Global Baby Movement Monitor Market 2018-2022
About Baby Movement Monitor
Baby movement monitors sense the movements of a baby such as or breathing and set off alarms in the absence of movements after a certain duration. The adoption of baby movement monitors is increasing worldwide due to the introduction of new formats with additional features.
Technavio’s analysts forecast the global baby movement monitor market to grow at a CAGR of 10.9% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global baby movement monitor market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Baby Movement Monitor Market 2018-2022
Technavio recognizes the following companies as the key players in the global baby movement monitor market: Angelcare, Hisense, Mayborn Group, and Snuza International.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising number of partnerships and collaborations. The value of products is leveraged through partnership brands. To enhance brand visibility, the key players are leveraging popular electronic and baby care product distributors across regions.”
According to the report, one driver in the market is innovations in product features and designs. Several players in the market are innovating their product offerings to distinguish their products from the traditional designs. The product range of baby monitors also consists of audio and video monitors. Technavio’s market study identifies the rising innovations in product features and designs to be one of the primary growth factors for the baby movement monitor market.
Further, the report states that one challenge in the market is decline in fertility rates. The decline in fertility rates hinders the growth of the market. As per the World Bank Group, the global fertility rate decreased from 4.78 in 1970 to 2.45 in 2015.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook