semiconductors N.V.

InvenSense Inc. (a subsidiary of TDK Corporation)

MagnaChip Semiconductor Corporation

MEMSIC Inc.

OMRON Corporation

Rohm Co., Ltd.

The research report provides a comprehensive analysis of the E-Compass Market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-e-compass-market/

About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

Jessica Joyal

+1 (614) 602 2897 | +919284395731

Website - https://gqresearch.com/

#ecompass #navigation #sensor #technology #marketinsights

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adityarana1687-blog · 11 months ago

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Wearable Technology Market Is Anticipated To Attain Around $186.14 Billion By 2030

The global wearable technology market size is expected to reach USD 186.14 billion by 2030, expanding at a CAGR of 14.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Due to its numerous functions in the healthcare, consumer electronics, and industrial sector wearable technology is becoming more and more popular among consumers. The rapid advancement of technologies, including GPS and RFID for location monitoring and health tracking, is predicted to boost industry growth during the forecast years. Consumers are becoming more aware of wearable technology as a result of its many uses in fields like consumer electronics, healthcare, and e-commerce. The industry is expected to gain traction as a result of the quick development of technologies like Radio Frequency Identification (RFID) and GPS for position monitoring and health tracking.

Users can answer calls and check messages on wearable gadgets without having to take out their phones. In addition, factors that are expected to attract customers and increase the demand for smart wearables include in-store merchandising and the simplicity of making payments using wearables. An increase in public awareness about health and fitness also supports the industry's expansion. Moreover, many firms are focusing on launching new smartwatches with innovative capabilities that assist users to manage their health and exchanging data with doctors in real-time. This would positively impact the industry's growth. For instance, in May 2022, Huawei Technologies Group Co. Ltd. unveiled Watch GT 3 Pro, a wearable device with a heart rate monitor, GPS, and a health monitoring system integrated with it. This launch is anticipated to boost the company’s market position and enable it to attract new clients.

Rising health concerns due to COVID-19 are anticipated to spur the demand for smartwatches as these devices have features like pulse oximeters, heart rate & skin temperature monitors, and others that can assist users to identify coronavirus symptoms. Studies from medical and academic institutions, including Mount Sinai Health System in New York and Stanford University in California, have shown that smartwatches by companies like Garmin Ltd., Fitbit, and Apple Inc. can identify COVID-19 infection even before symptoms appear. The majority of wearable technology devices store data about a person’s health, lifestyle, and daily activities on a connectivity carrier’s network or that of a third-party vendor, opening the door for security breaches, which is a significant issue that may restrain the growth of the overall market.

Request a free sample copy or view the report summary: Wearable Technology Market Report

Wearable Technology Market Report Highlights

The eyewear & headwear segment is anticipated to register the second-fastest growth rate. The segment’s expansion is aided by the rising use of smart headwear and VR/AR headsets in the entertainment and healthcare sectors

Increased attention on fitness and health due to the pandemic and easy access to technology are driving the North America regional market

Consumers who purchase smart wearables, such as smart apparel, smart footwear and smartwatches do so primarily to use the products to track their health and fitness. By 2020, the WHO predicted that the incidence of chronic diseases would increase by 73%

In 2022, the consumer electronics sector led the industry. Consumer electronics have a wide range of uses, such as for communication and entertainment. Devices that track a person’s working hours are being developed by industry participants due to high demand. In addition, the growth of connected devices and machine-to-machine communication is expected to support the market growth

Several businesses are concentrating on releasing the newest wearable technology goods, including smart glass, smart helmets, smart rings, and more. In addition, they are undertaking activities, such as mergers and acquisitions

Wearable Technology Market Segmentation

Grand View Research has segmented the global wearable technology market based on product, application, and region:

Wearable Technology Product Outlook (Revenue, USD Million, 2018 - 2030)

Wrist-Wear

Eyewear & Headwear

Footwear

Neckwear

Body-wear

Others

Wearable Technology Application Outlook (Revenue, USD Million, 2018 - 2030)

Consumer Electronics

Healthcare

Enterprise & Industrial Applications

Others

Wearable Technology Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

U.K.

