Press release
The global interactive baby monitors market is expected to cross US$2 billion by 2022
Dorel, Flir Lorex, Mattel, Motorola, Philips, Samsung, Summer Infant are the top leaders in the global market. The global baby monitors market is expected to cross US$2 billion growing at a CAGR of 12.3% during the period 2017−2022. With the growth in indispensable income, introduction of smart baby monitors and increased marketing activities and visibility of these products online are majorly driving the market growth. In terms of revenue the audio and video monitor segment will remain in the leading position, whereas the audio only monitor segment will remain dominant in terms of shipment. Based on connectivity, the cordless baby monitors segment will lead the overall market both in terms of revenue and shipment. The digital segment is likely to surpass the analog technology in terms of signal transmission. Although Europe remained the largest market in 2016, North America and APAC are gaining momentum and are expected to increase their market presence during the forecast period.View report: https://www.arizton.com/reports/smarttech-market-analysis/interactive-baby-monitors-market
Interactive Baby Monitors Market Key Vendor Analysis
Currently, the competitive scenario in the global interactive baby monitor market is intensifying. The competition will be based solely in terms of features such as quality, quantity, technology, services, and price. The market competition is expected to intensify further with an increase in product/service extensions, technological innovations, and M&A.
Major Vendors are
Dorel
Flir Lorex
Mattel
Motorola
Philips
Samsung
Summer Infant
Other Prominent vendors in the interactive baby monitor devices segment mentioned in the report are BabyPing, Dropcam (Nestlab), Foscam, Graco, VTech, WiFi Baby, and Withings.
Emerging Vendors in the market are SEP Solutions, Philips, iBaby Labs, Motorola, Stem Innovation, Belkin International, Chinavision
The prominent vendors in the baby movement monitor market are Angelcare, Bluespark, Hisense, Mayborn Group, Snuza, Exmovere, iBaby Guard, infanttech, Jablotron, MonDevices, Owlet Baby Care, Respisense, Rest Devices, Safetosleep, and Tomy International.
Growing awareness of SUID leading to increased sales
A rise in the number of newborns is a key demographic factor influencing the sale potential of baby monitors. Also, growing awareness about SUID (Sudden Unexpected Infant Death) is another major reason for the increase in the sale of monitoring devices. Introduction of smart technology-driven products and increased popularity of movement/motion-detection monitors and popularity of IoT and smart home devices are some of the latest trends that are emerging and are expected to catalyze the interactive baby monitors market growth during the forecast period.
About Arizton Advisory & Intelligence
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