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Pet monitoring camera market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation - Technavio
[January 10, 2023]

Pet monitoring camera market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation - Technavio


NEW YORK, Jan. 10, 2023 /PRNewswire/ -- According to Technavio, the global pet monitoring camera market size is estimated to grow by USD 541.19 million from 2022 to 2027. The market is estimated to grow at a CAGR of 17.4% during the forecast period. Moreover, the growth momentum will progress. APAC will account for 40% of the growth of the global market during the forecast period.

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Global pet monitoring camera market - Five forces
The global pet monitoring camera market is fragmented, and the five forces analysis covers– 

  • Bargaining power of buyers 
  • The threat of new entrants
  • Threat of rivalry
  • Bargaining power of suppliers
  • Threat of substitutes
  • For an interpretation of Porter's five forces model – buy the report!
Global pet monitoring camera market - Parent market analysis

Technavio categorizes the global pet monitoring camera market as a part of the global electronic equipment and instruments market. The growth of the global electronic equipment and instruments market will be driven by factors such as the increasing demand for electronic test and measurement equipment and the growing demand for metrology equipment and services. 

Find insights on the parent market and value chain analysis, and download an exclusive sample!

Global pet monitoring camera market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global pet monitoring camera market - Segmentation assessment

Segment overview
Technavio has segmented the market based on product (one-way video and two-way video) and distribution channels (offline and online). 

  • The one-way video segment will contribute significantly to market growth during the forecast period. This segment includes cameras specifically designed to monitor the actions and behavior of pets to keep them secure. The growth of this segment is attributed to factors such as high Internet penetration and rising smartphone adoption. 

Geography overview
Based on geography, the global pet monitoring camera market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global pet monitoring camera market.

  • APAC is estimated to account for 40% of the growth of the global market during the forecast period. The growth of the market in the region is attributed to factors such as the rising number of smartphone users, growing Internet penetration, rising income level, the increasing number of dual-income households, changing consumer lifestyles, rapid urbanization, improved information technology infrastructure, and an increasing working population. China and Japan are the key markets for pet monitoring cameras in APAC.

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Global pet monitoring camera market – Market dynamics
Key factor driving market growth

  • The rising concerns over the well-being of pets are driving the market growth.
  • Skin allergies, arthritis, brain aging, digestive disorders, and obesity are some of the common health problems faced by pets.
  • Moreover, pet thefts are rising across the world, especially in Europe.
  • These factors have made pet owners more cautious, which is driving the need to monitor pets.
  • Pet monitoring products enable pet owners to monitor their pets from any location.
  • Thus, the growing concerns regarding pet thefts and pet health are expected to drive the growth of the market during the forecast period.

Leading trends influencing the market 

  • 4K resolution in pet monitoring cameras is a key trend in the market. 
  • 4K videos provide better clear videos with vivid colors. Cameras with 4K technology allow the extraction of frames from the video footage in playback mode.
  • Hence, 4K resolution is expected to become a popular feature in pet monitoring cameras.
  • Thus, the adoption of 4K resolution in pet monitoring cameras will support the market during the forecast period.

Major challenges hindering market growth

  • Low adoption in developing countries is challenging market growth. 
  • Several countries have strict regulations on the security and health of pets. For instance, in countries such as the US and the UK, owners have to comply with strict regulations.
  • However, countries such as India, Sri Lanka, China, Indonesia, and the Philippines do not have such strict regulations.
  • Thus, the lack of attention to the safety of pets discourages pet owners from keeping pets or adopting pet monitoring devices, which is impeding the market growth.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this pet monitoring camera market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the pet monitoring camera market between 2023 and 2027
  • Precise estimation of the size of the pet monitoring camera market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the pet monitoring camera market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of the pet monitoring camera market vendors

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Pet Monitoring Camera Market Scope

Report Coverage

Details

Page number

156

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.4%

Market growth 2023-2027

USD 541.19 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.8

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acer Inc., Amazon.com Inc., Arlo Technologies Inc, Centrica Hive Ltd., EZVIZ Inc., Furbo, Hangzhou Hikvision Digital, Lenovo Group Ltd., Neos Ventures Ltd., PetChatz LLC, Petcube Inc, PETKIT Ltd., Shenzhen Skymee Technology Co. Ltd, Vimtag Technology Co LTD, Wagz Inc., Wopet Pet Product Ltd., Wyze Labs Inc, Xiaomi Inc., and Zmodo Technology Corp. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global pet monitoring camera market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global pet monitoring camera market 2017 - 2021 ($ million)
  • 4.2 Product Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
  • 4.3 Distribution channel Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments
    • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 One-way video - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on One-way video - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on One-way video - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on One-way video - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on One-way video - Year-over-year growth 2022-2027 (%)
  • 6.4 Two-way video - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Two-way video - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Two-way video - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Two-way video - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Two-way video - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Product 
    • Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

