The global Baby Monitor market size was valued at USD 1.58 Bn in 2023 and is expected to reach USD 2.32 Bn by 2030, at a CAGR of 5.6 %.
Market Overview:
This study aims to provide a comprehensive analysis of the Baby Monitor market, examining its components, applications, industries, and geographical aspects. It delves into the primary drivers influencing market growth and offers an in-depth analysis of the market’s value chain.
Market Scope:
The research methodology employed for assessing and predicting the Baby Monitor market involves secondary research utilizing revenue data from key suppliers. Market segmentation takes into account vendor offerings, and the overall market size is determined using a bottom-up approach based on the revenue of major enterprises.
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Drivers:
Increasing awareness about child safety to fuel the Baby Monitor Market growth
Parents have an increasing focus to ensure the well-being and safety of their children, especially infants who are more sensitive. By allowing parents to monitor their babies remotely, Baby monitors provide additional security. With growing awareness about child safety, parents are actively seeking out monitoring solutions that provide peace of mind and boosts the Baby Monitor Market growth. To keep a close eye on their infants, Baby monitors enable parents to support them to prevent emergencies or accidents. For instance, parents have been monitoring their babies while they sleep to ensure they are in a safe sleeping position and not at risk of suffocation.
Segmentation:
by Product Type
Video Baby Monitors
Audio Baby Monitors
Smart Baby Monitors
by Connectivity
Wireless Baby Monitors
Wired Baby Monitors
DECT Baby Monitors
by Distribution Channel
Online Retail Stores
Offline Retail Stores
Hypermarkets/Supermarket
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Key Players:
The major players identified in the Baby Monitor market report include:
1. Motorola Mobility LLC (U.S.)
2. SAMSUNG (South Korea)
3. Safety1st (U.S.)
4. iBaby Labs, Inc. (U.S.)
5. Miku Inc. (U.S.)
6. NETGEAR (U.S.)
7. Summer Infant, Inc. (U.S.)
8. VTech Holdings Limited. (Hong Kong)
9. Lorex Corporation (Canada)
10. MEDISANA GMBH (Germany)
11. The Holding Angelcare Inc. (Canada)
12. INFANT OPTICS (U.S.)
13. Newell Brands (U.S.)
14. Koninklijke Philips N.V. (Netherlands)
15. Withings (France)
16. Snuza International (Canada)
17. Dorel Industries Inc. (Canada)
18. ShenZhenFoscam Intelligent Technology Co., Ltd (China)
19. Lenovo Group Limited (China)
20. Withings Inc.
21. Nest Lab. Inc.
22. Angelcare Monitors Inc.(Canada)
23. Platinum Angelcare
24. Sony Corporation
25. Owlet Baby Care
26. Littleone
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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are provided individually. Analysts evaluate competitive strengths and conduct a thorough competitive analysis for each player.
COVID-19 Impact Analysis on Baby Monitor Market:
Various industries such as aerospace, defense, agriculture, automobiles, retail, e-commerce, energy, healthcare, packaging, mining, electronics, banking, financial services, and insurance have been impacted by the COVID-19 pandemic. The report assesses the general impact of COVID-19 on the Baby Monitor market, including its growth rate during 2019-2020. Insights and analysis on risk management and digital transformation strategies are provided to assist businesses navigating through the crisis.
Key Questions Answered in the Report:
Which segment dominated the Baby Monitor market?
What was the competitive landscape of the Baby Monitor market in 2020?
What are the key drivers fueling the growth of the Baby Monitor market?
Which region held the largest share in the Baby Monitor market in 2020?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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