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 value is projected to grow by USD 385.42 million at a CAGR of 10.42% 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. However, one of the foremost factors impeding market growth is lack of awareness and high price of advanced baby monitors. Get detailed insights on the trends and 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 advanced baby monitor market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • 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.

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The advanced baby monitor market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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-Market-Share-by-Region-2020-2025

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

Europe has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increase in awareness of SIDS in developed markets has been identified as one of the chief factors that will drive the advanced baby monitor market growth in Europe over the forecast period. 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-Market-Share-by-Product-2020-2025

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The advanced baby monitor market share growth by the under the mattress segment has been significant. The advanced baby monitor market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

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. This report provides an accurate prediction of the contribution of all the segments to the growth of the advanced baby monitor market size.

 

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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.

INFORMATION 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

DATA 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

REPORT 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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