Global Baby Monitors Market Overview:
Baby monitors are the device used by parents remotely that monitors the sounds and movement of the baby. This technology also helps in providing live feed and also allows recording the sound and video footage. Additionally, it provides the baby's room temperature with some other features. These baby monitors are placed in the room of the baby in the absence of parents and delivers the video or audio to the connected device used by parents for monitoring.
- Need for Ensuring Safety and Security of Babies
- Demand for Baby Monitoring Devices Among Parents
- Rising Demand for Portable Baby Monitors
- Technological Advancement in the Baby Monitors
- Problems Associated with the Connectivity of the Baby Monitor Device
- Increasing Awareness and Education Regarding Parenting will Boost the Baby Monitors
- Introduction of Wearable Baby Monitors which also Helps in Monitoring Breathing of Babies
- Emerging Number of New Players with Counterfeit Baby Monitor Products
Some of the key players profiled in the report are Motorola Mobility LLC (United States), Samsung Group (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Dorel Juvenile Group (Canada), Angelcare (Canada), Nanit (United States), Anker Technology (Eufy) (China) and Foscam (China). Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets and Supermarkets will boost the Baby Monitors market. Considering Market by Product, the sub-segment i.e. Audio and Video Baby Monitors will boost the Baby Monitors market. Considering Market by Connectivity, the sub-segment i.e. Wireless will boost the Baby Monitors market.
On 2nd February 2021, Nanit, creators of the only baby monitor that connects parents to their baby's health and well-being, announced the release of its next-generation smart baby monitor the Nanit Pro. The company also announced expanded distribution, with the launch of the Nanit Pro camera and Nanit Pro Complete Monitoring System, in-store at Target for the first time.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baby Monitors market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Baby Monitors market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Baby Monitors Manufacturers, Baby Monitors International Traders, Baby Monitors Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.