Pet Camera Market Trends – Technological Advancements in Pet Camera Features and Functionality
VANCOUVER, BC, CANADA, May 4, 2022 /EINPresswire.com/ —
The global pet camera market size is expected to reach USD 525.8 million by 2028 at a CAGR of 23.4%, according to a new report from Emergen Research. The major factors driving the revenue growth of the global pet camera market are increasing adoption of pets and pets, growing need of working population to monitor pets remotely, increased spending on pet care and monitoring devices and increased disposable income for individuals. Growing concerns about the safety and comfort of pets, the increasing installation of home security cameras, and technological advancements in the design, features and functionality of pet cameras are some of the other key factors that drive global market revenue growth.
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Some key highlights in the report:
• Among product type segments, one-way video functionality segment accounted for the largest revenue share in the global pet camera market in 2020. Pet cameras with one-way video functionality are suitable for audio calls and live video, and these devices are also compatible with smartphones and tablets. Growing demand for these devices due to other viable features such as automatic treat dispensing, laser point hunt game, customizable built-in buzzer, temperature monitoring, and sound and motion detection is a factor. driving the revenue growth of this segment.
• Based on application, treat distribution was the most dominant of all segments by revenue in 2020. The growing number of pet owners worldwide and the growing demand for surveillance cameras to pets with advanced, pet-friendly features, including automatic treat dispensing, are the main factors. contribute to the growth of this segment.
• Among the regional markets, North America has achieved the highest revenue share in the global pet camera market in 2020. The increase in pet culture – largely among the older generation millennial – growing adoption and rescue of pets, and increasing adoption of pets for geriatrics and people with disabilities are some of the major factors driving the growth of the North American market. Rising concerns over pet safety and security, growing demand for pet surveillance cameras with high-tech features, and high per capita income in the region are further driving the growth of the regional market.
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The Pet Cameras research report also includes an in-depth study of key industry players along with their business overview, strategic planning, and business expansion plans adopted by them. It helps readers and business owners formulate strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, agreements with companies and governments, etc. The report also talks about the expansions that these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
Leading companies reviewed in the Pet Cameras report are:
Guardzilla, Motorola Inc., Google LLC, Amazon Inc., Wagz Inc., Petcube Inc., PetChatz LLC, Ezviz Inc., Furbo, Acer Inc. (Pawbo Inc.), Zmodo Technology Corporation Ltd. and Vimtag LLC are among them. of the largest companies operating in the global pet camera market.
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Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. The market is expected to be dominated by North American countries, closely followed by European countries. Asia-Pacific is expected to show significant growth due to recent progress and increased investment in the R&D sector.
For the purposes of this report, the global pet camera market is segmented on the basis of product type, application, end-use, distribution channel and region:
Product Type Outlook (Revenue, USD Million; 2018-2028)
• One-way video functionality
• Two-way video functionality
Application Outlook (Revenue, USD Million; 2018-2028)
• Distribution of sweets
• Real-time alert
• Distance learning
End-Use Outlook (Revenue, USD Million; 2018-2028)
• Pet owners
• Professional trainers
Distribution Channel Outlook (Revenue, USD Million; 2018-2028)
• Offline distribution channels
• Online distribution channels
The report addresses the following key points:
• The report provides a forecast of market drivers, restraints, and future opportunities for the Pet Camera market
• The report further analyzes changing market dynamics
• Regional analysis and market segmentation with analysis of regions and segments expected to dominate market growth
• Comprehensive competitive landscape mapping with key competitor profiles
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by key companies
• Revenue forecast, country scope, application information and product information
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Emergen Research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal of locating, targeting and analyzing changes in consumer behavior across demographics, across industries, and helping customers make smarter business decisions. We offer market intelligence research ensuring relevant and factual research across multiple sectors including health, touchpoints, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market. Emergen Research has a strong base of experienced analysts from a variety of areas of expertise. Our industry experience and ability to develop a workable solution to any research problem gives our clients the ability to secure an edge over their respective competitors.
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