Smart Baby Monitor Market to hit USD 3 billion by 2032, says Global Market Insights Inc.
Smart baby monitor industry is projected to witness a CAGR of 9.5% during the period 2023-2032. This growth can be attributed to growing awareness about the benefits of smart baby monitors.
Selbyville, Delaware, May 21, 2024 (GLOBE NEWSWIRE) —
Smart Baby Monitor
Smart Baby Monitor Industry Players
Top companies in the smart baby monitor market include Motorola, VTech Communications, Nest Labs (owned by Google), Philips, Samsung Electronics, Summer Infant, Angelcare, and Owlet Baby Care. Notable development strategies include expanding distribution networks, establishing strategic partnerships with local retailers and e-commerce platforms, investments in marketing and promotional activities based on regional preferences, and localizing products to meet specific cultural and linguistic requirements. In addition, companies focus on product innovation and technology development to meet the changing needs of consumers.
Partial Table of Contents (ToC) of the report:
Chapter 2 Executive Summary
2.1 Smart baby monitor market 360º synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Product type trends
2.5 Technology trends
2.6 Distribution channel trends
2.7 Connectivity trends
Chapter 3 Smart Baby Monitor Industry Insights
3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.8.1 Partnership/Collaboration
3.8.2 Merger/Acquisition
3.8.3 Investment
3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Improved video quality, enhanced connectivity options, and AI-powered features
3.10.1.2 Growing awareness about the benefits of smart baby monitors
3.10.1.3 Rising urbanization and dual-income families’ need for convenient monitoring solutions
3.10.1.4 Emphasis on ensuring the safety and security of infants
3.10.2 Industry pitfalls & challenges
3.10.2.1 Privacy and security risks
3.10.2.2 Cost & affordability
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
Browse more child safety industry reports @ https://www.gminsights.com/industry-reports/child-safety/84
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected] Read More News @ https://ibmag.com
