Updated April 16th, 2020 at 22:36 IST

Analysis of COVID-19-Pet Daycare and Lodging Market 2019-2023 | Presence of Various Veterinary Services to Boost Growth | Technavio

This study identifies adoption of smart pet care products in daycare and lodging services as one of the prime reasons driving the pet daycare and lodging market growth during the next few years.

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Technavio has been monitoring the pet daycare and lodging market and it is poised to grow by USD 10.03 billion during 2019-Technavio has announced the latest market research report titled Global Pet Daycare and Lodging Market 2019-2023 (Graphic: Business Wire)

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Best Friends Pet Care, Camp Bow Wow, Dogtopia Enterprises, PetSmart Inc., and Preppy Pet are some of the major market participants. The presence of various veterinary services will offer immense growth opportunities.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Presence of various veterinary services has been instrumental in driving the growth of the market.

Pet daycare and lodging market is segmented as below:

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our

This study identifies adoption of smart pet care products in daycare and lodging services as one of the prime reasons driving the pet daycare and lodging market growth during the next few years.

We provide a detailed analysis of vendors operating in the pet daycare and lodging market, including some of the vendors such as Best Friends Pet Care, Camp Bow Wow, Dogtopia Enterprises, PetSmart Inc., and Preppy Pet. Backed with competitive intelligence and benchmarking, our research reports on the pet daycare and lodging market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Published April 16th, 2020 at 22:36 IST