Advanced Baby Monitor Market Forecast, Trend Analysis & Competition Tracking - Global Industry Insights 2015 to 2031

There have been several baby monitoring systems that have been recently developed. These proposed systems can be used to assure parents regarding their child’s safety and well-being. A system can automatically send out emergency signals and even has several other functions. Children need different forms of assistance and adequate care to promote their growth and overall health. Moreover, since they cannot communicate in lingual terms, babies express their discomfort by crying. Therefore, a home care system specifically designed for babies is the need of the day, significantly reducing the additional burden on respective parents, particularly mothers. These systems monitor temperature and humidity conditions around the baby, especially near the crib. If the child is awake and keeps sobbing, it will also notify the parents via email. The reason why the child is crying may be related to various other factors that the system may detect.

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Global Advanced Baby Monitor Market revenue outlook:

The global market for advanced baby monitors was valued at US$ 729.6 Mn in 2020 and is projected to register а САGR of 7.8% by 2031.

Nonetheless, various industry players in the global advanced baby monitor market are now increasing their focus towards the establishment of successful collaborations, acquisitions, and joint venture activities as a means to enhance their respective customer bases. In doing so, these players are also increasing their supply capabilities to meet customer requirements on a local and global scale. This factor, paired with promising industrialization prospects in developing economies of the Asia-Pacific region, such as China, India, Taiwan, Indonesia, etc., are expected to create massive business opportunities for key players over the forecast period.

Details about leading advanced baby monitors

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Increasing population of working women is expected to boost the revenue growth of the market.

The benefit and ease of these products offer parents greater convenience levels when compared to manually assisted children. The increasing number of working parents is a crucial factor that is anticipated to boost the revenue growth of this market. As most working parents are required to leave their children alone during working hours, advanced baby monitors are largely being adopted by them as a means of keeping watch on them. Additionally, a surge in the number of working women as a part of the labor workforce due to increased literacy rates is another factor that is projected to play a vital role in boosting the demand for these products.

Some best baby monitors:

• Best Overall Baby Monitor: Infant Optics DXR-8 Video Baby Monitor
• Best Value Non-WiFi Baby Monitor: eufy Spaceview S Video Monitor
• Best Smart Baby Monitor: Safety 1st WiFi Baby Monitor
• Best Baby Monitor with App: Nanit Plus Smart Baby Monitor
• Best Advanced Baby Monitor: Miku Smart Baby Monitor
• Best Audio-Only Baby Monitor: VTech DM221 Baby Monitor
• Best Integrated Baby Monitor System: Lumi by Pampers Smart Baby Monitor and Sleep Kit
• Best Baby Monitor Range: Motorola Video Baby Monitor
• Best Baby Monitor Security Camera: Google Nest Cam Indoor

Stringent regulatory approval may hamper the growth of the advanced baby monitor market

Advanced baby monitoring products require approval from specific government agencies (such as the Food and Drug Administration (FDA)), etc.) concerning their usage at home or for hospital purposes. And these approval processes are time-consuming. Additionally, there is no such evidence that these monitors prevent Sudden Infant Death Syndrome (SIDS). These are some of the primary factors that may hamper the market growth of this sector to a certain extent.

Technological innovations in advanced baby monitor feeling demand

Technological innovations in advanced baby monitors, such as notification alarm systems, that dispatch an alert to custodians of the infant, in case of certain situations, such as vaccination due dates or even feeding time. This system also alerts parents if an infant’s cry has been detected for a prolonged period. Additionally, there are several innovations in video streaming, movement detection, graphing, temperature-humidity detection and graphing, reminder systems, etc. These are expected to increase the rate of adoption of these monitors for homecare and hospital applications.

Global Advanced Baby Monitor Market Analysis

The global market is segmented based on product type, distribution channel, and region. Based on the product type, the market is segmented into Wi-Fi baby monitors (video + audio), video baby monitors, and audio-only baby monitors. Among these product types, the Wi-Fi baby monitors (video + audio) sub-segment accounts for the largest share in this market, owing to the availability of both video and audio features. On the basis of distribution channels, this market is segmented into hospital pharmacies, specialty stores/drug stores, retail pharmacies, online pharmacies, and supermarkets/hypermarkets. The specialty stores/ drug store sub-segment is expected to account for a significant share of this target market-generated revenue among these sub-segments. Segmentation on a regional basis - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Based on the regional analysis, the Asia Pacific is slated to register the highest growth rate of revenue over the next decade, owing to the increasing demand for these products, complemented by a robust birth rate. The regions of North America and Europe follow the Asia-Pacific and are expected to register constant revenue growth due to surging health concerns and the increasing demand for advanced baby monitoring products as well.

Competitive Landscape

The advanced baby monitor market landscape appears highly consolidated, with a significant chunk of it being dominated by US players.

• Motorola Solutions, Inc.
• Mattel, Inc.
• JABLOTRON Group
• Mayborn Group Limited
• The Holding Angelcare Inc
• Nanit
• Infant Optics
• iBabyGuard International
• Owlet Baby Care Inc
• Snuza International (Pty) Ltd
• Mondevices Inc.
• Other Key Players

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The Advanced Baby Monitor Market Is Segmented Based On:

Advanced Baby Monitor Market, By Product Type

• Wi-Fi Baby Monitors (Video + Audio)
• Video Baby Monitors
• Audio-Only Baby Monitors

Advanced Baby Monitor Market, By Distribution Channel

• Hospital Pharmacies
• Specialty Stores/Drug Stores
• Retail Pharmacies
• Online Pharmacies
• Supermarkets/Hypermarkets

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