Mobile Pet Care: Surging Demand Fuels Growth of the Global Industry New Market Insights Revealed

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As more people are adopting pets and busier lifestyles are becoming the norm, the demand for convenient on-demand pet services has skyrocketed.

As more people are adopting pets and busier lifestyles are becoming the norm, the demand for convenient on-demand pet services has skyrocketed. Mobile pet care startups are fulfilling this need by bringing grooming, walking, sitting, and other pet services directly to customers' homes. Unlike traditional brick-and-mortar pet businesses that require clients to book appointments and transport their pets, mobile companies allow pet parents to request services with just a few taps on their smartphones.

Major players in the Mobile Pet Care space like Wag, Rover, and Fetch! Pet Care have seen explosive growth in recent years by being the first movers in this on-demand model. Wag recently hit a $650 million valuation after expanding beyond dog walking into services like training and boarding. Rover grew revenues by over 70% in 2018 and now has over 25,000 pet sitters and dog walkers on its platform in over 25 countries worldwide. Fetch! Pet Care, which offers both mobile pet sitters and delivery of pet food and supplies, has experienced a nearly 50% increase in customer acquisition since 2017.

The convenience and flexibility that mobile pet care providers offer is resonating strongly with pet owners. A recent survey found that 76% of dog owners would use an on-demand dog walking service if it was available in their area. And with more people able to work remotely thanks to technology, being away from home during the day is no longer a barrier to adopting a pet. Mobile services have removed a major stress point for busy pet parents.

Global Expansion and Mobile Pet Care

Seeing the massive opportunity, mobile pet care startups are aggressively expanding operations internationally. Wag launched in Canada in 2019 after establishing itself as the market leader in the US. Rover has grown its global client base to over 2.5 million pets in North America, Latin America, and Europe. Anthropic, an AI safety startup, acquired Fetch Robotics and retooled its delivery robots to provide autonomous mobile pet care and delivery of food and supplies.

However, global expansion brings growing competition from both local and international players. In Europe, DogBuddy and DogHero have emerged as the top mobile pet care platforms while Pawshake is a leading Canadian player. Chinese startup Xiaohuangdi is using AI to provide personalized pet care recommendations and autonomous feeders. There is also rising competition from aggregators like Uber and Glovo that are adding pet services to their existing delivery operations.

The crowded global landscape means mobile pet care providers must innovate to differentiate. Personalized routines tailored to each pet's needs, live tracking of service providers, special accommodations for senior or troubled pets, AI integration, and expanding into related verticals like training are some tactics companies are using. There is also a push to develop proprietary pet sitting talent networks through direct employee models rather than independent contractor platforms like Rover to improve quality control and service consistency.

Tech Investment Fuels Innovation

Startups in this space have attracted over $1 billion in funding to date as investors recognize mobile pet care's potential for rapid growth and expansion into adjacent markets. Wag raised $300 million led by SoftBank in late 2018 at a $650 million valuation. Rover completed a $125 million Series F round in early 2020 that valued the company around $970 million. Other investors that have backed players include The Chernin Group, SoftBank Vision Fund, Greenoaks Capital, and Google Ventures.

This influx of capital is fueling continued innovation. Companies are developing AI and computer vision to enable autonomous services like robot-assisted walks. Technologies for real-time location tracking, automated scheduling and matchmaking of pet care needs with available sitters, activity monitoring through pet wearables, and video conferencing with sitters are also becoming more advanced. The goal is to make mobile pet care services even more convenient, personalized, and seamless for pet parents with always-on connectivity and predictive analytics.

As 5G networks roll out globally, new augmented and virtual reality capabilities could further transform the mobile pet care experience. For example, 360-degree live video streams may allow pet parents to virtually "check in" on their pets anytime through VR headsets. Advanced robotics combined with 5G will likely enable fully autonomous pet care services in controlled communities like retirement homes or apartment complexes in the not-too-distant future. The outlook is tremendously promising for tech-enabled innovation to drive continued growth in this budding industry.

Shifting Pet Preferences Fuel Long-Term Potential

A confluence of demographic, socioeconomic, and pet ownership trends point to sustained momentum for mobile pet care. As millennials continue delaying life milestones like marriage and children, higher disposable income is being spent on pets that become members of smaller family units. According to the American Pet Products Association, US pet industry expenditures now exceed $72 billion annually and are projected to surpass $100 billion by 2025.

YouTube and Instagram have also fueled a rise in "influencer pets" and amplified humanization of dogs and cats. Devoted pet parents are increasingly open to new services that provide more engaged mental stimulation and socialization compared to traditional boarding or leaving pets unattended at home. This shift fits well with the customized experiences and AI-backed recommendations that forward-thinking mobile pet care companies are developing.

The growing senior population presents vast opportunities. As more baby boomers move to retirement communities, transporting pets for services or admitting them to traditional facilities declines. Non-mobile solutions also fail to address the needs of the infirm elderly who rely on pets for companionship. Emerging technologies promise to overcome these accessibility barriers through robotics, telepresence, and home automation integrated with on-demand pet care - a potential multi-billion dollar addressable market.

Get more insights on this topic: https://www.pressreleasebulletin.com/mobile-pet-care-pet-care-providing-convenient-care-for-pets-across-borders/

Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)c

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