China Smart Baby Monitor Market Size & Outlook, 2022-2030
China smart baby monitor market, 2018-2030 (US$M)
Related Markets
China smart baby monitor market highlights
- The China smart baby monitor market generated a revenue of USD 156.8 million in 2022 and is expected to reach USD 300.6 million by 2030.
- The China market is expected to grow at a CAGR of 8.5% from 2023 to 2030.
- In terms of segment, audio & video was the largest revenue generating product in 2022.
- Audio & Video is the most lucrative product segment registering the fastest growth during the forecast period.
Smart baby monitor market data book summary
| Market revenue in 2022 | USD 156.8 million |
| Market revenue in 2030 | USD 300.6 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Audio & video |
| Fastest growing segment | Audio & Video |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Audio & Video, Movement Tracker |
| Key market players worldwide | VTech Holdings Ltd, Motorola Solutions Inc, Dorel Industries Inc Shs -B- Subord.Voting, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Netgear Inc, Arlo Technologies Inc, Lorex Technology, Summer Infant, iBaby Labs |
Other key industry trends
- In terms of revenue, China accounted for 11.6% of the global smart baby monitor market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart baby monitor market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 113.9 million by 2030.
Audio & video was the largest segment with a revenue share of 82.97% in 2022. Horizon Databook has segmented the China smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
Companies in the market are launching new products in order to further boost the adoption of smart baby monitor among consumers. For instance, in August 2019, MONIT, a member company of the K-ICT Born2Global Centre, unveiled a product at the CES 2019 that enables users to check the state of a baby's diaper via a smartphone.
The company initially launched the product in the Korean market in July and is preparing to launch it in the U.S., China, and Japan, among others. The company’s smart diaper features a diaper monitor, air quality measurement hub, and exclusive mobile app. Also, it is capable of monitoring the state of a baby's diaper, the humidity and temperature of surroundings, and VOC gas.
As consumers seek unique products, manufacturers focus on high-end innovations and new product launches. For instance, Bonoch, in February 2023, launched a long-range baby monitor that does not require a Wi-Fi connection. The monitor gives full-house coverage and has an upgraded frequency solution of 900Mhz.
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Smart Baby Monitor Market Scope
Smart Baby Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
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China smart baby monitor market size, by product, 2018-2030 (US$M)
China Smart Baby Monitor Market Outlook Share, 2022 & 2030 (US$M)
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