Baby Monitors Industry Size To Reach USD 1.63 Billion By 2025
Posted by Marketoverview on March 14th, 2018
The global Baby Monitors Market size to reach USD 1.63 billion by 2025, driven by the increasing number of working parents in countries such as U.S., Germany, France, and China. These monitors help working parents to keep a track on their baby when they are away from home or at the workplace
The U.S. was the largest market in North America accounting for 47.9% of the revenue share in 2016. The rise in the adoption of baby products and advanced technology has been one of the main reasons for market growth.
Online retail platforms have been one of the driving forces for the increased sales of baby monitors globally. Rising awareness regarding infant protection, growing disposable income, and an increase in nuclear families are other crucial factors that have boosted growth. Keeping these driving forces in mind, companies have been aiming at capturing the global baby monitor market and ramping up their product portfolio.
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Growing prevalence of internet has resulted in an increasing number of parents purchasing goods online. Furthermore, increasing trend of parents to have their infants in close range and communicate even when they are at home or workplace is expected to bolster the growth of the market.Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members
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