Authored By: Sarah
06 Jul 2021

Advanced Baby Monitor Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the advanced baby monitor market and it is expected to grow by $ 385.42 mn, accelerating at a CAGR of almost 10% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Advanced Baby Monitor Market: Receive Free Sample Report


Advanced Baby Monitor Market: Key Trends to impact market growth

The Increase in awareness of SIDS in developed markets is one of the key advanced baby monitor market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Advanced Baby Monitor Market: Top Drivers to Boost Demand

The Innovation in technology and product design and feature leading to premiumization is one of the primary factors driving the growth of the advanced baby monitor market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Advanced Baby Monitor Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: Angelcare Monitor Inc., Dorel Industries Inc. and Hisense Ltd. are key growth contributors

The market is concentrated. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Angelcare Monitor Inc., Dorel Industries Inc., Hisense Ltd., iBabyGuard International Pte Ltd., JABLOTRON Group AS, Koninklijke Philips NV, Lorex Technology Inc., Owlet Baby Care, Safetosleep, and Snuza International Pty. Ltd. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Advanced Baby Monitor Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive advanced baby monitor market growth during the next five years
  • Precise estimation of the advanced baby monitor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the advanced baby monitor market industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of advanced baby monitor market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 10%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 385.42 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    Innovation in technology and product design and feature leading to premiumization will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    33% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Angelcare Monitor Inc., Dorel Industries Inc., Hisense Ltd., iBabyGuard International Pte Ltd., JABLOTRON Group AS, Koninklijke Philips NV, Lorex Technology Inc., Owlet Baby Care, Safetosleep, and Snuza International Pty. Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Under the mattress, Diaper attachment, Smart wearable, and Other formats), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA)

Advanced Baby Monitor Market Size to Grow by $ 385.42 mn through 2021-2025  

Technavio research projects the advanced baby monitor market to grow by $ 385.42 mn, accelerating at a CAGR of over 10% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Advanced Baby Monitor Market: Receive FREE Sample Report


Advanced Baby Monitor Market: Key Market Driver

One of the primary factors that will trigger the growth of the advanced baby monitor market size is Innovation in technology and product design and feature leading to premiumization. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Advanced Baby Monitor Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Advanced Baby Monitor Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Angelcare Monitor Inc., Dorel Industries Inc., Hisense Ltd., iBabyGuard International Pte Ltd., JABLOTRON Group AS, Koninklijke Philips NV, Lorex Technology Inc., Owlet Baby Care, Safetosleep, and Snuza International Pty. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Read News Read Less
Interested in this report?
Get your sample now!
Technavio