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2024 Consumer Retail Spotlight: Global Pet Tech Industry Report

The global pet tech industry was valued at $6.29 billion in 2023 and is forecast to flourish at a compound annual growth rate (CAGR) of 13.55% through 2029. One significant trend impacting the pet tech market is the humanization of pets. More than ever, pet owners want to give their animals experiences and goods corresponding to the caliber of care they would provide themselves. As pet owners prioritize their animal companions' comfort, happiness, and health, high-end pet tech products such as smart toys, advanced health-monitoring devices, and personalized nutrition solutions are being developed. 

2024 Global Business Services Industry Report

The global business services market is forecast to reach a compound annual growth rate (CAGR) of 21% from 2023 to 2032. Last year, the market was estimated to be valued at $203.7 Billion, and it is projected to reach $13.8 trillion by 2032.


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