openPR Logo
Press release

Baby Monitors Market Estimated to Experience a Hike in Growth by 2024

09-28-2017 08:37 AM CET | Health & Medicine

Press release from: TMR - Research Reports

Baby Monitors Market Estimated to Experience a Hike in Growth

In the same publication authored by TMR, the global baby monitors market has been foreseen to earn a US$1.2 bn by the end of 2024 at a CAGR of 4.4% for the forecast period 2016–2024. In 2015, a revenue valuation of US$0.8 bn was achieved. During the same year, wireless baby monitors had raked in a telling share of approximately 82.8% in the connectivity baby monitors market. From a geographical point of view, North America could sustain its supremacy in the market as it had secured a more than 40.0% share in 2015.

Easy Shopping and Access to Products Facilitated by Online Retailers Boost Growth

The analysts have envisaged a wealth of factors that could help the world baby monitors market to attract a massive demand until the concluding forecast year. One of them is the towering increase in the count of online retailers. The global sale of baby monitors could improve drastically in future, owing to an easy access to a broad scope of products that buyers could choose from online. This could save a whole lot of time for the buyers, which is way better than completely relying on the time-consuming task of visiting physical stores to shop for baby monitors.

View and Download TOC of Baby Monitors Market Research Report@

Buyers have also been expected to come across some good deals as online retailers of baby monitors could be involved in a tough competition. The future has been predicted to hold a high significance for online shopping, ultimately propelling the growth of the world baby monitors market.

Hacking Tools and Tactics Create Fear in Parents Adopting Baby Monitors

When looking to up the ante in the international baby monitors market, industry players could encounter a few challenges such as falling birth rates due to the rising prevalence of sedentary lifestyle and increased stress levels. This has been envisioned to have some impact on the overall development of the market, especially in North America and Europe. Besides this, the fear of baby monitors being hacked and turned into spy cameras in view of IT advancements birthing smart products that could be controlled via smartphone apps has been projected to impede the demand in the market.

Request and Download Sample Report@

Nevertheless, the demand for baby monitors could see an improvement as more number of parents take up full-time jobs and turn to daycare facilities to care for their children when not around. Baby monitors find an extremely valuable application in daycare facilities for keeping a tab on the whereabouts of the enrolled children and ensuring their safety. The increasing per capita expenditure of emerging countries on child care products has been prophesied to be another factor bolstering the growth of the international baby monitors market.

The global baby monitors market has been foretold by the authors of a Transparency Market Research (TMR) publication to display a significantly consolidated vendor landscape in the coming years. This could be evident through an almost 60.0% share collectively accounted in 2015 by five of the top companies dealing with the business of baby monitors. With an estimated 19.8% share, Motorola Solutions, Inc. had been at the helm of the market in the same year. In an effort to distinguish their offerings from the rest and give them a technologically advanced nature, companies have been anticipated to increasingly focus on research and development.

Buy Full Baby Monitors Market Report@<ype=S

About TMR

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Baby Monitors Market Estimated to Experience a Hike in Growth by 2024 here

News-ID: 744846 • Views: 100

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases

More Releases for Baby

Baby Spa
Baby Spa business is the most trending model of the global spa industry, and we have observed a growth in the businesses or franchises from the past few years. The baby spa serves the babies from two weeks old up to 9 months old baby. There are two main services involved in the therapy, i.e., hydrotherapy, and baby massage; the warm water and gently massage will help baby's physical growth,
Baby Mats Market 2019 - Baby Care, Bright Starts, Lollaland, Baby Mushroom, Baby …
Global Baby Mats Market 2019-2024: According to the Global Baby Mats Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 – 2025, showing good progress, rising at a CAGR of XX%. The global Baby Mats Market report covers a detailed analysis of the Baby Mats Market including the various parameters on which the Baby Mats Market
Norway Baby food 2018
The Norway Baby Food Markets research report introduces a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry- approved market data. Within the near future, the Norway Baby Food Market is expected to lead in terms of rate of growth. The report shows a detailed picture of the market by way of study, synthesis, and summation of information from multiple sources. The report
Baby Bottle Sterilizer Market
Various countries all over the world represents a significant potential and untapped market for various baby care products. With increasing awareness, uplifting income levels, and change in consumer behavior. Apart from this, huge population base in age group of 0-4 years and preferences of parents to spend more on baby products will further strengthen the demand for baby care products in the country. The global baby bottle sterilizer market has
Baby Food in Singapore
The Singaporean baby food market is small in terms of total size, but highly developed in terms of per capita consumption. The fluctuations in the number of births have a clear effect on sales. In value terms, almost 90% of the market consists of baby milks, with the bulk of the remainder split between baby meals/drinks and baby cereals in 2015. In volume terms, milk accounts for 76.9%, wet meals
Baby Food in Australia
Latest Report on Baby Food in Australia The impact of milk formula shortages continued to be keenly felt in Australia in 2016. The press consistently covered the complaints of parents nationwide, with many facing empty shelves and buying restrictions in chemists and supermarkets. Australia’s two leading supermarkets, Coles and Woolworths, maintained limits on purchases of milk formula, capping purchases at two and four units per customer respectively. International demand for local