Audio Monitor Device Segment is Expected to be Fastest Growing During Forecast Period for SAM Region
According to this research study titled “SAM 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$ 71.11 million by 2028 from US$ 39.57 million in 2020. The market is estimated to grow at a CAGR of 7.7 % from 2021 to 2028. The report provides trends prevailing in the SAM smart baby monitor market along with the drivers and restraints pertaining to the market growth.AI-based smart baby monitors and escalating population of tech-savvy millennial parents are the major factor driving the growth of the SAM smart baby monitor market. However, smart baby monitor devices privacy concern hinders the growth of SAM smart baby monitor market.
In case of COVID-19, Brazil is the most affected country in SAM. Other countries such as Colombia, Ecuador, Chile, Peru, and Argentina, among others are also witnessing the adverse impacts of the pandemic across various industries. Moreover, the region also significantly constitutes various island nations and small countries contributing for limited demand for smart baby monitor market. The coronavirus disruption is expected to create tremors through till mid-2021. After that, it is anticipated that the buying behaviors will normalize. Further, the electronics equipment industry is likely to pick up pace sooner as governments across the SAM 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 SAM smart baby monitor market is segmented based on type, sales channel, application, and country. The SAM 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, PAMPERSï¼P&Gï¼, Philips, Samsung, Snuza, Summer Infant, and Vtech are among the leading companies in the SAM 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, Samsung’s 980 NVMe SSD Combines Speed and Affordability to Set a New Standard in Consumer SSD Performance.
The report segments the SAM Smart Baby Monitor Market as follows:
SAM Smart Baby Monitor Market - By Type
SAM Smart Baby Monitor Market - By Sales Channel
SAM Smart Baby Monitor Market - By Application
SAM Smart Baby Monitor Market - By Country
According to this research study titled “SAM 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$ 71.11 million by 2028 from US$ 39.57 million in 2020. The market is estimated to grow at a CAGR of 7.7 % from 2021 to 2028. The report provides trends prevailing in the SAM smart baby monitor market along with the drivers and restraints pertaining to the market growth.AI-based smart baby monitors and escalating population of tech-savvy millennial parents are the major factor driving the growth of the SAM smart baby monitor market. However, smart baby monitor devices privacy concern hinders the growth of SAM smart baby monitor market.
In case of COVID-19, Brazil is the most affected country in SAM. Other countries such as Colombia, Ecuador, Chile, Peru, and Argentina, among others are also witnessing the adverse impacts of the pandemic across various industries. Moreover, the region also significantly constitutes various island nations and small countries contributing for limited demand for smart baby monitor market. The coronavirus disruption is expected to create tremors through till mid-2021. After that, it is anticipated that the buying behaviors will normalize. Further, the electronics equipment industry is likely to pick up pace sooner as governments across the SAM 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 SAM smart baby monitor market is segmented based on type, sales channel, application, and country. The SAM 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, PAMPERSï¼P&Gï¼, Philips, Samsung, Snuza, Summer Infant, and Vtech are among the leading companies in the SAM 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, Samsung’s 980 NVMe SSD Combines Speed and Affordability to Set a New Standard in Consumer SSD Performance.
The report segments the SAM Smart Baby Monitor Market as follows:
SAM Smart Baby Monitor Market - By Type
- Video Monitor Device
- Audio Monitor Device
SAM Smart Baby Monitor Market - By Sales Channel
- Online
- Offline
SAM Smart Baby Monitor Market - By Application
- Home/Family
- Hospitals
- Day Care
SAM Smart Baby Monitor Market - By Country
- Brazil
- Argentina
- Rest of SAM
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Smart Baby Monitor Market Landscape
5. SAM Smart Baby Monitor Market - Key Industry Dynamics
6. Smart Baby Monitor Market - SAM Analysis
7. SAM Smart Baby Monitor Market Analysis - By Type
8. SAM Smart Baby Monitor Market Analysis - By Sales Channel
9. SAM Smart Baby Monitor Market Analysis- By Application
10. SAM Smart Baby Monitor Market - Country Analysis
11. Impact of COVID-19 Pandemic on SAM 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 | 110 |
Published | May 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 39.57 Million |
Forecasted Market Value ( USD | $ 71.11 Million |
Compound Annual Growth Rate | 7.6% |