Baby Monitor Market Analysis By Key Players, SWOT Analysis, Growth Factors, and Forecast till 2028
Global Baby Monitor Market By Product Type (Audio Baby Monitors, Video Baby Monitors, and Audio-Visual Baby Monitors), By Connectivity (Wired Baby Monitors And Wireless Baby Monitors), By Distribution Channel (Retail Stores, Supermarket/ Hypermarket, E-Commerce, and Specialty Stores) And By End User (Home Care, and Day Care) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028
As per the study initiated by Evolve Business Intelligence, the global Baby Monitor Market is expected to grow at a CAGR of 9.12% from 2021 to 2028.
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- The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
- The companies operating in the Baby Monitor market have been negatively impacted due to the COVID-19 pandemic resulted in a decrease in the growth of the market for 2020 and 2021.
The major factor that has impacted the growth of the market includes Technological innovations is a major factor fuelling the growth of the baby monitor market. Smart baby monitors provide remote monitoring along with noise detection. The surge in innovative baby products such as smart baby monitor with wall mount camera also contributes to the demand for baby monitors significantly.
North America dominates the global baby monitor market. Furthermore, rising per capita income and rising internet penetration in these regions contribute to the expansion of the baby monitor market.
The Asia Pacific is expected to grow the fastest during the forecast period, owing to rising demand for various types of baby monitors.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Baby Monitor market provides an in-depth analysis of key players which includes:
- Dorel Industries Inc.
- Angelcare Monitors Inc.
- LOREX Technology Inc.
- VTech Holdings Ltd.
- Mayborn Group Ltd.
- Summer Infant Inc.
- Koninklijke Philips N.V
- Owlet Baby Care
|Market Size (2020)||$ Billion|
|CAGR (2021 to 2028)||More than 9.12%|
|Market Segmentation||Product Type, Connectivity, Distribution Channel, and End User|
|Companies profiled||Samsung, Dorel Industries Inc, Angelcare Monitors Inc, LOREX Technology Inc, VTech Holdings Ltd, Mayborn Group Ltd, Summer Infant Inc, Koninklijke Philips, Owlet Baby Care, Withings|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America|
|Forecast Years||2022 to 2028|
The global Baby Monitor Market is segmented based on Product Type, Connectivity, Distribution Channel, and End User. Based on Product Type, the market is segmented as Audio Baby Monitors, Video Baby Monitors, and Audio-Visual Baby Monitors. Based on Connectivity, the market is segmented as Wired Baby Monitors and Wireless Baby Monitors. Based on Distribution Channel, the market is segmented as Retail Stores, Supermarket/ Hypermarket, E-Commerce, and Specialty Stores, and based on the End User, the market is analyzed on Home Care and Day Care.
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
- The Impact of COVID-19 on the global market
- What are the potential opportunities for new entrants in the global market
- What is the market Size and Forecast from 2020 to 2028?
- Key Players associated with the global Baby Monitor Market
- Value Chain Analysis of Global Baby Monitor Market
- What is the CAGR of the global Baby Monitor Market from 2021 to 2028
- Major Growth Factor, Challenges, Trends, and Opportunities in the global market
- Key outcomes of SWOT Analysis
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