The global pet camera market size is expected to reach USD 525.8 Million in 2028, and register a revenue CAGR of 23.4% during the forecast period. Steady global pet camera market revenue growth can be attributed to increasing number of individuals opting to adopt pets and companion animals, increasing humanization of pets, and rising need among pet owners to monitor and communicate with their pets when away from home. Pet ownership has been witnessing a rapid surge in the US, with dogs being the most preferred pet animals followed by cats. Also, inclination for other exotic or specialty pets, including, ferrets, hamsters, rabbits, turtles, poultry, snakes, and livestock has been rising. Furthermore, demand for pet cameras is increasing due to rising inclination among a growing number of millennials to adopt shelter cats and dogs, as well as other rescued animals or abandoned animals. Rising disposable income, major influence of social media sites and platforms, and increasing number of millennials making impulse purchases or adopting pets are some other factors supporting market revenue growth.
The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Pet Camera market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Pet Camera market concerning COVID-19.
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Key Players operating in the industry are:
Wagz Inc., Petcube Inc., Omcare Inc., Furbo, Vimtag Technology Co. Ltd., Zmodo, PetChatz LLC, Ezviz Inc., Motorola Inc., Amazon Inc
Radical Features of the Pet Camera Market Report:
- The report encompasses Pet Camera market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Pet Camera industry
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Segmentation:
Product Type Outlook (Revenue, USD Million; 2018–2028)
- One-way Video Functionality
- Two-way Video Functionality
Application Outlook (Revenue, USD Million; 2018–2028)
- Monitoring
- Communicating
- Treat Dispensing
- Real Time Alert
- Remote Training
- Others
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Pet Owners
- Veterinarians
- Professional Trainers
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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