Press release
Smart Baby Monitor Market to Grow at a CAGR of 8.0% to reach US$ 1,815.31 million from 2020 to 2028 | The Insight Partners
With the ever-increasing growth and number of thousands of years of technology savvy, fast-paced parents have set out to embrace the biggest priorities and expectations very different from those of the previous generation. The expansion of digital health systems for maternal and child care will boost the growth of the smart baby Monitor market during forecasting. Ongoing technological advances are making the lives of working parents more flexible and accessible. Babysitting watchmakers focus on designing apps that help parents monitor their baby's activities while using their phones. According to US Bureau of Statistics data, as of July 2019, the number of people aged 23 to 38 is about 72.1 million in the country. Thus, the increase of thousands of years creates a great opportunity for the adoption of smart baby monitors around the world.Smart Baby Monitor Market: Key Insights
According to our latest market study on “Smart Baby Monitor Market Forecast to 2028 – COVID-19 Impact, and Global Analysis – by Type (Video Monitor Device and Audio Monitor Device), Sales Channel (Online and Offline), Application (Home/Family, Hospitals, and Day Care),” the global smart baby monitor market was valued US$ 989.38 million in 2020 and is expected to reach US$ 1,815.31 million by 2028 with a CAGR of 8.0% during the forecast period.
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Smart Baby Monitor Market: Competitive Landscape and Key Developments
Vtech, Motorola Mobility LLC, Summer Infant, Angelcare, PAMPERS（P&G), Owlet Baby Care, Nanit, Babysense（Hisense), Philips, Dorel Industries, IBaby, Lorex, Samsung, Withings, Snuza, and Infant Optics are among the key players that are profiled during this market study. In addition to these players, several other essential market players have also been studied and analyzed to get a holistic view of the global adaptive traffic control system market and its ecosystem.
In 2019, Edgewell Personal Care Co. agreed to sell its infant and pet care businesses to Le Holding Angelcare Inc. for US$ 122.5 million.
The report segments the global Smart Baby Monitor Market as follows:
By Type
1. Video Monitor Device
2. Audio Monitor Device
By Sales Channel
1. Online
2. Offline
By Applications
1. Home/Family
2. Hospitals
3. Day Care
Order a Copy of Smart Baby Monitor Market Size, Share, Strategic Insights, and Forecasts 2021-2028 Research Report at https://bit.ly/3qv8BPk
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Call: +1-646-491-9876
Email: sales@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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