Baby Monitor Market Poised to Reach US$ 1264 Million by 2032

The global baby monitor market is poised to reach US$ 567 Million by the year 2022. Forecasts indicate that sales of baby monitor systems will experience a noteworthy growth trajectory, with a projected compound annual growth rate (CAGR) of 8.3%. This growth is expected to result in a market value of US$ 1,264 Million by the end of 2032.

Technological advancements have continually expanded the array of tools and methods available for child monitoring. The advent of the Internet of Things (IoT) has played a pivotal role in not only diversifying the product offerings but also in widening the market scope for such products. Within this context, various manufacturers have introduced cost-effective wireless sensor-based systems designed for motion detection and monitoring of infants..

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Baby Monitor Market: Key Highlights

• The North American Baby Monitor Market: High Sales Drive Attractiveness:

Due to surging sales of baby monitors in North America, the region emerges as an increasingly attractive market. The rising workforce participation, especially in the United States, coupled with a growing GDP per capita, is poised to propel the demand for baby monitors. During the forecast period, the North American baby monitor market is anticipated to experience substantial growth, with a robust CAGR of 9.5%.

• Video Monitoring Takes Center Stage:

Video monitoring is set to gain significant traction during the assessment phase. This expansion is bolstered by the proliferation of the Internet of Things (IoT), enabling parents to track their children's every move via their connected devices such as smartphones, tablets, or laptops.

• Wired Baby Monitors on the Rise:

The sales of wired baby monitors have seen remarkable growth in recent years, and this trend is expected to persist. By the end of the assessment period, sales of wired baby monitors are projected to surpass the US$ 890 million mark.

• Leading Sales Channels: Modern Trade and Online Stores:

Modern trade channels are expected to take the lead in the global baby monitor market, with sales exceeding US$ 300 million. Additionally, online stores contribute significantly to the market's growth, and this segment is expected to maintain a robust growth rate throughout the forecast period.

Competitive landscape:

New product launches and expansion of credit lines to improve production processes are two of the key strategies used by baby monitor manufacturers. The company also relies on approaches such as mergers and acquisitions, collaborations, and partnerships with existing players and research institutes.

  • Introducing its newest innovation, bonoch is an emerging brand offering childcare products designed to support multi-child families. With the new Video Baby Monitor from Bonoch, users can monitor multiple angles simultaneously with two HD cameras. This brand was launched in 2021 and focuses on building innovative products to help first-time parents. Additionally, the Baby Monitor can play soothing lullabies and provide real-time room temperature readings in addition to a two-way voice system to help children rest before sleeping.
  • A new AI baby monitor has been launched by Pxierra. In order to keep track of their newborn’s vital signs, parents can use this new device to measure heart rate and breathing rate without having to touch him or her. In order to help parents care for their newborns, Pxierra provides them with the latest technology. A new era of neonatal nursing technology has been ushered in by the constant evolution of AI algorithms. Pxierra, a Chinese tech startup, has recently developed a baby monitor that applies artificial intelligence algorithms.

Global Baby Monitor Market by Category:

By Product Type:

  • Audio Baby Monitor
  • Video Baby Monitor
  • Motion Sensor Baby Monitor

By Connectivity:

  • Wired
  • Wireless/Wi-Fi

By Sales Channel:

  • Retail Stores
  • Supermarket/Hypermarket
  • E-Commerce
  • Specialty Store

By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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