Baby Monitors Market size was valued US$ 998.6 Mn in 2019 and the total revenue is expected to grow at % through 2020 to 2027, reaching US$ Mn.
Baby Monitors Market See Huge Growth for New Normal In 2027
According to this most recent study, in 2020 the growth of whole Baby Monitors market is projected to reach multimillion dollars by 2027. Compared to 2019, over the next seven years Baby Monitors market will register a magnificent spike in CAGR in terms of revenue. In this study, 2020 was used as the base year and 2020 to 2027 was used as the forecast period to estimate the market size for Baby Monitors market.
The "Baby Monitors Market" Research Report offers in-depth data on market size, cost and revenue, trends, expansion, and capacity, along with a forecast through 2027. The main factors influencing the expansion of this market are also thoroug hly examined. This report is a comprehensive quantitative analysis of the market that offers information for formulating strategies to boost growth and efficiency.
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COVID-19 IMPACT:
The COVID-19 epidemic has severely harmed the whole supply chain of the Baby Monitors market. The halting of manufacturing and end-use sector operations has had an effect on the market. The outbreak has a negative effect on the expansion of the sector as a whole. A number of nations adopted harsh lockdown measures in response to the COVID-19 pandemic's abrupt outbreak in 2020 and the beginning of 2021, which interrupted the import and export operations of the Baby Monitors market.
Market Key players:
• Samsung Electronics Co., Ltd.
• Motorola, Inc
• Dorel Industries Inc.
• iBaby Labs, Inc.
• NETGEAR Inc.
• Summer Infant, Inc.
• VTech Communications, Inc.
• Lorex Technology Inc.
• Angelcare Monitor Inc.
• Safety 1st
The primary market players are covered by the study. Companies operating in the international Baby Monitors market do not possess a large piece of it due to the market's fierce rivalry and fragmentation.
Market Segmentation:
Increasing purchasing power in emerging countries like Brazil, India, Thailand, & China is expected to allow customers to spend more on children's safety. Growth of e-commerce has driven the development of the baby monitors market by offering easy access to the products to customers across the world. Besides, change in the one-child policy in China is anticipated to develop the market size of baby monitor during the forecast period.
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Report Scope:
This report's objective is to provide readers with a comprehensive overview of the global Baby Monitors market using both quantitative and qualitative data. This will enable readers to create business/growth strategies, assess their position in the industry, evaluate the competitive landscape, and make wise business decisions on the Baby Monitors market. With historical and projected data for the years 2017 through 2029 and 2021 as the base year, the market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue (USD Millions). This research comprehensively segments the global Baby Monitors industry. Regional market sizes for products, broken down by kind, use, and players, are also provided. The effects of COVID-19 and the Russia-Ukraine War were considered when estimating market sizes.
Key Companies and Market Share Insights:
The readers will be informed about the key rivals in this area. This study has looked at the crucial growth strategies employed by these participants to maintain their position, including new product invention, product portfolio intensification, mergers and acquisitions, collaborations, and regional development. Along with a business strategy, the report typically includes recent developments and important financial data. Additionally, from 2017 to 2022, readers will have access to data on global sales, pricing, and revenue by the manufacturer.
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The Maximize Market Research team does B2B and B2C research on 12,500 high-growth technologies that present potential for organisations in the healthcare, pharmaceuticals, electronics, communications, internet of things, food and beverage, aerospace, defe
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Dec 01, 2022