Press release
Smart Toys Market Size to $20,145.29 Million by the end of 2025 | Valuates Reports
The Global Smart Toys Market size is expected to grow from USD 8,286.85 Million in 2019 to USD 20,145.29 Million by the end of 2025 at a CAGR of 15.95% during the forecast period. The growth of the demand for smart toys is driven mainly by the rise in disposable income among middle-income groups and technological developments in creative and interactive toys. Also, the market's growth is also driven by increased awareness of smart toys and the availability of different types of smart toys for indoor and outdoor sports and education purposes.Browse the full report with Table of Contents and List of figures at: https://reports.valuates.com/market-reports/360I-Auto-3G343/the-global-smart-toys
The rising disposable incomes of consumers worldwide, majorly in the developed economies, are propelling them to embrace advanced smart home devices and technologies.
Increasing adoption of technologies like AR, VR, Smart Homes, and Connected Mobile Devices are driving the growth of smart toys market size. Technologies such as augmented and virtual reality, through real-world simulations, help children develop their imagination and improve their thinking abilities. It also makes the process of learning innovative and develops their leadership skills. Augmented Reality ( AR) games are used to develop children's analytical and thinking abilities, further influencing the market for intelligent toys.
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Smart Toys Market Segmentation & Coverage
This research report categorizes Smart Toys to forecast the revenues and analyze the trends in each of the following sub-markets:
Smart Toys Market by Type
o Educational Robots,
o Interactive Games, and
o Robots.
Smart Toys Market by Control Type
o Wired
o Wireless.
Smart Toys Market by Distribution
o Online Market,
o Retail/Stationery Shops,
o Speciality Toy Shops.
Smart Toys Market by End-User
o Pre-Schoolers,
o School Going,
o Toddlers.
Smart Toys Market by Regions
Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and the United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and the United Kingdom.
Major Leading Players in the Smart Toys Market
The leading vendors and innovation profiles in the Global Smart Toys Market including Hasbro, KONAMI, LeapFrog Enterprises, Inc., LEGO, PLAYMOBIL, Reach Robotics, Seebo Interactive LTD, Spin Master Ltd., and WowWee Group Limited.
Similar Reports :
Connected Toys Market: https://reports.valuates.com/market-reports/QYRE-Auto-29U2445/covid-19-impact-on-global-connected-toys
Educational Toys Market: https://reports.valuates.com/market-reports/QYRE-Othe-0G325/educational-toys
Pre-School Games and Toys Market: https://reports.valuates.com/market-reports/QYRE-Othe-0Y326/pre-school-games-and-toys
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