Press release
The Global Baby Monitors Market is Expected to grow at a CAGR of 12.3% During the Forecast Period 2016–2022
Baby Monitors Market – Report InsightsBaby montors are the devices or systems used by parents to remotely monitor the movement and sounds of their babies in their cribs. A basic audio baby monitors unit consists of a radio system, a transmitter unit, and a microphone. The sound produced by the baby is transmitted via radio waves to the receiver. The receiver, which is usually carried by the parents, contains an inbuilt speaker that allows the parents to listen to the sound made by the baby from various locations within a certain range.
Scope of the Report
The report “Global Baby Monitors Market – Strategic Assessment and Forecast 2017-2022” considers the present scenario of the global baby monitors market and its strategic assessment for the period 2017–2022. It also includes a detailed study of growth drivers, trends, and restraints. It also includes leading vendors in the market and other prominent key vendors.
The report provides a detailed analysis of the key segments of the market by product type, distribution channels, geography, country, and vendors. It provides a comprehensive analysis of market size and forecast in terms of the following:
Revenue
Shipment
By Product
Audio only
Audio and video
Fixed video
Pan-and-tilt
Movement/motion detection
Under-the-mattress
Diaper attachment
Smart wearables
Others
Based on connectivity
Corded/wired
Cordless/wireless
Based on signal of transmission
Analog
Digital
By Distribution Channel
Retail
Specialty stores
Mass Market Players
Boutiques
Electronics and electrical stores
Online
By Geography
APAC
Europe
Latin America
MEA
North America
The report includes the market size in terms of product type for each region.
For more details, View: http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/baby-monitors-market/
Baby Monitors Market – Market Size and Dynamics
Analysts at Beige Market Intelligence expect the market is likely to grow at a CAGR of 12.3% during the forecast period. Baby monitors have become indispensable for working parents. As a result, the market is witnessing a rise in the number of dual-income households in developing markets. Furthermore, the increase in per capita income also constitute a major reason for increased spend on baby monitors. Apart from the increasing demand from developing markets, factors such as the introduction of smart baby monitors and enhanced marketing and visibility of these products online have contributed to the market growth. The global demand for baby monitors is likely to post a CAGR more than 10% in terms of unit shipment during 2016−2022.
In terms of unit shipment, the audio only segment accounted for more than 45% of the market share and held the leading position in 2016. It was followed by the audio and video segment. The audio and video baby monitors segment was the largest revenue contributor in the market in 2016. The feel of real-time interactions between parents and babies is a major factor behind the high adoption of audio and video baby monitors. Similarly, the cordless baby monitors segment accounts for the largest market share in the overall market both in terms of revenue and shipment. The analog segment is likely to lose the market share to the digital technology segment during the forecast period, both in terms of revenue and shipment.
To read more about the report: http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/baby-monitors-market/
About Beige Market Intelligence:
Beige Market Intelligence is a new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analyzed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.
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