The global baby monitor market accounted for USD 1103.1 Million in 2020 and is expected to reach USD 2087.7 Million by 2028, growing at a CAGR of 8.3% from 2021 to 2028.
The global baby monitor market accounted for USD 1103.1 Million in 2020 and is expected to reach USD 2087.7 Million by 2028, growing at a CAGR of 8.3% from 2021 to 2028.
A baby monitor is a radio device that is used to listen to an infant's sounds from a distance. New or working parents who want to keep a check on their babies from afar, or keep an update of the baby’s movements predominantly use baby monitors. Audio and video monitoring are the two primary ways that parents use to monitor their babies. An audio monitor comprises of a transmitter component that is outfitted with a microphone and transmits the sounds to the receiver component, carried by the parent or caretaker with the help of radio waves.
Rise in double income families, especially working women is one of the major factors contributing to the growth of this market. The proliferation of smartphones can be expected to aid the growth of this market as it enables parents to monitor their children from any place or on the go. This market has also been characterized by rapid developments in technology such as introduction of AI powered baby monitors.
COVID-19 Impact Analysis
Covid-19 is expected to have a negative impact on the baby monitor market owing to the decreased frequency of consumer appliance purchases and increased focus on essential and personal care items. Moreover, disruptions caused in supply chain and logistics have severely affected the procurement rate of electronic equipment including components of smart baby monitors.
Growth Factors
An increasing number of nuclear families and working parents is one of the main factors boosting the growth of this market. Working parents are actively seeking nannies or daycare centres to look after their children while they are away from home. The baby monitors enable parents to get on with their routines without worrying about the child’s safety. Integration of baby monitoring systems with smartphones can further augment this market by facilitating real time communication between the parents and the child.
Rising concerns associated with child safety are also encouraging consumers to purchase baby monitors. Moreover, features such as ease of installation, portability and WLAN connection can also be expected to propel this market.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Type Segment Analysis Preview
Video segment held a share of more than 64% in 2020. Video monitors are more popular as they provide live video access of the child’s status, allowing the parents to monitor more efficiently and securely when away from home or even at home. It also helps prevent injury and any other mishap that might occur while the parents are away. They also offer features such as two way communication, lullabies to soothe the baby, temperature sensors and others.
Distribution Channel Segment Analysis Preview
The online segment is expected to grow around a CAGR of 8.1% from 2021 to 2028. A broad variety of products available in online retail stores is expected to be a major driver of online sales. E-commerce websites also allow consumers to compare prices and variants and get feedback from previous users, a crucial factor when parents buy products for their children. Moreover, with the Covid-19 pandemic and retails stores shutting down temporarily, online segment is expected is grow.
Regional Analysis Preview
The North America region held a share of more than 35% in 2020. This is mainly attributable to a large number of nuclear families and single parents in this region. Easy availability of baby monitors in local retail and online stores clubbed with rapid expansion of e-commerce is also expected to positively influence the market in this region. The growth can also be attributed to higher spending capacity of consumers in this region and rising awareness of the benefits of baby monitors.
The Asia Pacific region is projected to grow at a CAGR of over 8% over the forecast period. This is primarily due to the rising number of working women in countries such as China, Japan, India and others. Rapid adoption of technology among working parents and increasing consumer buying power, has further fueled demand for baby monitors in this area. In addition, the number of millenials in the area has increased significantly, who are the primary consumers of advanced technological devices and digital systems.
Key Market Players & Competitive Landscape
Some of key players in baby monitor market are Samsung Electronics, LOREX Technology Inc., VTech Communications, Summer Infant Inc., Philips, Dorel Industries Inc., Sony Corporation, Motorola, iBaby Labs and Angelcare Monitors among others.
Over the past few years, key players have been coming up with new and innovative baby monitors. For instance, key players such as Motorola have been offering attractive deals on Wi-Fi baby monitors with 1080p and night vision cameras.
The global baby monitor market is segmented as follows:
By Type
By Connectivity
By Distribution Channel
By Region
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Connectivity
FIG NO. 3. Market Attractiveness Analysis, By Distribution Channel
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Baby Monitor Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Market Revenue Share, By Connectivity, 2020 & 2028
FIG NO. 9. Market Revenue Share, By Distribution Channel, 2020 & 2028
FIG NO. 10. Global Baby Monitor Market Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Baby Monitor Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 12. Porter’s Five Forces Analysis for Global Baby Monitor Market
FIG NO. 13. PEST Analysis for Global Baby Monitor Market
FIG NO. 14. Pricing Analysis for Global Baby Monitor Market
FIG NO. 15. Value Chain Analysis for Global Baby Monitor Market
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. Samsung Electronics Business Segment Revenue Share, 2020 (%)
FIG NO. 20. Samsung Electronics Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
List of Tables
TABLE NO. 1. Global Baby Monitor Market: Snapshot
TABLE NO. 2. Quarterly Baby Monitor Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Baby Monitor Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Baby Monitor Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 7. North America Baby Monitor Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 8. North America Baby Monitor Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 9. North America Baby Monitor Market Revenue, By Connectivity, 2016 – 2028 (USD Million)
TABLE NO. 10. North America Baby Monitor Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 11. U.S. Baby Monitor Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 12. U.S. Baby Monitor Market Revenue, By Connectivity, 2016 – 2028 (USD Million)
TABLE NO. 13. U.S. Baby Monitor Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 14. Canada Baby Monitor Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 15. Canada Baby Monitor Market Revenue, By Connectivity, 2016 – 2028 (USD Million)
TABLE NO. 16. Canada Baby Monitor Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 17. Mexico Baby Monitor Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 18. Mexico Baby Monitor Market Revenue, By Connectivity, 2016 – 2028 (USD Million)
TABLE NO. 19. Mexico Baby Monitor Market Revenue, By Distribution Channel, 2016 – 2028 (USD Million)
TABLE NO. 20. Drivers for the Baby Monitor Market: Impact Analysis
TABLE NO. 21. Restraints for the Baby Monitor Market: Impact Analysis
TABLE NO. 22. Major Buyers of Baby Monitor
TABLE NO. 23. Distributors/Traders List of Baby Monitor
TABLE NO. 24. Global Baby Monitor Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 25. Global Baby Monitor Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
The global baby monitor market was valued at USD 1103.1 Million in 2020.
The global baby monitor market is expected to reach USD 2087.7 Million by 2028, growing at a CAGR of 8.3% between 2021 to 2028.
Some of the key factors driving the global baby monitor market growth are rising number of working women, high concern for children’s safety and rapid developments in technology.
North America region held a substantial share of the baby monitor market in 2020. This is attributable to the large presence of nuclear families and dual income families. Asia Pacific region is projected to grow at a significant rate owing to the rising demand for baby monitors in developing economies such as China and India.
Samsung Electronics, LOREX Technology Inc., VTech Communications, Summer Infant Inc., Philips, Dorel Industries Inc., Sony Corporation, Motorola, iBaby Labs and Angelcare Monitors among others.
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed