According to a new report, published by KBV research, The Global Baby Monitor Market size is expected to reach $2.2 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 19,902.7 thousand units experiencing a growth of 6.4% (2019-2022).
The Video segment is registering a CAGR of 5.1 % during the forecast period. Video baby monitors often offer remote access through smartphone apps or dedicated monitors. This allows parents to check on their baby from anywhere with an internet association, providing convenience and peace of mind. Some video monitors have additional security features, such as encrypted transmission, to ensure privacy and protection against unauthorized access. These features address concerns about data security in connected devices.
The Retail Stores segment led the Global Baby Monitor Market by Distribution Channel in 2022; thereby, achieving a market value of $765.6 Million by 2030. Retail stores provide instant access to a variety of baby monitors. Consumers can see, touch, and compare different models on-site, making it easier to make an informed decision based on the preferences and needs. Being able to physically interact with the monitors allows consumers to assess their build quality, display clarity, sound quality, and additional features firsthand. In-store staff can offer advice, guidance, and demonstrations on how to set up and use the monitors effectively.
The Wireless segment is growing at a CAGR of 6.2 % during the forecast period. Wireless baby monitors offer greater flexibility regarding camera placement within the baby's room. Parents can easily adjust the camera's position for optimal monitoring. With Wi-Fi capability, wireless monitors provide the convenience of remote monitoring through smartphone apps. This feature lets parents check in on their baby even when not at home. Wireless monitors often come with portable parent units or are compatible with smartphones, allowing parents to move around the house while keeping an eye on their baby.
The North America region dominated the Global Baby Monitor Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $748.7 Million by 2030. The Asia Pacific region is anticipated to grow at a CAGR of 6.5% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 5.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/baby-monitor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Thousand Units, Revenue, USD Billion/Million, 2019-30)
Companies Profiled
Unique Offerings 
