Smart Baby Monitor Market

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Smart Baby Monitor Market Segmentation by Type (Audio and Video), Connectivity (Wired and Wireless) and Region: Industry Analysis and Opportunity Assessment 2021-2026

Pulished: April, 2021

ID: 10286

Pages: 175

Smart Baby Monitor Market Size and Forecast (2021– 2026):

The smart baby monitor market is expected to reach an estimated value of USD 1,810.49 million by 2026, registering a substantial CAGR during the forecast period 2021-2026.

The smart baby monitor is an electronic device that is mainly used to track the baby's movements and other activities. The market is expanding because of the innovation in technologies, especially in video and Wi-Fi technology, acting directly as a growth driver of the global smart baby monitor market.

The surge in the number of working parents, the expansion in a nuclear family, and the enhanced lifestyle requirements have opened novel opportunities for various sectors, especially in childcare products like a smart baby monitor. Additionally, online shopping and increased spending on baby products are helping smart baby monitors grow in the market. The smart baby monitor market is also facing challenges from a security perspective.

Smart baby monitors allow parents to keep track of their children's activities. Growing awareness of child safety has encouraged working parents to purchase this type of product. An increase in the number of working mothers in countries like the United States, China, and Canada is expected to remain a key driver of the market. These products reduce stress for parents when they are at work or away from home by facilitating real-time communication between parents and children for buyers. In addition, the rapid penetration of smartphones has supported the growth of the industry, as they allow parents to observe their children from anywhere.

Recent developments:

In 2019, Cube AI plans to launch a baby monitor powered by an artificial baby monitor. This AI Cube is capable of detecting if the baby's face is covered intentionally and accidentally and, as a safety measure, sends an immediate alert to parents if it is accidentally covered.
In 2017, Motorola's Smart Nursery launched an alert sensor, 7-inch touchscreen, smart camera, smart scales, humidifier and in-depth analytical tracking dream machine, rechargeable camera, Digital Album, and diary in the video.
In May 2018, Safety 1st published about the availability of “Safety 1st HD WiFi Baby Monitor with Smart Audio Parent Unit”. This release will help expand the current Safety 1st home security product portfolio by ensuring that parents can see or hear their children in a high-quality environment.
In May 2017, NETGEAR announced the commercial availability of its "Arlo Baby SmartHD (ABC1000) surveillance camera." The camera is integrated with several additional functions, such as the ability to play music, sensors to monitor air quality, temperature, humidity, and adjustable night light. It also allows users to access live streaming video and access recorded video

Impact of Covid-19 on Smart Baby Monitor Market:

The Smart Baby Monitor that currently belongs to public services is mainly affected by the COVID-19 pandemic. Most projects in China, the United States, Germany, and South Korea are delayed, and companies face short-term operational problems due to supply chain limitations and lack of access to electricity due to the coronavirus outbreak. The utility segment is driven primarily by increased financial incentives and regulatory support from governments around the world. In an exclusive section publishing the analysis of the impact of covid-19 on the smart baby monitors market, the report attempts to trace the evolution of the market growth trajectory from 2019 to 2021and beyond the medical crisis. While the pandemic forced the entire industry to change its preferences, it revolutionized the industry and its subsectors in no time.

Smart Baby Monitor Market Growth and Trends:

The global smart baby monitor market is rising with the increasing innovations and the expanding product portfolio of leading enterprises. Smart baby monitors are devices that control sound, movement and more. The information is shared through a smart app installed on parents' devices. The global smart baby monitor market is expanding because of the improving socio-economic conditions of both the father and mother in a family. Parents, especially if the two of you are working, don't hesitate to spend the money to keep your loved one safe.

Rising disposable income, the growing number of nuclear families, and changes in lifestyles are also contributing to the growing demand for smart baby listening solutions.

Smart Baby Monitor Market Drivers and Restraints:

The rising number of professional agencies that offer baby care is supposed to promote the call for the smart baby monitor market as the adoption rate is increasing. Growing awareness of baby safety and product innovation is likely to drive the smart baby monitor business. One of the major factors contributing to the growth of the market is the technological advancement and the product features for premiumization. However, the safety concerns associated with smart baby monitors and declining birth rates are among the challenges limiting the growth of the international marketplace. Device hacking is the main concern of parents, acting as a hindrance in the growth of the global smart baby monitor market.

Smart Baby Monitor Market Segmentation:

The global smart baby monitor market is segmented by type, connectivity, and geography. By type, the market has been segmented into audio and video. By connectivity, the market has been segmented into wired and wireless.

