The Latin America, Middle East and Africa Baby Monitor Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,994.1 thousand units, showcasing a growth of 9.5% (2023-2030).
The primary application of these monitors remains in households, where parents use these devices to keep a vigilant eye and ear on their infants. Traditional audio monitors are still popular for their simplicity, while video monitors have gained widespread acceptance for providing a visual component to monitoring. These monitors are increasingly finding applications in professional childcare settings such as daycare centers. This allows caregivers to constantly vigil over multiple children simultaneously, enhancing the overall safety and security of the childcare environment.
With the rising number of working professionals with a baby, the demand for these monitors is also increasing. These professionals are more likely to use these monitors to monitor their babies while at work, thus boosting the market's growth. Moreover, more companies are investing in research and development to innovate new products that are safer, more secure, and easier to use, attracting new consumers. The growing urbanization is changing consumers' lifestyles and reducing gender biases, thus promoting women professionals working in different fields per their choices. The growing participation of women, including mothers with newborn babies, is boosting the growth of monitoring devices.
The increase in disposable income contributes to the overall expansion of the baby care industry in the UAE. A higher disposable income establishes a market for niche and specialized baby monitor products. Parents in the UAE seek reputable and well-known brands in the market, considering these products as investments in quality and reliability. The UAE has a tech-savvy consumer base that values the latest technological innovations. Parents with higher disposable incomes are more likely to embrace smart monitors with features like mobile app compatibility and real-time alerts, aligning with their lifestyle preferences. These aspects will boost market growth in the coming years.
The Brazil market dominated the LAMEA Baby Monitor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $40.4 Million by 2030. The Argentina market is showcasing a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).
Based on Type, the market is segmented into Video, and Audio. Based on Distribution Channel, the market is segmented into Retail Stores, Supermarket/Hypermarket, E-Commerce, and Specialty Stores. Based on Connectivity, the market is segmented into Wireless, and Wired. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Baby Monitor Market is Projected to reach USD 2.2 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dorel Industries, Inc., Angelcare Monitors Inc., Summer Infant, Inc. (Kids2, Inc.), Samsung Electronics Co., Ltd. (Samsung Group), Koninklijke Philips N.V., Nokia Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Google LLC (Alphabet Inc.), Lorex Technology Inc. and VTech Holdings Limited.
By Type (Volume, Thousand Units, Revenue, USD Billion/Million, 2019-30)
By Distribution Channel (Volume, Thousand Units, Revenue, USD Billion/Million, 2019-30)
By Connectivity (Volume, Thousand Units, Revenue, USD Billion/Million, 2019-30)
By Country (Volume, Thousand Units, Revenue, USD Billion/Million, 2019-30)
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