Increasing number of employed women and use of artificial intelligence are the major factors expected to drive the global Smart Baby Monitor market during the forecast period.
According to the TechSci Research report, “Smart Baby Monitor Market – Global Industry Size, Share, Trends, Competition, Opportunities and Forecasts, 2018-2028F” The Smart Baby Monitor market is expected to project robust growth during the forecast period due to the increase in the number of nuclear families, increasing awareness about child safety, changing lifestyles, and new technologically advanced product launches.
A baby monitor is a gadget that customers can use to listen or monitor or track children when customers are not with them or at home. Depending on the devices they use, a baby monitor can provide audio or video data of a baby. Some devices can play baby tunes and have a night light feature.
Babies require constant care to maintain their health and safety. Parents can see, entertain and soothe their child from anywhere, thanks to a baby monitor. When babies were first introduced, there were baby care devices that could only play sounds. However, technology has worked wonders by integrating cameras into these devices to allow for continuous video surveillance of children.
There are two types of smart baby monitor products – video and audio devices and trackers.
The term “video baby monitor” is quickly losing its usefulness, but for those who haven’t just bought a new baby monitor, the difference may not be immediately apparent. For a long time, baby monitors were just simple audio devices that could be used to hear babies making noises or crying. However, most modern baby monitors have opted to include video as well, and it is quickly taking over as the standard. Customers can see and hear their baby while they are sleeping thanks to these video baby monitors.
A child tracking device is a system that tracks and keeps track of a child’s location. The goal of the program is to develop a technology that will enable parents to monitor their children even when they are out of sight.
According to many parents, baby monitors offer them more peace of mind instead of lying awake at night wondering if their baby is okay or waking up several times during the night to check on them. The potentially life-saving features of baby monitors, which can alert if the baby is in danger, make them very attractive. Baby monitors are useful because they include automatic smartphone notifications, temperature sensors, and two-way audio features that can help parents stay in touch with their little ones, especially in the early years of parenting, which are full of uncertainty and fear. The first small baby monitor powered by EZVIZ AI launched in 2022, offering new parents smarter awareness to help them with daily tasks and ongoing care. It is fully battery powered and can be carried anywhere without any strings attached. Thus, the launch of new products with a wide variety of features is expected to drive the market growth.
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The Smart Baby Monitor market is segmented on the basis of product type, application, distribution channel, and region.
Based on product type, the market is further segmented into audio & video and tracking devices. The audio and video segment is expected to dominate the market because it assesses children and notifies customers of any changes using a variety of sensors. A customer’s baby’s heart rate, sleeping habits, ambient temperature and many other things can all be monitored by a smart baby monitor.
On the basis of application, the market is segmented into residential and commercial. The residential segment is expected to dominate the market due to increasing awareness of child safety among people and increasing number of nuclear families.
Based on the distribution channel, the market is divided into online and offline.
Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
Major market players in the Smart Baby Monitor market include:
- Royal Philips NV
- Motorola Mobility LLC
- Samsung Electronics Co. Ltd.
- Dorel Industries Inc.
- iBaby Labs, Inc.
- Lorex Technology Inc.
- VTech Holdings Ltd.
- Holding Angelcare Inc.
- Dorel Juvenile Group, Inc. (Safety1st)
- Optics for babies
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“The technologically advanced smart baby monitor with a wide variety of features is an important trend that is expected to influence growth during the forecast period. Increasing number of employed women, changing lifestyles, use of artificial intelligence, and increasing number of nuclear families are the major factors expected to positively impact the Smart Baby Monitor market. Due to the wide range of products available to meet specific customer needs and the growing popularity of the Internet channel, the market is growing.” said Mr. Karan Chechi, Director of Research with TechSci Research, a global research-based management consulting firm.
Smart Baby Monitors Market – Global Industry Size, Share, Trends, Opportunities and Forecast, 2018-2028F Segmented by Product Type (Audio & Video, Tracking Devices), By Application (Residential, Commercial), By Distribution Channel (online and offline) , By region, competition, has assessed the future growth potential of the Smart Baby Monitor market and provides statistics and information on market structure, size, share and future growth. The report aims to provide cutting-edge market intelligence and help decision makers make sound investment decisions. Apart from this, the report also identifies and analyzes the developing trends along with the essential drivers, challenges and opportunities present in the Smart Baby Monitors products.
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