Growth Opportunities and Trends in the Baby Monitoring Devices Market: Key Insights for 2025-2034
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How Will the CAGR of the Baby Monitoring Devices Market Influence Its Overall Growth by 2034?
The baby monitoring devices market size has grown strongly in recent years. It will grow from $4.77 billion in 2024 to $5.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to economic growth and affordability, rise in nuclear families, integration of health monitoring, urbanization and limited living spaces, changing work dynamics.
The baby monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $7.94 billion in 2029 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to security and privacy features, customization and personalization, stress and anxiety reduction for parents, healthcare awareness and early detection, rising disposable income. Major trends in the forecast period include parental concerns for child safety, rise in working parents, urbanization and smaller living spaces, health monitoring and wellness, connectivity and smart home integration.
What Combination of Drivers Is Leading to Accelerated Growth in the baby monitoring devices Market?
The rising number of working women is expected to propel the growth of the baby monitoring devices market going forward. Working women refer to employed women, who work and earn a salary, wages, or another kind of revenue through regular work outside the house. Employed mothers do not have enough time to care for their children while they are at work thus, a baby monitor is used to listen in on or keep an eye on the baby from a distance and sends notifications in the event of an emergency. For instance, according to a statistical report published by the Federal Reserve Economic Data (FRED), a US-based research division of the Federal Reserve Bank, women’s labor force participation in the United States was increased to 57.1% in August 2022. Therefore, the rising number of working women is driving the growth of the baby monitoring device market.
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Who Are the Leading Companies Pioneering Change in the Baby Monitoring Devices Market?
Major companies operating in the baby monitoring devices market are:
• Dorel Industries Inc._x000D_
• Samsung Electronics Co. Ltd._x000D_
• Angelcare Monitors Inc._x000D_
• Motorola Solutions Inc._x000D_
• iBaby Labs Inc._x000D_
What Are the Most Significant Trends Transforming the Baby Monitoring Devices Market Today?
Product innovation is a key trend gaining popularity in the baby monitoring devices market. Major companies operating in the baby monitoring devices market are focused on developing innovative products to strengthen their position. For instance, in August 2023, Masimo Corporation, a US-based medical technology company, launched the Stork smart home baby monitoring system in the US. The baby monitor system features several components, such as Stork Vitals+ and Vitals. The Stork Vitals+ has a mobile app, a boot with a sensor, and a video camera. Parents can hear and converse with their babies thanks to the high-resolution camera’s improved night vision and high-quality two-way audio. With the use of the company’s noninvasive hospital neonate monitoring technology, Stork offers a number of features, including continuous health data tracking, a parent-tested mobile app, safe and encrypted connectivity, and 2K quad-high definition video. With the launch of Stork, parents now have access to a technology that was once created for the most difficult patients in hospitals. The user interface of the device is similar to a straightforward smartphone app.
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Which Market Segments Are Driving Strategic Growth and Trends in the 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
Which Regions Are Leading the Charge in Baby Monitoring Devices Market Development?
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.
How Is the Definition of the Baby Monitoring Devices Market Impacting Future Growth?
Baby monitoring devices are electronic gadgets that combine a one-way/two-way radio or video transmission via the internet with a portable receiver to listen to or see an unsupervised infant. The baby monitor is made up of a transmitter device with a microphone and a camera that is positioned near the child. It sends the noises and images to a receiver unit equipped with a speaker and a display screen that is carried by or near the person caring for the newborn.
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