North America Smart Baby Monitor Market Size & Outlook
North America smart baby monitor market, 2018-2030 (US$M)
Related Markets
North America smart baby monitor market highlights
- The North America smart baby monitor market generated a revenue of USD 624.4 million in 2022.
- The market is expected to grow at a CAGR of 7.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 624.4 million |
| Market revenue in 2030 | USD 1,098.1 million |
| Growth rate | 7.3% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 46.4% of the global smart baby monitor market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 899.8 million by 2030.
Audio & video was the largest segment with a revenue share of 79.07% in 2022. Horizon Databook has segmented the North America smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
Growing population of working women in the region, coupled with increasing hectic lifestyles/schedules, is driving the need for smart baby monitors to avoid injuries or mishaps. These monitors help ease anxiety and stress among parents by allowing them to keep a real-time check on their babies' activities while running their own errands.
These factors are expected to drive the demand for smart baby monitors over the forecast period. The advantages of such devices include easy check on baby’s activities, monitoring a child’s sleep patterns, recording precious moments, and two-way communication with the baby.
Movement trackers can be directly connected to a child’s body and these help parents track baby’s body temperature, heart rate, oxygen levels, sleep patterns, health issues, and other parameters. Many consumers prefer to buy smart baby monitors from brick-and-mortar stores due to the availability of different brands under one roof.
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Smart Baby Monitor Market Scope
Smart Baby Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America smart baby monitor market size, by country, 2018-2030 (US$M)
North America Smart Baby Monitor Market Outlook Share, 2022 & 2030 (US$M)
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