Germany

France

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

List of Key Players in Wearable Technology Market

Alphabet, Inc.

Samsung Electronics Co., Ltd.

Sony Corp.

Huawei Technologies Group Co., Ltd.

Apple, Inc.

Xiaomi Corp.

Adidas AG

Nike, Inc.

Fitbit, Inc.

Garmin Ltd.

Wearable Technology Market Report Highlights

Increased attention on fitness and health due to the pandemic and easy access to technology are driving the North America regional market

Wearable Technology Market Segmentation

Grand View Research has segmented the global wearable technology market based on product, application, and region:

Wearable Technology Product Outlook (Revenue, USD Million, 2018 - 2030)

Wrist-Wear

Eyewear & Headwear

Footwear

Neckwear

Body-wear

Others

Wearable Technology Application Outlook (Revenue, USD Million, 2018 - 2030)

Consumer Electronics

Healthcare

Enterprise & Industrial Applications

Others

Wearable Technology Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

U.K.

Germany

France

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

List of Key Players in Wearable Technology Market

Alphabet, Inc.

Samsung Electronics Co., Ltd.

Sony Corp.

Huawei Technologies Group Co., Ltd.

Apple, Inc.

Xiaomi Corp.

Adidas AG

Nike, Inc.

Fitbit, Inc.

Garmin Ltd.

#Wearable Technology Market

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john9028 · 1 year ago

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Smartwatch Market trends, opportunites, application and demand analysis 2032

Market Overview

Global Smartwatch Market valued at US USD 28,660 million in 2022, is anticipated to reach a value of US USD 136,130 million in 2033, growing at a CAGR of 21.5%.

A smartwatch is a wrist-worn digital device that provides atomic clock accuracy. It is linked to a smartphone and receives notifications for e-mails, texts, and incoming phone calls. It includes a number of apps that provide added features, like presenting weather updates, maps, and stock values. It is also capable of making phone calls and sending & receiving text messages. Its popularity is growing around the world because it includes fitness trackers and monitoring devices to help consumers track their health. Various features include notifications, alerts, apps, answer messages by voice, media management, fitness tracking, and a very good battery life. The market size revenue considered in the report is revenue earned by companies by selling smartwatch. From application perspective, the report analyses the market according to personal assistance, wellness, healthcare, sports, and others. Smartwatches are designed to, either on their own or when paired with a smart phone, provide features like connecting to the internet, running mobile apps, making calls, messaging via text or video, checking caller ID, accessing stock & weather updates, providing fitness monitoring capabilities, offering GPS coordinates & location directions, and more.

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Rise in demand for wireless sports and fitness devices, increase in health awareness among end users, and surge in technological advancements by market players are anticipated to boost the growth of smart watch market. Additionally, rising emphasis on connected devices and smart systems among several industries, and growing demand for connected ecosystem are projected to offer significant opportunities for smart watch market globally. The increase in data dependency among end users and huge investments in building smart cities by the government of various countries are the key success areas that bolster the demand for smart wearable devices.

Read More: https://wemarketresearch.com/reports/smartwatch-market/152

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alliedcreation · 1 year ago

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Wearable Technology Market Surges Forward at a Remarkable 12.8% CAGR, Poised to Reach $184,403.60 million by 2031

“Wearable Technology Market," by Product Type, Application and Devices: Global Opportunity Analysis and Industry Forecast, 2022-2031," the Wearable Technology Market size was valued at at $54,841.40 million in 2020, and is estimated to reach $184,403.60 million by 2031, growing at a CAGR of 12.8% from 2022 to 2031. North America is expected to be the leading contributor to the global wearable technology market, followed by Europe and Asia-Pacific.

The growth of the global wearable technology market is driven by convenient usage of wearables and entry of various smartphone manufacturers. In addition, rise in health concerns among consumers fuels the adoption of wearable devices, which enable them to provide real-time information on their overall health. Multiple benefits offered by these devices, such as GPS tracking, heart monitoring, and notification alert further supplement the wearable devices market growth. Moreover, rise in disposable income of consumers and increase in standard of living propel the Wearable Technology Market Growth. However, increase in security concerns is projected to hamper the market growth, as the risk of data leakage is a major issue for users. Moreover, the limited battery life and high manufacturing cost restrain the market growth. Advancement in wearable devices technology is expected to provide numerous growth opportunities for the market.

Request For Sample :- https://www.alliedmarketresearch.com/request-sample/355

The wearable technology market is segmented on the basis of device, product type, application, and region. On the basis of product type the market is divided into wrist wear, eyewear, hearable, neckwear, body wear, and others. On the basis of device, the market is categorized into smart watches, fitness and wellness devices, smart glasses, smart clothing, and others. On the basis of application, the market is further classified into lifestyle, consumer applications, entertainment, healthcare, fitness and sports, defense, enterprise and industrial. On the basis of region the market is divided into North America, Europe, Asia-Pacific, and LAMEA.

In 2020, the wrist wear segment accounted for the maximum revenue shares in the overall wearable technology industry, owing to the flexibility provided by wearable. Moreover, wearable can be used to monitor heart rate and blood pressure, thus reducing the hospital bills. In addition, rise in demand for wearable devices from North American and European countries is expected to have a positive impact on the market growth, as these regions have strong economic base. The smart watch segment is expected to witness the fastest growth, registering a CAGR of 14.1% during the forecast period. Technological advancements in wearable electronics such as introduction of smart rings, innovative body wear, baby monitors, and others are anticipated to provide growth opportunities for the market.

The fitness & sports segment dominated the wearable technology market with over 39% share in 2020, and is projected to maintain this Wearable Technology Market Trends during the forecast period. However, the entertainment sector is anticipated to grow at a highest CAGR of 16.2% during the Wearable Technology Market Forecast period. The growth of the consumer application is expected to be driven by increase in awareness of wearable and innovative features & benefits provided by the wearable product manufacturers.

@checkout link :- https://www.alliedmarketresearch.com/checkout-final/9565d2a23a003638165ce7eb48e49a61

North America accounted for the major Wearable Technology Market Share in 2020, and is expected to maintain its dominance during the forecast period, owing to rise in demand for convenient wearable. Asia-Pacific is estimated to grow at the highest rate due to increase in the adoption of technologically advanced products; growth in demand for smart wearable; and extensive economic growth in developing countries such as China and India.

KEY FINDINGS OF STUDY

In 2020, the wrist wear segment accounted for the maximum revenue, and is projected to grow at a notable CAGR of 13.3% during the forecast period. North America held the highest market share in 2020, and is anticipated to dominate the global wearable technology market during the forecast period. China is the major shareholder in the Asia-Pacific wearable technology market, accounting for more than 55% share in 2020.

The key players profiled in the Wearable Technology Market Analysis include, Apple Inc., Fitbit, Inc., Garmin Ltd., Adidas AG., Nike, Inc., Samsung Electronics Co., Ltd., Sony Corporation, Huawei Technologies Co., Ltd., LG Electronics Inc., and Motorola Solutions Inc. These players have adopted various strategies, such as product launch, collaboration & partnership, and acquisition to expand their foothold in the wearable technology market. Apple introduced Apple Watch Nike+, which is an important tool for runners, pairing exclusive Nike Sport Bands with Apple Watch Series 2, which features GPS, a two times brighter display, water resistance up to 50 m, a powerful dual-core processor, and watchOS 3. The introduction of technologically advanced products is likely to gain acceptance among the tech savvy people, specifically in developed regions of North America and Europe.

