Baby Monitor Market Forecast 2021-26: Global Size, Share, Trends and Report

 

Global Baby Monitor Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027-Increasing technological innovations and growing working women population are the factors driving the growth of the global baby monitors market.

Global Baby Monitor Market is valued at USD 1.47 Billion in 2020 and expected to reach USD 2.16 Billion by 2027 with a CAGR of 5.6% over the forecast period.

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Scope of Global Baby Monitor Market Report–

A baby monitor used to remotely monitor the sounds and movements of a baby. An audio system of baby monitor consists of a transmitter unit, provided with a microphone, placed near to the baby. Baby monitors also give  bilateral communication which allows the parent to speak back to the child. Some baby monitor allows music to be played to the child. A baby cam is a video camera and receiver in baby monitor system. The primary use of baby monitors is to hear when an infant wakes, while out of immediate hearing distance of the infant. Baby and young children can often be heard over a baby monitor in talk, in which they talk to themselves. The Zenith Radio Nurse in 1937 introduced the first baby monitor by Eugene F. McDonald and designed by Isamu Noguchi.

 Because of Covid-19 pandemic, the baby monitor market is affected. Most projects in the United States, Germany, China and South Korea have been postponed. These companies are facing short-term operational problems because of supply chain constraints and the inaccessibility of factories due to the COVID-19 outbreak. Because of the COVID-19 impact in China, Japan, and India, the spread of COVID-19 is expected to severely impact the Asia-Pacific region.

Global baby monitor market report is segmented on the basis of type, application, mode of connectivity, distribution channel and by regional & country level. Based upon type, baby monitor market is classified into video monitors, audio monitors, digital monitors and dual parent monitors. Based upon applications, baby monitor market is classified into less than 1 years old children, 1-5 years old children and others. Based upon mode of connectivity, baby monitor market is classified into wired baby monitors and wireless baby monitors. Based upon distribution channel, baby monitor market is classified into retail stores, supermarket/hypermarket, e-commerce, specialty stores.

The regions covered in baby monitor market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global baby monitor sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (UAE, Egypt, Saudi Arabia) GCC, Africa, etc.

Key Players for Global Baby Monitor Market Report-

Some key players for global baby monitor market report are LOREX Technology Inc., Summer Infant Inc., Koninklijke Philips N.V, Nest Lab. Inc., Shen Zhen Foscam Intelligent Technology Co. Dorel Industries Inc., Owlet Baby Care, Angelcare Monitors Inc., Samsung Electronics Co. Ltd., VT tech Holdings Ltd., Ltd, Withings Inc, Others

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Increasing requirement of baby monitor along with the growing number of working mothers is one of the major factors drive the global baby monitor market growth

The major factor driving the growth of baby monitor market is increasing working women. Now days a radical increase in the number of women participating in labour force across early-industrialized countries. The increasing participation of women including mothers with babies has led to the rise in sales of monitoring devices including baby monitors. In addition, the baby monitor market is mainly driven by growing financial incentives and regulatory support from governments around the world. Governments are initiating child safety measures to reduce the sudden unexpected infant death (SUID) cases. For instance, child care and development block grant was reauthorized to provide additional safety and protection for babies. As stated by CDC report, about 1,300 deaths happened caused by SIDS, about 1,300 deaths caused by undisclosed causes and about 800 deaths caused by accidental suffocation and strangulation in bed. Above reason is enough fuel to bloom advanced child safety devices such as baby monitors that ensure safety of babies and offer reassurance to parents. Moreover, online selling has played a vital role in the distribution of baby monitors. Online selling has increased the transparency of these products that has made them accessible across geographies. E-retailing has observed faster taking on owing to its cost effective and time saving benefits, and this trend is expected to spur the sale of baby monitors in the coming future. However, many parents feel that a baby video monitor is a costly and unnecessary luxury. Like as, AI powered baby monitors are more expensive than the conventional products. Thus, the high cost of baby monitors will hamper the market growth. Furthermore, innovation in technology , surge in demand from emerging countries, using  of artificial intelligence and a growing awareness of the advantages provided by these devices which leads to provide more opportunities for the further of baby monitors market during forecast  period.

North America Is Anticipated To Dominate the Global Baby Monitor Market

The global baby monitors market is subdivided into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is dominating the global baby monitors market and is expected caused by the rising trend of nuclear families, increasing purchasing power of the consumer and rising SUID cases. By CDC, about 3,500 sudden unexpected baby died (SUID) per year in the United States. The growth is also attributed to the advancement of these devices and rising personal equity investment specifically in the electronics sector in developed markets such as the United States and Canada. Furthermore, increasing awareness in parents regarding childcare and strong selling health technology is also anticipated to witness regional market growth. For example, Leading player, Philips acquired Health & Parenting Ltd, a London-based developer of healthcare and family-related mobile applications for expecting and new parents. UGrow is a mobile app, connected to devices and services that combine into a complete digital platform to provide unique, personalized insights into baby’s development and monitoring.

Asia Pacific is forecasted to witness the fastest growth in the upcoming years. Rising working population especially women’s in countries including Japan, Thailand, China, Indonesia, and India is expected to be a key factor driving the market. As stated by ILO report, about 1.3 billion people work informally in Asia-Pacific. In addition, report shows, men are more likely to be in informal employment than women in Eastern Asia, but also, women in employment are more likely engaged in informal work than men in South-Eastern Asia. Furthermore, the fast acquiring of technology among the working parents, along with the rising spending capacity of people, has been stroke up the demand for smart baby monitor in this region.

Key Benefits for Global Baby Monitor Market Report–

  • Global baby monitor market report covers in-depth historical and forecast analysis.
  • Global baby monitor market research report provides detail information about market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global baby monitor market report helps to identify opportunities in marketplace.
  • Global baby monitor market report covers extensive analysis of emerging trends and competitive landscape.

Global Baby Monitor Market Segmentation:-

By Type:-

  • Video Monitors
  • Audio Monitors
  • Digital Monitors
  • Dual Parent Monitors

By Applications:-

  • Less than 1 years old Children
  • 1-5 Years Old Children
  • Others

By Mode of Connectivity:-

  • Wired Baby Monitors
  • Wireless Baby Monitors

By Distribution Channel:

  • Retail Stores
  • Supermarket/Hypermarket
  • E-Commerce
  • Specialty Stores

By Regional & Country Level:

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • France
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

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