Press release
Smart Toys Market by Type, Distribution Channel, End User and Industry Analysis Forecast 2017-2023
Smart Toys Market
Modern-day smart toys are incorporated with speech recognition and speech synthesizers, which can be easily implemented in a software and hardware. In addition, sensors are being provided in many of the contemporary toys, which enable them to react to their surroundings, thereby making them more realistic.
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The growth of the smart toys market is majorly driven by increase in disposable income among middle-income groups and advancements in technology to develop innovative and interactive toys. Moreover, increase in awareness towards the smart toys and availability of various types of smart toys for indoor & outdoor sports and educational purposes fuel the market growth. However, high cost of these toys acts as a restraint for growth of the market.
The smart toys market is segmented on the basis of distribution channel, end user, type, and geography. By distribution channel, the market is categorized into online market, specialty stores, toy shops, and others.
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Key Benefits
• This study provides an in-depth analysis of the global smart toys market, in terms of value, to elucidate the imminent investment pockets.
• A detailed impact analysis of the current trends, market size, and future estimations is provided.
• Key drivers and restraints of the market are explained to identify the prevailing market opportunities.
Smart Toys Market Key Segments
By Distribution Channel
• Online Market
• Speciality Stores
• Toy Shops
• Others
By End User
• Toddlers
• Pre-Schoolers
• School-going
• Stripling
By Type
• Robots
• Interactive Games
• Educational Robots
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
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Key Players in the Value Chain
• Dream International (Hong Kong)
• Hasbro Inc. (U.S.)
• Jakks Pacific (U.S.)
• Kid ii Inc. (U.S.)
• KNEX Industries Inc. (U.S.)
• Konami Corporation (Japan)
• Leapfrog Entertainment (U.S.)
• Playmobil(U.S.)
• The Lego Group(Denmark)
• Mattel Inc.(U.S.)
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