Home > Consumer Goods & Services > Baby Care > Child Safety > Smart Baby Monitor Market

Smart Baby Monitor Market Size

Report ID: GMI6395
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Smart Baby Monitor Market Size

Smart Baby Monitor Market was valued at approximately USD 1.31 billion in 2023 and is anticipated to register a CAGR of 9.9% between 2024 and 2032. Increasing concerns for child safety and protection have been a driving force behind the growth of the market. Parents today face numerous challenges and worries regarding the safety and well-being of their children, especially infants and toddlers who are unable to communicate their needs effectively.

To get key market trends

Download Free Sample

Sudden Infant Death Syndrome (SIDS) remains a significant concern for parents, despite advancements in medical knowledge and preventive measures. Smart baby monitors equipped with features such as breathing motion monitoring and sleep tracking provide reassurance to parents by alerting them to irregularities in their baby's breathing patterns or sleep behavior.

Additionally, Features like movement and breathing monitors can give additional sense of mind and possibly alert parents to any difficulties requiring care. Smart baby monitors can provide real-time information on a baby's well-being, including room temperature and air quality.

Smart Baby Monitor Market Report Attributes
Report Attribute	Details
Base Year:	2023
Smart Baby Monitor Market Size in 2023:	USD 1.31 billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	9.9%
2032 Value Projection:	USD 3.06 billion
Historical Data for:	2021 - 2023
No. of Pages:	80
Tables, Charts & Figures:	52
Segments covered:	By Product Type, Technology, Connectivity, Distribution Channel, Regions
Growth Drivers:	Rising demand for remote monitoring Advancement in technology Growing emphasis on child safety
Pitfalls & Challenges:	Privacy and security concerns Cost and affordability

Learn more about the key segments shaping this market

Download Free Sample

Data breaches and the possibility of unwanted access to a baby's video stream are issues associated with the adoption of internet-connected gadgets. To prevail over parents' trust, manufacturers must give data encryption and strong security measures top priority.

Furthermore, hackers may use security holes to view a baby's live stream, possibly with harmful intent. Businesses that create and run these monitors may potentially expose sensitive information due to data breaches or leaks. Moreover, there are worries about who may access and exploit the data that certain smart baby monitors keep on cloud servers. These elements may discourage parents from purchasing smart baby monitors, particularly those that don't provide all the details of their data security procedures.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industry size for smart baby monitor was worth USD 1.31 billion in 2023 and will grow at 9.9% CAGR between 2024 and 2032, fueled by the rising awareness of child safety and the increasing adoption of IoT technology in home devices.

The video monitoring segment captured 74.8% of the smart baby monitor industry share in 2023, propelled by increasing demand of parents for real-time visual access to their childs activities and well-being.

North America industry size registered USD 542.8 million in 2023, owing to the regions high adoption rate of advanced technologies and increasing awareness of child safety.

Arlo Technologies, Inc., Baby Brezza, Dorel Industries, Inc., Haier Group, I Baby Labs, Infant Optics, Masimos, Maxi-Cosi Inc., Net Gear Incorporation, Owlet Baby Care, Panasonic Corporation, Philips, and Samsung Electronics Corporation among others.