Pet Monitoring Camera Market to Remain Competitive with Revenue Of $250.1 Million By 2025 “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 Global Pet monitoring camera Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Pet monitoring camera Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Pet monitoring camera Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Pet monitoring camera Market based on current & future analysis depending on historic data also featured in this Report. 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.
Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-pet-monitoring-camera-market/request-sample
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. The major players in the pet monitoring camera market include 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).
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-pet-monitoring-camera-market
Further key findings from the report suggest: • Increasing demand for visual interactive monitoring devices is projected to propel the two-way video functionality segment to grow at the fastest CAGR over the forecast period
• Asia Pacific is anticipated to grow at the fastest CAGR of 27.2% over the forecast period • One-way video functionality dominated the market with over 80% share in 2018. • North America dominated the regional market due to increasing number of pet owners and increasing spending on pet monitoring devices in U.S. • Online channel of distribution is anticipated to grow at a CAGR of 28.1% over the forecast period
Million Insights has segmented the global pet monitoring camera market on the basis of product, distribution channel, and region: Pet Monitoring Camera Product Outlook (Revenue, USD Million, 2015 - 2025) • One-way Video Functionality • Two-way Video Functionality Pet Monitoring Camera Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • Offline • Online Pet Monitoring Camera Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America • U.S. • Europe • Germany • U.K. • Asia Pacific • China • India • Central & South America • Brazil
• Middle East & Africa • South Africa
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com
Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com
Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184