[ad_2]
NEW YORK, May 27, 2022 /PRNewswire/ — The baby monitors market will be driven by factors such as the rising demand from developing countries. In APAC and MEA, baby monitors are considered non-essential products. However, with the rising internet penetration, the demand for baby monitors is increasing in these countries. This has led to a major change in customer purchasing behavior. Countries such as China, India, and Thailand have a high potential for baby care products such as baby monitors owing to their huge population, growing awareness, increasing number of working parents, and improving education level.
The baby monitors market size is expected to grow by USD 226.59 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 2.23% during the forecast period.
Request Latest Sample Report to learn about other factors that impact the growth of the market
Baby Monitors Market 2021-2025: Scope
The baby monitors market report covers the following areas:
Subscribe to our “Basic Plan” billed annually at USD 5000. Get lifetime access to our Technavio Insights
Baby Monitors Market 2021-2025: Market Challenge
The availability of alternative products and services such as security cameras is challenging the baby monitors market growth. These products are expensive and their use is limited to monitoring infants and babies. Hence, some consumers prefer buying CCTV camera setups that can monitor the interiors and exteriors of residential establishments. Though the overall setup of CCTV cameras is expensive, they offer a high return on investment (ROI) with a long lifespan. Parents can also appoint caretakers for their children. To overcome these challenges, vendors need to invest more in promotions to spread awareness of the benefits of installing baby monitors over other alternative products and services.
Baby Monitors Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Angelcare Monitor Inc., Arlo Technologies Inc., Dorel Industries Inc., Foscam Inc., Hisense International Co. Ltd., iBaby Labs Inc., iBabyGuard International Pte Ltd., Jablotron Alarms AS, Koninklijke Philips NV, and Lenovo Group Ltd. are among some of the major market participants.
For more information about vendors and their offerings, Download a Sample Report
Baby Monitors Market 2021-2025: Segmentation
Baby Monitors Market 2021-2025: Key Highlights
We offer customization at the time of purchase! Speak to an analyst to gain access to a customized report based on your requirements
Related Reports
Digital Camera Market by Type and Geography – Forecast and Analysis 2022-2026
Bluetooth Speaker Market by Product and Geography – Forecast and Analysis 2022-2026
Baby Monitors Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.23% |
Market growth 2021-2025 |
USD 226.59 million |
Market structure |
Fragmented |
YoY growth (%) |
1.81 |
Regional analysis |
North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, China, UK, Germany, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Angelcare Monitor Inc., Arlo Technologies Inc., Dorel Industries Inc., Foscam Inc., Hisense International Co. Ltd. , iBaby Labs Inc., iBabyGuard International Pte Ltd., Jablotron Alarms AS, Koninklijke Philips NV, and Lenovo Group Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution channel
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
[ad_2]
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…