Industry Background:
Baby monitor is type of system that assist parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter & microphone, which enables a two-way communication between the parent and the baby. Baby video monitor is an advanced version of audio baby monitor, which allows parents to see & monitor baby’s movements. Additionally, baby monitors with movement trackers and preinstalled lullabies, are also available in the market, to cater to the varying needs of the parents. The smart baby monitors available in the market has Wi-Fi connectivity and cameras that provide the view of the baby during the day and at night and this systems are easily accessible with the help of mobile phone and tablets. The temperature in the room may change from time to time and this change in temperature can also be traced by smart connected baby monitors.This growth is primarily driven by Increasing demand due to safety concerns related to child and Increment in count of working parents.
Globally, a noticeable market trend is evident Growth in online retailing for such products
. Major Players, such as Samsung Electronics Co. Ltd. (South Korean), Dorel Industries Inc. (Canada), Angelcare Monitors Inc. (Canada), LOREX Technology Inc. (Canada), VTech Holdings Ltd. (Hong Kong), ShenZhen Foscam Intelligent Technology Co., Ltd (China), Summer Infant Inc. (United States), Koninklijke Philips N.V (Netherlands), Nest Lab. Inc. (United States) and Withings Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing demand due to safety concerns related to child
- Increment in count of working parents
Market Trend
- Growth in online retailing for such products
- Technological advancement in baby monitoring devices
Restraints
- Inclination towards sedentary and modern lifestyle, limits birth rate
- Unawareness in some regions
Opportunities
Growing adoption of nuclear family concept and Improvement in standard of living due to high disposable income
Challenges
Decreasing birth rate due to government regulation and Consciousness to be completely dependent on such devices
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Smart Connected Baby Monitors Study Sheds Light on
The Smart Connected Baby Monitors Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Smart Connected Baby Monitors industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smart Connected Baby Monitors industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.