  • 7.1 Market segments
    • Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
  • 7.2 Comparison by Distribution Channel 
    • Exhibit 45: Chart on Comparison by Distribution Channel
    • Exhibit 46: Data Table on Comparison by Distribution Channel
  • 7.3 Offline - Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
  • 7.4 Online - Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Distribution Channel 
    • Exhibit 55: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027 
    • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027 
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027 
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027 
    • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027 
    • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027 
    • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.11 UK - Market size and forecast 2022-2027 
    • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Acer Inc.
    • Exhibit 108: Acer Inc. - Overview
    • Exhibit 109: Acer Inc. - Business segments
    • Exhibit 110: Acer Inc. - Key news
    • Exhibit 111: Acer Inc. - Key offerings
    • Exhibit 112: Acer Inc. - Segment focus
  • 12.4 Amazon.com Inc.
    • Exhibit 113: Amazon.com Inc. - Overview
    • Exhibit 114: Amazon.com Inc. - Business segments
    • Exhibit 115: Amazon.com Inc. - Key news
    • Exhibit 116: Amazon.com Inc. - Key offerings
    • Exhibit 117: Amazon.com Inc. - Segment focus
  • 12.5 Arlo Technologies Inc 
    • Exhibit 118: Arlo Technologies Inc - Overview
    • Exhibit 119: Arlo Technologies Inc - Business segments
    • Exhibit 120: Arlo Technologies Inc - Key offerings
    • Exhibit 121: Arlo Technologies Inc - Segment focus
  • 12.6 Furbo
    • Exhibit 122: Furbo - Overview
    • Exhibit 123: Furbo - Product / Service
    • Exhibit 124: Furbo - Key offerings
  • 12.7 Hangzhou Hikvision Digital 
    • Exhibit 125: Hangzhou Hikvision Digital - Overview
    • Exhibit 126: Hangzhou Hikvision Digital - Product / Service
    • Exhibit 127: Hangzhou Hikvision Digital - Key offerings
  • 12.8 Lenovo Group Ltd.
    • Exhibit 128: Lenovo Group Ltd. - Overview
    • Exhibit 129: Lenovo Group Ltd. - Business segments
    • Exhibit 130: Lenovo Group Ltd. - Key offerings
    • Exhibit 131: Lenovo Group Ltd. - Segment focus
  • 12.9 Neos Ventures Ltd.
    • Exhibit 132: Neos Ventures Ltd. - Overview
    • Exhibit 133: Neos Ventures Ltd. - Product / Service
    • Exhibit 134: Neos Ventures Ltd. - Key offerings
  • 12.10 PetChatz LLC
    • Exhibit 135: PetChatz LLC - Overview
    • Exhibit 136: PetChatz LLC - Product / Service
    • Exhibit 137: PetChatz LLC - Key offerings
  • 12.11 Petcube Inc
    • Exhibit 138: Petcube Inc - Overview
    • Exhibit 139: Petcube Inc - Product / Service
    • Exhibit 140: Petcube Inc - Key offerings
  • 12.12 PETKIT Ltd.
    • Exhibit 141: PETKIT Ltd. - Overview
    • Exhibit 142: PETKIT Ltd. - Product / Service
    • Exhibit 143: PETKIT Ltd. - Key offerings
  • 12.13 Shenzhen Skymee Technology Co. Ltd 
    • Exhibit 144: Shenzhen Skymee Technology Co. Ltd - Overview
    • Exhibit 145: Shenzhen Skymee Technology Co. Ltd - Product / Service
    • Exhibit 146: Shenzhen Skymee Technology Co. Ltd - Key offerings
  • 12.14 Vimtag Technology Co LTD 
    • Exhibit 147: Vimtag Technology Co LTD - Overview
    • Exhibit 148: Vimtag Technology Co LTD - Product / Service
    • Exhibit 149: Vimtag Technology Co LTD - Key offerings
  • 12.15 Wagz Inc.
    • Exhibit 150: Wagz Inc. - Overview
    • Exhibit 151: Wagz Inc. - Product / Service
    • Exhibit 152: Wagz Inc. - Key offerings
  • 12.16 Wopet Pet Product Ltd. 
    • Exhibit 153: Wopet Pet Product Ltd. - Overview
    • Exhibit 154: Wopet Pet Product Ltd. - Product / Service
    • Exhibit 155: Wopet Pet Product Ltd. - Key offerings
  • 12.17 Zmodo Technology Corp. Ltd. 
    • Exhibit 156: Zmodo Technology Corp. Ltd. - Overview
    • Exhibit 157: Zmodo Technology Corp. Ltd. - Product / Service
    • Exhibit 158: Zmodo Technology Corp. Ltd. - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 159: Inclusions checklist
    • Exhibit 160: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 161: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 162: Research methodology
    • Exhibit 163: Validation techniques employed for market sizing
    • Exhibit 164: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 165: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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Email: [email protected]
Website: www.technavio.com/

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