According to a market report by Lucintel, the future of the global smart baby monitor market looks promising with opportunities in the offline and online markets. The global smart baby monitor market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 8.5% from 2024 to 2030.
The major drivers for
this market are increasing population of working parents, growing significance
of ensuring child safety and security, and the presence of advanced
surveillance capabilities.
A more than 150–page
report is developed to understand trends, opportunity and forecast in smart
baby monitor to 2030 by product (tracking devices and audio & video),
distribution channel (offline and online), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
In this market, tracking
device and audio & video are the major segments of smart baby monitor
market by product. Lucintel forecast that tracking device is expected to
witness highest growth over the forecast period.
Within this market,
offline will remain the largest segment.
APAC is expected to
witness highest growth over the forecast period.
VTech Communications,
Motorola, Dorel Industries, Panasonic Corporation, Samsung Electronics,
Netgear, Lorex Technology, Summer Infant, Arlo Technologies, and iBaby Labs are
the major suppliers in the smart baby monitor market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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