About Baby Monitors
Baby monitors are the device used by parents remotely that monitors the sounds and movement of the baby. This technology also helps in providing live feed and also allows recording the sound and video footage. Additionally, it provides the baby's room temperature with some other features. These baby monitors are placed in the room of the baby in the absence of parents and delivers the video or audio to the connected device used by parents for monitoring.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies are continuously developing new features and technologies to differentiate their products and gain a competitive advantage, manufacturers offer baby monitors with smartphone integration, temperature monitoring, and motion detection features Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Motorola Mobility LLC (United States), Samsung Group (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Dorel Juvenile Group (Canada), Angelcare (Canada), Nanit (United States), Anker Technology (Eufy) (China) and Foscam (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Baby Monitors market by Type (Portable and Wearable) and Region.
On the basis of geography, the market of Baby Monitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarkets and Supermarkets will boost the Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Audio and Video Baby Monitors will boost the Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wireless will boost the Baby Monitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Portable Baby Monitors and Technological Advancement in the Baby Monitors
Market Growth Drivers:
Need for Ensuring Safety and Security of Babies and Demand for Baby Monitoring Devices Among Parents
Challenges:
Emerging Number of New Players with Counterfeit Baby Monitor Products
Restraints:
Problems Associated with the Connectivity of the Baby Monitor Device
Opportunities:
Increasing Awareness and Education Regarding Parenting will Boost the Baby Monitors and Introduction of Wearable Baby Monitors which also Helps in Monitoring Breathing of Babies
Market Leaders and their expansionary development strategies
In February 2021, Owlet Baby Care, the maker of connected infant-monitoring products targeted at consumers, has acquired Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) backed by Sandbridge Capital and PIMCO private funds, and to begin trading on the NYSE. The acquisitionallows accelerate our ability to invest in growth and product expansion
On 2nd February 2021, Nanit, creators of the only baby monitor that connects parents to their baby's health and well-being, announced the release of its next-generation smart baby monitor the Nanit Pro. The company also announced expanded distribution, with the launch of the Nanit Pro camera and Nanit Pro Complete Monitoring System, in-store at Target for the first time.
One of the main regulatory factors is safety. Baby monitors must comply with safety regulations set by regulatory bodies such as the Consumer Product Safety Commission (CPSC) in the United States and the European Union's CE marking requirements.
Key Target Audience
Baby Monitors Manufacturers, Baby Monitors International Traders, Baby Monitors Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.