Baby monitors are used to monitor a baby's activities when parents are not in close proximity of the baby. A baby monitor is also known as a baby alarm.
Audio monitor consists of a transmitter unit equipped with a microphone placed near the child. It transmits sounds through radio waves to a receiver unit with a speaker near to the person caring for the infant.
Video monitor is used to show pictures on the receiver, either by plugging the receiver unit into a television or on a portable LCD screen. This type of surveillance camera is also known as baby cam.
North America is a major baby monitoring devices market, followed by Europe and Asia Pacific
Rise in the number of working parents, single parents, and nuclear families are likely to propel the growth of the North America baby monitoring devices market
This market in Asia Pacific is expected to grow at a significant rate during the forecast period, owing to rise in disposable income and increase in population. Moreover, growth of the baby monitoring devices market in Asia Pacific can be attributed to high birth rate and tech-savvy millennial parents in the region.
Increased competition among leading manufacturers of baby monitoring devices has led to substantial investments on advertising and promotional activities of baby monitoring devices
Increase in penetration of smart phones coupled with growing usage of the Internet has enabled parents to watch their children from a different location. As new technologies are emerging in the market with Internet of Things (IoT), wireless baby monitoring devices are experiencing high demand.
Rise in emphasis on baby care and increase in urbanization are significantly driving the global baby monitoring devices market. Technological advancements and the trend of late marriage are offering lucrative opportunities to the market.
Several parents demanding child surveillance from workplace across the region and rise in the number of working parents are factors that are anticipated to drive the global baby monitoring devices market
Decline birth rate and concerns over safety standards are expected to hamper the growth of the baby monitoring devices market during the forecast period
The global baby monitoring devices market has been segmented based on product type, connectivity, end user, distribution channel, and region
Based on product type, the video monitor segment is leading the global baby monitoring devices market, owing to the ease of use, efficiency, and cost effectiveness
Manufacturers are focusing on product innovation to cater to the rising demand from consumers and to stay competitive in the global market
In terms of product type, the global baby monitoring devices market has been classified into video monitor, audio monitor, and others
Based on connectivity, the global baby monitoring devices market has been segmented into wired and wireless.
Based on end user, the global baby monitoring devices market has been divided into individual and commercial
In terms of distribution channel, the global baby monitoring devices market has been bifurcated into online and offline. Online segment has been further segmented into company owned website and E-commerce website. Offline segment has been sub-divided into hypermarkets & supermarkets, specialty stores, and brand stores.
Based on region, the global baby monitoring devices market has been classified into North America (U.S., Canada, and Rest of North America), Europe (U.K., Italy, France, Germany, and Rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia Pacific), Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa), and South America (Argentina, Brazil, and Rest of South America)
The baby monitoring devices market is highly competitive due to the presence of a large number of regional and international manufacturers of baby monitoring devices across the world. Major players are increasingly focusing on the introduction of innovative products with advanced features.
Key companies profiled in the research report include Summer Infant Inc., Dorel Industries Inc., Angelcare Monitors Inc., Motorola Solutions, Inc., Koninklijke Philips N.V, Snuza International, Hisense, iBaby Labs, Inc., Lorex Technology Inc., and VTech Holdings Limited