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Decrease in Demand of Electronic Toys Market to Restrict Revenue Growth During the Forecast Period 2017 - 2025

12-04-2020 07:45 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Decrease in Demand of Electronic Toys Market to Restrict Revenue

Electronic Toys Market: Introduction
Increasing entertainment spending for kids is the key factor driving the growth of global Electronic Toys market. Electronic Toys provide fun for children, from early learning to gaming and computing, these toys help children develop their dexterity, imagination, language skills, and more; through fun, role-playing, and education. Electronic Toys are subjected to comply with national, regional, and international legal regulations, including manufacturing, construction, and performance requirements. Integration of electronics toys with new technologies, remote-controlled by a smartphones, and updated with apps to create additional and new playing possibilities is one of the growing trends in the global Electronic Toys market.
Electronic Toys Market: Market Dynamics
Expanding basket of disposable income, acceptance of digital technology by children and continuous growth in electronic toy manufacturing technology is the prominent factor contributing to the growth of global Electronic Toys market. Expanding sensor technology, increasing investment on research & development for developing advanced hi-tech Electronic Toys, and growing preference of app-enabled & remote controlled electronics toys by toddlers, is expected to accelerate the growth of global Electronic Toys market. Additionally, expanding distribution channel, and increasing volume of online sales of Electronic Toys is expected to fuel the growth of global Electronic Toys market. However, growing preferences for video game consoles, and smartphone & tablet games are identified as restraints which are likely to deter the progression of global Electronic Toys market, throughout the globe.
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Electronic Toys Market: Market Segmentation
The global Electronic Toys are segmented on the basis of type of toy, power source, and by region.
On the basis of type of toy, the global Electronic Toys market can be segmented into following:
• Musical Toy
• Educational Toys
• Mechanical Toys
• Remote Control Toys
• Others
On the bases of power source, the global Electronic Toys market can be segmented into following categories;
• Rechargeable battery
• Non-rechargeable battery
Electronic Toys Market: Market Regional Outlook
Regionally, the global Electronic Toys market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan, Japan, and Middle East & Africa. Among all regions, the Electronic Toys market in North America is expected to dominate the market, due to high spending on children entertainment products. Asia Pacific is projected to be the fastest growing Electronic Toys market due to increasing electronic toy manufacturing companies, and increasing volume of online sales.
Electronic Toys Market: Market Competitive Landscape
Some of the prominent players in the global electronic toy market includes, Agglo Corporation Limited, Mattel, VTech Holdings Limited., Geoffrey, LLC, Estrela, Funko, Hasbro, Mothercare, and Kiwi Baby
The report covers exhaustive analysis on:
• Electronic Toys Market segments
• Electronic Toys Market dynamics
• Historical Actual Market Size, 2015 – 2016
• Electronic Toys Market size & forecast 2017 to 2027
• Ecosystem analysis
• Electronic Toys Market current trends/issues/challenges
• Competition & Companies involved technology
• Value Chain
• Electronic Toys Market drivers and restraints
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Regional analysis for Electronic Toys Market includes
• North America
o U.S.
o Canada
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Europe
o Western Europe
 Germany
 France
 U.K.
 Italy
 Spain
 Nordics
 Benelux
 Rest of the Western Europe
o Eastern Europe
 Poland
 Russia
 Rest of the Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
o China
o India
o ASEAN
o Australia and New Zealand (ANZ)
o Rest of APEJ
• Japan
• The Middle East and Africa
o GCC Countries
o North Africa
o South Africa
o Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint
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About us: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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