The global baby monitors market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. Owing to the increasing additions and advances in the features of baby monitors devices. Various latest technologies and consumer demand for addition of smart technologies to the product has made it possible for baby monitor manufacturers to present products with increased features. These increased features include temperature sensors, cry detection, mobile alerts, two-way audio features, and others. With increased features monitors are also able to track breathing, temperature, and heart rate of the infant which offers better picture of baby’s health. Such product innovations and deployment of new technologies have created new opportunities in the baby monitor market. Industry manufacturers are inclining their efforts towards adding technologically advanced and smart features within the product. For instance, in 2020, Kami, the smart home security brand from YI Technology, launched KamiBaby. KamiBaby with its breakthrough technology offers parents the ability to check on their baby from afar through custom smart alerts. It also offers broad series of smart features including baby cry detection, advanced microphone, speaker capabilities, humidity and temperature measuring, night and wake up light, advanced sleep cycle insights, and sleep quality reports.
Get Free Sample link @ https://www.omrglobal.com/request-sample/baby-monitors-market
COVID-19 affected the sale of many electronic devices adversely due to supply chains disruption and closure of electronic manufacturing units globally. Travel bans across nation and interruption in logistics further resulted in scarcity of products in offline stores. However, the demand for smart baby monitors in hospitals and healthcare facilities was continually increasing. This increased demand was due to the immediate requirement of maintaining personal connection with patients in isolation. Healthcare professionals in hospitals started using baby monitors to provide two-way communications between patients and staff eliminating the necessity to enter the patient's room. Several companies have responded to this unexpected demand for baby monitors by making donations to hospitals and nursing homes. For instance, Philips has donated 3,200 baby monitors in collaboration with the online shopping site bol.com while VTech has committed to shipping up to 200 baby monitors directly to hospitals.
full report of Baby Monitors Market available @ https://www.omrglobal.com/industry-reports/baby-monitors-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Baby Monitors Market Report Segment
By Product Type
- Audio Baby Monitor
- Video Baby Monitor
- Motion Sensor Baby Monitor
By Distribution Channel
- Offline Retail Channels
- Online Retail Channels
Global Baby Monitors Market Report Segment by Region
- United States
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global baby monitors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/baby-monitors-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404