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Pet Monitoring Camera Market Trends

  • Report ID: GMI4893
  • Published Date: Jul 2024
  • Report Format: PDF

Pet Monitoring Camera Market Trends

Modern pet monitoring cameras offer advanced features such as HD video, two-way audio, treat dispensers, and night vision. These enhancements make them more appealing to pet owners. AI-driven features, including behavior tracking and anomaly detection, are increasingly integrated into pet cameras, enhancing their functionality and appeal. These cameras offer a motorized function that allows them to rotate and tilt, providing a panoramic view of the room. This eliminates the need for multiple cameras and gives pet owners a complete picture of their pet's environment.
 

Most of the devices offer dedicated mobile apps that allow you to view live streams, receive alerts, control camera functions, and interact with pets remotely, from the convenience of a smartphone or tablet. In addition, cloud storage options allow pet owners to record and store video footage, so they can review past events or capture funny pet moments. In April 2024, Petcube launched a new 4K pet camera with enhanced AI features, setting a new standard in the market and highlighting the trend towards more advanced technology in pet monitoring. 4K camera offers superior image quality compared to traditional HD cameras. Advanced AI features such as object recognition and specific behavior detection can provide pet owners with more targeted information and functionality. This allows pet owners to see their furry friends in stunning detail, making it easier to monitor their behavior and well-being.
 

Further, pet monitoring cameras are often integrated with smart home systems such as Google Home or Amazon Alexa, making them a part of the broader smart home ecosystem. This allows for voice control and integration with other smart home devices, creating a more unified and user-friendly experience. Moreover, the rise of IoT devices contributes to the seamless integration of pet cameras into smart homes, allowing for better control and monitoring. Pet cameras can be integrated with other smart home security devices such as door and window sensors. This creates a more comprehensive security system. It allows pet owners to monitor their entire home remotely and receive alerts in case of any suspicious activity.
 

In August 2023, one of the leading pet camera manufacturers, Furbo announced a partnership with smart home security company SimpliSafe. This partnership allows Furbo pet cameras to integrate with SimpliSafe's existing security system. This integration enables features like receiving a single notification if both the Furbo camera detects motion and the SimpliSafe system detects a break-in attempt and triggering the Furbo camera to start recording if SimpliSafe detects a security breach.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Industry size for pet monitoring camera was USD 59.9 million in 2023 and is projected to expand at 5% CAGR from 2024 to 2032, driven by the increase in the number of pet owners, especially among millennials and Gen Z.

The interactive cameras segment in the pet monitoring camera industry accounted for over 52% share in 2023 due to increasing demand from tech-savvy pet owners who are required to relate to their pets remotely.

The online distribution channel segment in the pet monitoring camera industry is projected to record over USD 63.5 million by 2032, due to the increasing internet penetration, the convenience of home delivery, and the ability to compare products easily. 4. Which factors are driving the pet monitoring camera market growth in North America?

North America pet monitoring camera accounted for over 55% share in 2023 and is projected to expand at notable CAGR between 2024 and 2032, led by the high pet ownership rates, advanced technological adoption, and a strong focus on pet care.

Pet Monitoring Camera Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 360
  • Countries covered: 23
  • Pages: 240
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