Uploaded on Jan 5, 2024
The baby monitor market size was valued at $1.2 billion in 2019, and is projected to reach $1.9 billion by 2027, growing at a CAGR of 5.4% from 2020 to 2027
Baby Monitor Market
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Baby Monitor Market
According to a new report published by Allied Market Research titled, “Global
Baby Monitor Market by Product Type, Connectivity, and Distribution Channel:
GlobalOpportunities and Forecasts, 2020-2027,”The baby monitor market size was
valued at $1.2 billion in 2019, and is projected to reach $1.9 billion by 2027, growing at a
CAGR of 5.4% from 2020 to 2027.
The global baby monitor market is expected to grow at a CAGR of 5.4% during forecast
period. In 2019, North America accounted for the largest share of around 63.2%, owing
to higher per-capita spending on baby care products and prevalence of nuclear family
culture. However, emerging countries in Asia, such as China and India, would witness
increase in demand for baby monitors during the forecast period ,owing to increase in
awareness, rise in number of employed parents, and growth in disposable income.
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Baby Monitor Market
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Frontrunners in the industry-
• Samsung Electronics Co. Ltd.
• Dorel Industries, Inc.
• Angel care Monitors, I nc.
• LOREX Technology, Inc.
• VTech Holdings Ltd.
• ShenZhen Foscam Intelligent Technology Co. Ltd.
• Summer Infant, Inc.
• Koninklijke Philips N.V.
• Nest Labs, Inc.
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Baby Monitor Market
The global baby monitor market is segmented on the basis of product type, connectivity,
distribution channel, and region.
Deepening on product type, the market is categorized into audio and video.
On the basis of connectivity, the market is divided into wired and wireless.
On the basis of distribution channel, the baby monitors market is categorized into retail
stores, supermarket/hyper market, specialty stores, and E-commerce.
North America and Europe are known to be the dominant regions in the baby monitor
market.
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Baby Monitor Market
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037e5b3e
Key findings of the study
• Quantitative analysis of the current market trends, estimations, and dynamics of the
global market for the period of 2020 to 2027 to identify the prevailing baby monitor
market opportunity.
• In 2019, North America was the highest revenue-generating market, owing to
higherad option of niche baby care products.
• Western Europe has emerged to be the second largest market with Germany and
U.K. accounting for the prominent baby monitor market share by value.
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Baby Monitor Market
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied
Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as
medium and small businesses with unmatched quality of "Market Research Reports" and "Business
Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist
its clients to make strategic business decisions and achieve sustainable growth in their respective market
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Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor &
Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market
data that helps us generate accurate research data tables and confirms utmost accuracy in our market
forecasting. Each and every data presented in the reports published by us is extracted through primary
interviews with top officials from leading companies of domain concerned. Our secondary data procurement
methodology includes deep online and offline research and discussion with knowledgeable professionals and
analysts in the industry.
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Baby Monitor Market
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