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Global Pet Monitoring Camera Products Market to reach USD xx billion by 2027.

Global Pet Monitoring Camera Products Market Size study, by Product Type (One-way Video Functionality and Two-way Video Functionality), by Distribution Channel (Offline and Online), and Regional Forecasts 2021-2027

Product Code: EESC-96880505
Publish Date: 2-09-2021
Page: 200

Global Pet Monitoring Camera Products Market is valued approximately at USD xx Billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Pet monitoring camera products have been gaining popularity among pet owners for tracking or surveillance pet. This device is helpful in tracking the activities of pets back at home when pet owners are not present physically. The global Pet Monitoring Camera Products market is being driven by surge in the spending by consumers for pet care. According to the American Pet Productions Association (APPA), in 2018,pet care spending increased to USD 90.5 billion, which witnessed a 20% increase from 2017. The other driving factor for the market is the increase in the adoption of pet animals. For instance, according to Statista, population of pet dogs in India is forecasted to reach over 31 million by 2023. Furthermore, the growing working population as the device is beneficial in the surveillance of pet animals, rising technological advancements such as 360-degree camera movement, night vision & others and expanding ability and willingness to purchase these products due to rise in personal income will provide new opportunities for the global Pet Monitoring Camera Products industry. However, high costs and challenging cloud connectivity in the underdeveloped countries such as India, Brazil & others may impede market growth over the forecast period of 2021-2027.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are analyzed for the regional analysis of the global Pet Monitoring Camera Products Market. North America is the leading region across the world in terms of market share owing to increasing ownership of pet animals, presence of large established companies and adoption of busy lifestyles due to working population. Whereas Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing population of pet animals, increasing expenditure on pet care and enhanced standards of living in the region.

Major market player included in this report are:
Wagz, Inc.
Tomofun (Furbo Dog Camera)
Motorola, Inc.
Petcube, Inc.
Acer Inc. (Pawbo Inc.)
Anser Innovation LLC (PetChatz)
Hangzhou Hikvision Digital Technology Co., Ltd. (Ezviz Inc.)
Vimtag Technology Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
One-way Video Functionality
Two-way Video Functionality
By Distribution Channel:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Pet Monitoring Camera Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Pet Monitoring Camera Products Market, by Region, 2019-2027 (USD Billion)
1.2.2. Pet Monitoring Camera Products Market, by Product Type, 2019-2027 (USD Billion)
1.2.3. Pet Monitoring Camera Products Market, by Distribution Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pet Monitoring Camera Products Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pet Monitoring Camera Products Market Dynamics
3.1. Pet Monitoring Camera Products Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Surge in the spending by consumers for pet care Increase in the adoption of pet animals
3.1.2. Market Restraint High costs Challenging cloud connectivity in the underdeveloped countries
3.1.3. Market Opportunities Growing awareness for the natural hygienic products Rising advertisements to promote Pet Monitoring Camera Products
Chapter 4. Global Pet Monitoring Camera Products Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Pet Monitoring Camera Products Market, by Product Type
5.1. Market Snapshot
5.2. Global Pet Monitoring Camera Products Market by Product Type, Performance – Potential Analysis
5.3. Global Pet Monitoring Camera Products Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Pet Monitoring Camera Products Market, Sub Segment Analysis
5.4.1. One-way Video Functionality
5.4.2. Two-way Video Functionality
Chapter 6. Global Pet Monitoring Camera Products Market, by Distribution Channel
a. Market Snapshot
6.1. Global Pet Monitoring Camera Products Market by Distribution Channel, Performance – Potential Analysis
6.2. Global Pet Monitoring Camera Products Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)
6.3. Pet Monitoring Camera Products Market, Sub Segment Analysis
6.3.1. Offline
6.3.2. Online
Chapter 7. Global Pet Monitoring Camera Products Market, Regional Analysis
7.1. Pet Monitoring Camera Products Market, Regional Market Snapshot
7.2. North America Pet Monitoring Camera Products Market
7.2.1. U.S. Pet Monitoring Camera Products Market Product Type breakdown estimates & forecasts, 2018-2027 Distribution Channel breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Pet Monitoring Camera Products Market
7.3. Europe Pet Monitoring Camera Products Market Snapshot
7.3.1. U.K. Pet Monitoring Camera Products Market
7.3.2. Germany Pet Monitoring Camera Products Market
7.3.3. France Pet Monitoring Camera Products Market
7.3.4. Spain Pet Monitoring Camera Products Market
7.3.5. Italy Pet Monitoring Camera Products Market
7.3.6. Rest of Europe Pet Monitoring Camera Products Market
7.4. Asia-Pacific Pet Monitoring Camera Products Market Snapshot
7.4.1. China Pet Monitoring Camera Products Market
7.4.2. India Pet Monitoring Camera Products Market
7.4.3. Japan Pet Monitoring Camera Products Market
7.4.4. Australia Pet Monitoring Camera Products Market
7.4.5. South Korea Pet Monitoring Camera Products Market
7.4.6. Rest of Asia Pacific Pet Monitoring Camera Products Market
7.5. Latin America Pet Monitoring Camera Products Market Snapshot
7.5.1. Brazil Pet Monitoring Camera Products Market
7.5.2. Mexico Pet Monitoring Camera Products Market
7.6. Rest of The World Pet Monitoring Camera Products Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Guardzilla Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Wagz, Inc.
8.2.3. Tomofun (Furbo Dog Camera)
8.2.4. Motorola, Inc.
8.2.5. Petcube, Inc.
8.2.6. Zmodo
8.2.7. Acer Inc. (Pawbo Inc.)
8.2.8. Anser Innovation LLC (PetChatz)
8.2.9. Hangzhou Hikvision Digital Technology Co., Ltd. (Ezviz Inc.)
8.2.10. Vimtag Technology Co., Ltd
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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