Smart Baby Monitor Market to Grow at a CAGR of 8.0% to Hit US$ 1,815.31 Million by 2028 - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners

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.

With the constant rise in the number of tech-savvy millennials, parents with the rapid change set huge priorities and expectations sharply different from previous generations. The growing adoption of digital health solutions for maternal and infant care is likely to boost the growth of the smart baby monitor market during the forecast period. Continuous technological advancements are making the life of working parents more flexible and accessible. The smart baby monitor manufacturers are focusing on designing applications to allow parents to monitor the babies' activities in real-time using their smartphones.

As per the US Census Bureau data estimates, in July 2019, the millennial population of age 23-38 was ~72.1 million in the country. Thus, the increasing millennial population is creating a massive opportunity for the adoption of smart baby monitors worldwide.

Get Exclusive Sample Copy of This Report @ https://bit.ly/3L3Njz5

The report on the Smart Baby Monitor market includes information on the strategic collaborations. The study also mentions the key players across the Smart Baby Monitor market. Here are some prominent participants involved in the Smart Baby Monitor Market - Major Players: 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

The report shows the latest market insights, current situation analysis with upcoming trends, and breakdown of the products and services. It then provides a detailed overview of the factors influencing the global business scope. The global Smart Baby Monitor market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and geography, delivering valuable insights.

Any Query Speak to Analyst: https://bit.ly/36h282B

The research on the Smart Baby Monitor 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 Baby Monitor market on the basis of end user, product type, application, and demography for the forecast period 2021-2028. 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.

This research provides detailed information regarding the major factors influencing the growth of the Smart Baby Monitor Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.

The Report Segments the global smart baby monitor market as follows:

By Type
• Video Monitor Device
• Audio Monitor Device

By Sales Channel
• Online
• Offline

By Application
• Home/Family
• Hospitals
• Day Care

Buy Complete Report at: https://bit.ly/37VsszX

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.