A baby monitor is a type of baby alarm used to listen to sounds made by a baby remotely. The system consists of an audio, video, and movement monitor. An audio monitor comprises a transmitter unit, equipped with a microphone, positioned near to the child. Baby monitor also provide two-way communication, which enables the parent to speak back to the infant. A video camera is also used in baby monitor systems which are called as a baby cam.
The global baby monitor market is driven by factors such as the growing number of working parents and the demand for baby monitor in potential regions such as the Asia Pacific. Also, growth in disposable income in emerging economies is positively impacting the baby monitor market. However, lack of awareness of the baby monitor systems in developing countries of Africa might hamper the growth of the market. Furthermore, technological infrastructure and an increase in the adoption of innovative baby products are some of the major factors creating opportunities for the market.
The "Global Baby Monitor Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global baby monitor market with detailed market segmentation by product type, connectivity type, and geography. The global baby monitor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading baby monitor market players and offers key trends and opportunities in the market.
The global baby monitor market is segmented on the basis product type and connectivity type. On the basis of product type, the baby monitor market is segmented into audio monitor, video monitor, and movement monitor. On the basis of connectivity type, the baby monitor market is segmented into wired and wireless.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global baby monitor market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The baby monitor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the baby monitor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the baby monitor market in these regions.
The reports cover key developments in the baby monitor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from baby monitor market are anticipated to lucrative growth opportunities in the future with the rising demand for baby monitor in the global market. Below mentioned is the list of few companies engaged in the baby monitor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the baby monitor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Angelcare Monitor Inc.
- Dorel Industries Inc.
- FLIR Systems Inc.
- Koninklijke Philips N.V.
- Motorola Solutions, Inc.
- Samsung Electronics Co. Ltd
- Sony Corporation
- Summer Infant, Inc.
- VTech Holdings Limited
- Withings S.A
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.