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Home>Interactive Pet Monitors Market Report - Global Outlook and Forecast 2017 - 2022 - Research and Markets

Interactive Pet Monitors Market Report - Global Outlook and Forecast 2017 - 2022 - Research and Markets

Interactive Pet Monitors Market Report - Global Outlook and Forecast 2017 - 2022 - Research and Markets

09/28/2017

Interactive Pet Monitors Market Report - Global Outlook and Forecast 2017 - 2022 - Research and Markets

The "Interactive Pet Monitors Market - Global Outlook and Forecast 2017 - 2022" report has been added to Research and Markets' offering.

The global interactive pet monitors market is expected to grow at a CAGR of 40.8% and 50.2% in terms of revenue and volume, respectively, during the forecast period 2016-2022

The sales picked up from just 81.02 thousand units in 2016 because of low awareness and high ASP of devices in the beginning. However, the sales are expected to increase to more than a million by 2022.

Currently, the competitive scenario in the global interactive pet monitors market is moderate. There are multiple vendors offering similar products from which customers can draw a comparison. Petcube, Motorola Mobility, and Reolink are the major vendors in the market. Other vendors in the interactive pet monitors market include Tomofun, Petzila, iBaby Labs, CleverPet, Shanghai PETKIT, Feed and Go, Anser Innovation, Pawbo.

Rise in inclination to adopt pets as companion, high likelihood to use technology for tracking pets, and increase in user-friendly technology and easy-to-setup devices are the major factors that are likely to drive the interactive pet monitors market during the forecast period. Additionally, use of crowd sourcing techniques to launch products in market, positive influence of pets on human health, and high smartphone penetration in major markets are among the other factors that are likely to drive the market.

Key Topics Covered:

1 Research Methodology

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