Pet Wearable Market Projected to Reach USD 14.85 Billion By 2034, Growing at a CAGR of 14.9%

The global Pet Wearable market size was valued at USD 3.19 billion in 2024 and is anticipated to grow from USD 3.71 billion in 2025 to USD 14.85 billion by 2034 , exhibiting a robust Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period from 2025 to 2034 .

Market Trends & Insights

Rising Pet Humanization: Pet owners are increasingly treating pets as family members, leading to higher spending on pet health and wellness products such as GPS trackers, fitness monitors, and smart collars.
Integration of IoT and Smart Technologies: The adoption of Internet of Things (IoT), AI, and cloud-based platforms in pet wearables enables real-time monitoring of pet behavior, location tracking, health analytics, and alerts for abnormal activity or distress.
Growing Awareness About Pet Health and Safety: Increased awareness about animal health has led to a surge in demand for wearable devices that monitor vital signs, sleep patterns, calorie burn, and overall well-being.
Expansion of Product Offerings by Key Players: Companies are launching innovative products with advanced features like geofencing, hydration tracking, and temperature monitoring to cater to evolving consumer demands.
Increasing Adoption of Pets in Urban Households: With rising urbanization and changing lifestyles, more people are adopting pets, especially in developed economies, which is driving the growth of the pet wearable industry.

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Market Size & Forecast

Market Size in 2024 – USD 3.19 billion
Market Size in 2025 – USD 3.71 billion
Projected Market Size by 2034 – USD 14.85 billion
CAGR (2025–2034) – 14.9%

Market Overview

Pet wearables are electronic devices designed to be worn by animals—primarily dogs and cats—to monitor their health, track their location, and manage behavioral patterns. These devices include smart collars, fitness trackers, GPS tags, and health monitoring sensors that provide real-time data to pet owners via mobile applications. As pet ownership continues to rise globally, coupled with advancements in wearable technology, the market is witnessing rapid innovation and expansion.

The pet wearable market growth is primarily driven by increasing disposable income, growing pet humanization trends, and the integration of smart technologies into pet care routines. Consumers are becoming more proactive about their pets’ health, prompting the adoption of preventive healthcare solutions. Additionally, the rise in veterinary telehealth services and digital pet management platforms is further fueling the demand for connected pet devices.