FELTON, California, August 8, 2017 /PRNewswire/ --
The global baby monitors market size to reach USD 1.63 billion by 2025, driven by the increasing number of working parents in countries such as U.S., Germany, France, and China. These monitors
The U.S. was the largest market in North America accounting for 47.9% of the revenue share in 2016. The rise in the adoption of baby products and advanced technology has been one of the main reasons for market growth.
Online retail platforms have been one of the driving forces for the increased sales of baby monitors globally. Rising awareness regarding infant protection, growing disposable income, and an increase in nuclear families are other crucial factors that have boosted growth. Keeping these driving forces in mind, companies have been aiming at capturing the global baby monitor market and ramping up their product portfolio.
Growing prevalence of internet has resulted in an increasing number of parents purchasing goods online. Furthermore, increasing trend of parents to have their infants in close range and communicate even when they are at home or workplace is expected to bolster the growth of the market.
Developing economies such as India, China, Brazil, South Africa, and Thailand offer lucrative prospects for the monitors market, owing to the huge population, increase in the number of women workforce, enhanced level of education, and increase in disposable income. Moreover, changes in one-child policy in China is likely to drive the market in the region.
Browse full research report with TOC on "Baby Monitor Market Size And Forecast, By Product (Audio & Video Baby Monitor, Motion Detection Baby Monitor, Audio Baby Monitor), And Trend Analysis, 2014 - 2025" at: https://www.hexaresearch.com/research-report/baby-monitor-market
Key players have developed baby monitors with advanced features to brace their market presence. Audio & video baby monitors with features such as color LCD screen, night vision, and others are fast traction in the marketplace. Other configurations being incorporated in high-end devices include heart rate monitoring, movement sensors, and alarms. These devices accounted for 50.6% of the global market share in 2016.
Prominent players present in the market include Samsung Electronics Co. Ltd, FLIR Systems Inc., Angelcare Monitors Inc, Motorola Mobility LLC, Tomy Company Ltd., Withings Inc., Shenzhen Foscam Intelligent Technology Company Ltd., Summer Infant Inc, Dorel Industries Inc, and VTech Holdings Limited.
Browse reports of similar category by Hexa Research:
Mobile Wallet Market - The increasing use of internet network all over the world coupled with advancements in this network such as 3G and 4G are the major factors driving the global mobile wallet market.
Near Field Communication (NFC) Market - Near Field Communication (NFC) market is estimated to observe rapid increase across several application verticals over the forecasted period.
Surface Mining Equipment Market - Increasing mining activities, resource exploration, and the high demand for valuable metals such as silver, platinum, gold etc is anticipated to boost the global surface mining equipment market over the forecast period.
Connected Cars Market - The size of the global connected cars market was estimated at over USD 24 billion in 2014 and is expected to grow at a CAGR of approximately 28% in the forecast period.
Hexa Research has segmented the global baby monitors market based on products and region:
Segmentation by Product, 2014 - 2025 (USD Million)
- Audio & video baby monitor
- Motion detection baby monitor
- Audio baby monitor
Segmentation by Region, 2014 - 2025 (USD Million)
Rest of the World
About Hexa Research
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact: Michelle T. Corporate Sales Specialist Hexa Research Phone: +1-415-349-0058 Toll Free: +1-800-489-3075 Email: firstname.lastname@example.org
SOURCE Hexa Research
Subscribe to our Free Newsletters!
Some drugs or therapeutic agents cause undesirable reactions in lungs, known as drug-induced ...
Sleep disorders are collectively known as ''Somnipathy.'' There are over 70 different medically ...
Unintended pregnancies are very common these days, and so one in about four pregnant women go for ...View All