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Global Next Generation Baby Monitors Market to Grow from $599 Million in 2017 to $1.23 Billion by 2025 - ResearchAndMarkets.com

May 3, 2019

DUBLIN--(BUSINESS WIRE)--May 3, 2019--The “Next Generation Baby Monitors Market” report has been added to ResearchAndMarkets.com’s offering.

The Global Next Generation Baby Monitors market size is expected to increase from USD 599.12 Million in 2017 to USD 1,237.84 Million in 2025 with a CAGR of 9.55% over the forecast period (2018-2025). It is also expected to grow with a Y-O-Y growth rate of 9.9% in the year 2025 when compared to the previous year.

Rising population of tech-savvy millennial parents along with an increase in preterm births and fetal deaths coupled with growing popularity of consumer health, is propelling the growth in global market for next generation baby monitors. The maternal and infant care digital health solutions market is attracting visionary investors backed by the rising trend of integrating artificial intelligence (AI) into health IT and other connected health systems which in turn is driving the next generation baby monitors market during the forecast period.

According to 2017 ILOSTAT database, 48.69 million women were present in the workforce across the globe which is anticipated to impel growth in the next generation baby monitors market across the globe in the forecast period.

The global Audio Baby Monitors segment is expected to grow at a CAGR of 8.04% over the forecast period i.e. 2018-2025. Global Audio Baby Monitors segment is expected to reach USD 273.56 Million by the end of 2025 from USD 147.98 Million in 2017.

The cost related advantage of audio next generation baby monitors will lead to a steady demand from cost-sensitive buyers across the developing regions over the forecast period. The comparative decline in demand due to audio baby monitor’s limited set of features offering is attributed to showcase a relative slower growth rate.

Philips and Angelcare are amidst the most prominent audio monitors brand with products such as Philips Avent DECT Baby Monitor and Angelcare Movement and Sound Monitor range.

The North American Next Generation Baby Monitors market size is expected to increase from USD 240.85 Million in 2017 to USD 505.04 Million in 2025 with a CAGR of 9.75% over the forecast period (2018-2025). It is also expected to grow with a Y-O-Y growth rate of 10.10% in the year 2025 when compared to the previous year.

WHO reported that in 2017 there were 27 deaths under the age of five in per 1000 deaths in United States along with 23 infant deaths per 1000 deaths and 15 neonatal deaths in every 1000 deaths across the region, which is expected to impact the next generation baby monitors market on the back of increased expenses by new parents for baby care as well as infant safety.

Additionally, rising awareness regarding technologically advanced devices for greater parental ease as well as rising prevalence of savvy parent population is expected to serve as a key factor in the North American next generation baby monitors market during the forecast period.

Moreover, growing number of parent population demanding for child surveillance from workplaces across the region with rising number of working parents will drive the next generation baby monitors market sturdily.

Key Topics Covered

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

1.3. Product Overview

2. Assumptions and Acronyms

3. Research Methodology

3.1. Variables (Dependent and Independent)

3.2. Multi Factor Based Sensitivity Model

4. Executive Summary-Global Next Generation Baby Monitors Market

5. Market taxonomy

5.1. Market taxonomy

6. Policy and Regulatory Landscape

7. Industry Analysis

7.1. Porter’s Five Forces Model

8. Market Dynamics

8.1. Drivers

8.2. Restraints

8.3. Trends

8.4. Opportunities

9. Next Generation Baby Monitors-Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Next Generation Baby Monitors Market Outlook

10.1. Market Size and Forecast, 2017-2025F

10.1.1. By Value (USD Million)

10.1.1.1. Y-o-Y Growth (%), 2018-2025F

10.2. Market Share and Forecast, 2017-2025F

10.2.1. By Product Type

10.2.1.1. Next Generation Baby Monitors Market Share (%), By Product Type (2017, 2025F)

10.2.1.1.1. By Output

10.2.1.1.1.1. Audio Baby Monitor, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.1.2. Video & Audio Baby Monitor, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.1.3. Market Attractiveness Analysis, By Output

10.2.1.1.1.4. Market Contribution and BPS Analysis, 2017 & 2025F, By Output

10.2.1.1.2. By Camera

10.2.1.1.2.1. Fixed Monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.2.2. Pan, Tilt & Zoom Monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.2.3. Market Attractiveness Analysis, By Camera

10.2.1.1.2.4. Market Contribution and BPS Analysis, 2017 & 2025F, By Camera

10.2.1.1.3. By Monitoring Parameters

10.2.1.1.3.1. Motion Detection Monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.3.2. Heart and breath monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.3.3. Sleep Monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.3.4. Temperature Detection Monitors, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.3.5. Others, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.1.1.3.6. Market Attractiveness Analysis, By Monitoring Parameters

10.2.1.1.3.7. Market Contribution and BPS Analysis, 2017 & 2025F, By Monitoring Parameters

10.2.2. By Distribution Channel

10.2.2.1. Next Generation Baby Monitors Market Share (%), By Distribution Channel (2017, 2025F)

10.2.2.1.1. Online, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.2.1.2. Offline, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.2.1.2.1. Hypermarkets & Supermarkets, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.2.1.2.2. Chain Specialty Store, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.2.1.2.3. Others, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.2.2. Market Attractiveness Analysis, By Distribution Channel

10.2.2.3. Market Contribution and BPS Analysis, 2017 & 2025F, By Distribution Channel

10.2.3. By End-User

10.2.3.1. Next Generation Baby Monitors Market Share (%), By End-User (2017, 2025F)

10.2.3.1.1. Home Settings, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.3.1.2. Hospitals, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.3.1.3. Early Learning Centers, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.3.1.4. Others, 2017-2025F (USD Million) & Y-o-Y Growth (%), 2018-2025F

10.2.3.2. Market Attractiveness Analysis, By End-User

10.2.3.3. Market Contribution and BPS Analysis, 2017 & 2025F, By End-User

10.2.4. Next Generation Baby Monitors Market Share (%), By Region (2017,2025F)

10.2.4.1. North America

10.2.4.2. Europe

10.2.4.3. Asia Pacific

10.2.4.4. Latin America

10.2.4.5. Middle East and Africa

11. North America Next Generation Baby Monitors Market Outlook

12. Europe Next Generation Baby Monitors Market Outlook

13. Asia Pacific Next Generation Baby Monitors Market Outlook

14. Latin America Next Generation Baby Monitors Market Outlook

15. Middle East and Africa Next Generation Baby Monitors Market Outlook

16. Competitive Landscape

16.1. Company Profiles

16.1.1. Belkin

16.1.1.1. Company Overview

16.1.1.2. Business Strategy

16.1.1.3. Key Product Offerings

16.1.1.4. Financial Performance

16.1.1.5. Recent Development

16.1.1.6. Regional Presence

16.1.1.7. SWOT Analysis

16.1.2. Motorola

16.1.3. Philips AVENT

16.1.4. VTech

16.1.5. Nest Labs

17. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/q1sc5o

View source version on businesswire.com:https://www.businesswire.com/news/home/20190503005199/en/

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Related Topics:Baby and Child Products

KEYWORD:

INDUSTRY KEYWORD: HEALTH HOME GOODS RETAIL GENERAL HEALTH

SOURCE: Research and Markets

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PUB: 05/03/2019 07:10 AM/DISC: 05/03/2019 07:10 AM

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