Market Overview:
The global next generation baby monitors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using next generation baby monitors, rising disposable income, and technological advancements in this field. Offline baby monitors are expected to dominate the market during the forecast period owing to their low cost and easy availability as compared to online baby monitors. However, online baby monitors are expected to grow at a higher rate than offline ones due their advantages such as real-time monitoring, two-way communication, and video recording facility. Home settings is currently the largest application segment for next generation baby monitors and it is projected that this segment will continue its dominance during the forecast period as well.
Product Definition:
Next Generation Baby Monitors are high-tech devices that allow parents to keep a close eye on their baby's health and safety. These monitors typically use a camera and microphone to send real-time video and audio to a parent's smartphone or computer. Some models even include sensors that can track the baby's heart rate, breathing, and movement. Next Generation Baby Monitors are important because they provide peace of mind for parents, allowing them to monitor their child from anywhere in the world.
Online:
Online is a real-time interactive computer network that provides information and allows users to share data in real-time. Online communication has been around for decades, but with the advent of next generation baby monitors, it's usage has increased exponentially. These devices allow parents to track their children without them moving far away from home.
Offline:
Offline is a technology used to access data from the baby monitor. It's an analog system that uses cables and connects devices to each other. The offline systems are connected through audio and video cables, which transfer images and sounds respectively from one device to another.
The major advantage of this technology is that it provides real-time communication between parents.
Application Insights:
The global next generation baby monitors market has been segmented on the basis of application into home settings, hospitals and early learning centers. In 2017, the hospital segment dominated the market with a share of over 50% in terms of revenue. This is attributed to an increase in childbirths taking place at hospitals across countries worldwide. The use of these devices at hospitals helps monitor and regulate baby's breathing as well as heartbeat through continuous monitoring throughout labor.
Henceforth, increasing number of childbirths will drive demand for NBGMBM systems in healthcare facilities, thereby driving growth over the forecast period.
Regional Analysis:
North America dominated the global next-generation baby monitors market in 2017. The U.S., in particular, is a lucrative market for these devices as most of the new-age parents are willing to spend money on such advanced products that help them keep track of their babies’ activities and sleep patterns. According to the National Institute of Child Health Development (NICHHD), approximately 4 million infants are diagnosed with some form of disorder annually in the U.S., 90% within the first year after birth.
Growth Factors:
- Increasing demand for safety and security of infants
- Rising awareness about the benefits of using baby monitors
- Technological advancements in baby monitors
- Growing number of working mothers and single parent households
- Increasing disposable income
Scope Of The Report
Report Attributes
Report Details
Report Title
Next Generation Baby Monitors Market Research Report
By Type
Online, Offline
By Application
Home Settings, Hospitals, Early Learning Centre
By Companies
Daatrics Ltd., Rest Devices, Inc., MonDevices., Mattel Inc, Owlet Baby Care Inc., Snuza Inc., Daatrics Ltd.
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Next Generation Baby Monitors Market Report Segments:
The global Next Generation Baby Monitors market is segmented on the basis of:
Types
Online, Offline
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
Home Settings, Hospitals, Early Learning Centre
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:
- Daatrics Ltd.
- Rest Devices, Inc.
- MonDevices.
- Mattel Inc
- Owlet Baby Care Inc.
- Snuza Inc.
- Daatrics Ltd.
Highlights of The Next Generation 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:
- Online
- Offline
- By Application:
- Home Settings
- Hospitals
- Early Learning Centre
- 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 Next Generation 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
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- Consumer Insights
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- 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?
Next Generation Baby Monitors are a type of baby monitor that uses technology to improve the quality of sound and image. They typically have a higher resolution than traditional monitors, which makes them better at detecting subtle changes in your baby's environment. They also have more features than traditional monitors, including night vision and temperature monitoring.
Some of the key players operating in the next generation baby monitors market are Daatrics Ltd., Rest Devices, Inc., MonDevices., Mattel Inc, Owlet Baby Care Inc., Snuza Inc., Daatrics Ltd..
The next generation baby monitors market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Next Generation 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 Next Generation Baby Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Next Generation 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 Next Generation 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 Next Generation Baby Monitors Market Size & Forecast, 2018-2028
4.5.1 Next Generation Baby Monitors Market Size and Y-o-Y Growth
4.5.2 Next Generation Baby Monitors Market Absolute $ Opportunity
Chapter 5 Global Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Type
5.2.1 Online
5.2.2 Offline
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Applications
6.2.1 Home Settings
6.2.2 Hospitals
6.2.3 Early Learning Centre
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Next Generation 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 Next Generation 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 Next Generation Baby Monitors Analysis and Forecast
9.1 Introduction
9.2 North America Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Type
9.6.1 Online
9.6.2 Offline
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 Next Generation Baby Monitors Market Size Forecast by Applications
9.10.1 Home Settings
9.10.2 Hospitals
9.10.3 Early Learning Centre
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 Next Generation Baby Monitors Analysis and Forecast
10.1 Introduction
10.2 Europe Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Type
10.6.1 Online
10.6.2 Offline
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 Next Generation Baby Monitors Market Size Forecast by Applications
10.10.1 Home Settings
10.10.2 Hospitals
10.10.3 Early Learning Centre
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 Next Generation Baby Monitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Type
11.6.1 Online
11.6.2 Offline
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 Next Generation Baby Monitors Market Size Forecast by Applications
11.10.1 Home Settings
11.10.2 Hospitals
11.10.3 Early Learning Centre
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 Next Generation Baby Monitors Analysis and Forecast
12.1 Introduction
12.2 Latin America Next Generation 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 Next Generation Baby Monitors Market Size Forecast by Type
12.6.1 Online
12.6.2 Offline
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 Next Generation Baby Monitors Market Size Forecast by Applications
12.10.1 Home Settings
12.10.2 Hospitals
12.10.3 Early Learning Centre
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) Next Generation Baby Monitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Next Generation 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) Next Generation Baby Monitors Market Size Forecast by Type
13.6.1 Online
13.6.2 Offline
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) Next Generation Baby Monitors Market Size Forecast by Applications
13.10.1 Home Settings
13.10.2 Hospitals
13.10.3 Early Learning Centre
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 Next Generation Baby Monitors Market: Competitive Dashboard
14.2 Global Next Generation Baby Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daatrics Ltd.
14.3.2 Rest Devices, Inc.
14.3.3 MonDevices.
14.3.4 Mattel Inc
14.3.5 Owlet Baby Care Inc.
14.3.6 Snuza Inc.
14.3.7 Daatrics Ltd.
