Baby Monitoring Devices Global Market 2023 - By Opportunities, Future Scope, Upcoming Trends, Developments And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Baby Monitoring Devices Global Market Report 2023 identifies rising number of working women as the major driver for the Baby Monitoring Devices market's growth in the forecast period. Working women refer to employed women, who work and earn a salary, wages, or another kind of revenue through regular work outside the house. Employed mothers do not have enough time to care for their children while they are at work thus, a baby monitor is used to listen in on or keep an eye on the baby from a distance and sends notifications in the event of an emergency.

The global baby monitoring devices market size is expected to grow from $4.11 billion in 2022 to $4.50 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The baby monitoring devices market size is expected to grow to $6.36 billion in 2027 at a CAGR of 9.0%.

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Major competitors in the Baby Monitoring Devices market are Dorel Industries Inc., Samsung Electronics Co. Ltd., Angelcare Monitors Inc., Motorola Inc., iBaby Labs Inc., Summer Infant Inc.

A key trend in the Baby Monitoring Devices market includes product innovation. Major companies operating in the baby monitoring devices market are focused on developing innovative products to strengthen their position. For instance, in March 2020, Maxi-Cosi (a brand of Dorel Industries), a Canada-based manufacturer of juvenile products launched Connected Home, an innovative, smart, sensory, new line of sensory nursery products that are all controlled by a Maxi-Cosi Connected Home app or voice-activated via Alexa and Google.

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The Baby Monitoring Devices market is segmented -

• By Type: Internet Baby Monitor, Video Baby Monitor, Audio Baby Monitor
• By Mode Of Connection: Wired, Wireless
• By Application: Hospitals, Family, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Baby Monitoring Devices market.

The Business Research Company's "Global Baby Monitoring Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Baby Monitoring Devices Market Include:

1. Executive Summary
2. Baby Monitoring Devices Market Characteristics
3. Baby Monitoring Devices Market Trends And Strategies
4. Baby Monitoring Devices Market - Macro Economic Scenario
5. Baby Monitoring Devices Market Size And Growth
……………………………..
26. Africa Baby Monitoring Devices Market
27. Baby Monitoring Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Baby Monitoring Devices Market
29. Baby Monitoring Devices Market Future Outlook and Potential Analysis
30. Appendix

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