2021 Smart Baby Monitor Market Emerging Share with Increasing Number of Working Parents by 2028

The smart baby monitor is a security product used in the care and nursing of babies and young children in families or childcare institutions. Such products utilize monitoring depends on terminal provides real-time monitoring of the movements of the infant words and sends the result of the monitoring by the radio wave analog signals or digital signals to the control terminal equipment guardian hand, and reduction to the video or audio. By using smart baby monitors, parents or guardians no longer need to stay by the side of the baby or child to understand their behavior and can immediately detect and deal with abnormal situations when they occur.

VTECH, MOTOROLA MOBILITY LLC, ANGELCARE, PAMPERS（P&G), SUMMER INFANT-PROMINENT MARKET PARTICIPANTS IN SMART BABY MONITOR MARKET

Smart baby monitors are widely used in the European and American markets and become an important auxiliary tool for home care and baby monitoring in families. In regions such as Europe and North America, where the economy and technology are more advanced, the penetration rate of infant monitoring devices is relatively high. However, due to economic and technological constraints in the Asia-Pacific region, the Middle East and Africa, South America and Central America, the current market penetration rate is relatively low. There is a lot of room for future development. In the next few years, regions such as China, Japan, Yemen, Kuwait, Brazil, and Mexico may drive the rapid growth of the global baby monitoring device industry.

The smart baby monitor market is segmented based on type, sales channel, application, and geography. The smart baby monitor market, based on type, is segmented into video and audio. Based on sales channel, the market is segmented into online and offline. Based on application, the market is segmented into home/family, hospitals, and daycare. The smart baby monitor market, by region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).

Further, with the constant rise in the number of tech-savvy millennials, parents with the rapid change set huge priorities and expectations sharply different from previous generations. The growing adoption of digital health solutions for maternal and infant care is likely to boost the smart baby monitors market during the forecast period. Continuous technological advancements are making the life of working parents more flexible and accessible. The smart baby monitor manufacturers are focusing on designing applications to allow parents to monitor the babies’ activities in real-time using their smartphones. As per the US Census Bureau data estimates, in July 2019, the millennial population of age 23–38 was ~72.1 million in the country. Thus, the increasing millennial population is creating a massive opportunity for the adoption of smart baby monitor worldwide.

Few of the important market initiatives and product developments from the industry are mentioned below: