NEWARK, Del, Aug. 03, 2022 (GLOBE NEWSWIRE) -- As per a recent market analysis by Future Market Insights (FMI), the pet monitoring camera market is poised to reach a valuation of US$ 54.3 Mn in 2022. Sales are projected to increase at a 5.5 % CAGR, with the market size reaching US$ 93.5 Mn by 2032.
The growing consumer demand for sophisticated technology to safeguard the well-being and safety of pets is pushing the demand for pet monitoring cameras and this will continue during the forecast period.
Pet monitoring cameras, as a breakthrough technology, have acquired momentum in the market due to their multifunctional features. The global market which was primarily dominated by one-way video functionality segment.
However, with changing consumer preference towards multifunctional cameras, the two way video and audio functionality segment will outpace the one way video segment during the forecast period.
These devices assist owners in visually interacting with their pets, feed them after scheduled time span, making them play, and captivating them.
Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15364
Several major, small, and medium-sized businesses throughout the world are rapidly investing in the IoT market. The transition of most organisations to IoT is projected to have an influence on a range of sectors, including pet monitoring cameras.
Key Takeaways from Pet Monitoring Camera Market Study:
- By product type, one-way video currently holds the largest revenue share over the assessment period
- The two-way video and audio functionality segment will grow at the fastest rate during the forecast period.
- Based on price range, demand for low priced pet monitoring cameras is likely to grow at a robust pace over the next 10 years.
- Currently, North America dominates the global pet monitoring camera market.
- Pet monitoring cameras market in China is expected to grow at a healthy CAGR of 6.5% during the forecast period.
- The U.K. pet monitoring camera market is anticipated to accelerate at 3.5% CAGR between 2022 and 2032.
“The pet monitoring camera market has gone through a significant transformation, from a functional product to a stylish one. Consumers prefer different varieties of a product category for different reasons. Manufacturers are therefore launching different cameras offerings to cater to this factor” says an FMI analyst.
Request for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-15364
Who is leading?
The leading companies in pet monitoring camera are paving the way forward with strategic collaborations and development which are focused on innovating new technology. This has helped in bolstering the sales growth.
Some of the key players in the pet monitoring camera market include Petcube, Acer Inc., Amazon.com Inc., Furbo, Hangzhou Hikvision Digital Technology Co. Ltd., Lenevo Group Ltd., PetChatz LLC, Vimtag Technology Co. LTD, Wagz Inc., Zmodo, Pawbo, Motorola, Cleverdog and others
Pet Monitoring Camera Market by Category
By Product Type:
- One Way Video Functionality
- Two Way Video and Audio Functionality
By Application Type
- Communication
- Monitoring, Real-Time Bark Alert
- Treat-Dispersing
- Remote Training
- Video and Photo Capture
By End User Type:
- Pet Parents
- Veterinarians
- Professional Trainers
By Sales Channel Type:
- Online Retailers
- Hypermarket/Supermarkets
- Speciality Stores
- Multi-Brand Store
- Discount Stores
By Price Range:
- Low
- Medium
- Premium
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-15364
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
4. Global Pet Monitoring Camera Market Analysis 2017-2021 and Forecast, 2022-2032
5. Global Pet Monitoring Camera Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global pet monitoring camera market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the pet monitoring camera market based on the product type (One Way Video Functionality, Two Way Video Functionality), by Application (Communication, Monitoring, Real-Time Bark Alert, Treat-Dispensing, Remote Training, Video and Photo Capture, Others) by Price Range (Low, Medium, and Premium), by Sales Channel (Online Retailers, Hypermarkets/Supermarket, Specialty Stores, Multi-Brand Stores, Discount Stores, and Other Sales Channel), by End User (pet parents, veterinarians, professional trainers) across seven main region.
Have a Look at Related Research Reports of Consumer Product Domain
Pet Water Dispenser Market Value: The pet water dispenser market is estimated to reach US$ 151.2 Mn in 2022 and is projected to reach US$ 258.4 Mn by 2032, at a CAGR of 5.5% from 2022 to 2032.
Pet Toys Market Size: The pet toys market participants are currently engaged in leveraging their presence in both commercial and residential sectors that include households, pet hotels and day care centers.
Pet Furniture Market Sales: The global pet furniture market is estimated to total US$ 5 Bn in 2022 and is projected to reach US$ 9.2 Bn by 2032, at a CAGR of 6.2% from 2022 to 2032.
Bird Toy Market Size: The global bird toy market size is estimated to reach US$ 386 Mn in 2022. With demand growing at a 5% CAGR over the forecast period, the market valuation is projected to reach US$ 631 Mn by 2032.
Horse Stable Supplies Market Share: The global horse stable supplies market size is estimated to be valued at US$ 1.5 Bn in 2022 and is projected to reach US$ 2.7 Bn by 2032.
Pet Transporting Service Market Analysis Forecast: The global pet transporting service market size is slated to top US$ 522 Mn in 2022 and is projected to reach US$ 812 Mn by 2032, at a CAGR of 4.5 % from 2022 to 2032.
Bird Carriers Market Trends: The global bird carriers market size is estimated at US$ 116 Million in 2022 and is projected to reach US$ 251 Million by 2032, exhibiting a CAGR of 8% between 2022 to 2032.
Pet Shampoo Market Growth: The pet shampoo market is forecast to reach US$ 517 Mn in 2022. With demand growing at a steady 6% CAGR over the assessment period, the market valuation will reach US$ 934 Mn by 2032.
Bird Food Market Demand: The global bird food market size is estimated to be valued at US$ 2.1 Bn in 2022 and is projected to reach US$ 3.0 Bn by 2032.
Pet Treats and Chews Market Outlook: The pet treats and chews market is estimated to reach US$ 8.2 Bn in 2022 and is projected to reach US$ 13.7 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/pet-monitoring-camera-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
