Press release
Baby Monitors Market 2020 Will Grow at Huge CAGR of 7.70 % by 2027 |Global Players - Motorola Mobility LLC, SAMSUNG, Safety 1st, iBaby Labs, Inc
Market InsightsBaby monitors market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 7.70% in the above-mentioned forecast period. Rising growth in the volume of nuclear families with working parents drives the baby monitors’ market.
A smart baby monitor is defined as the electronic consumer goods which are used for constant monitoring of babies present in households. These products are very helpful in providing real-time information regarding the babies as they are installed close to them and are able to provide audio, live video, location. They also track the activities of the baby while reporting them directly to the parents over the smartphone apps.
Rising awareness regarding the safety of children amongst parents is the vital factor escalating the market growth, also enhancement of birth rate, increase in the number of employed parents, the surge in online retailing and rise in awareness about baby safety are the major factors among others driving the baby monitors’ market. The rise in the demand from emerging countries and artificial intelligence (AI) will further create new opportunities for baby monitors market in the forecasted period of 2020-2027.
However, rising incidences of infertility due to high-stress lifestyles and lack of preference among parents to leave their kids alone because of concerns regarding their safety and security are the major factors among others acting as restraints, and will further challenge the growth of baby monitors market in the forecast period mentioned above
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Major Market Players Covered in The Baby Monitors Market Are:
The major players covered in the baby monitors market report are Motorola Mobility LLC, SAMSUNG, Safety 1st, iBaby Labs, Inc., Miku Inc., NETGEAR, SUMR Brands, VTech Communications, Inc., Lorex Technology Inc., Medisana AG, Angelcare Monitor Inc, Infant Optics, Newell Brands, Levana, Koninklijke Philips N.V., Withings, Snuza International among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
North America dominates the baby monitors market due to rising awareness of the advantages provided by these devices, rising spending capacity of people and increasing trend of nuclear families. Europe and Asia-pacific are the dominating regions in terms of growth in baby monitors’ market.
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Global Baby Monitors Market Scope and Segments
Baby monitors market is segmented on the basis of product type, mode of communication, distribution channel and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• On the basis of product type, the baby monitors market is segmented into audio, video and motion sensor baby monitors
• Based on mode of communication, the baby monitors market is segmented into wired and wireless/Wi-Fi
• Based on distribution channel, the baby monitors market is segmented into online retail stores and offline retail stores
• The baby monitors market is also segmented on the basis of application into home family and commercial
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
Get Table of Contents with Charts, Figures & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-baby-monitors-market
Strategic Points Covered in Table of Content of Global Baby Monitors Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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