Global Baby Monitor Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global baby monitor market in its upcoming report titled, “Global Baby Monitor Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global baby monitor market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The baby monitor market report has been segmented on the basis of type, connectivity, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

A baby monitor is a system that enables parents to remotely monitor the sounds and movements of their baby. It is also known as baby alarm which are available in two types such as audio baby monitors and audio-visual baby monitor. An audio baby monitor consists of a transmitter unit, equipped with a microphone, placed near to the child. It transmits the sounds by radio waves to a receiver unit with a speaker carried by, or near to, the person caring for the infant. Some baby monitors provide two-way communication which allows the parent to speak back to the baby. Some allow music to be played to the child. A monitor with a video camera and receiver is also known as baby cam. It is used as a video camera to show pictures on the receiver, through plugging the receiver into a television or by including a portable LCD screen

Growing demand of baby monitor owing to increasing population of working parents is the key factor driving the growth of the market. The baby monitors enable employed parents to watch or track baby’s movements when they are away from home. In addition, steady increase in population of newborns are influencing the sale of baby monitors and increasing awareness about SUID (Sudden Unexpected Infant Death) are some of the key reasons for market growth. In 2015, there were about 3,700 sudden unexpected infant deaths (SUID), according to the Centers for Disease Control and Prevention(CDC). Moreover, high disposable income, increasing penetration of smart devices, and growing usage of internet coupled with e-commerce platforms offering wide range of products is also expected to boost market growth significantly.

However, low birth rates in some countries such as Japan, Italy, Germany, Spain and more is expected to restrain market growth.

The market in North America is expected to dominate the global baby monitor market owing to high disposable income, growing number of nuclear families, advanced technological infrastructure and increase in adoption of innovative & niche baby products. The market in Asia Pacific in expected to witness significant growth in the coming years owing to increasing awareness about child care, increasing disposable income and changing lifestyle.

Global Baby Monitor Market Segmentation:

Segmentation on the basis of type:

• Audio Baby Monitors
• Audio-Visual Baby Monitors

Segmentation on the basis of connectivity:

• Wired Baby Monitors
• Wireless Baby Monitors

Segmentation on the basis of region:

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