Smart baby monitors connect to an app over wi-fi, enables parents to monitor their babies on their own smartphone or tablet; and there is no need for separate parent units, like traditional baby monitors. Smart baby monitors control it using the voice of the user, monitor the child on more than one device, check on the child remotely, monitor several children on one device, and track a child's sleep activity.
MARKET DYNAMICS
Factors driving the growth of the growing adoption of technology among the working parents, coupled with increasing awareness regarding child safety. However, the decrease in the birth rate is expected to hamper the growth of the market. Moreover, increasing purchasing power of the consumers is anticipated to boost the market growth.
MARKET SCOPE
The "AI Smart Baby Monitors Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of AI smart baby monitors market with detailed market segmentation by product type, connection mode, application, and distribution channel. The AI smart baby monitors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in AI smart baby monitors market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The AI smart baby monitors market is segmented on the basis of product type, connection mode, application, and distribution channel. Based on product type, the market is segmented as audio & video and tracking devices. On the basis of connection mode, the market is categorized as wired and wireless. On the basis of application, the market is categorized as household and commercial. Commercial applications sub-segmented into daycare center and hospitals. On the basis of distribution channel, the market is categorized as offline and online.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the AI smart baby monitors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The AI smart baby monitors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting AI smart baby monitors market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the AI smart baby monitors market in these regions.
MARKET PLAYERS
The report covers key developments in the AI smart baby monitors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from AI smart baby monitors market are anticipated to have lucrative growth opportunities in the future with the rising demand for AI smart baby monitors in the global market. Below mentioned is the list of few companies engaged in the AI smart baby monitors market.
The report also includes the profiles of key players in AI smart baby monitors market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Dorel Industries Inc.
- iBaby Labs, Inc.
- Samsung Electronics Co., Ltd.
- Motorola, Inc.
- VTech
- Lorex Technology Inc.
- NETGEAR Inc.
- Summer Infant, Inc.
- Angelcare Monitor Inc.
- Safety 1st.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.