Baby Monitor Market Size, Industry Analysis By Product Type (Audio Baby Monitor, Video Baby Monitor, And Motion Sensor Baby Monitor), By Application (Household And Commercial), By Mode Of Communication (Wired And Wireless/Wi-Fi), By Distribution Channel (Online Retail Channels, Hypermarket/Supermarket, Specialty Store) & Region - Forecasts
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 234
- CATEGORY
- Retails & Consumer
Global Baby Monitor Market Analysis by Product Type, Application, Mode Of Communication, Distribution Channel, and Region and segments forecast till 2033
Market Overview
The global baby monitor market was worth USD 1,603.78 million in 2022 and is anticipated to register a CAGR of 5.23%, thereby reaching a valuation of USD 2537.47 million by end of the forecast period.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 1,603.78 Million |
Market Forecast in 2033 | USD 2537.47 Million |
CAGR % 2023-2033 | 5.23% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Product Type, Application, Mode Of Communication, Distribution Channel |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | The prominent companies operating in the marketplace are Anker Technology (UK) Limited, Arlo, Babysense, Dorel Industries Inc., FLIR Systems Inc., Hanwha Group, Hisense Ltd., iBaby Labs, Inc., Infant Optics, Koninklijke Philips N.V., LB Technology Co., Ltd., Lenovo Group Limited, Lorex Technology Inc., Miku Inc., Motorola, Inc., Nanit, Nest Labs, Inc., NETGEAR Inc., Panasonic Corporation, Safety 1st, Samsung Corporation, ShenZhen Foscam Intelligent Technology Co., Ltd., Snuza, Sony Corporation, Summer Infant Inc., VICTURE, VTech Communications, Inc., Windeln.De AG, Withings Inc., and Angelcare Monitors Inc. |
A baby monitor or a baby alarm is referred to as a device that is used by parents to monitor an infant’s movements, while out of immediate looking or hearing distance. These monitors can be equipped with both audio and visual features and is regarded as an ideal product for working parents who want to be in constant touch with their babies even from their workplace. Rapid digital evolution, rise in the number of working female populace, and increasing disposable income of the masses are adding momentum to the progression of this industry sphere. Therefore, surge in dual working families, shifting consumer inclination towards wireless monitors, and increase in baby care expenditure are positive swaying the market dynamics.
Also, rising instances of crime rate involving infants and growing cognizance of parents about the benefits of infant care products and devices are creating lucrative expansion prospects to the industry vertical. On the contrary, high cost of these devices, rising data privacy concerns, and gradual decrease in birth rates due to the implementations of family planning policies across various nations are hindering the remuneration scope of this market sphere. Furthermore, the COVID-19 pandemic outrage decreased the demand for baby monitors across the globe. Impositions of lockdowns and other restrictions increased the trend of remote working, thereby mandating parents to continue their jobs from home. This in turn impeded the overall market growth.
There has been a rapid increase in the number of working females across the globe. This is predominantly powered by the rising trend of women empowerment. Widespread urbanization has also reduced gender biasness, which in turn has resulted in the creation of equal work opportunities for men and women. Therefore, with growing population of working mothers, there has been an escalating demand for baby monitors. With widespread economic developments, there has been a rise in the disposable income levels of individuals. This in turn has increased their purchasing power as well as baby care expenditure. Baby monitors, being cost in nature can only be afforded by well-to-do parents. Therefore, growth in per capita income levels play a vital role in the development of the overall industry.
Product Type Insights
The video baby monitor segment is poised to amass notable gains over 2023-2033. This is credited to the widespread increase in the demand for smart video monitors.
Application Insights
The household segment is expected to garner considerable returns over the stipulated timeline due to the increasing number of working parents across the globe.
Mode Of Communication Insights
The Wireless/Wi-Fi segment is predicted to dominate the market in terms of revenue share owing to their growing demand.
Distribution Channel Insights
The online retail channels segment is slated to amplify substantially over the assessment timeframe due to rising trends of online shopping.
Regional Insights
The primarily regions defining the geographical terrain of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to amplify with a substantial CAGR over 2022-2030. This is credited to the surge in the number of working mothers, rising child care expenditure, rise in per capita income levels, and presence of potential market players.
