Global Baby Monitor Market 2015-2019
About Baby Monitor
Baby monitor is a device used for monitoring the baby's activities when the parents are not present in the room. It can transmit audio as well as video. The basic baby monitor utilizes a radio transmitter. The baby's sounds are transferred to a receiver that has an inbuilt speaker, which enables the listener to hear the child’s voice from various locations that are within range.TechNavio’s analysts forecast the Global Baby Monitor market to grow at a CAGR 8.63 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Baby Monitor market for the period 2015-2019. To calculate market size, the report considers the unit shipment of baby monitors worldwide.
TechNavio's report, Global Baby Monitor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, the APAC region, Latin America, and the MEA region; it also covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key Regions
Technavio Announces the Publication of its Research Report – Global Baby Monitor Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Baby Monitor Market: Koninklijke Philips NV, Lorex Canada Inc., Motorola Inc. and Samsung Electronics Co. Ltd.
Other Prominent Vendors in the market are: Anglecare, Dropcam, Genexus, Graco, iBaby Labs, Safety 1st, Shenzhen Foscam Intelligent Technology, Summer Infant, VTech and Withings
Commenting on the report, an analyst from Technavio’s team said: “Increased demand from emerging economies is one key trend gaining momentum in this market. The rise in demand can be attributed to growing per capita and disposable income, growing concerns about health and child care, changing lifestyles, and improved retailing.”
According to the report, growing online retailing is one of the major factors driving the growth of this market. The growing number of online websites offering a wide range of baby monitors has increased the demand for these products, especially among working parents who seek easy accessibility and convenience.
Further, the report states that one key challenge that the market faces is the declining birth rates caused by high unemployment and low fertility rate in several developing countries, which has deterred people from having children.
Koninklijke Philips, Lorex Canada , Motorola , Samsung Electronics , Anglecare, Dropcam, Genexus, Graco, iBaby Labs, Safety Ist, Shenzhen Foscam Intelligent Technology, Summer Infant, VTech, Withings