Market revenue in 2022 | USD 28.7 million |
Market revenue in 2030 | USD 53.5 million |
Growth rate | 8.1% (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 |
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 |
Audio & video was the largest segment with a revenue share of 78.4% in 2022. Horizon Databook has segmented the Middle East & Africa smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
As a highly-developed region in the Middle East & Africa, GCC offers numerous opportunities for highend baby care product manufacturers owing to high household spending and rising commercial activities. This has driven the demand for smart baby monitors.
Moreover, an increasing number of women in Saudi Arabia are joining the workforce, thereby boosting the demand for smart baby monitors in the country. The shifting consumer preference toward online shopping, along with the increasing penetration of ecommerce platforms, is fueling market growth in the MEA region.
Mumzworld, Souq.com (owned by Amazon, Inc.), AWOK, and Jollychic are the some of the prominent online retailers in this region. Among these retailers, Mumzworld exclusively offers smart baby monitor products.
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