The smart connected baby monitors market size is expected to grow by USD 34.85 mn and record a CAGR of 6% during 2020-2024.
This post-pandemic global smart connected baby monitors market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this smart connected baby monitors market analysis report, key drivers such as product innovation and premiumization have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Smart Connected Baby Monitors Market Size be in 2020?
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Who are the Key Vendors in the Smart Connected Baby Monitors Market?
The smart connected baby monitors market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:
- Arlo Technologies Inc.
- Baby Gear Essentials
- Dorel Industries Inc.
- Eastman Kodak Co.
- iBaby Labs Inc.
- Koninklijke Philips NV
- Lorex Technology Inc.
- Motorola Mobility LLC
- NETGEAR Inc.
- VTech Holdings Ltd.
The smart connected baby monitors market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This smart connected baby monitors market report further entails segmentations by Product (Audio and video monitors and Audio monitors), Geography (North America, Europe, APAC, South America, and MEA), End-user (residential and commercial), and Distribution channel (offline and online). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the smart connected baby monitors market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The growing smartphone penetration and increasing number of working mothers will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
36% of the market’s growth will originate from North America during the forecast period. The US is the key market for smart connected baby monitors market in the region. This report provides estimations of the contribution of all regions to the growth of the smart connected baby monitors market size.
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What are the Key Factors Covered in this Smart Connected Baby Monitors Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive smart connected baby monitors market growth during the next five years
- Precise estimation of the smart connected baby monitors market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the smart connected baby monitors industry across North America, Europe, 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 smart connected baby monitors market vendors
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Smart Connected Baby Monitors Market Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2019
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Forecast period
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2020-2024
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Growth momentum & CAGR
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Accelerate at a CAGR of 6%
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Market growth 2020-2024
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USD 34.85 million
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Market structure
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Fragmented
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YoY growth (%)
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2.74
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Regional analysis
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North America, Europe, APAC, South America, and MEA
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Performing market contribution
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North America at 36%
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Key consumer countries
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US, UK, Germany, China, and Japan
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Competitive landscape
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Leading companies, competitive strategies, consumer engagement scope
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Companies profiled
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Arlo Technologies Inc., Baby Gear Essentials, Dorel Industries Inc., Eastman Kodak Co., iBaby Labs Inc., Koninklijke Philips NV, Lorex Technology Inc., Motorola Mobility LLC, NETGEAR Inc., and VTech Holdings Ltd.
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Market Dynamics
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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,
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Customization purview
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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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