Market Overview:
The global AI baby monitors market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for AI-enabled baby monitors, owing to their features such as noise monitoring, voice recognition, and video recording. In addition, the growing awareness about safety and security among parents is also propelling the growth of this market. The global AI baby monitors market can be segmented on the basis of type into audio baby monitor and video baby monitor. The audio baby monitor segment is expected to account for a larger share of the global AI baby monitors market than the video Baby Monitor segment duringthe forecast period from 2018to 2030. This can be attributedto its low cost as compared to video Baby Monitorsand its ability tomaintain constant communication with parents even if they are not in close proximityto their child.
Product Definition:
An AI baby monitor is a device that uses artificial intelligence to keep track of a baby's health and well-being. It can detect things like heart rate, breathing, and movement, as well as whether the baby is crying or not. This allows parents to be alerted if something seems wrong with their child even when they're not in the room. The importance of AI baby monitors is that they provide an extra level of safety for newborns by constantly monitoring their health and wellbeing.
Audio Baby Monitor:
Audio baby monitors are electronic devices that allow parents to listen and monitor the sound around them. They can be connected to a mobile device via Bluetooth or Wi-Fi, which allows the user to hear and observe sounds from their device.
Video Baby Monitor:
Video baby monitors are a new-age technology that has made its presence felt in the market. These devices allow parents to observe their children from any location, at any time, in high definition (HD) quality. Video baby monitors have been around for quite some time; however, they were not able to achieve the level of popularity that video baby monitors are experiencing today. This is primarily due to technical limitations and lack of awareness among consumers regarding these devices' capabilities and features.
Application Insights:
The family application segment accounted for the largest share of over 70.0% in 2017. The growing acceptance of advanced baby monitoring devices, such as video baby monitors, is propelling the demand for AI baby monitors among families. Moreover, technological advancements and new product launches are further driving the growth of this segment. For instance, in January 2019 Samsung launched a smart video monitor with features such as face recognition technology and sound activated lights to scare away intruders. Such initiatives by prominent industry players will boost market growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing use of technology and growing demand for advanced products among consumers. The region is expected to maintain its dominance throughout the forecast period owing to high disposable income, technological advancements, and increased adoption of wireless devices among consumers. Asia Pacific is anticipated to witness significant growth over the next eight years due to rising disposable income especially in developing countries such as China and India along with government initiatives promoting digitalization across various industries including healthcare sector.
The European regional market captured a revenue share of around 25% in 2017 owing both consumer preferences as well as government regulations regarding baby monitors safety standards pertaining audio-visual monitoring system used by parents at home or while traveling with their babies within Europe).
Growth Factors:
- Increasing demand for AI-enabled baby monitors from parents for enhanced safety and security of their children.
- Proliferation of smart devices and the internet of things (IoT) that are equipped with AI capabilities, which is expected to drive the demand for AI-enabled baby monitors.
- Growing awareness about the benefits of using AI-enabled baby monitors among parents, which is likely to fuel market growth in the coming years.
- Rising disposable income levels among parents that would enable them to invest in advanced technologies such as AI-enabled baby monitors.
Scope Of The Report
Report Attributes
Report Details
Report Title
AI Baby Monitors Market Research Report
By Type
Audio Baby Monitor, Video Baby Monitor
By Application
Family, Kindergarten, Hospital, Other
By Companies
Nanit, Samsung, Cubo, Safety 1st(Dorel), Motorola, Philips, Sony, Angelcare, Graco, Levana, Angelcare, Summer Infant, WiFi Baby, Lorex, Snuza, Infant Optics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global AI Baby Monitors Market Report Segments:
The global AI Baby Monitors market is segmented on the basis of:
Types
Audio Baby Monitor, Video Baby Monitor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family, Kindergarten, Hospital, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nanit
- Samsung
- Cubo
- Safety 1st(Dorel)
- Motorola
- Philips
- Sony
- Angelcare
- Graco
- Levana
- Angelcare
- Summer Infant
- WiFi Baby
- Lorex
- Snuza
- Infant Optics
Highlights of The AI Baby Monitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Audio Baby Monitor
- Video Baby Monitor
- By Application:
- Family
- Kindergarten
- Hospital
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AI Baby Monitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AI Baby Monitors are devices that help parents keep track of their children by providing real-time updates on their activities and health. These monitors can be connected to a parent's smartphone or computer, allowing them to view live footage of the child and receive notifications if there is any change in the child's condition.
