Advanced Baby Monitor Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43824
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The advanced baby monitor market size will grow up to $ 385.42 mn at a CAGR of 10% during 2021-2025.

The advanced baby monitor market report extensively covers market segmentations 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) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Advanced Baby Monitor Market Size be in 2021?

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Advanced Baby Monitor Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the innovation in technology and product design and feature leading to premiumization are notably supporting the advanced baby monitor market growth. On the other hand, factors such as lack of awareness and high price of advanced baby monitors have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This advanced baby monitor market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Advanced Baby Monitor Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • 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
  • Snuza International Pty. Ltd.

The advanced baby monitor market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

Download a free sample of the advanced baby monitor market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Advanced Baby Monitor Market?

Advanced Baby Monitor Market Share by Geography

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33% of the market’s growth will originate from Europe during the forecast period. US, UK, China, Germany, Japan, and France are the key markets for advanced baby monitor market in Europe.

Europe has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in Europe is increase in awareness of sids in developed markets. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Advanced Baby Monitor Market?

Advanced Baby Monitor Market Share by Product

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The advanced baby monitor market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough advanced baby monitor market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the advanced baby monitor market size.

Advanced Baby Monitor Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10%

Market growth 2021-2025

$ 385.42 million

Market structure

Concentrated

YoY growth (%)

9.51

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 33%

Key consumer countries

US, UK, China, Germany, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

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 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.

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What are the Key Factors Covered in this Advanced Baby Monitor Market Report?

  • 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 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

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The advanced baby monitor market growth will increase by $191.36 million during 2019-2024.
The advanced baby monitor market is expected to grow at a CAGR of 5.62% during 2019-2024.
Technavio has segmented the advanced baby monitor market by product (Under the mattress, Diaper attachment, Smart wearable, and Other formats) and geographic (Europe, North America, APAC, South America, and MEA).
Angelcare Monitor Inc., Hisense Ltd., iBabyGuard International Pte Ltd., JABLOTRON Group AS, Mayborn Group Ltd., MonDevices Inc., Owlet Baby Care, Respisense, Safetosleep, Snuza International Pty Ltd. are a few of the key vendors in the advanced baby monitor market.
Europe will register the highest growth rate of 37.70% among the other regions. Therefore, the advanced baby monitor market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the advanced baby monitor market growth are:
  • Innovation in technology and product design and feature leading to premiumization
The advanced baby monitor market vendors should focus on grabbing business opportunities from the under the mattress segment as it accounted for the largest market share in the base year.
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