Video Monitor Device Segment to Dominate MEA Smart Baby Monitor Market during 2020-2028
According to this research study titled “MEA Smart Baby Monitor Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Sales Channel, and Application,” the market is expected to reach US$ 143.03 million by 2028 from US$ 74.24 million in 2020. The market is estimated to grow at a CAGR of 8.7 % from 2021 to 2028. The report provides trends prevailing in the MEA smart baby monitor market along with the drivers and restraints pertaining to the market growth. Burgeoning number of working parents and surging number of corporate daycare/childcare centers are the major factor driving the growth of the MEA smart baby monitor market. However, privacy problems related to smart baby monitor devices hinders the growth of MEA smart baby monitor market.
In case of COVID-19, MEA is highly affected especially South Africa. Market in the MEA is majorly affected by the disruption in the supply chain. Owing to the various containment measure initiated by the government, such as travel restrictions, factory shutdown, and lockdowns, the supply, and distribution of electronics equipment had been hampered. The demand for smart baby monitor has weakened over the past couple of months, which has impacted the revenue streams of smart baby monitor players operating in this region. Further, the electronics equipment industry is likely to pick up pace sooner as governments across the MEA region lifted the various containment measure steadily to revive the economy. The production of the electronics equipment is anticipated to gain pace from 2021 which is further foreseen to positively influence the electronics equipment manufacturing including hardware components of smart baby monitor.
The MEA smart baby monitor market is segmented based on type, sales channel, application, and country. The MEA smart baby monitor market, based on type, is segmented into video monitor device and audio monitor device. The video monitor device segment dominated the market in 2020 and audio monitor device segment is expected to be fastest growing during forecast period. Based on sales channel, the market is segmented into online and offline. The offline segment dominated the market in 2020 and online segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into home/family, hospitals, and day care. The home/family segment dominated the market in 2020 and day care segment is expected to be fastest growing during forecast period.
Angelcare, Babysense (Hisense), Dorel Industries, Motorola Mobility LLC, Owlet Baby Care, Pampers, Philips, Samsung, Snuza, Summer Infant, and Vtech are among the leading companies in the MEA smart baby monitor market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Philips and the Dutch development bank FMO combine forces to accelerate universal health coverage in Africa.
The report segments the MEA Smart Baby Monitor Market as follows:
MEA Smart Baby Monitor Market - By Type
MEA Smart Baby Monitor Market - By Sales Channel
MEA Smart Baby Monitor Market - By Application
MEA Smart Baby Monitor Market - By Country
According to this research study titled “MEA Smart Baby Monitor Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Sales Channel, and Application,” the market is expected to reach US$ 143.03 million by 2028 from US$ 74.24 million in 2020. The market is estimated to grow at a CAGR of 8.7 % from 2021 to 2028. The report provides trends prevailing in the MEA smart baby monitor market along with the drivers and restraints pertaining to the market growth. Burgeoning number of working parents and surging number of corporate daycare/childcare centers are the major factor driving the growth of the MEA smart baby monitor market. However, privacy problems related to smart baby monitor devices hinders the growth of MEA smart baby monitor market.
In case of COVID-19, MEA is highly affected especially South Africa. Market in the MEA is majorly affected by the disruption in the supply chain. Owing to the various containment measure initiated by the government, such as travel restrictions, factory shutdown, and lockdowns, the supply, and distribution of electronics equipment had been hampered. The demand for smart baby monitor has weakened over the past couple of months, which has impacted the revenue streams of smart baby monitor players operating in this region. Further, the electronics equipment industry is likely to pick up pace sooner as governments across the MEA region lifted the various containment measure steadily to revive the economy. The production of the electronics equipment is anticipated to gain pace from 2021 which is further foreseen to positively influence the electronics equipment manufacturing including hardware components of smart baby monitor.
The MEA smart baby monitor market is segmented based on type, sales channel, application, and country. The MEA smart baby monitor market, based on type, is segmented into video monitor device and audio monitor device. The video monitor device segment dominated the market in 2020 and audio monitor device segment is expected to be fastest growing during forecast period. Based on sales channel, the market is segmented into online and offline. The offline segment dominated the market in 2020 and online segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into home/family, hospitals, and day care. The home/family segment dominated the market in 2020 and day care segment is expected to be fastest growing during forecast period.
Angelcare, Babysense (Hisense), Dorel Industries, Motorola Mobility LLC, Owlet Baby Care, Pampers, Philips, Samsung, Snuza, Summer Infant, and Vtech are among the leading companies in the MEA smart baby monitor market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Philips and the Dutch development bank FMO combine forces to accelerate universal health coverage in Africa.
The report segments the MEA Smart Baby Monitor Market as follows:
MEA Smart Baby Monitor Market - By Type
- Video Monitor Device
- Audio Monitor Device
MEA Smart Baby Monitor Market - By Sales Channel
- Online
- Offline
MEA Smart Baby Monitor Market - By Application
- Home/Family
- Hospitals
- Day Care
MEA Smart Baby Monitor Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Smart Baby Monitor Market Landscape
5. MEA Smart Baby Monitor Market - Key Industry Dynamics
6. Smart Baby Monitor Market - MEA Analysis
7. MEA Smart Baby Monitor Market Analysis - By Type
8. MEA Smart Baby Monitor Market Analysis - By Sales Channel
9. MEA Smart Baby Monitor Market Analysis - By Application
10. MEA Smart Baby Monitor Market - Country Analysis
11. Impact of COVID-19 Pandemic on MEA Smart Baby Monitor Market
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Angelcare
- Babysense (Hisense)
- Dorel Industries
- Motorola Mobility LLC
- Owlet Baby Care
- PAMPERS?P&G?
- Philips
- Samsung
- Snuza
- Summer Infant
- Vtech
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 130 |
Published | May 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 74.24 Million |
Forecasted Market Value ( USD | $ 143.03 Million |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Africa, Middle East |