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Pet Monitoring Camera Market Research Report: Information By Product Type (One Way Video Functionality and Two Way Video Functionality), By Application (Communication, Monitoring, Real-Time Bark Alert, Treat-Dispensing, Remote Training, Video and Photo Capture, and 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 use (Pet Parents, Veterinarians, and Professional Trainers), And By Region (No


ID: MRFR/CR/10116-HCR | 130 Pages | Author: Snehal Singh| July 2024

Pet Monitoring Camera Market Overview:


Pet Monitoring Camera Market Size was valued at USD 0.13 Billion in 2022. The Pet Monitoring Camera market industry is projected to grow from USD 0.16 Billion in 2023 to USD 1.06 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 26.80% during the forecast period (2023 - 2032). Increased pet ownership among millennials will boost sales of pet monitoring cameras and increased adoption of advanced technology are the key market drivers boosting the expansion of the market.


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Pet Monitoring Camera Market Trends


Rise in pet owners among millennials is driving the market growth.


Market CAGR for pet monitoring camera is being driven by the rise in pet owners among millennials. Owners may observe their pets in real time via a mobile app or online interface thanks to the live video streaming that most pet monitoring cameras offer. It is possible for them to provide two-way audio so that owners can converse with and hear from their pets.


Additionally, growing numbers of millennial pet owners around the world are keen to use technology to take care of their animals while their owners are at work, which is one of the main drivers driving the pet monitoring camera market's sales. Pet adoption rates are also expected to rise, and during the forecast period, people will become more aware of the different pet monitoring choices available, which will drive up demand for pet monitoring cameras. Some sophisticated pet cameras have interactive features, including treat dispensers, which let owners give their pets toys or treats from a distance to connect with them, reducing separation anxiety and offering enjoyment.


Throughout the projection period, there will likely be a tendency toward a greater integration of smart technology in home electronics. With the help of technologies like Bluetooth and Wi-Fi connectivity, owners can send commands from anywhere in the house that has access to communication and operate pet monitoring cameras using smartphones. Another important factor in the rise in popularity of pet monitoring cameras is the technological improvement in this field. Numerous businesses have created pet surveillance cameras that, in addition to watching over animals, may also provide food and amuse them by acting as lasers. For instance, a recent survey found that 76% of dogs and 92% of cats in Australia are maintained as pets, suggesting that there is a significant need for security cameras in this nation. Thus, result in driving the Pet Monitoring Camera market revenue.


Pet Monitoring Camera Market Segment Insights:


Pet Monitoring Camera Product Type Insights


ThePet Monitoring Camera market segmentation, based on Product Type includes One Way Video Functionality, and Two Way Video Functionality. The one way video functionality segment dominated the market. This is because of features like temperature monitoring, built-in buzzers, motion detection capabilities, treat vending machines, laser dot tracking games, and photo taking.


Pet Monitoring Camera Application Insights


The Pet Monitoring Camera market segmentation, based on Application, includes Communication, Monitoring, Real-Time Bark Alert, Treat-Dispensing, Remote Training, Video and Photo Capture, and Others. The monitoring category generated the most income. Facilitates training and behavioral analysis by helping to monitor and comprehend pet behavior. Certain cameras have the ability to monitor several aspects of your pet's health, such as activity levels and sleep habits.


Pet Monitoring Camera Price Range Insights


The Pet Monitoring Camera market segmentation, based on Price Range includes Low, Medium, and Premium. The premium segment dominated the market. This is because there are vast variety of multipurpose features are available at a high price range.


Pet Monitoring Camera Sales Channel Insights


The Pet Monitoring Camera market segmentation, based on Sales Channel, includes Online Retailers, Hypermarkets/Supermarket, Specialty Stores, Multi-Brand Stores, Discount Stores, and Other Sales Channel. The online retailer’s category generated the most income. This is due to the growing trend of internet and smartphone usage, as well as the growing desire for online shopping.


Pet Monitoring Camera End Use Insights


The Pet Monitoring Camera market segmentation, based on end use includes pet parents, veterinarians, and professional trainers. The professional trainers segment dominated the market. Trainers can provide pet owners with real-time guidance and demonstrations of training techniques and behavioral adjustments by means of live video surveillance.


 


Figure1:Pet Monitoring Camera Market, by End Use,2022&2032(USD Billion)Pet Monitoring Camera Market, by End Use,2022&2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Pet Monitoring Camera Regional Insights


By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Pet Monitoring Camera market area will dominate this market. This leads more individuals to purchase pet monitoring systems in order to keep a check on their pets, along with rising disposable incomes and expenditure on pet accessories.


Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.


Figure2:GLOBAL PET MONITORING CAMERA MARKET SHARE BY REGION 2022 (USD Billion)PET MONITORING CAMERA MARKET SHARE BY REGION 2022


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Europe Pet Monitoring Camera market has the second-largest portion of the market. This is explained by the sharp increase in the number of pets, the availability of affordable pet insurance, and the expanding pet humanization movement. Further, the German Pet Monitoring Camera market had the biggest market share, and the UK Pet Monitoring Camera market was the European market with the quickest rate of growth.


