Real-time location tracking for lost pets
Many pet owners experience anxiety when their pets go missing. A startup could develop a location-tracking technology that enables real-time monitoring of pets' whereabouts, easing pet owners' worries and increasing the chances of a safe return. This solution could involve GPS-enabled collars or wearable devices. Market size: The global pet tracking market is estimated to reach $2.4 billion by 2027, growing at a CAGR of 6.8%.