Get detailed COVID-19 impact analysis on the Wearable Technology Market :- https://www.alliedmarketresearch.com/request-for-customization/355?reqfor=covid

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consagoustech · 2 years ago

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Help People to Stay Fit With Customized Fitness Apps

The new generation's focus on health is likely a combination of factors, including increased access to information, a greater awareness of the importance of health, more options for healthy living, concern about the environment, and greater exposure to health issues.

There are several reasons why the new generation is very conscious about their health. The internet and social media have made it easier than ever for people to access health information. Young people are more likely to research health issues and make informed decisions about their health. Fitness App Development Services and a growing emphasis on healthy living in society, many young people have been taught early on the importance of taking care of their bodies. Because of fitness apps, today's people can access a broader range of healthy food options, fitness programs, and wellness activities than previous generations. This makes it easier for them to live a healthy lifestyle by balancing diet and exercise without visiting health clinics.

Additionally, the new generation is more concerned about the impact of their actions on the environment. They are more likely to choose healthy, organic foods and environmentally-friendly products, which helps to promote good health. With more people sharing their health experiences on social media and in the news, young people are more aware of the health issues that affect their generation. This has led to a greater emphasis on adopting Fitness app development solutions for the early detection of health problems.

‍Fitness Trainer App Solutions Market Research

Market research for fitness trainer app solutions involves analyzing trends, demographics, and user behavior related to mobile fitness applications. The global market for fitness apps is expected to grow significantly, driven by increasing health awareness, rising demand for wearable devices, and the popularity of virtual fitness programs.

Below are some key insights and trends for the fitness trainer app solutions market:

Market Size: In 2020, the global fitness app market size was valued at USD 3.15 billion and is expected to grow at a CAGR of 21.6% from 2021 to 2028.

Demographics: Most fitness app users are millennials, with a higher percentage of women using fitness apps than men.

Features: Popular features of fitness apps include tracking workouts, providing personalized workout plans, and offering nutrition and diet advice.

Virtual Training: Due to the COVID-19 pandemic, the demand for virtual training through fitness apps has increased significantly. This has resulted in a surge in demand for home fitness equipment and wearable devices.

Competition: The fitness app market is highly competitive, with many established players such as Nike Training Club, Fitbit, and MyFitnessPal. New entrants can differentiate by offering unique features, partnering with fitness influencers, and targeting specific niches.

Monetization: Most fitness apps are free to download but offer in-app purchases, subscriptions, and advertising to generate revenue.

User Engagement: Retaining users is a significant challenge for fitness app developers. Personalized experiences, gamification, and social features can improve user engagement and retention.

Data Privacy: Fitness app developers must protect user data and comply with data privacy regulations.

‍What are Customized Fitness Apps?

Customized fitness apps are made to assist people in achieving their fitness objectives. Each user's fitness level, lifestyle, and interests are considered while creating these apps.

Personalized training schedules, diet plans, and progress monitoring are standard aspects of fitness applications. They may also have features like GPS tracking, heart rate monitoring, and compatibility with other fitness and health gadgets.

Users can enter their personal data into the app, which analyzes this data to generate a personalized workout plan, such as age, height, weight, and fitness objectives. Even better, some applications analyze user data and modify workout and nutrition regimens using machine learning algorithms.

Users of personalized fitness applications benefit from flexibility and convenience since they can access their training schedules and monitor their progress at any time, anywhere. Moreover, they allow users to work remotely with a nutritionist or personal trainer, enabling them to get individualized advice and feedback without attending in-person meetings.

‍Benefits Of Fitness App Development Solutions

Custom fitness app development solutions offer numerous benefits to both individuals and businesses, providing a convenient, customizable, and engaging way to achieve fitness goals and improve overall health and well-being.

Here are some key benefits of Fitness App Development Solutions:

‍How To Find the Best Fitness App Development Services?

To find the best fitness app development services, consider the following steps:

Define your requirements: Determine what you want your fitness app to accomplish. Consider factors such as your needed features, budget, and target audience.

Research potential developers: Look for companies or developers specializing in fitness app development. Check out their portfolios and clients' testimonials. Also, consider their expertise in mobile app development, design, and the technologies they use.

