The article cited AMA's Global Smart Connected Baby Monitors Market Study explored substantial growth with CAGR of %. According the report, Growth in online retailing for such products
is one of the primary growth factors for the market. Increasing demand due to safety concerns related to child
is also expected to contribute significantly to the Smart Connected Baby Monitors market. Overall, Household
applications of Smart Connected Baby Monitors, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Samsung Electronics Co. Ltd. (South Korean), Dorel Industries Inc. (Canada), Angelcare Monitors Inc. (Canada), LOREX Technology Inc. (Canada), VTech Holdings Ltd. (Hong Kong), ShenZhen Foscam Intelligent Technology Co., Ltd (China), Summer Infant Inc. (United States), Koninklijke Philips N.V (Netherlands), Nest Lab. Inc. (United States) and Withings Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Connectivity, such as Wi-Fi, is boosting the Smart Connected Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Features, such as Night Vision, is boosting the Smart Connected Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Mounting Type, such as Wall Mount, is boosting the Smart Connected Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Smart Connected Baby Monitors market identified that the demand is rising in many different parts of the world as "Growing adoption of nuclear family concept
". Furthermore, some recent industry insights like "In September 2023, VTech launched smart nursery baby monitor with AI capabilities for enhanced baby safety and comfort. It is a crib mounted video baby monitor that provides full view of your baby with sleep analytics and real-time alerts to help deliver the best monitor on the market. The newly launched monitor comes with features such as AI camera and breathing sensor tag for face detection, breathing patterns, motion, and roll-over movements which helps to offer extra layer of protection" is constantly making the industry dynamic. One of the challenges that industry facing is "Decreasing birth rate due to government regulation and Consciousness to be completely dependent on such devices"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Smart Connected Baby Monitors market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Smart Connected Baby Monitors market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Smart Connected Baby Monitors market tight? Which application/end-user category or Product Type [Audio smart connected baby monitors and Video smart connected baby monitors] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smart Connected Baby Monitors market and other related sub-markets covered in the study.
o Key & emerging players in the Smart Connected Baby Monitors market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Smart Connected Baby Monitors market size is calculated using market estimation process, the Smart Connected Baby Monitors market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smart Connected Baby Monitors market size has been validated using both top-down and bottom-up approaches.