Baby Monitors Market Trends Share Volume Analysis Report 2022-2029 | DataM Intelligence

Baby Monitors Market Trends Share Volume Analysis Report 2022-2029 | DataM Intelligence

July 22
02:52 2022
Baby Monitors Market Trends Share Volume Analysis Report 2022-2029 | DataM Intelligence
Baby Monitors Market | DataM Intelligence
Global Baby Monitors Market is a competitive market with the presence of various global and regional players in the market. The major players include Angelcare, Dorel Industries (Dorel Juvenile Group), Koninklijke Philips, Lenovo (Motorola Mobility), Samsung Electronics, and VTech Holdings. Other key players in the market include iBaby Labs, NETGEAR, Summer Infant, Nanit, Hisense, Mayborn Group, Owlet Baby Care, Mattel, and others.

Baby Monitors Market Outlook:

The Global Baby Monitors Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

A baby monitor, also known as a baby alarm, is a radio system used to remotely listen to sounds made by an infant. An audio monitor consists of a transmitter unit, equipped with a microphone, placed near to the child. It transmits the sounds by radio waves to a receiver unit with a speaker carried by, or near to, the person caring for the infant. Some baby monitors provide two-way communication which allows the parent to speak back to the baby (parent talk-back). Some allow music to be played to the child. A monitor with a video camera and receiver is often called a baby cam.

Market Dynamics

The global Baby Monitors Market is primarily driven due to growing awareness about technologically advanced products for babies and infants among parents coupled with the increasing globalization, urbanization, and changing lifestyles.

In the last five years, various economies in the world have witnessed a rapid growth in the number of working parents. Moreover, rising concerns regarding the safety and security of infants, are also contributing a lot to the growth of the baby monitor market. In addition, rapidly increasing online retailing is also a major driving factor for the baby monitor market growth.

However, declining birth rates and safety concerns associated with these products can act as major restraining factors to market growth. The declining birth rate is a key challenge faced by manufacturers of baby monitors. A sedentary lifestyle and high-stress levels are the main causes of the low birth rate.

Urbanization, smaller household, and bad work-life balance have led to an increase in the stress level among people. Low fertility is observed especially in the Western European countries, Japan, Canada, Russia, and Poland which limits the market growth.

Download Sample Report @ https://www.datamintelligence.com/download-sample/baby-monitors-market

Market Segmentation

By type, the global Baby Monitors Market is segmented into audio baby monitors and AV (Audio and video baby monitors). In 2018, audio and video baby monitors product type will account for the largest share in the baby monitors market and is expected to dominate the market during the forecast period, due to increased demand for smart baby monitors.

There are some baby monitors which provide two-way communication in order to allow the parent to communicate with the baby.

Baby cams are also booming in the current scenario which is getting fame in the market as a result of being equipped with a video display in order to look after the infant. Modern parents are now having the option to use a baby monitor to listen to or even watch their babies from afar.

For instance, iBaby Monitor M6S by iBaby Labs, Inc. is a Full HD 1080p video baby monitor with Two-Way Audio speakers (Talk & Listen to your baby). It also has temperature & Humidity sensors and a 360° pan & 110° tilt (To view every angle of your baby’s nursery). In addition, it has a 2.4 GHz Wi-Fi frequency and is compatible with most Apple and Android smartphones and tablets. Parents can also add MP3 music or connect to iTunes or Google library.

By distribution channel, the global baby monitors market is segmented into offline distribution channels and online distribution channels. In 2018, offline distribution accounted for a market share of ~90% in the global market. However, online channel is expected to witness double-digit growth during the forecast period.

Geographical Share

By geography, the global Baby Monitors market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).

North America holds a significant market share, mainly due to rising trend of nuclear families, increasing spending capacity of people, and growing awareness of the advantages provided by these devices. The growth trend is followed by North America and further by Europe as far as market share is concerned. This growth is mainly attributed to the advancement of these devices and rising personal equity investment specifically in the electronics sector in Europe. Furthermore, Asia Pacific is also anticipated to witness considerable growth owing to changing lifestyles, increasing awareness in parents regarding childcare, rising per-capita income, and strong retailing.

In Europe, there has been a shift in trend from audio baby monitors to video baby monitors in last five years. These baby monitors enable employed parents to monitor their baby or track baby’s movements, even from their workplace. Some models are also equipped with advanced features such as movement and breathing sensors and are also capable of sending warning signal in case of any adverse situation.

Product launch is one of the prominent growth strategies adopted by the players operating in the market. For instance, Luvion Premium Baby products (Netherlands), a leading player in the Europe baby monitor market, introduced a compact size video baby monitor with advanced features such as room temperature display, digital full HD sound, and high image quality camera with 5m of night vision.

Emerging countries, such as India, China, Brazil, South Africa, and Thailand, offer lucrative opportunities for baby monitors market, owing to the large population, increase in the number of women workforce, improved level of education, and rise in disposable income. Moreover, changes in the one-child policy in China would drive baby monitors market in the region.

Browse Full Report @ https://www.datamintelligence.com/research-report/baby-monitors-market

Competitive Trends

Key players are adopting strategies such as mergers and acquisitions, partnerships, regional expansion, and product launches to stand out as strong competitors in the market.

Global Baby Monitors Market is a competitive market with the presence of various global and regional players in the market. The major players include Angelcare, Dorel Industries (Dorel Juvenile Group), Koninklijke Philips, Lenovo (Motorola Mobility), Samsung Electronics, and VTech Holdings. Other key players in the market include iBaby Labs, NETGEAR, Summer Infant, Nanit, Hisense, Mayborn Group, Owlet Baby Care, Mattel, and others.

Recent Developments:

  • In 2018, Nanit, a new entrant in the market launched The Nanit Plus smart baby monitor which is available in two variants: wall mount and freestanding floor stand. It offers 24/7 HD live streaming with night vision and zoom to get in close. Background audio lets you hear baby, even when your phone’s screen is off. It also has a soft glow nightlight and smart sensors with real-time motion and sound notifications.
  • In 2016, Mattel, a toy manufacturing giant based in Segundo, California, acquired San Francisco-based Sproutling, which has developed a health-sensing wearable device for babies.

Make an Inquire before purchasing the full report @ https://www.datamintelligence.com/enquiry/baby-monitors-market

Additional Benefits Post Purchase:

1) Unlimited Analyst support for a period of 1 year.

2) Any query with regards to the scope offered will be addressed within 24- 48 hours.

3) An excel sheet with market numbers will be provided separately.

The Full Report has the below insights

  • The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
  • Visualize the composition of the global gall bladder cancer treatment market segmentation by product Type, Distributional Channel, and country highlighting the key commercial assets and players.
  • Identify commercial opportunities in the global gall bladder cancer treatment market by analyzing trends and co-development deals.
  • The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, pipeline analysis, and pricing analysis.
  • Excel data sheet with thousands of data points global gall bladder cancer treatment market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study. 
  • Product mapping in excel for the key product of all major market players
  • The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages. 

About Us:

DataM Intelligence 4Market Research is a market intelligence platform which gives access to syndicated, customized reports and consulting to its clients at one place. As a firm with rich experience in research and consulting across multiple domains we are one stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed and food & beverages among others.

 

Our platform has Insights on markets that uncover latest market research data that’s distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy centric framework and value-added services will let individuals and corporates with ease of access and custom personalization to research and markets.

Media Contact
Company Name: DataM Intelligence
Contact Person: Sai
Email: Send Email
Phone: +1 877 441 4866
Country: United States
Website: https://www.datamintelligence.com/research-report/baby-monitors-market

Categories