U.S. Smart Baby Monitor Market Size & Outlook, 2022-2030
U.S. smart baby monitor market, 2018-2030 (US$M)
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U.S. smart baby monitor market highlights
- The U.S. smart baby monitor market generated a revenue of USD 510.6 million in 2022 and is expected to reach USD 893.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.2% 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 510.6 million |
| Market revenue in 2030 | USD 893.6 million |
| Growth rate | 7.2% (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, U.S. accounted for 37.9% 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 North America, U.S. smart baby monitor market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 893.6 million by 2030.
Audio & video was the largest segment with a revenue share of 79.24% in 2022. Horizon Databook has segmented the U.S. smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
Growing focus on baby safety has increased the penetration of smart baby monitors in the U.S. market. Parents are increasingly spending on baby monitoring products in order to reduce the risk of injury. Increasing instances of injuries and mishaps are posing a higher risk to children’s health, which is driving parents to adopt such products.
However, declining number of births in the U.S. is expected to affect sales of smart baby monitors in the coming years. According to the Centers for Disease Control and Prevention, the U.S. witnessed an alltime low birth rate in 2018. In 2019, children accounted for 22% of the U.S. population, compared to 36% in the 1960s.
In the U.S., families with an infant and toddler spend 50% more on childcare as compared to those with a preschooler. With rising dual-income households across the country, consumers are heavily investing in child safety products such as smart baby monitors. These devices help parents keep track of their baby, even when they are not physically present at the same location.
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Smart Baby Monitor Market Scope
Smart Baby Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. smart baby monitor market size, by product, 2018-2030 (US$M)
U.S. Smart Baby Monitor Market Outlook Share, 2022 & 2030 (US$M)
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