Ask for references: Ask the developers for references from their previous clients. Contact these references and inquire about their experience with the developers, the quality of their work, and the level of customer service they received.

Check for certifications: Look for developers with certifications such as ISO 27001, HIPAA, or other relevant certifications to ensure they follow best practices for fitness app development solutions.

Consider their communication skills: The best developers should have excellent communication skills to ensure smooth project management and effective communication throughout development.

Check their post-launch services: Find out what support the developer offers after launching the app. Ensure they offer ongoing maintenance and support to ensure the app stays up-to-date and runs smoothly.

Compare prices: Compare the prices and services offered by different developers. Choose a company that offers the best value for your money and has a proven track record of delivering high-quality fitness apps.

Following these steps, you can find the best fitness app development services that meet your requirements and help you achieve your fitness goals.

‍How to stand out in Fitness Apps Market?

The fitness app industry is cluttered, with long-standing competitors and recent newcomers competing for consumers' attention. Here are some tactics you might want to consider to stand out in this busy area:

1. Focus on a Niche:

Rather than attempting to appeal to everyone, consider focusing on a specific niche market, such as runners, weightlifters, or yoga devotees. You can set your app apart from more generic fitness applications and gain a devoted following by providing niche features and information catered to their requirements.

2. Offer Unique Features:

Find market voids and fill them with features other applications don't have. This might include customized diet plans, online personal training sessions, or sophisticated analytics that monitor certain variables. Give people a compelling reason to prefer your app over rivals by providing something they can't get anywhere else.

3. Focus on User Experience:

Ask your mobile app developers to design an easy-to-use and visually appealing app. Ensure that your app has a clear and intuitive user interface and that it's easy for users to find the features they're looking for. Invest in user testing and feedback to improve the overall user experience.

4. Leverage Social Media:

Connecting with potential customers and increasing business exposure are both accomplished through social media. Utilize social media sites like Instagram and Twitter to publish material, provide guidance, and interact with your followers. Join forces with fitness industry leaders to spread the word about your app and attract more users.

5. Offer a Free Trial:

Consider offering a free trial time to entice customers to use your software. This lets customers become familiar with the app's features and advantages before subscribing. To attract new customers, advertise this deal on your website, social media platforms, and other marketing channels.

6. Focus on Quality Content:

Your app should offer functionality and premium content that users will find valuable and interesting. These could consist of exercise regimens, dietary suggestions, and inspirational sayings. Update your material frequently to keep users interested and returning for more.

By implementing these strategies, you can differentiate your app from the competition and build a loyal following in the fitness app market.‍

Conclusion

The fitness trainer app solutions market is multiplying, with increasing demand for virtual training, personalized experiences, and data privacy. Fitness app developers must continue to innovate and offer unique features to stay competitive in this crowded market.

To create fitness trainer app solutions, you must conduct extensive market research on the target audience's eating and lifestyle patterns. You may create a list of required features and a diet, fitness, or gym app development schedule. Getting advice from a reputable developer of health and fitness apps is usually preferable.

We are the well-known Fitness App Development Company In California for creating Customized Fitness Apps. Our team of skilled developers can create personalized apps with the needed functionality and fluid performance.

Original Source: https://www.consagous.co/blog/help-people-to-stay-fit-with-customized-fitness-apps

#Fitness App Development Services #Fitness app development solutions

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ehteshamp · 5 years ago

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GPS Tracker Market Demand, Gross Profit, Opportunities, Future Estimations, Competitive Landscape, Business Revenue Forecast and Statistics

Market Highlights

GPS trackers are being used increasingly in recent years primarily because of the development of applications and gadgets that enable geo-tracking. The Market Research Future (MRFR) has stated that the global GPS tracker market will expand at a robust CAGR of 14.42% during the forecast period. Increasing compatibility with smartphones, precision navigation & tracking, and simplified operations are causing the GPS tracker market to augment further. The use of GPS trackers is leading to reduced labor costs, elimination of employee frauds, enhancement in customer service, and better management of field personnel activity pushing the market exponentially.

