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Smart Baby Monitor Market

Market Insights on Smart Baby Monitor covering sales outlook, demand forecast & up-to-date key trends

Smart Baby Monitor Market by Product Type, Price Range, Application, Distribution Channel & Region | Forecast to 2017 to 2032.

Smart Baby Monitor Market Snapshot (2017 to 2032)

The Smart Baby Monitor Market is likely to hold the global market at a moderate CAGR of 8% during the forecast period. The global market holds a forecasted revenue of US$ 1.14 Billion in 2022 and is likely to cross US$ 2.46 Billion by the end of 2032.

The Smart Baby Monitor market is anticipated to show promising growth prospects during the forecast period, expanding the Smart Baby Monitor market size.

Attribute

Details

The Smart Baby Monitor Market Estimated Size (2021)

US$ 1.06 Billion

The Smart Baby Monitor Market Estimated Size (2022)

US$ 1.14 Billion

The Smart Baby Monitor Market Projected Size (2032)

US$ 2.46 Billion

The Smart Baby Monitor Market CAGR (2022 to 2032)

8%

A smart baby monitor is a smart device, specifically used for tracking and monitoring babies. The market for smart baby monitors is expanding as a result of technological advancements, particularly for video and Wi-Fi technology uses. The market's competition for electronic goods drives down prices, which immediately stimulates demand for smart baby monitors.

A smart baby monitor is one of the baby care items that has benefited the most from the increased number of working parents, improved lifestyles, and nuclear families facing problems for caretakers. Additionally, the market for smart baby monitors is expanding as a result of internet shopping and rising baby product spending. The use of smartphones for connectivity to these monitors is another factor that is keeping parent tension free, as they can monitor their baby from anywhere easily. Some advanced monitors allow parents to communicate through them.

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Increasing women employment rate and disposable income along with rise of care taking agencies are boosting the market.

The number of working parents is increasing in urban areas. Concerns about child care are growing for a number of reasons, including nuclear families in large cities and increased female employment rates. As parents cannot give time to take care of babies, they are investing in baby care products and safety devices. Manufacturers are using this opportunity to develop innovative and smart devices that can help parents to monitor their babies in real-time and keep them alerting time-to-time.

As working parents are ready to spend money for the safety of their children, rising purchasing power and high disposable income from urban customers are helping the market grow. Developing countries are also observing a rise in customers, as people are getting busier and require monitoring solutions.

Caretaking agencies are another big customer for baby monitors. There are agencies that provide caretakers for the specified time. These caretakers also help with daily chores while taking care of the baby. To ensure safety and attend to the baby all the time, the caretaking agencies take the help of these monitors. Caretakers can use these monitors and get alerts about activities while completing other work assigned or simply relaxing.

Technical problems and connectivity issues are restraining the smart baby monitor market.

Smart monitors are commonly used by parents in urban areas. But, as these monitors are electronic devices, they can undergo breakdown or can be hacked. These problems can create distress, as connectivity can be hampered or the monitors can be damaged. There are chances of technical difficulties for monitors, which can result in interaction issues and misinformation. These issues can lead to serious problems if not attended to properly and in time.

These monitors also have limited signal range, if the monitor is using Bluetooth connectivity or wireless Wi-Fi connection. Internet-connected monitors can have connection issues if the weather condition changes or the Wi-Fi machine stops working. All these problems are proving to be challenged to the smart baby monitors market.

Sneha Verghese
Sneha Verghese
Principal Consultant
LinkedIn
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Country Insights

Working parents and caretaking agencies are utilizing the technology.

The USA has the highest number of employed parents. They are using baby monitors to stay in touch with their babies. The popular type of baby monitor is video and audio interactive, which allows parents to talk with their baby. Also, an increase in caretaking agencies in the country, which are using baby monitors to servile babies is another factor for the rise in the market.

Baby monitors are a popular safety measure among Chinese parents.

China is having high employment rate, along with a high number of working women. As the Chinese government has implemented a one-child policy, parents are making sure that the baby is safe all the time. Due to their busy and hectic life, caretakers are very expensive. So, parents from the country are using interactive cameras to monitor babies and caretakers. There are multiple manufacturers in the country itself, making these monitors abundant and cheaper.

Competitive Landscape

Some key players in the Smart Baby Monitor market are Philips, Samsung, Infant Optics, Snuza, WiFi Baby, Motorola, Nanit Sleep System, Graco, Angelcare, Panasonic, Arlo Baby, Eufy SpaceView Baby Monitor, Safety 1st, Levana, Summer Infant Lorex, Withings, iBaby, Vtech, iBaby Monitor, and others. These are popular and well-known brands all over the world.

  • Cubo AI launched a sleep monitoring pad in mid-2022. This sleep-sensing pad can detect breathing patterns and keep record sleep data of the baby. This smart pad is compatible with its award-winning baby monitor, giving parents complete satisfaction and safety assurance.
  • Nanit has launched a smart baby monitor, that can track breathing motion, have best-in-class connectivity, and also have high-quality audio and video features. The smart monitor named ‘Nanit Pro’ helps in interacting with the baby in real-time, and also has a notifications feature, alerting parents about baby activities.
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Scope of Report

Attribute

Details

Growth Rate

CAGR of 8% from 2022 to 2032

The base year for estimation

2021

Historical Data Available for

2017 to 2021

Forecast Period

2022 to 2032

Quantitative units

Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032

Report Coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis

Segments Covered

Product Type, Price Range, Application, Distribution Channel, Region

Country scope

USA; Canada; Mexico; Germany; United Kingdom; France; Italy; Spain; Russia; India; Thailand; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; United Arab Emirates; South Africa

Key Companies Profiled

  • Philips
  • Samsung
  • Infant Optics
  • Snuza
  • WiFi Baby
  • Motorola
  • Nanit Sleep System
  • Graco
  • Angelcare
  • Panasonic
  • Arlo Baby
  • Eufy SpaceView Baby Monitor
  • Safety 1st
  • Levana
  • Summer Infant Lorex
  • Withings
  • Vtech
  • iBaby Monitor
  • Others

Customization scope

Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Key Segments Profiled in the Smart Baby Monitor Market

By Product Type:

  • Wi-Fi Baby Monitors
  • Video Baby Monitors
  • Audio-only Baby Monitors

By Price Range:

  • High Range
  • Mid-Range
  • Economical

By Application:

  • Household
  • Commercial

By Distribution Channel:

  • Hypermarket/Supermarket
  • Wholesalers/Distributors
  • Specialty Stores
  • Independent Stores
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

The smart baby monitor market is expected to reach a valuation of US$ 1.14 Billion in 2022.

Increasing employment in developed countries, busy and hectic lifestyles, innovation in smart baby monitors, and the emergence of caretaking agencies in big cities are the key trends driving the smart baby monitors market.

Leading players operating in the smart baby monitor market are Philips, Samsung, Infant Optics, Snuza, WiFi Baby, Motorola, Nanit Sleep System, Graco, Angelcare, Panasonic, Arlo Baby, Eufy SpaceView Baby Monitor, Safety 1st, Levana, Summer Infant Lorex, Withings, iBaby, Vtech, iBaby Monitor and among others.

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Sneha Verghese
Principal Consultant
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Smart Baby Monitor Market