Press release
Smart Toys Market Trends Estimates High Demand By 2028 - Fat Brain Holdings, Dream International, Hasbro, Jakks Pacific, Konami and Smartivity
Smart Toys Market
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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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
Top Dominating Key Players:
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.
Market Segmentation :
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.
Key Benefits:
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Smart Toys Market.
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Smart Toys Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Smart Toys Market segments and regions.
Scope of the study:
The research on the Smart Toys Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Smart Toys Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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Reasons to Buy the Report:
Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
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, Automotive and Defense.
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