The growth in the smart baby monitor market is driven by several factors, including technological advancements that enhance device functionality and user experience. Innovations in camera technology, data analytics, and machine learning have enabled these monitors to provide detailed insights into a child’s sleep and health that were previously unavailable. There is also a significant trend towards personalization, with products offering customizable alerts and features to suit individual parenting styles and needs. Consumer behavior has shifted towards prioritizing safety and connectivity, with an increasing number of tech-savvy parents looking for devices that offer both security and data privacy. Additionally, demographic trends such as rising numbers of dual-income families necessitate more flexible monitoring solutions that allow parents to keep an eye on their children while away from home. The expansion of retail and online distribution channels has also made these products more accessible to a broader range of consumers, further fueling market growth. These factors collectively ensure that the smart baby monitor market continues to expand, adapting to the changing dynamics of modern parenting.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Audio & Video segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 5.3%. The Tracking Device segment is also set to grow at 7.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $384.2 Million in 2023, and China, forecasted to grow at an impressive 9.3% CAGR to reach $441.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Smart Baby Monitors Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Baby Monitors Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Smart Baby Monitors Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Anker Innovations Technology Co., Ltd (Eufy), Arlo Technologies, Inc., Baby Monitor Direct LLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 37 Featured):
- Anker Innovations Technology Co., Ltd (Eufy)
- Arlo Technologies, Inc.
- Baby Monitor Direct LLC
- Bebcare Company Limited
- Bonoch
- BT Group plc
- EZVIZ, Inc.
- iBaby Labs, Inc.
- Infant Optics
- Motorola Mobility LLC
- Owlet Baby Care, Inc.
- Samsung Electronics Co. Ltd.
- The Angelcare Holding Inc.
- Udisense, Inc. (dba Nanit)
- VTech Communications, Inc.;
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anker Innovations Technology Co., Ltd (Eufy)
- Arlo Technologies, Inc.
- Baby Monitor Direct LLC
- Bebcare Company Limited
- Bonoch
- BT Group plc
- EZVIZ, Inc.
- iBaby Labs, Inc.
- Infant Optics
- Motorola Mobility LLC
- Owlet Baby Care, Inc.
- Samsung Electronics Co. Ltd.
- The Angelcare Holding Inc.
- Udisense, Inc. (dba Nanit)
- VTech Communications, Inc.;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 268 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.4 Billion |
Forecasted Market Value ( USD | $ 2.1 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |