Global Baby Wireless Monitor
Market By Product (Audio baby monitor, Video baby
monitor, Pan and tilt monitor) by Distribution Channel (online Store, Offline
Store, Specialty store, Electronic Store) and Region - Global Forecast to 2024
Baby
monitor is basically a baby alarm, which enables parents to remotely track the
activities of a baby. A basic audio monitor consists of a transmitter and
microphone, which aids a two-way communication between the parent and the baby.
The primary use of a baby monitor is to track the movement of the baby when the
parents are not at home or are away from the vicinity of the baby. The most
common types of baby monitors are audio baby monitor, fixed video monitor and
pan & tilt baby monitor in terms of by product.
Market Size and Forecast
The global
baby wireless monitor market is expected to grow at a CAGR of 4.1% over the
forecast period i.e. 2017-2024. Growing awareness about baby safety, increasing
disposable income coupled with increased online trade are the factors driving
the growth of the baby wireless monitor market globally. Thus, growing
influence of the internet on end-users’ purchasing behavior is the major factor
anticipated to bolster the growth of baby wireless monitor market.
Geographically,
North America region has been consistently dominating the baby wireless monitor market
globally. The United States is the leading country in this region
because of better technological infrastructure and increase in adoption of
innovative baby products fostering the baby wireless monitor market in the
region. Primarily, video wireless monitors by product are popular in this
region. Europe holds second largest baby wireless monitor market and it will
show a robust growth over the forecast period.
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Asia
Pacific and Middle East and Africa are the fastest growing markets due to
rising number of working parents and nuclear families. The Asia Pacific region
is the most lucrative market for wireless baby monitors owing to increased
adoption of baby monitor amongst Asian parents coupled with rising per capita
income and dual income households.
Market Segmentation
Our
in-depth analysis segmented the Baby wireless market monitor in the following
segments:
By Product
Audio baby
monitor
Video baby
monitor
Pan and
tilt monitor
By Distribution Channel
Online
store
Offline
store
Specialty
Store
Electronic
Store
Others
By Region
Global
baby wireless monitor Market is further classified on the basis of region as
follows:
North
America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
Latin
America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth &
Opportunity Analysis
Western
and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth
& Opportunity Analysis
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market
size, Y-O-Y growth & Opportunity Analysis
Middle
East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis
Growth Drivers and Challenges
Rising
urbanization coupled with increasing number of working parents has led to a
higher adoption of baby monitors in homes which are fostering the growth of
baby wireless monitor market. These baby monitors enable employed parents to watch
their baby or track their activities when they are away from home.
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Another
factor inclining the demand for baby wireless monitor market include increase
in penetration of smartphones coupled with growing usage of internet which has
enabled parents to watch their baby from a different location. Rise in the
usage of online retailers for baby products has led the market for easy
availability of wide range of baby monitoring products without wasting time in
shopping in the offline (physical) stores, which has significantly boosted the
demand for baby wireless monitor market. Apart from this, the market is driven
by rising per capita spending on child care products across the developing
economies.
However,
safety and security concerns along with declining birth rate may restrain the
growth of baby monitors market
in the next few years.
Key players
The major
key players for Baby wireless monitor are as follows
Dorel
Philips
Motorola
Flir lorex
Samsung
Summer
Infant
Dropcam
Anglecare
Monitors
ShenZhen
Foscam Intelligent Technology
Nest
lab
Vtech
holdings Ltd.
Scope and
Context
Overview
of the Parent Market
Analyst
View
Segmentation
The Global
baby wireless monitor Market is segmented as follows:
By Product
Market Size & Y-O-Y Growth Analysis
By
Distribution Channel Market Size & Y-O-Y Growth Analysis
By Region
Market Size & Y-O-Y Growth Analysis
Market
Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
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