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Baby Monitoring Devices Market Share 2022 Strategies to Boost Growth, Development, Manufacturers, Industry Size, Trends

01-17-2022 07:33 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Baby Monitoring Devices Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Baby Monitoring Devices market growth.

The Global Baby Monitoring Devices Market Size is Projected to Reach at a CAGR of 10.19% during 2022-2027.

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Market Overview

Baby monitors are predominantly used by most new parents, mainly those who are working to keep a watch on their newborn babies.
With the increasing concerns about the cyber-security risks of digital devices including baby monitors, governments of various countries are developing regulations that in turn will increase the customer reliability on these products.

Top Leading Companies:

Angelcare, Dorel Industries, Motorola Solutions, Summer Infant, Snuza, Philips, Samsung, Sony, Infant Optics, Levana, Newell Brands, Lorex Technology, iBaby, Withings, D-Link, Vtech Holdings, Hisense

Recent Developments:

Philips has acquired 37 companies, including 14 in the last 5 years. A total of 14 acquisitions came from private equity firms. It has also divested 13 assets. Philips’ largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. Its largest disclosed sale occurred in 2021, when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company’s most targeted sectors include medical products (40%) and electrical equipment (10%).

Samsung Electronics has acquired 29 companies, including 7 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 7 assets. Samsung Electronics’ largest acquisition to date was in 2016, when it acquired Harman International Industries for $8.0B. It’s largest disclosed sale occurred in 2016, when it sold Samsung Electronics - Printer Business to HP for $1.1B. Samsung Electronics has acquired in 7 different US states, and 9 countries. The Company’s most targeted sectors include internet software and services (29%) and software (18%).

Baby Monitoring Devices Market Segmentation by Type:

Internet Baby Monitor
Video Baby Monitor
Audio Baby Monitor

Baby Monitoring Devices Market Segmentation by Application:

Hospitals
Family
Others

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North America Holds A Prominent Share in The Market

North America is dominating the global baby monitors market and is expected to continue this trend in the near future. This growth is mainly due to the rising trend of nuclear families, increasing spending capacity of people, and a growing awareness of the advantages provided by these devices. The growth is also attributed to the advancement of these devices and rising personal equity investment specifically in the electronics sector in developed markets such as the United States and Canda. Furthermore, the region is also anticipated to witness increasing awareness in parents regarding childcare and strong retailing.

Regional Baby Monitoring Devices Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Baby Monitoring Devices Market Report:

Detailed overview of Baby Monitoring Devices Market
Changing the Baby Monitoring Devices market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Baby Monitoring Devices market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Baby Monitoring Devices Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Baby Monitoring Devices Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Baby Monitoring Devices industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

ABOUT US:

Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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