The global Smart Baby Monitor market is expected to thrive in the forecast period, primarily driven by the increasing number of employed women and the utilization of artificial intelligence.
TechSci Research's report, "Smart Baby Monitor Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F," robust growth is anticipated in the Smart Baby Monitor market due to factors such as the rising number of nuclear families, growing awareness of child safety, changing lifestyles, and the introduction of technologically advanced products.
A baby monitor is a device used by customers to monitor their children remotely. It provides audio or video feeds of the child's activities and can include features such as playing baby tunes and night lights.
Smart baby monitors come in two types: video & audio and tracking devices. Video baby monitors, once primarily audio-only, now typically include video feeds, offering parents visual monitoring capabilities. Tracking devices monitor a child's whereabouts, providing parents with peace of mind and enhancing safety.
Smart baby monitors offer various features such as smartphone notifications, temperature sensors, and two-way audio communication, providing parents with reassurance and convenience. New product launches, like the EZVIZ AI-powered smart baby monitor introduced in 2022, are expected to further drive market growth by offering advanced features to support parental care and peace of mind.
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The Smart Baby Monitor market is categorized by product type, application, distribution channel, and region. Product types include audio & video and tracking devices. The audio & video segment is projected to lead the market due to its ability to monitor children using various sensors, tracking metrics such as heart rate, sleep patterns, and environmental temperature. Applications are divided into residential and commercial sectors. The residential segment is expected to dominate, driven by increasing awareness of child safety and the growing number of nuclear families. Distribution channels consist of online and offline platforms. Regional segmentation includes North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
Key market players in the Smart Baby Monitor market include:
- Koninklijke Philips N.V.
- Motorola Mobility LLC
- Samsung Electronics Co. Ltd.
- Dorel Industries Inc.
- iBaby Labs, Inc.
- Lorex Technology Inc.
- VTech Holdings Ltd.
- The Holding Angelcare Inc.
- Dorel Juvenile Group, Inc. (Safety1st)
- Infant Optics
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"The emergence of technologically advanced Smart Baby Monitors with diverse features is a significant trend poised to drive growth in the forecast period. Factors such as the increasing number of working women, evolving lifestyles, integration of artificial intelligence, and the rise of nuclear families are expected to positively influence the Smart Baby Monitor market," stated Mr. Karan Chechi, Research Director at TechSci Research, a global management consulting firm.
The report, "Smart Baby Monitor Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F," assesses the future growth potential of the Smart Baby Monitor market. It provides statistics, market structure, size, share, and future growth projections, aiming to offer advanced market intelligence to assist decision-makers in making informed investment decisions. Additionally, the report identifies and analyzes emerging trends, drivers, challenges, and opportunities in the Smart Baby Monitor market.
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