The Asia-Pacific Pet Monitoring Camera Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. This is a result of the growing acceptance and humanization of pets, especially in Indonesia, Malaysia, Singapore, and Thailand. Moreover, China’s Pet Monitoring Camera market had the biggest market share, and the Indian Pet Monitoring Camera market was the Asia-Pacific region's fastest-growing market.


Pet Monitoring Camera Key Market Players& Competitive Insights


Leading market players are putting a lot of money into R&D to expand their product lines, which will help the pet monitoring camera market, keep growing. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Pet Monitoring Camera industry must provide reasonably priced goods.


Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the Pet Monitoring Camera industry to help customers and expand the market segment. In recent years, the Pet Monitoring Camera industry has provided some of the biggest benefits to medicine. Major players in the Pet Monitoring Camera market, including Petcube, Acer Inc., Amazon.com Inc., Furbo, Hangzhou Hikvision Digital Technology Co. Ltd., Lenevo Group Ltd., PetChatz LLC, Vimtag Technology Co. LTD, Wagz Inc.., and others, are engaging in research and development activities in an effort to boost market demand.


Petcube is a company that specializes in creating pet technology solutions, including cameras for monitoring pets. Developing interactive cameras that enable pet owners to see and engage with their animals from a distance using features like live video streaming, two-way audio communication, and even treat dispensing is their main focus. In January 2022, Petcube was well-known for its cutting-edge pet cams and accessories, which let pet owners engage with their animals from a distance. These cameras have features like reward dispensers, two-way audio, and play-oriented laser pointers.


Lenovo Group Ltd. has progressed from being a localized PC contender to a worldwide leader in Intelligent Transformation. Important achievements include the 1994 Hong Kong first public offering, the 2005 purchase of ThinkPad, and the 2013 ranking as the top PC gamer worldwide. Lenovo purchased Motorola's smartphone business and IBM's x86 server division in 2014. In January 2023, Lenovo, which surpassed rivals including HP Inc., Dell, and Apple to preserve its position as the largest PC vendor in the world, ended 2020 with a 25.2% market share.


Key Companies in the Pet Monitoring Camera market include



  • Petcube

  • Acer Inc.

  • com Inc.

  • Furbo

  • Hangzhou Hikvision Digital Technology Co. Ltd.

  • Lenevo Group Ltd.

  • PetChatz LLC

  • Vimtag Technology Co. LTD

  • Wagz Inc.

  • Zmodo

  • Pawbo

  • Motorola

  • Cleverdog


Pet Monitoring Camera Industry Developments


In 2022: Petlibro revealed their brand-new camera-monitoring automatic pet feeder for committed pet owners.


February 2020: Petcube introduced Petcube Bite 2, a smart pet cam featuring an Alexa feature and a reward dispenser. Pet owners may set auto-play and access over 50,000 Alexa features hands-free with this technology.


In 2022: Furbo unveiled Furbo360, a smart camera with a 360-degree field of vision.

Pet Monitoring Camera Market Segmentation


Pet Monitoring Camera Product Type Outlook



  • One Way Video Functionality

  • Two Way Video Functionality


Pet Monitoring Camera Application Outlook



  • Communication

  • Monitoring

  • Real-Time Bark Alert

  • Treat-Dispensing

  • Remote Training

  • Video and Photo Capture

  • Others


Pet Monitoring Camera Price Range Outlook



  • Low

  • Medium

  • Premium


Pet Monitoring Camera Sales Channel Outlook



  • Online Retailers

  • Hypermarkets/Supermarket

  • Specialty Stores

  • Multi-Brand Stores

  • Discount Stores

  • Other Sales Channel


Pet Monitoring Camera End use Outlook



  • Pet Parents

  • Veterinarians

  • Professional Trainers


Pet Monitoring Camera Regional Outlook



  • North America

  • US

  • Canada

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe


  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific




  • Rest of the World

    • Middle East

    • Africa

    • Latin America






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Report Attribute/Metric Details
Market Size2022 USD 0.13 Billion
Market Size 2023 USD 0.16 Billion
Market Size2032 USD 1.06 Billion
Compound Annual Growth Rate (CAGR) 26.80% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Application, Price Range, Sales Channel, End use, and Region
Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered The US, German, France, UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil
Key Companies Profiled  Petcube, Acer Inc., Amazon.com Inc., Furbo, Hangzhou Hikvision Digital Technology Co. Ltd., Lenevo Group Ltd., PetChatz LLC, Vimtag Technology Co. LTD, Wagz Inc.
Key Market Opportunities ·        Growing Adoption of Cutting-Edge Technology to Foster Pet Monitoring Camera Market Growth
Key Market Dynamics ·        Increase in Millennial Pet Owners to Increase Sales of Pet Monitoring Cameras


Frequently Asked Questions (FAQ) :

In 2022, the size of the worldwide pet monitoring camera market was estimated to be USD 0.13 billion.

From 2023 to 2032, the CAGR for the market is predicted to be 26.80%.

North America held the most market share worldwide

The key players in the market are Petcube, Acer Inc., Amazon.com Inc., Furbo, Hangzhou Hikvision Digital Technology Co. Ltd., Lenevo Group Ltd., PetChatz LLC, Vimtag Technology Co. LTD, Wagz Inc.

The market was dominated in 2022 by the One Way Video Functionality category.

The Premium held the biggest market share worldwide.

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