GPS trackers are applied in various solutions by food delivery companies, leading to the escalation of market growth during the forecast period. An upsurge in the on-demand fleet management solutions in the transport and logistics sectors is prompting extensive growth in the GPS tracker market. Due to this, transportation and logistics operations are made simpler as GPS installations result in better planning, real-time tracking, cost optimization, and better handling of dispatch schedules.

The compact size and the cost-effectiveness of the GPS tracker are estimated to augment the GPS tracker market positively. Further, the ability to geofence, define accessible arena and obtain historical tracking reports are leading to higher demand for GPS trackers from end users. However, the GPS tracker market is estimated to face restricting of growth due to a lack of global standards in the manufacturing of GPS tracking devices.

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Key Players:

Orbocomm Inc.

Laipac Technology, Inc.

TomTom International BV

Calamp Corp

Concox Information Technology Co. Ltd

Atrack Technology Inc.

Sony Mobile Communications Inc

Sierra Wireless Inc

Spy Tech, Inc

Verizon Wireless

Queclink Wireless Solutions Co., Ltd.

Segmentation:

MRFR segments the GPS tracker market on the basis of network, vertical, type, and region. The GPS market is segmented into 2G, 3G, and LTE based on network. The LTE segment is anticipated to accrue USD 1,898.6 million during the forecast period, expanding at a CAGR of 15.23%.

Based on vertical, the GPS tracker market includes segments of oil & gas, automotive & aerospace, transportation & logistics, government & defense, metals & mining, and healthcare. The transportation segment is expected to garner a revenue of USD 846.98 million, registering a CAGR of 17.05% by the end of the forecast period.

Based on type, the market is segmented into standalone tracker, advanced tracker, and GPS tracker. The advanced tracker segment is likely to garner a CAGR of 16.09% and accrue a revenue of USD 981.74 million through the assessment period.

Regional Analysis:

Asia Pacific, Europe, North America, and the Rest of the World are the regional segments of the GPS tracker market as studied in the Market Research Future (MRFR) report. Burgeoning demand for effective fleet management by many transportation and logistics companies in the U.S. are pushing the market in North America. Further, a higher application of GPS tracking devices by law enforcement agencies is also augmenting the GPS tracker market in North America. Moreover, proliferating demand for GPS trackers for construction assets and logistics is likely to promote substantial growth in Mexico. North America is likely to showcase lucrative growth with a CAGR of 12.75% during the review period.

Asia Pacific is estimated to generate a revenue of USD 650.04 million by 2023 while expanding at a 16.42% CAGR during the forecast period. Increasing demand for wearable GPS tracking devices for human and pet tracking is pushing the market to a great extent. An exponential rise in the adoption of GPS trackers for tracking personal vehicles, cargo trailers, and construction assets in China are likely to promote sizeable market growth in the region.

Europe is estimated to expand at a CAGR of 15.02% during the forecast period. Elevated demand for GPS trackers in the automotive industry is promoting lucrative growth in the region. Rising demand for GPS trackers in various tracking gadgets such as drones and unmanned aerial vehicles is also projected to fuel the market growth exponentially.

Industry Update

April 2019: Synovia Solutions LLC has been acquired by CalAmp which is a global technology solutions pioneer that provide technology solutions to streamline complex IoT deployments. Synovia Solutions is a smart fleet technology applications company which provides GPS driven and software-powered solutions.

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List of Figures

FIGURE 1 GLOBAL GPS TRACKER MARKET: MARKET STRUCTURE

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 DROC ANALYSIS OF GLOBAL GPS TRACKER MARKET

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL GPS TRACKER MARKET

FIGURE 5 GLOBAL GPS TRACKER MARKET, BY TYPE, 2014 TO 2023 (USD MILLION)

FIGURE 6 GLOBAL GPS TRACKER MARKET, BY NETWORK, 2014 TO 2023 (USD MILLION)

FIGURE 7 GLOBAL GPS TRACKER MARKET, BY VERTICAL, 2014 TO 2023 (USD MILLION)

FIGURE 8 GLOBAL GPS TRACKER MARKET, BY REGION, 2014 TO 2023 (USD MILLION)

FIGURE 9 NORTH AMERICA: GPS TRACKER MARKET, BY COUNTRY, 2014 TO 2023 (USD MILLION)

FIGURE 10 NORTH AMERICA GPS TRACKER MARKET, BY TYPE, 2014-2023 (USD MILLION)

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tritonmarketresearch · 2 years ago

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Livestock Monitoring Market: Players’ support Technological Trends

Agricultural farms contribute significantly to the economy of countries across the world. The rise in farming issues has negatively impacted the production and income of farmers. This has raised the alarm for implementing strategic techniques to prevent farm issues. Livestock monitoring involves managing farm animals, their health, wellness, and behavior using IoT-based technologies such as sensors, milking robots, GPS-tracking systems, and other innovative techniques.

According to Triton’s study, the global livestock monitoring market is expected to surge at a CAGR of 19.33% during the forecasted period from 2022 to 2028. The increasing demand for meat and animal products across the globe has encouraged the farmers to take special care of farm animals, ensuring quality production. Also, the growing number of livestock animals has facilitated real-time monitoring for the early detection of problems productively and efficiently, which augments the growth of the global market.

However, the opposition to technology from small-scale farmers has restricted the development of the market. Technologies like sensors, GPS tracking, etc., require technical knowledge and high investment, which is a huge hurdle for small scale farmers. But operating players are working toward bringing cost-effective techniques, which presents lucrative opportunities for the market.

Leading Segmentation Contributes Growth Prospects

Our study has segregated the livestock monitoring market segmentation analysis into product type, animal type, and application. Below are the highlights of the leading segments boosting the market’s performance.

Hardware with integrated software & systems is leading the product type segment.

Various software and hardware systems have entered the market, making livestock management easier, more automated, and cost-efficient. For instance, BouMatic Robotics B.V. launched a milking robot called Gemini that offers fast identification and monitoring of health problems. Also, the launch has empowered all sizes of dairy farms worldwide.

The goats & sheep is estimated to progress with the highest CAGR under the animal type segment.

Several companies are introducing innovative products such as sensors, health monitoring systems, etc., to help farmers resolve the hurdles. For example, SmartShepherd, a wearable device, is used to collect real-time data on sheep herds.

Milk harvesting leads the application segment with the highest revenue.

With the introduction of robotics, the harvesting of milk has become easier. Robotics has successfully managed livestock management. Also, the increasing adoption of sensors equipped at the farms has boosted the demand for livestock monitoring.

Regional Growth Progression

North America leads the market with a CAGR of 19.08%.

The growth of the countries such as the United States and Canada in the region is attributed to compliance with policies and regulations related to the livestock industry for proper monitoring and real-time detection of farm animals, bolsters the market’s growth.

Asia-Pacific to witness the fastest growth at a CAGR of 20.25% by 2028.

The growing population and rising demand for livestock food in India, China, Japan, South Korea, Australia & New Zealand, and others have raised the number of animals. In this regard, the companies are launching new products to fulfill the need of the large population, thus accelerating the market’s growth.

Competitive Analysis

The leading players in the market, namely, Boumatic, Cainthus, Cattle Eye Ltd, Afimilk Ltd, Cowmanager BV, GEA Group, Delaval, Valley Agriculture Software, Allflex Livestock Intelligence, Herdx Inc, Sensaphone, Connecterra BV, Nedap NV, Lely, and Dairymaster are focusing towards bringing innovative and effective technologies to make the process of livestock monitoring easy and profitable.

Following strategies by the players have influenced the market’s growth:

CowManager collaborated with Zoetis and Select Sires Inc in 2022 to integrate genomic tools and predictive sensor systems. It will help create value for cattle producers in farm management through intelligent cow data.

