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What fueled the previous growth in the baby monitoring devices market?

In recent times, the market size of baby monitoring devices has seen robust growth. It is projected to rise from $4.77 billion in 2024 to reach $5.18 billion in the following year, with a compound annual growth rate (CAGR) of 8.5%. Factors like economic growth and affordability, the increase in nuclear families, the integration of health monitoring, urbanisation, restricted living spaces, and shifting work dynamics have contributed to the growth during the historical period.

What will be the baby monitoring devices market size in the future?

The market size for baby monitoring devices is anticipated to witness robust expansion in the following years, reaching $7.94 billion in 2029 with a compound annual growth rate (CAGR) of 11.3%. The surge projected in the forecast period can be linked to factors like heightened security and privacy features, customization and personalization possibilities, decreased stress and anxiety for parents, early detection through health awareness, and growth in disposable income. The future trends to watch out for include increased worry for child safety among parents, the rising number of working parents, urban development leading to smaller living spaces, health monitoring and wellness trends, along with enhanced connectivity and integration with smart home devices.

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What main drivers are fueling expansion in the baby monitoring devices market?

The increase in the number of working women is anticipated to boost the baby monitoring devices market’s growth. Working women are those who have jobs outside their homes and earn a steady income through regular employment. Given their work commitments, these working mothers often struggle to find enough time to take care of their children, making baby monitors a practical solution. These devices allow mothers to keep track of their babies remotely and alert them in case of an emergency. For example, the Federal Reserve Economic Data (FRED), a research division of the Federal Reserve Bank in the US, reported that women’s participation in the workforce rose to 57.1% in August 2022. As a result, the growing number of employed women is contributing to the expansion of the baby monitoring device market.

What key areas define the segmentation of the global baby monitoring devices market?

The baby monitoring devices market covered in this report is segmented –

1) By Type: Internet Baby Monitor, Video Baby Monitor, Audio Baby Monitor

2) By Mode Of Connection: Wired, Wireless

3) By Application: Hospitals, Family, Other Applications

Subsegments:

1) By Internet Baby Monitor: Wi-Fi Baby Monitors, Smart Baby Monitors With App Connectivity

2) By Video Baby Monitor: Traditional Video Monitors, Pan-And-Tilt Video Monitors, Night Vision Video Monitors

3) By Audio Baby Monitor: Standard Audio Monitors, DECT Audio Monitors, Two-Way Communication Audio Monitors

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Who are the dominant players expanding their reach in the baby monitoring devices market?

Major companies operating in the baby monitoring devices market are Dorel Industries Inc., Samsung Electronics Co. Ltd., Angelcare Monitors Inc., Motorola Solutions Inc., iBaby Labs Inc., VTech Holdings Limited, Lorex Technology Inc., Summer Infant Inc., Nanit Inc., Owlet Baby Care Inc., Respisense, Safetosleep, Evoz Pharmaceutical Private Limited, Anker Innovations Technology Co. Ltd., Miku Inc., Infant Optics, MOBI Technologies Inc., Panasonic Corporation, Levana Infotech Pvt. Ltd., Baby Delight Inc., Invidyo LLC, FLIR Systems Inc., The Procter & Gamble Company, Snuza Inc., Foscam LLC, Hanwha Techwin Co. Ltd., The Holding Angelcare Inc., Hisense Electrical Co. Ltd., Mayborn Group Limited, Arlo Technologies Inc.

How are evolving market trends shaping baby monitoring devices Strategies?

Product innovation is emerging as a prominent trend in the field of baby monitoring devices. Several key players in the market are driving their focus towards creating novel products as a strategy to consolidate their market presence. For example, Masimo Corporation, a medical technology company from the United States, introduced the Stork smart home baby monitoring system in the country in August 2023. The system includes elements like Stork Vitals+ and Vitals and has a mobile app, a boot with a sensor, and a video camera. The high-resolution camera with enhanced night vision and superior two-way audio gives parents the ability to interact and hear their baby. Leveraging the company’s non-invasive neonate monitoring technology used in hospitals, Stork extends several features such as continuous health data tracking, a parent-tested mobile app, secure and encrypted connectivity, as well as 2K quad-high definition video. The inception of Stork allows parents access to technology, typically devised for critical patients in hospitals. The device’s user interface resembles a simple-to-use smartphone app.

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Which regions are emerging as leaders in the baby monitoring devices market?

Asia-Pacific was the largest region in the baby monitoring devices market in 2024. The regions covered in the baby monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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