The latest research report entitled Baby Monitors Market (by product type (audio baby monitor, fixed video monitor, and pan and tilt monitor), connectivity type (wired monitors, and wireless monitors)) provides complete and deep insights into the market dynamics and growth of baby monitors.
The latest information on market risks, industry chain structure baby monitors cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential baby monitors growth factors. According to the report, the global baby monitors market is projected to grow at a CAGR of 7.45% over the forecast period of 2019-2025.
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Baby monitors also knowns as the baby alarm is a radio system that allows parents to remotely track the movement and several other activities of the baby. Basically, it is an audio monitor with microphones and transmitter that allows two-way combination between baby and parents. These baby monitor with pre-installed lullabies and movement trackers are available in the market to deliver the changing needs of the parents.
Growing Numbers of Working Parents Especially Women’s and Growth in Disposable Income of a Family is Driving the Growth of the Baby Monitor Market
Growing numbers of working parents especially women’s and growth in disposable income of a family is driving the growth of the baby monitor market. When parents are away from home they can easily watch or track their baby’s movement with the help of baby monitors. Growing usage of internet and smartphones allows the parents to watch the baby at a remote location.
Further, rapid acceptance of baby monitors in daycare centers & homeand increasing awareness regarding the safety of the babies are some of the factors supporting the growth for baby monitor market. On the flip side, declining birth rate due to high-stress level, low fertility, and inactive lifestyle is limiting the growth for the baby monitor market. Besides, technological advancement is the generation a growth opportunity during the forecast period.
North America Holds the Largest Market Share in Baby Monitor Market
As per the geographies, North America holds the largest market share in baby monitor market followed by Asia Pacific region. In the North America region due to advancement in technology, growing numbers of day care centers and growing innovations drive the growth for baby monitor market in this region.
Further, in the Asia Pacific region such as increasing disposable income, an increasing number of working mothers, growing awareness regarding child safety, growing population, and usage of smartphones along with the internet are some of the supporting reasons for the growth of baby monitor market in the Asia Pacific region.
The report on global baby monitors market covers segments such as product type and connectivity type. On the basis of product type, the sub-markets include audio baby monitor, fixed video monitor, and pan and tilt monitor. On the basis of connectivity type, the sub-markets include wired monitors and wireless monitors.
The report provides profiles of the companies in the market such as Koninklijke Philips N.V, Hisense Group Co., Ltd., Samsung Electronics Co. Ltd., Summer Infant, Inc., Dorel Industries Inc., Windeln.De, Lorex Technology Inc., Sony Corporation, Angelcare Monitors Inc., and VTech Holdings Limited.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-baby-monitors-market
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the baby monitors.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.