LONDON--(BUSINESS WIRE)--Global market research company Technavio has published a new report on the global smart connected baby monitors market. In this report, Technavio covers the market outlook and growth prospects of the global smart connected baby monitors market for the forecast period 2017-2021. Technavio has segmented the market based on the product, which includes video smart connected baby monitors and audio smart connected baby monitors and by region covering APAC, EMEA, and the Americas.
Technavio expects this market to grow tremendously at a CAGR of over 28% during the forecast period, owing to innovation in technology and growing smartphone penetration.
“Remote monitoring, temperature monitoring, and noise detection are some of the additional features that smart connected baby monitors manufacturers are introducing in the market to expand their market reach. With features such as remote monitoring, parents can keep a close watch on their babies from all corners of the house and even when they are outdoors,” says Anju Ajay Kumar, a lead analyst at Technavio for research on toys and baby products.
In addition to the market’s growth drivers, Technavio’s global smart connected baby monitors market report also provides in-depth expertise of the overall market landscape, emerging trends, potential opportunities, biggest challenges, new market entry strategies, competitive landscape, and more. These actionable insights will help organizations and industry professionals build sustainable growth strategies and make strategic business decisions.
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Key questions answered in the report include:
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global smart connected baby monitors market?
- What are the key market trends impacting the growth of the global smart connected baby monitors market?
- What are the challenges to market growth?
- Who are the key vendors in the global smart connected baby monitors market?
- What are the market opportunities and threats faced by the vendors in the global smart connected baby monitors market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global smart connected baby monitors market?
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
This report can also be customized for your company’s needs. Technavio’s analysts will work directly with you to assess your specific market needs, providing customized data in the report to fit your requirements. Receive USD 1,000 worth of free customization at the time of purchase.
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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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