Global Smart Baby Monitor Market Size & Outlook, 2022-2030
Global smart baby monitor market, 2018-2030 (US$M)
Related Markets
Global smart baby monitor market highlights
- The global smart baby monitor market generated a revenue of USD 1,347.1 million in 2022 and is expected to reach USD 2,476.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.9% by 2030.
- In terms of segment, audio & video accounted for a revenue of USD 1,071.6 million in 2022.
- Audio & Video is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 1,347.1 million |
| Market revenue in 2030 | USD 2,476.0 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Audio & video |
| Fastest growing segment | Audio & Video |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Audio & Video, Movement Tracker |
Other key industry trends
- In terms of revenue, the North America accounted for 46.4% of the global smart baby monitor market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 27.3 million by 2030.
Audio & video was the largest segment with a revenue share of 79.55% in 2022. Horizon Databook has segmented the Global smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
Growing need for infant care has increased the penetration of baby safety products such as smart baby monitors. These monitors are considered as a safety measure as they reduce the chances of child injuries when sleeping alone.
Increasing instances of raising a child in a nuclear family have developed greater needs for smart baby equipment for parents such as baby monitors in order to protect their child while they are away from home. According to the United Nations, the average household size across the globe ranged from fewer than three persons to more than six per household in 2017.
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Smart Baby Monitor Market Scope
Smart Baby Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global smart baby monitor market size, by region, 2018-2030 (US$M)
Top 10 countries by Smart Baby Monitor Market revenue, 2022 (US$M)
Global smart baby monitor market share, by product, 2022 & 2030 (%, US$M)
Smart baby monitor market: Opportunity assessment by country
Global smart baby monitor market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 32.2 | 34.6 | 38.1 | 40.4 | 43.0 | 45.8 | 48.9 | 52.2 | 55.7 | 59.5 | 63.7 | 68.2 | 73.0 | 6.8% |
| Europe | 133.4 | 144.9 | 161.7 | 173.6 | 187.0 | 201.7 | 217.9 | 235.6 | 254.8 | 275.7 | 298.6 | 323.8 | 351.6 | 8.1% |
| North America | 460.5 | 496.0 | 548.9 | 584.6 | 624.4 | 667.8 | 715.7 | 767.3 | 822.9 | 883.2 | 948.6 | 1,019.9 | 1,098.1 | 7.3% |
| MEA | 20.5 | 22.3 | 24.8 | 26.6 | 28.7 | 30.9 | 33.4 | 36.0 | 38.9 | 42.1 | 45.5 | 49.3 | 53.5 | 8.0% |
| Asia Pacific | 325.9 | 355.4 | 398.1 | 429.2 | 464.1 | 502.5 | 545.2 | 591.6 | 642.3 | 697.8 | 758.6 | 825.6 | 899.8 | 8.5% |
| Overall | 972.6 | 1,053.2 | 1,171.6 | 1,254.5 | 1,347.1 | 1,448.7 | 1,561.0 | 1,682.7 | 1,814.7 | 1,958.2 | 2,115.0 | 2,286.8 | 2,476.0 | 7.9% |
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