The global Video Baby Monitors Market is estimated to be valued at US$ 1.47 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Video baby monitors enable parents to monitor their baby's movement and activities using a camera and display unit when they are in another room. They provide parents peace of mind through remote visual monitoring of babies.
Market key trends:
The rise of smart baby monitoring technology has emerged as a key trend in the video baby monitors market in recent years. Smart video baby monitors offer advanced features like motion detection, two-way audio, temperature monitoring, breathing monitoring, and integration with smart home systems. They enable real-time tracking of babies as well as automation of certain tasks based on sensor data. The growing demand for convenience and safety has boosted the popularity of smart baby monitors.
Segment Analysis:
The global video baby monitors market is segmented by product type, connectivity, application, and distribution channel. Based on product type, audio baby monitors dominated the market in 2022 and are expected to maintain their dominance during the forecast period. The low cost and easy usability of audio monitors have made them a preferred choice among parents. However, the video baby monitors segment is expected to witness higher growth owing to the added security and convenience provided by video monitoring.
Based on connectivity, Wi-Fi-based monitors are expected to be the fastest growing segment during the forecast period due to the benefits such as easy installation, remote monitoring through smartphone apps, and future technological upgrades. However, in 2022, audio monitors segment dominates the market.
Key Takeaways:
The Global Video Baby Monitors Market Growth is expected to witness high, exhibiting CAGR of 12% over the forecast period, due to increasing awareness about infants' safety and changing lifestyles of parents.
North America dominated the market in 2022 and is expected to maintain its dominance during the forecast period. This is attributed to the increasing adoption of smart home devices and growing disposable income in the region. Asia Pacific is expected to witness the fastest growth due to rising birth rates, improving economic conditions, and increasing awareness about infant care.
Key players operating in the video baby monitors market are Motorola Mobility LLC, Samsung Electronics Co. Ltd., Lorex Technology Inc., VTech Communications Inc., Foscam Digital Technologies LLC, iBaby Labs Inc., Summer Infant Inc., Nest Labs Inc., Withings Inc., and Angelcare Monitor Inc. Motorola Mobility LLC dominated the market in 2022 owing to its wide product portfolio and strong distribution network across regions.
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KD Market Insights offers in-depth analysis of the report titled Global Baby Monitors Market Forecast to 2025.
The study delivers comprehensive analysis, revenue details, and other critical information about Baby Monitors and the various trends, drivers, constraints, opportunities, and threats in the studied market till 2025.
The report presents SWOT analysis of the Global Baby Monitors Market along with, progress trends, competitive framework, and development status of key regions.
Apart from this, a growing number of working parents and nuclear families has fueled the demand for baby monitors in homes and day care centers.
Parents these days are strongly concerned about their baby’s health and safety and are purchasing different products which can assure their baby’s safety.In addition to this, growing online retailing of baby monitors is spreading awareness among parents across the globe, which in turn decorating the growth of baby monitors market globally.
Smart and connected baby monitors are enjoying remarkable demand across the globe as these smart baby monitors are equipped with remarkable features and offer great convenience to the parents.
Advanced Baby Monitors Market: Information by Product (Stationary and Wearable), by End User (Home Care and Day Care) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2027Advanced baby monitors are used for monitoring the vital body movements of baby.
Growing concern about the baby’s health condition is augmenting need for the advanced baby monitors which is fueling growth of the global advanced baby monitors market.
Further, the need of monitoring systems due to increasing number of working women is bolstering growth of the global advanced baby monitors market.This rising need for the monitoring the babies, the FDA and other standards including ATSM International F2951 Standard have outlined standard guidelines for manufacturing baby monitors.
The demand for the safer baby monitors is driving growth of the global advanced baby monitors market.
The manufacturers of baby monitors are trying to invent newer monitor systems based on the guidelines suggested by these organizations are fueling growth of the global advanced baby monitors market.Competitive Analysis:Some of the key players in the advanced baby monitors market include The First Years, Inc., Samsung Electronics Co. Ltd, Angelcare, Lorex Technology Inc., Snuza International, Summer Infant, Inc., MonDevices, Owlet Baby Care, MOTOROLA HOME, Mayborn Group, Safety 1st, Graco Children’s Products, Inc., and Koninklijke Philips NV.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6525 Segmentation:The advanced baby monitors market is segmented based on product, end user, and region.In terms of product, the global advanced baby monitors market is categorized into wearable type and stationary type.
This growth is attributable to the ….Based on the end-user, the market is segmented into home care and daycare.
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