Acquire Market Research has announced a new report titled “Global Smart Connected Baby Monitors Market 2019-2023” to their offerings
According to Acquire Market Research this study, About this market
Innovation in technology is the key factor driving the global smart connected baby monitors market. Various players are developing innovative smart connected baby monitors with features such as temperature monitoring, remote monitoring, humidity history and noise detection. These innovations provide opportunities for vendors to derive huge profits margins, since these products are priced higher than the other products. Our analysts have predicted that the smart connected baby monitors market will register a CAGR of almost 3% by 2023.
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Growing smartphone penetration and increasing number of working mothers
Growing smartphone penetration is directly impacting sales of smart connected baby monitor products. Rising smartphone and internet penetration rates enable consumers to use smartphones to monitor their infants and toddlers.
Higher prices of smart connected baby monitor products
The perception among consumers in most countries of smart baby monitors being luxury products is hindering sales of these products.
For the detailed list of factors that will drive and challenge the growth of the smart connected baby monitors market during the 2019-2023, view our report.
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The smart connected baby monitors market is highly fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The key manufacturers covered in this report
and VTech Holdings
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This report also splits the market by region
Americas, EMEA , APAC
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY END-USER
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