The global Next Generation Baby Monitor Market was valued at USD 600.2 million in 2018 and is expected to reach USD 1,303.1 million in 2026, growing at a CAGR of 9.5% during the forecast period. Growing trend of nuclear families and increasing population of tech-savvy parents are expected to drive the growth of the next generation baby monitor market.
Next generation baby monitors are audio or video tracking devices which records baby’s activities and movements which can be monitored by the parents remotely. These devices are can be operated wired or wirelessly. The baby monitors are connected to the phones via Bluetooth or the internet and it also sends alert messages to the connected smartphone wherever some problems are detected.
Get a Sample Copy of Report: https://www.alltheresearch.com/sample-request/167
According to the World Health Organization (WHO), in 2017, around 27 deaths per 1,000 deaths under the age of five in the United States was recorded. Also, 23 infant deaths per 1,000 deaths and 15 neonatal deaths in every 1000 deaths were recorded across the region. This has increased the adoption of baby monitors among tech-savvy parents to track the baby’s activity remotely. The growing popularity of consumer health is contributing to the growth of this market to some extent. The increasing trend of artificial intelligence, nuclear families and adoption for nanny series is likely to boost the growth of next generation baby monitors market. However, data security, safety concerns, and the declining birth rate are likely to hamper the growth of next generation baby monitors market throughout the forecast period.
Key Findings:
Recent News:
Log in / Register