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 assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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Key companies operating in the Pet Camera market include:
Wagz Inc., Petcube Inc., Omcare Inc., Furbo, Vimtag Technology Co. Ltd., Zmodo, PetChatz LLC, Ezviz Inc., Motorola Inc., Amazon Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Pet Camera market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Pet Camera Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
- Comprehensive analysis of the competitive scenario and its changing dynamics
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Pet Camera Market 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
Pet Camera Market Segmentation by Regions:
- 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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