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Smart Toys Global Market Size, Share, Industry Trends, By Product, By Type, Technology, Distribution Channel, End-User, Regions, Competitive Analysis And Forecast 2022-2031

Smart Toys Global Market Size, Share, Industry Trends,

The global smart toys market report by the business research company identifies increasing awareness of technology-led education in the smart toys market is expected to propel the growth of the smart toys market in the forecast period. Technology-led education refers to the integration of instructional technology into the learning environment of schools. This type of technology education will make learning fun and help children learn more. The educational value associated with such toys has increased participants to introduce more e-learning technologies with more advanced voice recognition features and hardware sensors that make the product more intelligent, interactive, and dynamic. E-learning is one of the biggest revolutions in the smart toys Industry. For instance, in the year 2021, according to think impact.com, an Australia-based non-profit organization, nearly 75% of schools are planning to operate online, 57% of all US students are equipped with digital tools, and 80% of schools have purchased or are preparing to purchase additional technology for students. An increase in awareness of technology-led education will help children increase their IQ and promote problem-solving skills. Thus, due to an increase in technology-led education, there will be growth in the smart toys market.

The global smart toys market size is expected to grow from $11.87 billion in 2021 to $14.14 billion in 2022 at a compound annual growth rate (CAGR) of 19.16%. The global smart toys market size is expected to reach $29.70 billion in 2026 at a compound annual growth rate (CAGR) of 20.39%.

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North America was the largest region in the smart toys market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global smart toys market during the forecast period. The regions covered in the global smart toys market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the smart toys market are KNEX Industries Inc., The Lego Group, Mattel Inc., Hasbro Inc., JAKKS Pacific Inc., Robofi LLC, Primo Toys, Leapfrog Enterprises Inc., Sega Toys Co., Ltd., Pillar Learning, Dream International, and Leapfrog Entertainment.

The global smart toys market is segmented -
1) By Technology: Wi-Fi, Bluetooth, Other Technologies (NFC and RFID)
2) By Distribution Channel: Online Market, Speciality Stores, Toy Shops
3) By Type: Robots, Interactive Games, Educational Robots
4) By Interfacing Device: Smartphone-Connected Toys, Tablet-Connected Toys, Console-Connected Toys, App-Connected Drones
5) By End User: Toddlers, Pre-Schoolers, School-Going, Stripling

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The Smart Toys Market Report Contents Include
1. Executive Summary
2. Smart Toys Market Characteristics
3. Smart Toys Market Trends And Strategies
4. Impact Of COVID-19 On Smart Toys
5. Smart Toys Market Size And Growth
.....
26. Africa Smart Toys Market
27. Smart Toys Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Toys Market
29. Smart Toys Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the smart toys market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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