Smart Baby Monitor Market Trends and Forecast
The future of the global smart baby monitor market looks promising with opportunities in the offline and online markets. The global smart baby monitor market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are increasing population of working parents, growing significance of ensuring child safety and security, and the presence of advanced surveillance capabilities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here.
Smart Baby Monitor Market by Segment
The study includes trends and forecast for the global smart baby monitor market by product, channel distribution, and region.
Smart Baby Monitor Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Tracking Devices
• Audio & Video
Smart Baby Monitor Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Offline
• Online
Smart Baby Monitor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smart Baby Monitor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart baby monitor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart baby monitor companies profiled in this report include-
• Vtech Communications
• Motorola
• Dorel Industries
• Panasonic Corporation
• Samsung Electronics
• Netgear
• Lorex Technology
• Summer Infant
• Arlo Technologies
• Ibaby Labs
Smart Baby Monitor Market Insights
Lucintel forecast that tracking device is expected to witness highest growth over the forecast period.
Within this market, offline will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Smart Baby Monitor Market
Market Size Estimates: Smart baby monitor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart baby monitor market size by product, distribution channel, and region in terms of value ($B).
Regional Analysis: Smart baby monitor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, distribution channels, and regions for the smart baby monitor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart baby monitor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the smart baby monitor market size?
Answer: The global smart baby monitor market is expected to reach an estimated $2.8 billion by 2030.
Q.2 What is the growth forecast for smart baby monitor market?
Answer: The global smart baby monitor market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the smart baby monitor market?
Answer: The major drivers for this market are increasing population of working parents, growing significance of ensuring child safety and security, and the presence of advanced surveillance capabilities.
Q4. What are the major segments for smart baby monitor market?
Answer: The future of the global smart baby monitor market looks promising with opportunities in the offline and online markets.
Q5. Who are the key smart baby monitor companies?
Answer: some of the key smart baby monitor companies are as follows:
• VTech Communications
• Motorola
• Dorel Industries
• Panasonic Corporation
• Samsung Electronics
• Netgear
• Lorex Technology
• Summer Infant
• Arlo Technologies
• iBaby Labs
Q6. Which smart baby monitor market segment will be the largest in future?
Answer: Lucintel forecast that tracking device is expected to witness highest growth over the forecast period.
Q7. In smart baby monitor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart baby monitor market by product (tracking devices and audio & video), distribution channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smart Baby Monitor Market Market, Smart Baby Monitor Market Market Size, Smart Baby Monitor Market Market Growth, Smart Baby Monitor Market Market Analysis, Smart Baby Monitor Market Market Report, Smart Baby Monitor Market Market Share, Smart Baby Monitor Market Market Trends, Smart Baby Monitor Market Market Forecast, Smart Baby Monitor Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.