Some of the major companies in the ai baby monitors market are Nanit, Samsung, Cubo, Safety 1st(Dorel), Motorola, Philips, Sony, Angelcare, Graco, Levana, Angelcare, Summer Infant, WiFi Baby, Lorex, Snuza, Infant Optics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AI Baby Monitors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AI Baby Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AI Baby Monitors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AI Baby Monitors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AI Baby Monitors Market Size & Forecast, 2018-2028
4.5.1 AI Baby Monitors Market Size and Y-o-Y Growth
4.5.2 AI Baby Monitors Market Absolute $ Opportunity
Chapter 5 Global AI Baby Monitors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AI Baby Monitors Market Size Forecast by Type
5.2.1 Audio Baby Monitor
5.2.2 Video Baby Monitor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AI Baby Monitors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AI Baby Monitors Market Size Forecast by Applications
6.2.1 Family
6.2.2 Kindergarten
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AI Baby Monitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AI Baby Monitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AI Baby Monitors Analysis and Forecast
9.1 Introduction
9.2 North America AI Baby Monitors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AI Baby Monitors Market Size Forecast by Type
9.6.1 Audio Baby Monitor
9.6.2 Video Baby Monitor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AI Baby Monitors Market Size Forecast by Applications
9.10.1 Family
9.10.2 Kindergarten
9.10.3 Hospital
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AI Baby Monitors Analysis and Forecast
10.1 Introduction
10.2 Europe AI Baby Monitors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AI Baby Monitors Market Size Forecast by Type
10.6.1 Audio Baby Monitor
10.6.2 Video Baby Monitor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AI Baby Monitors Market Size Forecast by Applications
10.10.1 Family
10.10.2 Kindergarten
10.10.3 Hospital
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AI Baby Monitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AI Baby Monitors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AI Baby Monitors Market Size Forecast by Type
11.6.1 Audio Baby Monitor
11.6.2 Video Baby Monitor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AI Baby Monitors Market Size Forecast by Applications
11.10.1 Family
11.10.2 Kindergarten
11.10.3 Hospital
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AI Baby Monitors Analysis and Forecast
12.1 Introduction
12.2 Latin America AI Baby Monitors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AI Baby Monitors Market Size Forecast by Type
12.6.1 Audio Baby Monitor
12.6.2 Video Baby Monitor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AI Baby Monitors Market Size Forecast by Applications
12.10.1 Family
12.10.2 Kindergarten
12.10.3 Hospital
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AI Baby Monitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AI Baby Monitors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AI Baby Monitors Market Size Forecast by Type
13.6.1 Audio Baby Monitor
13.6.2 Video Baby Monitor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AI Baby Monitors Market Size Forecast by Applications
13.10.1 Family
13.10.2 Kindergarten
13.10.3 Hospital
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AI Baby Monitors Market: Competitive Dashboard
14.2 Global AI Baby Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nanit
14.3.2 Samsung
14.3.3 Cubo
14.3.4 Safety 1st(Dorel)
14.3.5 Motorola
14.3.6 Philips
14.3.7 Sony
14.3.8 Angelcare
14.3.9 Graco
14.3.10 Levana
14.3.11 Angelcare
14.3.12 Summer Infant
14.3.13 WiFi Baby
14.3.14 Lorex
14.3.15 Snuza
14.3.16 Infant Optics
