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Smart Baby Monitor Market Trends

Report ID: GMI6395
Published Date: Aug 2023
Report Format: PDF

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Smart Baby Monitor Market Trends

Rising internet penetration, backed by the surge in smartphone users and the emergence of affordable telecom and Internet services, will positively influence the industry landscape. According to the International Telecommunication Union, an estimated 66% or nearly two-thirds of the worlds population, equivalent to 5.3 billion people, use the Internet. As internet connectivity becomes more widespread, the adoption of smart baby monitors is also likely to increase, significantly driving market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size smart baby monitor was worth USD 1.2 billion in 2022 and is poised to expand at 9.5% CAGR from 2023 to 2032 driven by the growing consumer awareness.

Wireless smart baby monitor industry is set to witness 8.5% CAGR from 2023 to 2032 owing to increasing usage to offer convenience and ease of use.

North America held more than 45% share of the global smart baby monitors market in 2022 and is poised to grow considerably through 2032 attributed to the high level of technological adoption and internet penetration in the region.

Some top companies in the smart baby monitor are Angelcare Monitor Inc., Arlo Technologies (Netgear), Eufy (Anker), iBaby Labs, Infant Optics, Lollipop Baby Camera, Lorex Technology Inc., Motorola, Nanit, Owlet Baby Care, Philips, Safety 1st, Samsung Electronics Co., Summer Infant, and Vtech.