Matt Easterlin09 Oct, 2023Business
Multi-featured and hybrid application mobile devices are generating great opportunities for the key market players. In the current scenario, the veterinary wearable market is in its expansion stage which is driven by the growing adoption of the Internet of Things and connected devices, advanced technological devices such as GPS and RFIDs, increasing awareness about various smart wearable devices, technological advancement in electronic devices, and increasing government initiatives and expenditure towards behavioral monitoring. The high cost of wearable smart devices and the lack of proper wireless infrastructure in developing countries are the major restraining factors hindering the growth of the market.
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