The Asia Pacific Smart Baby Monitor Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
Smart infant monitors enable parents and caregivers to monitor a child's activities when they are not present. In addition to providing relevant environmental information, like the room temperature, they include numerous additional features, such as nightlights and lullabies. Increasing knowledge about child and infant safety drives many parents to purchase these devices.
The growing use of smart home technologies contributes to market expansion. As more households adopt connected devices and the Internet of Things (IoT), it becomes natural to incorporate a smart infant monitor into a larger smart home ecosystem. Parents can access the monitor's features via their smartphones, tablets, or smart speakers, thereby improving the overall user experience. The increasing prevalence of nuclear families has increased parental responsibilities, increasing the demand for intelligent infant apparatus. Parents need equipment such as infant monitors to secure their children while away from home.
As one of the fastest-growing markets globally, Asia Pacific offers a unique amalgamation of challenges and opportunities for the smart baby monitor sector. Cultural nuances also play a significant role. In many Asian cultures, multi-generational living is standard, with grandparents often playing a pivotal role in child-rearing. This familial structure sometimes reduces the perceived need for electronic monitoring, as human surveillance is always present. However, this dynamic is gradually changing as nuclear family models become more widespread, especially in cities. Therefore, with its vast potential, the Asia Pacific market is poised for significant growth.
The China market dominated the Asia Pacific Smart Baby Monitor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $149.7 Million by 2030. The Japan market is anticipated to grow at a CAGR of 8.6% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 10% during (2023 - 2030).
Based on Tracking Device, the market is segmented into Audio & Video, and Tracking Device. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Baby Monitor Market is Projected to reach USD 2.3 Billion by 2030, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Motorola Solutions, Inc., Dorel Industries, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Netgear, Inc., Summer Infant, Inc. (Kids2, Inc.), Arlo Technologies, Inc., VTech Holdings Limited, Lorex Technology Inc., and iBaby Labs, Inc.
By Tracking Device
By Distribution Channel
By Country
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