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Baby Monitor Market

Baby Monitor Market

Baby Monitor Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

146

Base Year:

2021

Date

May - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1540

Segments Covered
  • By Product Type Audio, Video
  • By Connectivity Wired, Wireless
  • By Distribution Channel Retail Stores, Supermarket/Hypermarket, E-Commerce, Specialty Stores
  • By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: USD 1,352.9 Million
Revenue 2028Revenue 2028: USD 1,833.8 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 5.2%
Fastest Growing Region Fastest Growing Region (2021 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Baby Monitor Market Share

Global Baby Monitor Market

Baby Monitor Market- By Product Type, Distribution Channel, Connectivity, and Region.

Market Synopsis:

The Global Baby Monitor Market is valued at USD 1,352.9 Million in the year 2021 and is anticipated to reach a value of USD 1,833.8 Million by the year 2028. The Global Market is projected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period.

Baby Monitor Market Size, 2021 To 2028 (USD Million)

A Baby Monitor is an electronic gadget that parents use to efficiently and continuously watch their newborns' movements and sounds. The device functions as an alert system, detecting baby activities and communicating signals about the baby's condition to the worried guardian via a Wi-Fi or wired networking platform. In the present era, when parents are preoccupied with their careers, a baby monitoring system can be a vital alternative for correctly handling babies instead of hiring a nanny or keeping them in an infant daycare facility.

As a consequence of the progress of the worldwide electronics industry and the advent of digitalization, the Global Baby Monitor Market is quickly developing. Furthermore, the rise in numerous working families, as well as the increase in the number of working women, are two major factors driving the market for baby monitors. Consumer demand for wireless monitors has increased, owing to their ease of connection and simple design as compared to traditional cable cameras. Moreover, an increase in disposable income, an improvement in living standards, an increase in infant care cost, and widespread advertising of video surveillance to its benefits, such as real-time interaction with children, all contribute to the growth of video Baby Monitor goods. Further, an increase in the demand for monitoring in baby's nurseries, as well as an increase in the working population, drive market expansion.

Furthermore, the Baby Monitor Market demand is predicted to expand due to the introduction of new technologies such as smart monitors and temperature sensors the monitors. Customers want innovative technology and easy-to-use interactive features in their monitors, which is projected to boost the growth of the Baby Monitor Market.

Market Segmentation:

The Baby Monitor Market is segmented on the basis of Product Type, Connectivity, and Distribution Channel. On the basis of Product Type, the market is segmented into Audio and Video. On the basis of Connectivity, the market is categorized into Wired and Wireless. On the basis of Distribution Channel, the market is categorised into Retail Stores, Supermarkets/Hypermarkets, E-Commerce, and Specialty Stores.

Below tree is interactive. You can click the nodes to get more information.

Based on Product Type:

On the basis of Product Type, the market is segmented into Audio and Video. During the forecast period, the video Baby Monitor sub-segment is estimated to hold the highest share of the global market. Video baby monitors are essential for capturing round-the-clock data on the newborn and alerting parents when indicators of distress, such as vomiting and crying, are detected. As a result, demand for video baby monitors has mostly surged among millennial parents, supporting market development. Furthermore, rising disposable incomes and greater financial stability in developing countries such as China, India, and Brazil may increase the demand for infant monitoring systems in these countries.

Based on Connectivity:

On the basis of Connectivity, the market is categorized into Wired and Wireless. The wireless sub-segment of the Global Baby Monitor Market is expected to develop the fastest. Wireless (Wi-Fi) baby monitors link to current internet networks and can be managed by any smart device, such as smartphones, laptops, and desktop computers. These baby monitors are equipped with both video and audio capabilities. Furthermore, crucial features such as voice assistants, real-time footage of the infant, and the option to record video footage through the mobile app or cloud storage may drive demand for wireless monitors in the coming years. Furthermore, top suppliers such as Motorola (Binatone), Cocoon Cam, and others are offering significant savings on Wi-Fi baby monitors with 1080p and night vision cameras. In the future, such factors are projected to boost the wireless Baby Monitor sub-segment.

North America is expected to have the biggest market share in 2021

North America is projected to acquire the largest market share during the year 2021 with a share of 42.1%. North America now dominates the global baby monitors market and is anticipated to do so in the near future. This increase is mostly due to the increasing tendency of nuclear families, people's increased spending ability, and a growing knowledge of the benefits provided by these devices. The advancement of these technologies, as well as increased personal equity investment, are also contributed to the rise, particularly in the electronics sector in developed nations such as the United States and Canada. Furthermore, the region is expected to see an increase in parental knowledge of childcare and robust commerce. As a result, heightened parental knowledge of their child's growth and development is propelling the industry to new heights.

Competitive Landscape:

Key players operating in the Global Baby Monitor Market include Samsung Electronics Co. Ltd., Dorel Industries Inc., Angelcare Monitors Inc., LOREX Technology Inc., V Tech Holdings Ltd., Shen Zhen Foscam Intelligent Technology Co. Ltd, Summer Infant Inc., Koninklijke Philips N.V., Nest Lab. Inc., Withings Inc. and others.

Segmentation of the Global Baby Monitor Market:

Parameter Details
Segments Covered
  • Product Type (Audio, Video)
  • Connectivity (Wired, Wireless )
  • Distribution Channel (Retail Stores, Supermarket/Hypermarket, E-Commerce, Specialty Stores)
  • Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Samsung Electronics Co. Ltd.
  • Dorel Industries Inc.
  • Angelcare Monitors Inc.
  • LOREX Technology Inc.
  • V Tech Holdings Ltd.
  • Shen Zhen Foscam Intelligent Technology Co. Ltd
  • Summer Infant Inc.
  • Koninklijke Philips N.V.
  • Nest Lab. Inc.
  • Withings Inc.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Baby Monitor Market to Reach Valuation of USD 1,833.8 Million by 2028 - The Global Baby Monitor sector has evolved as a result of the rise of the worldwide electronics sector and the introduction of technology
From the period of 2022 to 2028, the Global Baby Monitor Market is expected to reach USD 1,833.8 Million in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 5.2%. The growing number of nuclear families and working parents have fuelled consumer uptake of the product. Furthermore...
FAQ
Frequently Asked Question
  • The global Baby Monitor valued at in 2020 and is expected to reach in 2028 growing at a CAGR of 5.2%.

  • The prominent players in the market are Samsung Electronics Co. Ltd., Dorel Industries Inc., Angelcare Monitors Inc., LOREX Technology Inc., V Tech Holdings Ltd., Shen Zhen Foscam Intelligent Technology Co. Ltd, Summer Infant Inc., Koninklijke Philips N.V., Nest Lab. Inc., Withings Inc..

  • The market is project to grow at a CAGR of 5.2% between 2021 and 2028.

  • The driving factors of the Baby Monitor include

    • Rise in the number of employed parents

  • North America was the leading regional segment of the Baby Monitor in 2020.

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