PUBLISHER: TechNavio | PRODUCT CODE: 1491435
PUBLISHER: TechNavio | PRODUCT CODE: 1491435
The advanced baby monitor market is forecasted to grow by USD 637.3 mn during 2023-2028, accelerating at a CAGR of 12.48% during the forecast period. The report on the advanced baby monitor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation in technology and product design and feature leading to premiumization, increase in awareness of sids in developed markets, and branding, advertising, and promotions of advanced baby monitors.
Technavio's advanced baby monitor market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.87% |
CAGR | 12.48% |
Incremental Value | $637.3mn |
By Distribution Channel
By Product
By Geographical Landscape
This study identifies the access to distribution channels through omnichannel strategies as one of the prime reasons driving the advanced baby monitor market growth during the next few years. Also, product differentiation through product bundling strategy and shift in consumer lifestyle will lead to sizable demand in the market.
The report on the advanced baby monitor market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading advanced baby monitor market vendors that include Baby Control Digital, Cubo Ai, Dorel Industries Inc., Hisense Ltd., iBaby Labs Inc., Jablotron, Koninklijke Philips N.V., Lorex Technology Inc., Motorola Mobility LLC, Nanit, Owlet Inc., Panasonic Holdings Corp., Safetosleep, Samsung Electronics Co. Ltd., Snuza, Summer Infant Inc., The Holding Angelcare Inc., VTech Holdings Ltd., WiFi Baby, and Withings. Also, the advanced baby monitor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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