According to a recent research study “Advanced Baby Monitors Market, By Type (Stationary, Wearable), By Offering (Audio and Video and Tracking devices) By End User (Homecare, day-care others) opportunities and forecast 2020-2026” published by Data Library Research, the Advanced Baby Monitors market Studies many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Advanced Baby Monitors Market analysis segmented by companies, region, type and applications in the report.
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The Major Players Covered in Advanced Baby Monitors Market
- Samsung Electronics Co., Ltd.;
- Motorola, Inc.;
- Dorel Industries Inc.;
- iBaby Labs, Inc.;
- NETGEAR Inc.;
- Summer Infant, Inc.;
- Lorex Technology Inc.;
- Angelcare Monitor Inc.;
- Safety 1st.
Advanced baby monitors allow the parents to track the actions of their children. Growing awareness regarding the child safety has been encouraging the working parents to purchase such type of product. Increase in the number of working parents in countries including Canada, U.S., and China, is expected to remain the major factor driving the market growth. The products reduce stress of parents when they are at work or away from the home as device facilitate the consumers with real-time communication among parents and children. Additionally, rapid penetration of the smartphone has been assisting the growth of industry as they permit the parents to watch the child from any location.
Product innovation with the utilization of IoT (Internet of things) and new technologies is raising the demand for products in both developing and developed countries. Features including ease of installation, portability, and WLAN connection have been appealing the consumers around the world. However, decrease in the birth rate triggered by the sedentary and high-stressed lifestyle is predictable to hinder the market demand for industry in upcoming years. Moreover, safety concerns associated with the baby monitors can be challenge for the makers of the advanced baby monitor industry.
Over past few years, producers such as VTech Communications, Inc.; Summer Infant, Inc.; Lorex Technology Inc. and Lorex Technology Inc.; have been announcing new baby monitors to increase their consumer base and gain competitive advantage. Furthermore, other manufacturers such as Kimberly-Clark (Huggies) and Procter & Gamble Company (Pampers) are entering market by incorporating tracing devices in their monitors. In July 2019, Pampers declared to launch a smart diaper which will track child’s urine and sleep.
- To study and analyze the global Advanced Baby Monitors market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
- To understand the structure of Advanced Baby Monitors market by identifying its various sub segments.
- Focuses on the key global Advanced Baby Monitors players, to define, describe and analyze the value, market share, market competition landscape, swot analysis and development plans in next few years.
- to analyze the Advanced Baby Monitors with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Advanced Baby Monitors submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Key questions answered in this report
- What will the market size be in 2026 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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