The report on the Pet Monitoring Camera market report includes future industry Trends, Size, Share, Past, current data and deep analysis, and forecast. This market offers a coordinated and orderly methodology for the most important aspects that have influenced the market within the past and also the forthcoming market prospects on which the organizations can rely upon before investing. It furnishes with an affordable examination of the marketplace for better decision-making and assessment to place resources into it. The report analyses the weather and an entire detailed outlook of the most players that are likely to feature to the demand within the global Pet Monitoring Camera market within the upcoming years.
The market study additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the manufacturers and firms to contribute to Pet Monitoring Camera market growth. A number of the foremost conspicuous measures taken by the organizations are partnerships, mergers & acquisitions, and collaborations to increase their overall reach. The key players are likewise presenting newer product varieties within the market to enhance the merchandise portfolio by embracing the new innovation and completing it in their enterprise.
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The global pet monitoring camera market size is projected to touch USD 250.1 million by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 26% through the forecast period of 2019 to 2025. The rising number of pet adoption, especially in the millennial population, has been propelling the product demand. Moreover, the increasing rate of adoption of advanced technology among consumers to ensure pet safety and wellbeing is anticipated to increase the spending on advanced monitoring devices for pets.
The one-way video functionality segment led the market with over 85% share in the global revenue. Consumers have been attracted to the unique and innovative features of these products over the past few years. Additional features including laser dot chase game, automatic treat dispenser, customizable built-in ringtone, temperature monitoring, snapshots capturing and motion, and sound detection capabilities have further propelled the demand for the product. Moreover, two-way voice communication has made these devices more interactive and attracted a larger consumer base.
The online channel of distribution is anticipated to grow at a CAGR of 28% over the forecast period. The increasing popularity of e-commerce among consumers owing to comfort associated with shopping is projected to boost the growth of the segment in the upcoming years. PetSmart Inc.; Amazon; Walmart; eBay Inc.; Costco Wholesale Corporation and Target Brands, Inc.; are some of the major e-commerce retailers present in the industry.
Asia Pacific is anticipated to grow at a steady CAGR of 27.2% over the forecast period. The increase in the number of adoption of pets in countries like India, Japan, Australia and China makes them prominent markets of this region. Additionally, the rising number of the millennial population in developing countries like India and China is projected to open new opportunities in the upcoming years.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Pet Monitoring Camera: Market Variables, Trends & Scope
Chapter 4 Pet Monitoring Camera: Product Estimates & Trend Analysis
Chapter 5 Pet Monitoring Camera: Application Estimates & Trend Analysis
Chapter 6 Pet Monitoring Camera: End-use Estimates & Trend Analysis
Chapter 7 Pet Monitoring Camera: Industrial End-use Estimates & Trend Analysis
Chapter 8 Pet Monitoring Camera: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Pet Monitoring Camera: Manufacturers Company Profiles
Top Key Players of Pet Monitoring Camera Market:
Tomofun (Furbo Dog Camera); Guardzilla; Petcube, Inc.; Acer Inc.(Pawbo Inc); Hangzhou Hikvision Digital Technology Co., Ltd. (Ezviz Inc.); Vimtag Technology Co., Ltd.; Wagz, Inc.; Motorola, Inc.; Zmodo; and Anser Innovation LLC (PetChatz).
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