Next
generation baby monitors are referred to a wearable baby monitor devices. Next
generation baby monitors are either installed in the baby clothing or attached
with baby cloth. These baby monitors are connected with phone or tablets via
wi-fi or bluetooth to give real time data about the baby breathing, sleep
activity, body position, and even skin temperature. Next generation baby
monitors sends an alert message whenever there’s a problem.
Market Size and Forecast
Global Next Generation Baby
Monitors Market
is expected to grow at a robust growth over the forecast period i.e. 2017-2024.
Further, next generation baby monitor market is riding on the back of numerous
factors such as growing adoption of new technology for monitoring the baby and
rising disposable income of the population.
In terms
of regional platform, North America and Europe are the most prominent regional
market for next generation baby monitors in 2016. North America is expected to
dominate the overall market of next generation baby monitors by the end of 2024
aided by U.S. Further, rapid adoption of technological advance devices in this
region is believed to fuel the growth of next generation baby monitors market.
Moreover, presence of major key players of baby monitor devices is envisioned
to foster the growth of next generation baby monitors market.
Europe
region captured the second the largest market in next generation baby monitors
market in terms of revenue in 2016. Additionally, rapid urbanization and
growing concerns among the working parents for monitoring their baby are
projected to boost the demand for next generation baby monitors. Likely,
Western Europe countries such as Germany, U.K., France and others are the major
contributor in the market of next generation baby monitors in Europe region.
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Asia-Pacific
region is projected to be the fastest growing next generation baby monitors
market owing to swelled disposable income of the population. Additionally, this
region is most lucrative market across the globe owing to emerging economies
such as India and China.
Market Segmentation
Our in-depth
analysis segmented the global next generation baby monitors market in the
following segments:
By
Distribution Channel
Online
Store
Offline
Store
Growth Drivers and Challenges
Rising
concerns among the working parents for monitoring their baby activities and
growing adoption of advanced technology by the consumers are envisioned to
foster the growth of next generation baby monitors market across the globe.
Moreover, spiked penetration of internet of things in consumer electronic
devices and growing research and development activities by major key players of
baby monitor are believed to be the dynamic factor behind the rapid growth of
next generation baby monitors market by end of 2024.
Furthermore,
rapid urbanization coupled with rising disposable income of the population and
increasing per capita income spending on child care products across the globe
are projected to flourish the growth of next generation baby monitors market.
Likely, growing penetration of online retailers along with wide availability of
baby monitors devices is anticipated to flourish the growth of next generation
baby monitors market.
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However,
high cost of next generation baby monitors and lack of awareness related to
next generation baby monitors are believed to dampen the growth of next
generation baby monitors market over the forecast period.
Key players
The major
key players for next generation baby monitors market are as follows
Daatrics
Ltd.
Company
Overview
Key
Product Offerings
Business
Strategy
SWOT
Analysis
Financials
Rest
Devices, Inc.
MonDevices.
Sproutling
Inc.
Owlet Baby
Care Inc.
Snuza Inc.
Scope and Context
Overview
of the Parent Market
Analyst
View
Segmentation
The global
next generation baby monitors market is segmented as follows:
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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know more about this research, kindly visit:
For
Table of Content & Free Sample Report Contact:
Name:- Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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