About the Home-Use Baby Movement Monitor Market
Baby movement monitors are gaining traction across the world due to the introduction of new smart formats with additional functionalities. New parents adopt baby movement monitors to ensure the safety of their child. Tech-savvy consumers, especially parents who use baby care apps, are also the key end-users of baby movement monitors. These devices transmit details about the baby's activity levels, health, and environmental parameters. Several products in the market offer holistic solutions including audio and video monitoring, in addition to baby movement monitoring.
Technavio’s analysts forecast the Global Home-Use Baby Movement Monitor Market to grow at a CAGR of 10.82% by revenue during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Home-Use Baby Movement Monitor Market for 2016-2020. To arrive at the market size, the study considers the sales of baby movement monitors for home-use and excludes revenue generated from sales to other end-users such as hospitals, day care centers, and nurseries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Home-Use Baby Movement Monitor Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Home-Use Baby Movement Monitor Market: Angelcare, Hisense, Mayborn Group, and Snuza International.
Other Prominent Vendors in the market are: Baby Control Digital, Exmovere, iBabyGuard International, Jablotron, Mattel, MonDevices, Owlet Baby Care, Respisense, SafeToSleep, and TOMY International.
Commenting on the report, an analyst from Technavio’s team said: “A trend to watch for in this market is product bundling. Product bundling is a marketing approach in which vendors offer one or more products or services together, usually at a combined price that is lower than the sum of the individual prices. The key aim of this strategy is to create product differentiation, in addition to enhancing customer value."
Generally, an audio, audio and video, or movement monitor available in the market offers only a particular set of functionalities. However, key vendors in the market are focusing on providing holistic, bundled solutions that combine audio, video, and movement functionalities for consumers.”
According to the report, a key growth driver is the awareness of SIDS in developed markets. SIDS, also known as crib death, is the sudden, unexplained death of a baby under one-year old in its sleep. Although the exact cause of SIDS is still unknown, researchers believe that it is linked to abnormalities in the region of the brain that regulates breathing. SIDS has also been linked to the baby's sleeping position, and sleeping on the stomach can trigger SIDS. So, to prevent SIDS, parents are advised to place the baby only on its back for sleeping during the first year after birth.
Further, the report states that one challenge that could restrict market growth is declining fertility rates around the world. "
Angelcare, Hisense, Mayborn Group, Snuza International, Baby Control Digital, Exmovere, iBabyGuard International, Jablotron, Mattel, MonDevices, Owlet Baby Care, Respisense, SafeToSleep, TOMY International.