Competitive Analysis
The prominent companies operating in the marketplace are Anker Technology (UK) Limited, Arlo, Babysense, Dorel Industries Inc., FLIR Systems Inc., Hanwha Group, Hisense Ltd., iBaby Labs, Inc., Infant Optics, Koninklijke Philips N.V., LB Technology Co., Ltd., Lenovo Group Limited, Lorex Technology Inc., Miku Inc., Motorola, Inc., Nanit, Nest Labs, Inc., NETGEAR Inc., Panasonic Corporation, Safety 1st, Samsung Corporation, ShenZhen Foscam Intelligent Technology Co., Ltd., Snuza, Sony Corporation, Summer Infant Inc., VICTURE, VTech Communications, Inc., Windeln.De AG, Withings Inc., and Angelcare Monitors Inc.
Notably, in 2022, Vtech Technologies announced the launch of its baby monitor range named LeapFrog®. These monitor are equipped with features such as high-definition color LCD screens, tilt camera, color night vision, and dimmable night light.
Global Baby Monitor Market- Segmental Analysis
By Product Type:
• Audio Baby Monitor
• Video Baby Monitor
• Motion Sensor Baby Monitor
By Application:
• Household
• Commercial
By Mode Of Communication:
• Wired
• Wireless/Wi-Fi
By Distribution Channel:
• Online Retail Channels
• Hypermarket/Supermarket
• Specialty Store
• Others
Why to buy this Report?
The report provides quantitative and qualitative aspect for Baby Monitor Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Baby Monitor Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
• Business Model
• Production Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
• Company Share Analysis from 2020-2022
• Company Analysis by Revenue and Sales
• Company Production Capacity, Gross Margin
• Company Share Analysis by Application/End Use
• Company Share Analysis by Product/Specification
1. Global Baby Monitor Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Baby Monitor Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Baby Monitor Market Scope and Market Estimation
1.4.1. Global Baby Monitor Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Baby Monitor Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Global Baby Monitor Market Segmentation
1.5.1. Product Type of Global Baby Monitor Market
1.5.2. Application of Global Baby Monitor Market
1.5.3. Mode of Communication of Global Baby Monitor Market
1.5.4. Distribution Channel of Global Baby Monitor Market
1.5.5. Key Regions of Global Baby Monitor Market
2. Global Baby Monitor Market - Executive Summary
2.1. Global Baby Monitor Market – Summary & Snapshot
2.2. Global Baby Monitor Market, By Product Type (US$ Million)
2.3. Global Baby Monitor Market, By Application (US$ Million)
2.4. Global Baby Monitor Market, By Mode of Communication (US$ Million)
2.5. Global Baby Monitor Market, By Distribution Channel (US$ Million)
2.6. Global Baby Monitor Market, By Geography (US$ Million)
2.7. Global Baby Monitor Market Outlook & Future Opportunities
3. Baby Monitor Market Trends, Outlook, and Factors Analysis
3.1. Global Baby Monitor Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Baby Monitor Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Baby Monitor Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Rise in number pf employed parents act as one of the major driver
3.2.1.2. Increasing expenditure on baby products
3.2.1.3. Growing trend for online shopping
3.2.2. Restraints
3.2.2.1. Declining in birth rate act as a restraining factor for the growth of the market
3.2.2.2. Health safety concerns associated with the products
3.2.2.3. Expensive product price
3.2.3. Opportunities
3.2.3.1. Increasing awareness about baby monitoring products and rising baby concern
3.2.3.2. Technology advancements in baby monitor products
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Baby Monitor Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Baby Monitor Market
3.9.1. By Product Type
3.9.2. By Application
3.9.3. By Mode of Communication
3.9.4. By Distribution Channel
3.9.5. By Regions
4. Global Baby Monitor Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Baby Monitor Market, 2020 – 2021 (US$ Million)
4.2. Global Baby Monitor Market, By Product Type, 2020 to 2021 (US$ Million)
4.3. Global Baby Monitor Market, By Application, 2020 to 2021 (US$ Million)
4.4. Global Baby Monitor Market, By Mode of Communication, 2020 to 2021 (US$ Million)
4.5. Global Baby Monitor Market, By Distribution Channel, 2020 to 2021 (US$ Million)
4.6. Global Baby Monitor Market, By Region, 2020 to 2021 (US$ Million)
5. Global Baby Monitor Market Estimates & Forecast Trend Analysis, by Product Type
5.1. Global Baby Monitor Market Share (%) Estimates and Forecasts, by Service Product Type, 2022 & 2033
5.2. Global Baby Monitor Market Revenue (US$ Million) Estimates and Forecasts, by Service Product Type, 2022 to 2033
