Baby Monitor Market

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Baby monitor is basically a baby alarm, which facilitates parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter and microphone, which enables a two-way communication between the parent and the baby.

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Baby Monitor Market :

Global Opportunity Analysis and Industry Forecast, 2014-2020 Baby Monitor Market

Baby Monitor Market Overview:

Baby Monitor Market Overview Baby Monitor Market   Report , published by Allied Market Research, forecasts that the market is expected to grow at CAGR of 8.5% during forecast period of 2015-2020. In 2014, the North America accounted for the largest share of about 62.3%, owing to higher per-capita spending on baby care products and prevalence of nuclear family culture. However, emerging countries in Asia such as China and India, would witness increasing demand for baby monitors during the forecast period, owing to increasing awareness, the rising number of employed parents and growing disposable income. Asia-Pacific is expected to grow at the fastest pace during the forecast period and account for around 30% of the overall cleaning services market revenue by 2022. The growth is primarily driven by the upsurge in demand from China, Japan, and India. Among the two types, Video baby monitors accounted for a larger share of about 86.4% of the overall market in 2014 and is expected to maintain this trend throughout the forecast period, owing to increasing demand for high-end baby monitoring devices with smart monitoring features. This segment is anticipated to witness faster growth in the developed economies, and would account for 88.7% of the overall market by 2020.

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Baby monitor is basically a baby alarm, which facilitates parents to remotely track the movements and other activities of the baby. A basic audio monitor consists of a transmitter and microphone, which enables a two-way communication between the parent and the baby. Baby video monitor is an advanced version of baby monitor, which allows parents to see and monitor baby’s movements. Further, baby monitors with movement trackers and preinstalled lullabies, are also available in the market, to cater to the varying needs of the parents. Increase in the number of working parents and nuclear families has led to a higher adoption of baby monitors in homes and day care centers. Growing awareness about baby safety, increasing disposable income and increased online retailing are other factors that have fueled the growth of the market. However, declining birth rate due to sedentary lifestyle and safety concerns associated with these products are amongst major challenges for the players operating in the industry. Irrespective of challenges, the industry is anticipated to offer attractive business opportunities in developed as well as developing regions in near future. Read More at: https://www.alliedmarketresearch.com/baby-monitor-market

Market Segmentation:

Market Segmentation

Top Impacting Factors:

Top Impacting Factors

Key Market Players:

Key Market Players

Key Benefits:

Key Benefits This study provides an in-depth analysis of baby monitors market with current and future trends to elucidate the imminent investment pockets in the market. The report provides information regarding key drivers, restraints and opportunities with impact analysis. Porter’s five forces analysis of industry and SWOT analysis of the key market players have been provided to illustrate the business strategies adopted by them. The value chain analysis of the industry highlights the key intermediaries involved and elaborates their roles and value additions at every stage in the value chain. The quantitative analysis of the market during the period of 2014-2020 has been provided to elaborate the market potential.

Key Findings:

Key Findings In 2014, North America was the highest revenue-generating market, owing to higher adoption of niche baby care products Western Europe has emerged to be the second largest market with Germany and U.K. accounting for the prominent share of the overall market by value Video monitors have emerged to be the prominent segment due to increasing demand for high-end baby monitoring devices with smart monitoring features The Asia-Pacific region would witness the fastest growth during 2015-2020, owing to the increasing adoption of high-end baby monitors in developing economies such as China and India Get the sample copy @ https://www.alliedmarketresearch.com/request-sample/865

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