GEA Group launched a range of homogenizers for the dairy, beverage, pharmaceuticals, food, chemical, and cosmetics industries.

Lely Holdings S.a.r.l. launched milk sampling device in 2021 named ‘Sampler for Lely Astronaut’ used with milking robots.

Future Prospects

The development of artificial intelligence has automated the operation of the livestock industry, making it more prominent and feasible. Several issues in traditional monitoring are addressed with the help of technologies such as cameras and drones, milking robots, GPS-tracking systems, etc. In this regard, companies’ efforts in curating innovative products to monitor farm animals have proven to be successful and are expected to boost the demand for the global livestock monitoring market.

#Livestock Monitoring Market #ICT Industry #Semiconductor Industry #market research report #market research reports #triton market research

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digitrenndsamr · 3 years ago

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Pet Wearable Market to Witness Exponential Growth by 2031

The global pet wearable market is largely dominated by a handful of players that marks a high degree of consolidation, states Transparency Market Research (TMR) in a new report. Production innovation via novel technologies is what these players are focused on to maintain their position in this market. Business alliances and collaborations are also what key players are looking upon to expand their outreach into the regional markets.

Key companies operating in the global pet wearable market include DeLaval Inc., Nedap N.V., Whistle Labs Inc., Loc8tor Ltd., PetPace Ltd., and IceRobotics Ltd.

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As per the TMR report, the global pet wearable market is predicted to clock double-digit CAGR of 12% between 2017 and 2024. At this rate, the market’s valuation of US$1.0 bn in 2016 will become US$2.5 bn by the end of 2024. Among the various application segments in the pet wearable market, the identification and tracking segment accounts for maximum demand. However, in the coming years, the identification and tracking segment is likely to witness declined share owing to the availability of substitute products that offer added features. Meanwhile, medical diagnosis is expected to emerge as a significant segment due to increasing use of pet wearables to monitor pet health and fitness especially in developed countries. The medical diagnosis and treatment segment and facilitation, safety, and security segment are expected to collectively account for more than 25% market share by 2024.

Higher Spending for Pet Safety, Health to Boost Market

The pet wearable market which is currently in an early stage is poised for remarkable growth in the ensuing years. The advent of wearable technology and ever-increasing awareness about pet health, safety, and fitness have led to the emergence of pet wearables. The rising awareness about remote observation of pets, conducting control and checking of pets, and tracking of pets are forecasted to stimulate the pet wearable market.

Another key factor influencing the growth of pet wearable market is augmented use of computerized maps by providers of cellphone. In general, demand for advanced maps has been on the rise across several business areas including pet wearables. Versatile applications that are being created with built-in computerized maps are used to retrieve data from devices such as pet tracker to trace the area of pets if lost or stolen.

Integration of Advanced Technologies with Pet Wearables Catapults Growth

In developed economies, higher spending on pet accessories and municipal mandates for health and safety of pet are driving adoption of pet wearable. The latter has led pet owners to purchase products such as bark collars. Moreover, the availability of seamless wireless connectivity, along with uptake of advanced telecommunication technologies are catalyzing the adoption of GPS collars in conjunction with pet monitoring devices. The prevailing technological proficiency of mobile devices along with interpretation of mobile data among prospective customers in developed countries is boosting their uptake in developed countries.

Emergence of sophisticated technologies such as RFID that has been integrated with pet wearables is expected to drive the pet wearable market to new heights, adds the report.

The review presented is based on the findings of a TMR report, titled “Pet Wearable Market (Technology Type – GPS, RFID Sensors; Application – Medical diagnosis & treatment, Behavior monitoring & control, Facilitation, safety & security and Identification and tracking) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.”

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The global pet wearable market is segmented as follows;

Global Pet Wearable Market Segmentation

By Technology TypeGPS

RFID

Sensors

Others

By ApplicationMedical diagnosis &treatment

Behavior monitoring& control

Facilitation, safety &security

Identification and tracking

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