Next Generation Baby Monitors by Distribution Channels (Offline and Online), By End-Use (Hospitals, Home sittings, and Early learning center), By Region (North America, Europe, APAC and Rest of the World)

Next-generation baby monitors are majorly used by parents globally to monitor their child activities. Owing to the diligent lifestyle of the consumers and increase in the number of working women, parents nowadays are not able to spend time with their children. Thus, to monitor the child activities and stay connected to them being far away, the next generation baby monitor is being used by them at an extensive level. Further, today’s generation parents are tech-savvy which is ultimately a major factor accelerating the next generation baby monitors market growth. As per recent next-generation baby monitors market research report, the total number of working women across the globe was recorded to be 48.7 million, which is undoubtedly a large number and this is going to affect the next generation baby monitor market trends positively.

Next Generation Baby Monitors Market revenue shall reach a value of USD Billion in 2031, growing with a CAGR of X.X% during the forecast period of 2022 to 2031. In terms of volume sales, the market is anticipated to reach XX Units.

Increasing health consciousness among consumers and an increase in the number of preterm births and fetal deaths are the major factors driving the next generation baby monitors market shares. Additionally, the increasing acceptance of technology-savvy devices by consumers for easy parenting is expected to emerge as a dominant factor expanding the next generation baby monitors industry growth. As per a recent survey, it has been found that in the year 2017,23 out of 100 deaths in the US were from infants, 27 out of 100 were from the age group of under five years and 15 out of 1000 were neonatal deaths. 

REGIONAL ANALYSIS

Geographically, the next generation baby monitors market has been segmented as North America, Europe, Asia-Pacific and Rest of the World. The North American region has shown significant growth in its industry revenue over the last few years. The main reason responsible for the commendable revenue generation is the presence of highly advanced technology and a large number of working people. Also, the rapid urbanization and increasing concerns of the working parents about their children are going to drive the next generation baby monitors market shares.

SEGMENT ANALYSIS

Based on distribution channels, the segmentation of the market has been done as Offline and Online. Major offline distribution channels are supermarkets, hypermarkets, convenience stores, and others. Further, online distribution channels include many websites and applications of e-commerce. The offline distribution channel is doing for the last few years. 
Further, online distribution channels are growing at a fast rate and are expected to generate significant market revenue in the coming years. Based on end-use, the segmentation of next-generation baby monitors has been done in as hospitals, home sittings, and early learning center. Out of which home setting segment has dominated the market in terms of revenue by generating a share of 65% of the overall revenue in 2017.

NEXT GENERATION BABY MONITORS COMPANIES:

Daatrics Ltd., Sproutling Inc., Owlet Baby Care Inc., Rest Devices, Inc., MonDevicesand Snuza Inc. are the leading industry players investing significantly in this market. These industry players adopt various advanced strategies including agreement and collaboration with other industries to expand their business all over the world. Further, a significant increase in market revenue reflects the adoption of advanced strategies by these industry players. Other industries in this domain that are growing at a high CAGR include Olefin Market and Online Food Delivery Market.

COVERAGE HIGHLIGHTS    

• Revenue Estimation and Forecast (2022 – 2031)
• Production Estimation and Forecast (2022 – 2031)
• Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Production by Segments (2022 – 2031)
• Breakdown of Sales Volume by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Data Breakdown

SEGMENTAL ANALYSIS

By Type Outlook ($Revenue and Unit Sales, 2022-2031)

• Online
• Offline
o Hypermarkets
o Supermarkets
o Baby stores
o Specialty stores
o Drugstores and pharmacies

By End-UseOutlook ($Revenue and Unit Sales, 2022-2031)

• Hospitals
• Home sittings
• Early learning center

By Regional Outlook ($Revenue and Unit Sales, 2022-2031)

• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe 
• Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Rest of the World
• Middle East
• Africa
• Latin America

NEXT GENERATION BABY MONITORS COMPANIES:

• Daatrics Ltd. 
• Sproutling Inc. 
• Owlet Baby Care Inc. 
• Rest Devices, Inc. 
• MonDevices. 
• Snuza Inc.

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