5.2.1. Audio Baby Monitor
5.2.2. Video Baby Monitor
5.2.3. Motion Sensor Baby Monitor
6. Global Baby Monitor Market Estimates & Forecast Trend Analysis, by Application
6.1. Global Baby Monitor Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033
6.2. Global Baby Monitor Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033
6.2.1. Household
6.2.2. Commercial
7. Global Baby Monitor Market Estimates & Forecast Trend Analysis, by Mode of Communication
7.1. Global Baby Monitor Market Share (%) Estimates and Forecasts, by Mode of Communication, 2022 & 2033
7.2. Global Baby Monitor Market Revenue (US$ Million) Estimates and Forecasts, by Mode of Communication, 2022 to 2033
7.2.1. Wired
7.2.2. Wireless/Wi-Fi
8. Global Baby Monitor Market Estimates & Forecast Trend Analysis, by Distribution Channel
8.1. Global Baby Monitor Market Share (%) Estimates and Forecasts, by Distribution Channel, 2022 & 2033
8.2. Global Baby Monitor Market Revenue (US$ Million) Estimates and Forecasts, by Distribution Channel, 2022 to 2033
8.2.1. Online Retail Channels
8.2.2. Hypermarket/Supermarket
8.2.3. Specialty Store
8.2.4. Other Retail Shops
9. Global Baby Monitor Market Analysis and Forecast, by Region
9.1. Global Baby Monitor Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
9.2. Global Baby Monitor Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
10. North America Baby Monitor Market: Estimates & Forecast Trend Analysis
10.1. North America Baby Monitor Market Assessments & Key Findings
10.2. North America Baby Monitor Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Baby Monitor Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
10.3.1. By Product Type
10.3.2. By Application
10.3.3. By Mode of Communication
10.3.4. By Distribution Channel
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
11. Europe Baby Monitor Market: Estimates & Forecast Trend Analysis
11.1. Europe Baby Monitor Market Assessments & Key Findings
11.2. Europe Baby Monitor Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Baby Monitor Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
11.3.1. By Product Type
11.3.2. By Application
11.3.3. By Mode of Communication
11.3.4. By Distribution Channel
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
12. Asia Pacific Baby Monitor Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Baby Monitor Market Assessments & Key Findings
12.2. Asia Pacific Baby Monitor Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Baby Monitor Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
12.3.1. By Product Type
12.3.2. By Application
12.3.3. By Mode of Communication
12.3.4. By Distribution Channel
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
13. Middle East & Africa Baby Monitor Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Baby Monitor Market Assessments & Key Findings
13.2. Middle East & Africa Baby Monitor Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Baby Monitor Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Service Product Type
13.3.2. By Application
13.3.3. By Mode of Communication
13.3.4. By Distribution Channel
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
14. Latin America Baby Monitor Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Baby Monitor Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Baby Monitor Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
14.3.1. By Service Product Type
14.3.2. By Application
14.3.3. By Mode of Communication
14.3.4. By Distribution Channel
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
15. Competitive Landscape
15.1. Baby Monitor Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Baby Monitor Market Competition Matrix, by Leading Players
15.3. Baby Monitor List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
16. Company Profiles
16.1. Angelcare Monitors Inc.
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. Anker Technology (UK) Limited
16.3. Arlo
16.4. Babysense
16.5. Dorel Industries Inc.
16.6. FLIR Systems Inc.
16.7. Hanwha Group
16.8. Hisense Ltd.
16.9. iBaby Labs, Inc.
16.10. Infant Optics
16.11. Koninklijke Philips N.V
16.12. LB Technology Co., Ltd.
16.13. Lenovo Group Limited
16.14. Lorex Technology Inc.
16.15. Miku Inc.
16.16. Motorola, Inc.
16.17. Nanit
16.18. Nest Labs, Inc.
16.19. NETGEAR Inc.
16.20. Panasonic Corporation
16.21. Safety 1st
16.22. Samsung Corporation
16.23. ShenZhen Foscam Intelligent Technology Co., Ltd.
16.24. Snuza
16.25. Sony Corporation
16.26. Summer Infant Inc.
16.27. VICTURE
16.28. VTech Communications, Inc.
16.29. Windeln.De AG
16.30. Withings Inc.
16.31. Others
17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations
18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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