Press release
The Smart Toys Industry: Recognizing the Market's Potential and the High Demand Report's Forecast for 2030
The Global Smart Toys Market was valued at USD 3.2 billion in 2021 and is anticipated to reach USD 5.6 billion by 2030, recording a CAGR of 2.6% during the projection period. A significant driver of the market expansion is an increase in the middle-class population paired with increased smartphone penetration. Additionally, the use of technology-driven toys is being encouraged by the growing awareness of smart toys on tablets, smartphones, and social media platforms.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Retail/smart-toys-market/26012
Smart toys are those that integrate technology to enhance play while interacting with the child. Smart toys support these interactions by either recommending open play or acting in a way that fosters the child's imagination. One of three different types of responses, such as light, sound, or movement, is frequently produced by smart toys in response to a child's actions. Smart toys are able to have artificial intelligence since they have a volatile or non-volatile memory unit, microprocessor, and input & output devices.
๐๐ง๐ฅ๐ข๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ฎ๐๐ฌ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐๐๐ฅ๐ฅ๐ฒ
On the basis of the distribution channel, the global smart toys market is segmented into offline and online. The online segment has dominated the market share in 2021 due to the expanding e-commerce business across developing nations throughout the globe. Products for smart toys come in a wide variety of styles, colors, and designs.
By offering discounts to keep clients, online platforms are anticipated to contribute to the growth of the industry. E-commerce enables companies to purchase goods directly from producers and offer them to customers, which lowers transportation expenses and dramatically lowers the cost of upscale toys. These factors are expected to support the growth of the global market in the foreseeable future.
Growing e-commerce operations and increased interest in animated films are expected to create new opportunities for industry expansion. In online retail, the market for smart toys has experienced significant growth. The internet retail industry provides customers with a variety of buying choices. Additionally, individuals are using online payment options with a high level of confidence now that online payment security options have improved.
In addition to this, the adoption of cutting-edge technologies such as smart home appliances and technologies including IoT, AI, etc. is being fueled by the rise in disposable incomes among people around the globe, particularly among consumers in developing nations such as India, Canada, Mexico, the Middle East, and other countries.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Retail/smart-toys-market/26012
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ญ๐ข๐ฅ๐ข๐ณ๐ ๐๐จ๐๐ข๐๐ฅ ๐๐๐๐ข๐ ๐๐ง๐ ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ๐ฌ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ก๐๐ข๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ฌ๐
The prominent businesses in the smart toy sector show a significant regional presence. In order to increase their customer base, major firms in the sector are utilizing social media and e-commerce platforms. New product launches, mergers, and acquisitions, as well as the establishment of new storefronts to expand client reach, make up the majority of recent market developments.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
-Wonder Workshop, Inc
-Dream International
-Hasbro
-Indiegogo, Inc.
-Jakks Pacific
-Kids II Inc.
-KNEX Industries Inc.
-LeapFrog Enterprises Inc.
-Lego System A/S
-Mattel Inc.
-Peguino Ltd.
-Pillar Learning
๐๐๐๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ -
โ May 2021 - The Kinder Corporation, Oxford University, and Gameloft collaborated to launch Applaydu. This ground-breaking app brings Kinder Joy toys to life in a world of exploration and fantasy using augmented reality. The app also offers stories, games, and opportunities for exploration and creativity.
๐๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐๐ฌ๐๐ ๐๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
-Voice/Image Recognition Toys
-Educational Robots
-App-enabled Toys
-Others
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
-Wi-Fi
-Bluetooth
-Others
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
-Offline
-Online
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
-North America- U.S., Mexico, Canada
-Europe- UK, France, Germany, Italy, Spain, Rest of Europe
-Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
-South America- Brazil, Argentina, Colombia, Rest of South America
-The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Retail/smart-toys-market/26012
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐จ๐ฅ๐ ๐๐๐ซ๐ ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฆ๐๐ซ๐ญ ๐๐จ๐ฆ๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ
North America has dominated the market for smart toys globally in terms of market share due to the growing adoption of smart home technologies in the region. 30% of Americans own smart IoT devices, and demand for in-home smart products is growing, according to a survey conducted by Acquity Group. The strict safety and development requirements that the governments of North American nations have imposed for smart toys have contributed significantly to this regional market growth.
Nevertheless, it is projected that the Asia Pacific market for smart toys would expand over the coming years due to large investments in 3D printing and AI sensing technology. The major drivers of this region's rapid growth include the expanding digitalization trend, the growing appeal of smart toys, and increased R&D department spending.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Smart Toys Market
Chapter 5. Global Smart Toys Market Overview, By Product, 2017 - 2030 (USD Million)
Chapter 6. Global Smart Toys Market Overview, By Technology, 2017 - 2030 (USD Million)
Chapter 7. Global Smart Toys Market Overview, By Distribution Channel, 2017 - 2030 (USD Million)
Chapter 8. Global Smart Toys Market Overview, By Geography, 2017 - 2030 (USD Million)
Chapter 9. North America Smart Toys Market Overview, By Countries, 2017 - 2030 (USD Million)
....Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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