Baby Monitor Market Growing at the Highest CAGR of 8.5% - Competitive Analysis of Leading Market Players - Samsung Electronics Co. Ltd., Dorel Industries, Inc., Angelcare Monitors, Inc., LOREX Technology, Inc., VTech Holdings Ltd., ShenZhen Foscam Intelli

Baby monitor is basically a baby alarm, which facilitates parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter and microphone, which enables a two-way communication between the parent and the baby. Baby video monitor is an advanced version of baby monitor, which allows parents to see and monitor baby’s movements. Further, baby monitors with movement trackers and preinstalled lullabies, are also available in the market, to cater to the varying needs of the parents.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/865?utm_source=OPR

Increase in the number of working parents and nuclear families has led to a higher adoption of baby monitors in homes and day care centers. Growing awareness about baby safety, increasing disposable income and increased online retailing are other factors that have fueled the growth of the market. However, declining birth rate due to sedentary lifestyle and safety concerns associated with these products are amongst major challenges for the players operating in the industry. Irrespective of challenges, the industry is anticipated to offer attractive business opportunities in developed as well as developing regions in near future.

The world baby monitors market is segmented on the basis of type, mode of connection and geography. Based on type, baby monitors are categorized as audio and video baby monitors. Market is categorized as wired and wireless baby monitors depending on mode of connection. Wireless baby monitors offer the advantage of portability, ease of installation and connection as these can be easily connected to WLAN. The world baby monitors market is analyzed on the basis of geographical regions, which include North America, Europe, Asia-Pacific and LAMEA.

Rise in number of employed parents in the countries such as the United States, Canada, China and others, is the major factor that drives baby monitor’s market. This increase in number is subjected to increase in number of working mothers. These baby monitors enable employed parents to watch their baby or track baby’s movements when they are away from home or at workplace. Increase penetration of smartphones and growing usage of internet have enabled parents to watch their baby from a remote location.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/865?utm_source=OPR

Declining birth rate is a key challenge faced by manufacturers of baby monitors. Sedentary lifestyle and high stress level are the main causes of low birth rate. Urbanization, smaller household, a higher number of people are entering into education and career, and population control have led to increase in the stress level of consumers. Low fertility is observed especially in the Western European countries, Japan, Canada, Russia, and Poland which limits market growth.

Analyst Review:

The baby monitor industry has witnessed a consistent growth in the past few years. Increase in the number of working parents, growing awareness towards baby safety, increase in disposable income, and improved online retailing are some of the major factors supplementing the growth of the industry. Presently, North America is the highest revenue-generating region, owing to higher per capita spending of parents towards baby safety. The baby monitor market is in nascent stage in the emerging countries, such as India and China. However, it is expected to witness notable growth in the APAC region during the forecast period due to increasing awareness towards high-end baby care products coupled with the increasing number of nuclear families and employed parents over the years.

Video monitors with advanced features, such as in-built lullabies, night vision, room temperature sensor, and motion sensors, are anticipated to witness greater adoption in the coming years due to innovative product launches and effective marketing strategies by the leading players. Several companies have launched smart baby monitors that comprise features such as heart-rate monitoring, temperature sensors, and others to increase customer base and gain competitive advantage. However, factors such as declining birth rate in several geographical regions and increasing popularity of other monitoring devices, such as I.P. cameras, hinder the growth of the industry. Issues related to the hacking of internet-connected baby monitors is among the other major challenges for the market players.

Access Full Summery @ https://www.alliedmarketresearch.com/baby-monitor-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.