By type, it is estimated that the video segment will have a significant market share and is expected to grow at a good rate in the coming years. Additionally, new technological developments like crying detection, audio storage and others are complementing the expansion of baby audio monitors. Innovations such as two-way communication and music charging are also contributing to the growing demand for baby audio monitors over the next six years. This segment will experience slower growth and adoption due to minor features compared to video baby monitors.
By connectivity, the share of the wireless connectivity segment will grow at an astonishing rate during the forecast period owing to the growth of wireless networks, the availability of high-speed internet connectivity and the increase in demand for wireless devices, are some of the important factors that stimulate demand for wireless services. smart baby monitors during the forecast period. Additionally, additional benefits, such as increased mobility offered by wireless options compared to wired options, are expected to drive demand for these baby monitors. However, it is believed that privacy concerns regarding breaching wireless networks and higher costs compared to their wired counterparts will limit the market potential for years to come.

Regional Analysis:

The global smart baby monitor market has been divided into North America, South America, Europe, Middle East & Africa and Asia Pacific regions. The report also examines 15 countries from these regions with a comprehensive analysis and forecast as well as the dominant market trends and opportunities that each of these countries presents for manufacturers. North America and Europe are the major contributors in this business compared to other areas.

Key market players:

Some of the major players in the global smart baby monitor market are Motorola, Safety 1st, Levana, Summer Infant, Philips, Samsung, Infant Optics, Snuza, Graco, Angelcare, WiFi Baby, Lorex, Withings, iBaby, Vtech., iBaby Monitor, Nanit Sleep System, Eufy SpaceView Baby Monitor, Panasonic, Arlo Baby and others.

1. Introduction

1.1 Market Definition

1.2 Scope of the report

1.3 Study Assumptions

1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology

2.1 Analysis Design

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Data Modelling

2.2.4 Expert Validation

2.3 Study Timeline

3. Report Overview

3.1 Executive Summary

3.2 Key Inferences

4. Market Dynamics

4.1 Impact Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.2 Regulatory Environment

4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis

5.1 Key Player Benchmarking

5.1.1 Market share analysis

5.1.2 Products/Service

5.1.3 Regional Presence

5.2 Mergers & Acquisition Landscape

5.3 Joint Ventures & Collaborations

6. Market Segmentation

6.1 Smart Baby Monitor Market, By Type

6.1.1 Audio

6.1.2 Video

6.1.3 Market Size Estimations & Forecasts (2021-2026)

6.1.4 Y-o-Y Growth Rate Analysis

6.1.5 Market Attractiveness Index

6.2 Smart Baby Monitor Market, By Connectivity

6.2.1 Wired

6.2.2 Wireless

6.2.3 Market Size Estimations & Forecasts (2021-2026)

6.2.4 Y-o-Y Growth Rate Analysis

6.2.5 Market Attractiveness Index

7. Geographical Landscape

7.1 Global Identity Governance and Administration Market, by Region

7.2 North America - Market Analysis (2021- 2026)

7.2.1 By Country

7.2.1.1 USA

7.2.1.2 Canada

7.2.2 By Type

7.2.3 By Connectivity

7.3 Europe

7.3.1 By Country

7.3.1.1 UK

7.3.1.2 France

7.3.1.3 Germany

7.3.1.4 Spain

7.3.1.5 Italy

7.3.1.6 Rest of Europe

7.3.2 By Type

7.3.3 By Connectivity

7.4 Asia Pacific

7.4.1 By Country

7.4.1.1 China

7.4.1.2 India

7.4.1.3 Japan

7.4.1.4 South Korea

7.4.1.5 South East Asia

7.4.1.6 Australia & NZ

7.4.1.7 Rest of Asia-Pacific

7.4.2 By Type

7.4.3 By Connectivity

7.5 Latin America

7.5.1 By Country

7.5.1.1 Brazil

7.5.1.2 Argentina

7.5.1.3 Mexico

7.5.1.4 Rest of Latin America

7.5.2 By Type

7.5.3 By Connectivity

7.6 Middle East and Africa

7.6.1 By Country

7.6.1.1 Middle East

7.6.1.2 Africa

7.6.2 By Type

7.6.3 By Connectivity

8. Key Player Analysis

8.1 Motorola

8.1.1 Business Description

8.1.2 Products/Service

8.1.3 Financials

8.1.4 SWOT Analysis

8.1.5 Recent Developments

8.1.6 Analyst Overview

8.2 Levana

8.3 Summer Infant

8.4 Philips

8.5 Samsung

8.6 Safety 1st

8.7 WiFi Baby

8.8 Angelcare

8.9 Graco

8.10 Panasonic

9. Market Outlook & Investment Opportunities

Appendix

List of Tables

List of Figures

Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of Type, Connectivity along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.

Global Smart Baby Monitor Market By Region, From 2021-2026 ( USD Billion )
Global Smart Baby Monitor Market By Type, From 2021-2026 ( USD Billion )
Global Audio Market By Region, From 2021-2026 ( USD Billion )
Global Video Market By Region, From 2021-2026 ( USD Billion )
Global Smart Baby Monitor Market By Connectivity, From 2021-2026 ( USD Billion )
Global Wired Market By Region, From 2021-2026 ( USD Billion )
Global Wireless Market By Region, From 2021-2026 ( USD Billion )