Pet Monitoring Cameras Market

Global Pet Monitoring Cameras Market Size (2024 to 2032)

The global pet monitoring camera market is growing aggressively. The global market size is estimated to be valued at USD 127.51 million in 2024 and USD 1,100 million by 2032, growing at an exponential CAGR of 31.96% during the forecast period.

Current Scenario of the Global Pet Monitoring Cameras Market

Pet monitoring is kind of stressful for pet owners due to their busy work schedules. As a result, pets are at risk of depression and loneliness when left home alone. Surveillance cameras are gaining popularity among consumers for monitoring their pets at home, and these products are primarily used to interact, train, monitor, treat, and entertain pets. Pet monitoring cameras are used to connect to pets while owners leave them home alone. To monitor and observe pets from anywhere, state-of-the-art pet surveillance cameras have facilities like 24/7 video streaming to smartphones. With these pet surveillance cameras, pet owners can see, hear, and talk to pets from anywhere and at any time. Additionally, the pet cameras have a treat dispenser, which helps feed pets, especially dogs, with special treats made to order. There are also facilities in these cameras, such as motion detection, which alerts owners with a notification when dogs are barking, jumping, or biting excessively. Pet surveillance cameras allow owners to save their dogs and other animals by observing them around the clock. These cameras also make the lives of pets more comfortable and happier, as they receive protection and care 24 hours a day, seven days a week, even when they are not at home.

MARKET DRIVERS

Surveillance cameras for pets are a witness to constant technological innovations. The main purpose of these multifunctional surveillance cameras for pets is to alert their owners to cater to the needs of their pets.

For instance, Petzilla has developed a Petzi Treat Cam with multiple functions, such as easy registration and interaction with pets from smartphones or tablets. It allows users to see, talk, take photos, and treat the animals when they are outside. Many pet monitors are battery-operated and portable. The introduction of technologically improved products is identified as one of the key factors positively influencing the market for pet monitoring cameras.

Nowadays, more and more pet owners are installing pet surveillance cameras in their homes so that they can easily communicate with them and track them. In recent years, the market for pet surveillance cameras has grown tremendously, especially in developed countries. Pet surveillance cameras are increasingly adopted in North America and Europe. More double-income households allow consumers to spend more on their pets. The growing safety concern associated with the pet adoption trend is expected to drive market growth. Additionally, the continued increase in the number of millennial pet owners, coupled with the adoption of advanced technologies, has fuelled the growth of the market.

The rapid increase in the number of millennial pet owners across the globe who use technology to care for their pets while they are at work is further fuelling the growth rate of the pet monitoring camera market.

Rising disposable income and growing awareness of various pet monitoring solutions are also boosting the global pet monitoring camera market. The improvement in pet surveillance camera technology is also a major factor, which tends to increase adoption. Many vendors have created pet surveillance cameras, which not only monitor pets but can also feed and entertain them when needed.

MARKET RESTRAINTS

Most of the pet surveillance cameras are priced higher in the range, which limits their adoption. Many middle-income pet owners are reluctant to install pet surveillance cameras because of their higher prices. For real-time surveillance, these cameras require continuous cloud connectivity, which is an issue in several developing countries. This is somewhat hampering the growth in the adoption of the worldwide pet monitoring camera market. Safety is also a concern on the minds of many pet owners which is impacting the growth of the market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Pet Monitoring Cameras Market Analysis By Product

Among product segments, the one-way video features segment accounts for the largest share of revenue today and is expected to continue to dominate throughout the forecast period. This is attributed to its features like audio and video recording and live streaming of HD videos. Plus, newly added innovative features like a laser dot tracking game, treat vending machine, sound and motion detection capabilities, customizable built-in buzzer, snapshot capture, and temperature monitoring are attributed to the growth of this segment.

Global Pet Monitoring Cameras Market Analysis By Distribution Channel

Among the distribution channel segments, the offline segment currently accounts for the largest share of revenue and is expected to continue to do so throughout the outlook period. This high share of turnover is attributed to the increasing penetration of supermarkets and hypermarkets.

REGIONAL ANALYSIS 

Across all regions, the North American Pet Monitoring Camera market accounts for a dominant revenue share of the global marketplace, and this is expected to continue over the next five years. This dominance is attributed to the growing number of millennial pet owners and the increased spending on pet accessories in the region.

Asia-Pacific is expected to experience the fastest CAGR of over 26% during the forecast period. Rapid urbanization has accelerated the regional adoption of pets. Spending on pets has increased in countries like China, Japan, Australia, and India. For example, in Australia, 76% of dogs and 92% of cats are pets, indicating a high demand for surveillance cameras in the country.

KEY PLAYERS IN THE GLOBAL PET MONITORING CAMERAS MARKET

Some of the major players operating in the global pet monitoring camera market are Guardzilla, Motorola Inc., Wagz Inc., PetChatz LLC, Google LLC, Amazon Inc., Petcube Inc., Ezviz Inc., Furbo, Acer Inc (Pawbo Inc.), Zmodo Technology Corporation Ltd. and Vimtag LLC.

DETAILED SEGMENTATION OF THE GLOBAL PET MONITORING CAMERAS MARKET INCLUDED IN THIS REPORT

This research report on the global pet monitoring Camera market has been segmented and sub-segmented based on component, product, application, and region.

By Product

• One-Way Video Functionality        
• Two-Way Video Functionality   

By Distribution Channel

• Offline
• Online

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa