Baby Monitor Market business observes bountiful opportunities

A baby monitor is a device used to remotely listen to sounds made by a baby as well as track its movements. It comprises transmitter and a microphone. The baby monitor industry witnessed consistent growth since past few years. These monitors are most popular in the developed countries, such as U.S., Canada, and Western Europe. Introduction of high-end baby monitors with advanced features and improved online retailing have propelled the growth of the market in these regions.

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The global baby monitors market is segmented based on type, mode of connection, and geography. Based on type, baby monitors are categorized as audio and video baby monitors. Market is categorized as wired and wireless baby monitors depending on mode of connection. Wireless baby monitors offer the advantage of portability as well as ease of installation and connection as these can be easily connected to WLAN. The global baby monitors market is analyzed based on geographical regions, which include North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:
Drivers:
Increase in the number of nuclear families
Rise in number of working parents
Growth in awareness about baby safety
Increase in disposable income
Restraints:
Decline in birth rate due to sedentary lifestyle
Safety concerns associated with these products

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Market Players:

The top players in the global baby monitor market include Samsung Electronics Co. Ltd., Dorel Industries Inc., Angelcare Monitors Inc., LOREX Technology Inc., VTech Holdings Ltd., ShenZhen Foscam Intelligent Technology Co. Ltd, Summer Infant Inc., Koninklijke Philips N.V, Nest Lab. Inc., and Withings Inc.

KEY TAKEAWAYS

MARKET LANDSCAPE
By Type
? Audio
? Video
By Mode of Connection
? Wired
? Wireless

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