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Smart Toys Market 2027: Here's What Expert Say (Product Type, Applications, Revenue, Opportunities, Players, Regions)

02-03-2020 06:42 AM CET | Fashion, Lifestyle, Trends

Press release from: The Insight Partners

Smart Toys Market to 2027

Smart Toys Market to 2027

Smart toys are the present-day toys, which involves artificial intelligence, and volatile or non-volatile memory units, a microprocessor, and input and output devices. Smart toys are often muddled with educational toys, which do not support artificial intelligence and are used specifically for learning and education. Smart toys are integrated with speech synthesizers and speech recognition, which can be easily be applied in hardware and software.

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Prominent Manufacturers in Smart Toys Market includes -
1. Fat Brain Holdings LLC
2. Dream International
3. ExportersIndia.Com
4. Hasbro Inc.
5. Jakks Pacific
6. Konami Corporation
7. Leapfrog Entertainment
8. Smart Kids Toys
9. Smartivity
10. TOMY Company Ltd.

The advancements in technology to develop innovative and interactive toys and increase in disposable income among middle-income groups are some of the prime factors driving the growth of the smart toys market. However, the high cost of these toys is the major factor restraining the growth of the smart toys market. Moreover, the increase in adoption of smart toys and accessibility of various types of smart toys for outdoor and indoor educational and sports purposes is expected to boost the smart toys market growth

The global smart toys market is segmented on the basis of type, end-user. On the basis of type, the market is segmented as robots, interactive games, educational robots. On the basis of end-user, the market is segmented as toddlers, preschoolers, school-going, stripling.

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The report analyzes factors affecting smart toys market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Smart toys market in these regions.

The report also includes the profiles of key smart toys market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

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Contact Us
If you have any queries about this report or would like further information, please contact us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

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