According to the latest report by IMARC Group, titled “ Smart Baby Monitor Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global smart baby monitor market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
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A smart baby monitor functions as an automated device that captures real-time audio and video for tracking and monitoring a toddlers movements. Both wired and wireless versions of these monitors are available. They come equipped with features such as high-definition video recording, temperature sensors, mobile notifications, two-way audio systems, and Wi-Fi connectivity for enhanced connectivity. Smart baby monitors are valuable in monitoring babies with health concerns, allowing parents to keep an eye on signs and symptoms of illnesses. By providing real-time communication and updates about the child while parents are away from home, these devices help alleviate parental stress. Consequently, they find extensive utilization in residences, daycares, hospitals, and early learning centers across countries.
Request Free Sample Report: https://www.imarcgroup.com/smart-baby-monitor-market/requestsample
Market Trends:
The smart baby monitor market is primarily driven by rapid urbanization and increasing consumer awareness regarding child safety. Besides this, the growing number of nuclear families with working parents who require remote monitoring capabilities is also positively influencing the global market. Additionally, the emerging trend of integrating baby monitors with smartphones, enabling location-based tracking and notifications, is acting as another significant growth-inducing factor. Moreover, the market is further propelled by product innovations, including the incorporation of connected devices with artificial intelligence (AI) and Internet of Things (IoT) technologies.
Apart from this, the escalating employment of aggressive promotional activities by manufacturers through numerous online retail channels and social media platforms to attract a broader consumer base, the rising consumer spending power, and the elevating research and development (R&D) initiatives will continue to propel the smart baby monitor market over the forecasted period.
By the IMARC Group, Some of the Top Competitive Landscape Operating in the Market are Given Below:
- Angelcare Monitor Inc.
- Dorel Industries Inc.
- iBaby Labs Inc.
- Lorex Technology Inc. (Flir Systems Inc.)
- Motorola Solutions Inc.
- Netgear Inc.
- Safety 1st
- Samsung Electronics Co. Ltd.
- Summer Infant Inc.
- VTech Communications Inc
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/smart-baby-monitor-market
Key Market Segmentation:
The report has segmented the market on the basis of region, product, connection type, application and distribution channel.
Breakup by Product:
- Audio and Video Devices
- Tracking Devices
Breakup by Connection Type:
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Breakup by Application:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800
The post Smart Baby Monitor Market 2023: Growth Insights, Trends Analysis, Size, Share, Outlook, and Report 2028 appeared first on Super Market Research.
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