Additionally, as there are more nuclear families, baby monitor use has increased in both homes and daycare facilities. Other reasons that have contributed to the market’s expansion include rising disposable income, improving baby safety awareness, and increased internet shopping.
Global Baby Monitor Market size was valued at US$ 1.26 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 5.4% through 2021 to 2027, reaching nearly US$ 1.82 Bn.
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Market Scope:
The primary step in the research approach utilised to analyse and forecast the Global Baby Monitor market is collecting revenue information from significant suppliers. Vendor offerings are taken into account while developing market segmentation. The income of significant firms was used to estimate the size of the overall Global Baby Monitor market using the bottom-up approach.
Global Baby Monitor Market Overview:
An in-depth analysis of the Global Baby Monitor market by segments, industry, and region is what this study aims to do. The study includes in-depth details on the key elements affecting the development of the Global Baby Monitor business. The value chain of the market is also thoroughly examined in the study.
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Key Players:
• Samsung Electronics Co. Ltd.
• Dorel Industries Inc.
• Angelcare Monitors Inc.
• LOREX Technology Inc.
• VTech Holdings Ltd.
• ShenZhenFoscam Intelligent Technology Co., Ltd
• Summer Infant Inc.
• Koninklijke Philips N.V
• Nest Lab. Inc.
• Withings Inc.
• Lenovo Group Limited
• Platinum Angelcare
• Sony Corporation
• Owlet Baby Care
• Littleone
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Global Baby Monitor Market: The detailed review of COVID-19 impact on the Global Baby Monitor market based on import, suppliers, ket players have also been included in the Global Baby Monitor market report.
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Key Questions Answered in the Global Baby Monitor Market Report are:
- Which segment had the largest share in the Global Baby Monitor market?
- How is the competitive landscape of the Global Baby Monitor market?
- Which are the key factors impacting the Global Baby Monitor market growth?
- Which region has the maximum share in the Global Baby Monitor market?
- What will be the CAGR of the Global Baby Monitor market during the forecast period (2021-2027)?
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