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Global Smart Baby Monitor Market to reach USD XX billion by 2027

Global Smart Baby Monitor Market Size study, by Product (Audio & Video and Tracking Devices), by Distribution Channel (Online and offline) and Regional Forecasts 2020-2027

Product Code: ECE_94078330
Publish Date: 26-12-2020
Page: 200

Global Smart Baby Monitor Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Smart baby monitor is used for constant monitoring of babies present in households. These consumer electronic products are installed close to babies as they provides real-time information, live video, audio, location and track the activities of baby. The parents can monitor via smartphone apps or laptop to gain real time information about their baby. Rising disposable income, increasing number of working women as well as surge in the number of nuclear families will drive the market growth. According to U.S. Bureau of Labor Statistics around 18.4 million women were in the labor force in 1950 which increased by 73.5 million, comprising 46.8 percent of the overall labor force in 2015. It is also projected to rise to 77.2 million comprising 47.2 percent of the overall labor force in 2024. Moreover, the growing penetration of smart phones, rising awareness about baby safety and surge in online retailing are the few factors responsible for growth of the market over the forecast period. For instance, as per Statista, the global smart phone penetration rate was 33.5% in 2016 and has risen by 44.9% in 2020. Also, as per Statista the ecommerce user penetration is 71% in 2019 and is expected to hit 77.4% by 2023 as the population spent USD 20.3 billion on online shopping in 2018. While Malaysia is an attractive market for ecommerce with 25.84 million active internet users which is about 80% of the population and Singapore will account to USD 4.99 billion as ecommerce revenue by the end of 2019. However, decline in birth rates is the major factor restraining the growth of global Smart Baby Monitor market during the forecast period.

The regional analysis of global Smart Baby Monitor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the the fast adoption of new technology and rapid expansion of online retailing in this country is positively influencing the industry growth. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Samsung Electronics Co., Ltd.
Motorola, Inc.
Dorel Industries Inc.
iBaby Labs, Inc.
Summer Infant, Inc.
VTech Communications, Inc.
Lorex Technology Inc.
Angelcare Monitor Inc.
Safety 1st

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Audio & Video
Tracking Devices

By Distribution Channel:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Smart Baby Monitor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Smart Baby Monitor Market, by Region, 2018-2027 (USD Billion)
1.2.2. Smart Baby Monitor Market, by Product, 2018-2027 (USD Billion)
1.2.3. Smart Baby Monitor Market, by Distribution Channel, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Baby Monitor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Baby Monitor Market Dynamics
3.1. Smart Baby Monitor Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Baby Monitor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Baby Monitor Market, by Product
5.1. Market Snapshot
5.2. Global Smart Baby Monitor Market by Product, Performance – Potential Analysis
5.3. Global Smart Baby Monitor Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Smart Baby Monitor Market, Sub Segment Analysis
5.4.1. Audio & Video
5.4.2. Tracking Devices
Chapter 6. Global Smart Baby Monitor Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Smart Baby Monitor Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Smart Baby Monitor Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)
6.4. Smart Baby Monitor Market, Sub Segment Analysis
6.4.1. Offline
6.4.2. Online
Chapter 7. Global Smart Baby Monitor Market, Regional Analysis
7.1. Smart Baby Monitor Market, Regional Market Snapshot
7.2. North America Smart Baby Monitor Market
7.2.1. U.S. Smart Baby Monitor Market Product breakdown estimates & forecasts, 2017-2027 Distribution Channel breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Smart Baby Monitor Market
7.3. Europe Smart Baby Monitor Market Snapshot
7.3.1. U.K. Smart Baby Monitor Market
7.3.2. Germany Smart Baby Monitor Market
7.3.3. France Smart Baby Monitor Market
7.3.4. Spain Smart Baby Monitor Market
7.3.5. Italy Smart Baby Monitor Market
7.3.6. Rest of Europe Smart Baby Monitor Market
7.4. Asia-Pacific Smart Baby Monitor Market Snapshot
7.4.1. China Smart Baby Monitor Market
7.4.2. India Smart Baby Monitor Market
7.4.3. Japan Smart Baby Monitor Market
7.4.4. Australia Smart Baby Monitor Market
7.4.5. South Korea Smart Baby Monitor Market
7.4.6. Rest of Asia Pacific Smart Baby Monitor Market
7.5. Latin America Smart Baby Monitor Market Snapshot
7.5.1. Brazil Smart Baby Monitor Market
7.5.2. Mexico Smart Baby Monitor Market
7.6. Rest of The World Smart Baby Monitor Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Samsung Electronics Co., Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Motorola, Inc.
8.2.3. Dorel Industries Inc.
8.2.4. iBaby Labs, Inc.
8.2.5. NETGEAR Inc.
8.2.6. Summer Infant, Inc.
8.2.7. VTech Communications, Inc.
8.2.8. Lorex Technology Inc.
8.2.9. Angelcare Monitor Inc.
8.2.10. Safety 1st
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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