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Tech Innovation to Boost Growth in the Global Smart Crib Market Through 2031

08-10-2022 09:15 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Smart Crib Market

Smart Crib Market

Managing baby items like smart cribs via a remote device or app is expected to drive the global smart crib market in the coming years. Moreover, the surge in demand for automated products that provide remote access via mobiles, tablets, and other computing gadgets is likely to raise the demand for smart cribs. Key market players are developing unique goods with enhanced features that assist new parents in overcoming a variety of baby sleeping and tracking concerns. Parental preference for smart products, technical improvements in baby cribs, and an increase in the number of baby care centers and super-specialty and multi-specialty hospitals are projected to propel the smart crib market in the following years.

The global smart crib market is anticipated to reach US$ 545.4 Mn by 2031, advancing at a CAGR of 6.4% from 2022 to 2031 (forecast period).

Strong Dependency of New Parents on Smart Baby Products Propels Market Growth

Since sensors or microphones identify and calm various sorts of cries, a smart crib assures that the baby sleeps for a lengthy span of time. Due to their hectic lifestyle, work stress, and small family, new parents are heavily dependent on smart cribs. The aspects that are anticipated to enhance the sales of smart cribs include an uptick in the birth rate, an increase in customer spending power, and new parents' reliance on smart baby products with technologically sophisticated capabilities.

Moreover, prominent manufacturers are marketing smart cribs through digital mediums, which is driving the global smart crib market. Mothers with C-sections have limited movement owing to the healing process after delivery. This is also fueling global demand for more dependable cribs like smart cribs.

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Infant Segment to Witness Significant Growth
The global smart crib market has been segmented by age group into toddler, infant, and newborn. The infant segment is expected to be the largest revenue generator in smart crib market during the projection period.

This is due to millennial parents' increased acceptance of smart baby items, which they believe to be optimal purchase based on learning and development patterns, weight, and overall size. Smart solutions integrated into sophisticated technology are being recommended by key regulatory agencies.

They also advise using sensors and other security measures during the infant period instead of the newborn stage.

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Asia Pacific to Dominate Smart Crib Market
Asia Pacific is expected to dominate the global smart crib market during the projection period. Increased birth rates, rising disposable income of millennial parents, increased awareness of smart and lasting juvenile items, and rising demand for baby furnishings are important aspects driving the smart crib market in Asia Pacific. India and China are the leading producers of smart cribs. Moreover, the growing number of professional women in the region who view smart cribs to be a better alternative for baby protection and overall tracking is fueling market expansion.

The smart crib market in Europe and North America is expected to grow during the forecast period due to the increased demand for dependable parenting solutions. Moreover, developing markets in South America, such as Argentina and Brazil, are expected to experience a huge rise in demand for smart cribs in the coming years.

Leading players in the smart crib market are Happiest Baby, Inc., Mothercare plc, 4moms, Chicco (Artsana S.p.A.), Halo, RONBEI Baby Product Co. Ltd, Cradlewise, Inc., Fisher-Price, Graco Children's Products Inc., and Baby Delight Inc.

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The global smart crib market is segmented as follows:

By Product Type

• Standard Crib
• Convertible Crib
• Portable Crib
• Multi-purpose Crib

By Connectivity

• Bluetooth
• Wi-Fi

By Age Group

• Newborn
• Infant
• Toddler

By Price

• Low (Under US$ 500)
• Medium (US$ 500-US$ 1000)
• High (More than US$ 1000)

By End-use

• Residential
• Commercial

By Distribution

• Direct Sales
• Indirect Sales
• Online Sales

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

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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.

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
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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
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