Press release
Smart Toys Market Will See Strong Expansion Through 2031
Transparency Market Research delivers key insights on the global smart toys market. In terms of revenue, the global smart toys market is estimated to expand at a CAGR of 18.32% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global smart toys market.Smart toy companies are expanding their product lines to meet the increasing demand for smart toy products. Moreover, strong product innovation among smart toys companies with newer features in smart toys is expected to boost the market during the forecast period. In addition, companies are adopting the latest technologies to provide extra benefits and more comfort to clients, and also to boost their own efficiencies. All this is expected to have a positive impact on the global smart toys market during the forecast period.
Get More Insight @ https://www.transparencymarketresearch.com/pressrelease/smart-toys-market-2018-2026.htm
Smart Toys Market: Key Segments
In terms of product type, the app-enabled toys segment is expected to dominate the smart toys market during the forecast period. Based on the growth rate, the toys-to-life segment is expected to expand at a faster rate during the forecast period. Smart toys are projected to go through rapid acceptance in the educational industry. Several strategies and approaches have been established to increase the revenue of smart toys over the years, with technological alliances considered to be one of the most promising strategies. Alliances and collaborations are beneficial for both the parties i.e. the technology providers as well as leading players in the toy industry. However, concerns related to data security are on the rise as there are many examples regarding data privacy, security breaches, and a few cases of a data breach. Hence, in order to deal with these issues, toy industry players may opt for alliances with tech giants to come up with technologically advanced and secured smart toys. For instance, as Apple, Inc. is well-known for its uncheckable servers and significant technological advancements, toy manufacturers form alliances/ integration with Apple or any other tech firm.
In terms of age group, the 13 to 18 years segment is anticipated to hold a major share and maintain the share during the forecast period. Vendors in the smart toys industry are increasingly integrating innovative features in existing products. With the increasing focus of vendors on offering more convenience to end users, the smart toys market is anticipated to witness a large number of innovations and product expansions.
Get a PDF sample for Industrial Insights and Business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=49725
Smart Toys Market: Prominent Regions
Based on region, the Asia Pacific smart toys market has been categorized into China, India, Japan, and the Rest of APAC. China accounted for a dominant share of the APAC smart toys market in 2020 and is expected to remain dominant during the forecast period. The smart toys market is projected to be driven by rising in demand for the Internet of Toys and increasing technology.
Japan is expected to register the highest CAGR in the future in the APAC smart toys market. Key players operating in the smart toys market in the region are adopting new technologies to provide quality products to their customers. Increasing promotional activities are also anticipated to have a positive impact on the market in the region.
Global Players: Key Players
Key players operating in the global smart toys market are Hasbro Inc., Sony Corporation, Jakks Pacific Inc., Mattel Inc., The Lego Group, Playmobil, Kid II, Inc., KNex Industries Inc., Konami Corporation, and Leapfrog Entertainment, among others.
Get a Customized Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=49725
Global Smart Toys Market: Segmentation
Smart Toys Market, by Product Type
• App-enabled Toys
• Voice/Image Recognition Toys
• Screen fewer Toys
• Toys-to-Life
• Health Tracking Toys
• Others (Wearable, Puzzle Toys, etc.)
Smart Toys Market, Interfacing Device
• Smartphone-Connected Toys
• Tablet-Connected Toys
• Console-Connected Toys
Smart Toys Market, Age Group
• Up to Age of 5
• Age of 6 to Age of 8
• Age of 8 to Age of 12
• Age of 13 to Age of 18
• Above Age of 18
Smart Toys Market, Price
• Low
• Medium
• High
Smart Toys Market, Technology
• Wi-Fi
• Bluetooth
• Others (RFID, NFC, etc.)
Smart Toys Market, Distribution Channel
• Online
o E-commerce Websites
o Company Owned Websites
• Offline
o Hypermarket and Supermarkets
o Specialty Stores
o Other Retail-based Stores
Browse Latest Consumer Goods and Services Industry Research Reports by TMR
Hair Care Products Market - https://www.transparencymarketresearch.com/hair-care-products-market.html
Cosmetic Skin Care Market - https://www.transparencymarketresearch.com/cosmetic-skin-care-market.html
Skin Care Products Market - https://www.transparencymarketresearch.com/medicated-skin-care-products.html
Sun Care Market - https://www.transparencymarketresearch.com/sun-care-market.html
Consumer Electronics Market - https://www.transparencymarketresearch.com/consumer-electronics-market.html
Diaper Market - https://www.transparencymarketresearch.com/diapers-market.html
Down Alternatives Bedding and Apparel Market - https://www.transparencymarketresearch.com/europe-down-alternatives-bedding-and-apparel-market.html
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel -
https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Toys Market Will See Strong Expansion Through 2031 here
News-ID: 2695507 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Toys
Electric Toys Market Next Big Thing | Traxxas, Spin Master, Fat Brain Toys, Redc …
Advance Market Analytics published a new research publication on "Global Electric Toys Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Electric Toys market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Bubble Drone Market to See Booming Growth | Zhenlong toys, WL toys, JiaYuan toys …
Bubble Drone Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Bubble Drone Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next few years. Global leading players are…
Sustainable Toys Market In-detail Analysis till 2028 & COVID-19 Effect on Indust …
A worldwide Sustainable Toys Market research report offers marketing and business managers a platform to obtain critical information about their consumers so that existing customers can be retained and new ones can get onboard. Be it about looking for new product trends or competitive analysis of an existing or emerging market, an excellent market document has the best market research offerings and the required critical information. With this business report,…
Bubble Drone Market Is Booming Worldwide | WL toys, MJX, SYMA toys, UdiR/C, JiaY …
This report discusses many vital industry facets that influence Global Bubble Drone industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts…
Educational Toys & Learning Toys Market is Booming Worldwide with Goldlok Toys, …
The latest research on “Global Educational Toys & Learning Toys Report 2021” offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Market”.
Get Free Sample PDF including full TOC, Tables and Figures and Available customizations) in Global Educational Toys…
Electronic Toys Market Swot Analysis by key players HW Toys, Auldey Toys, Bandai …
Latest Market intelligence report released by HTF MI with title "Global Electronic Toys Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Electronic Toys Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is…
