How Has the Smart Home Pet Products Market Evolved Historically and What is its Current Size?
The smart home pet products market has seen considerable growth due to a variety of factors.
• Over the past few years, the smart home pet products market has experienced robust growth. The market, currently valued at $2.78 billion in 2024, is predicted to increase to $2.93 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.5%.
Factors contributing to this growth historically include the popular adoption of connected devices, a surge in the demand for real-time monitoring and health tracking, increased disposable incomes, rapid urbanization, and demanding schedules.
What Does Future Hold for The Smart Home Pet Products Market By 2029?
The smart home pet products market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the smart home pet products market to experience robust expansion in the forthcoming years. The market is projected to attain a value of $3.57 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.1%.
This growth during the forecast period will likely be fueled by an emphasis on automation, tailored management, smart home assimilation for better pet health, advanced pet treatment, and increased pet ownership. Key trends for the forecast period encompass technological progress, improvements in interactive toys, real-time automation, personalized health tracking, safety-centric technology, the Internet of Things, integration, and voice-activated pet care.
What Are The Primary Growth Drivers In The Smart Home Pet Products Market?
The surge in pet ownership is anticipated to push the expansion of the smart home pet products market in the future. Pet ownership pertains to the duties of taking care of animals, offering companionship and integrating them as part of the family. The upswing in pet ownership is driven by urbanization, shifting lifestyles, and a growing longing for companionship, leading to an increased demand for pet care services. Smart home pet products cater to pets by offering superior solutions that enhance health monitoring, offer more convenience, and improve safety, all aiming to optimize the health and care of pets. For example, as per the UK Pet Food manufacturer, a non-profit entity based in the UK, in March 2023, 57% of UK homes (16.2 million) have 38 million pets, reflecting a 9% rise from the 35 million pets in 2022. Thus, the climbing pet ownership is fueling the advancement of the smart home pet products market.
What Is The Segmentation Of The Global Smart Home Pet Products Market?
The smart home pet products market covered in this report is segmented –
1) By Type: Smart Feeding Equipment, Smart Wearable Devices, Smart Pet Toys, Other Types
2) By Sales Channel: Direct Sales, Modern Trade, Departmental Stores, Online Retailers, Direct To Consumers, Third Party To Consumers, Pet Specialty Stores, Other Sales Channels
3) By Application: Dogs, Cats, Other Applications
Subsegments:
1) By Smart Feeding Equipment: Automatic Pet Feeders, Smart Water Dispensers, Portion-Control Feeding Systems
2) By Smart Wearable Devices: GPS Pet Trackers, Health Monitoring Collars, Smart Pet Cameras
3) By Smart Pet Toys: Interactive Robotic Toys, Treat-Dispensing Toys, Motion-Activated Toys
4) By Other Types: Smart Litter Boxes, Automated Pet Doors, Smart Pet Beds
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What Trends Are Shaping The Smart Home Pet Products Market?
Major companies operating in the smart home pet products market are concentrating on creating innovative solutions, such as smart pet feeders, to enhance convenience and improve pet care. Smart pet feeders are automated devices designed to feed pets at scheduled times, often equipped with features such as remote control via mobile apps, portion control, and sometimes even video monitoring. For instance, in November 2022, Aqara, a China-based smart home company, launched the Smart Pet Feeder C1, enhancing its product portfolio with a high-tech solution for pet care. This innovative feeder allows pet owners to schedule and remotely control feeding times, ensuring pets are fed even when owners are away. Key features include voice command activation compatible with Siri, Google Assistant, and SmartThings, Zigbee connectivity for stable integration into smart home networks, and detailed feeding statistics for monitoring food intake. The feeder is designed for easy maintenance with a stainless-steel bowl and includes an optional battery backup for power outages.
Who Are the Key Players In The Smart Home Pet Products Market?
Major companies operating in the smart home pet products market are:
• Honeywell International Inc.
• Garmin International Inc.
• PetSafe Brands LLC
• Hangzhou Tianyuan Pet Products Co. Ltd.
• Tractive Pet UK Ltd.
• Litter-Robot
• Whistle Labs Inc.
• PetLibro Inc.
• Petcube Inc.
• Sure Petcare Limited
• CleverPet Inc.
• Qpets (International) Co. Ltd.
• Gibi Technologies Inc.
• Petkit Network Technology Co. Ltd.
• PetPace Inc.
• Loc8tor Ltd.
• Catlink Technology Co. Ltd.
• PupPod Inc.
• FitBark Inc.
• iFetch Inc.
• Dogness Corporation
• WOpet Inc.
• Shenzhen Qianhai Homerun Smart Technology Co. Ltd.
• Petivity Inc.
• Pawbo Inc.
What Are The Regional Insights Into The Smart Home Pet Products Market?
North America was the largest region in the smart home pet products market in 2024. The regions covered in the smart home pet products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
