5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 22 Drivers, Restraints, Opportunities, and Challenges: Market
5.2.1 Drivers
5.2.1.1 Rise in Double-Income Households' Need for Monitoring and Tracking Toy Devices
5.2.1.2 Inclination of Children Toward More Interactive and Self-Engaging Toys
5.2.2 Restraints
5.2.2.1 Connected Toys Raising Issue for Privacy Concerns
5.2.3 Opportunities
5.2.3.1 Increasing Awareness of the Internet and Technology
5.2.3.2 Increasing R&D Spending on Robots and Toys
5.2.4 Challenges
5.2.4.1 Negative Effects on Children's Cognitive Development
5.2.4.2 Heightened Risks with Constant Connectivity
5.3 Market: Supply Chain Analysis
Figure 23 Market: Supply Chain
5.4 Ecosystem
Figure 24 Market: Ecosystem
Table 3 Connected Toys Market: Ecosystem
5.5 Pricing Model of Market Players
Table 4 Pricing Models and Indicative Price Points, 2021-2022
5.6 Technology Analysis
5.6.1 Introduction
5.6.2 Artificial Intelligence and Machine Learning
5.6.3 Augmented/Virtual Reality
5.7 Case Study Analysis
5.7.1 Case Study 1: Sphero Robots Created Enhanced Experience in Learning Computer Science
5.7.2 Case Study 2: Ntuc Lhub Trained Their Learners with Ubtech's K12 Model
5.7.3 Case Study 3: Induced Problem-Solving Abilities in Children with Sphero's Littlebits
5.8 Patent Analysis
5.8.1 Methodology
5.8.2 Document Types of Patents
Table 5 Patents Filed, 2019-2022
5.8.3 Innovation and Patent Applications
Figure 25 Total Number of Patents Granted in 2019-2022
5.8.3.1 Top Applicants
Figure 26 Top Ten Companies with Highest Number of Patent Applications, 2019-2022
Table 6 US: Top Ten Patent Owners in Market, 2019-2022
Table 7 List of Patents in Market, 2020-2022
5.9 Revenue Shift in Market
Figure 27 Revenue Impact on Market
5.10 Porter's Five Forces Analysis
Table 8 Connected Toys Market: Porter's Five Forces Model
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Buyers
5.10.4 Bargaining Power of Suppliers
5.10.5 Intensity of Competitive Rivalry
5.11 Regulatory Landscape
5.11.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.11.1.1 North America
5.11.1.1.1 US
5.11.1.1.2 Canada
5.11.1.2 Europe
5.11.1.3 Asia-Pacific
5.11.1.3.1 China
5.11.1.3.2 India
5.11.1.3.3 Australia
5.11.1.3.4 Japan
5.11.1.4 Middle East & Africa
5.11.1.4.1 Middle East
5.11.1.4.2 South Africa
5.11.1.5 Latin America
5.11.1.5.1 Brazil
5.11.1.5.2 Mexico
5.12 Key Stakeholders & Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 28 Influence of Stakeholders on Buying Process
Table 14 Influence of Stakeholders on Buying Process
5.12.2 Buying Criteria
Figure 29 Key Buying Criteria
Table 15 Key Buying Criteria of Top Three Verticals
5.13 Key Conferences & Events in 2023
Table 16 Market: Detailed List of Conferences & Events
6 Connected Toys Market, by Application
6.1 Introduction
6.1.1 Application: Market Drivers
Figure 30 Entertainment Segment to Grow at Highest CAGR During Forecast Period
Table 17 Market, by Application, 2018-2022 (USD Million)
Table 18 Market, by Application, 2023-2028 (USD Million)
6.2 Education
6.2.1 Generating Interest to Make Learning Fun and Interactive
Table 19 Education: Market, by Region, 2018-2022 (USD Million)
Table 20 Education: Market, by Region, 2023-2028 (USD Million)
6.3 Entertainment
6.3.1 Connected Toys to Help Discover Interest with Reduced Screen Time
Table 21 Entertainment: Market, by Region, 2018-2022 (USD Million)
Table 22 Entertainment: Market, by Region, 2023-2028 (USD Million)
6.4 Other Applications
Table 23 Other Applications: Market, by Region, 2018-2022 (USD Million)
Table 24 Other Applications: Market, by Region, 2023-2028 (USD Million)
7 Connected Toys Market, by Age Group
7.1 Introduction
7.1.1 Age Group: Market Drivers
Figure 31 9-12 Years Segment to Grow at Highest CAGR During Forecast Period
Table 25 Market, by Age Group, 2018-2022 (USD Million)
Table 26 Market, by Component, 2023-2028 (USD Million)
7.2 1-5 Years
7.2.1 Need to Enhance the Curiosity of Kids to Learn, Explore, and Discover New Toys
Table 27 1-5: Market, by Region, 2018-2022 (USD Million)
Table 28 1-5: Market, by Region, 2023-2028 (USD Million)
7.3 6-8 Years
7.3.1 Need to Enhance Creativity and Coding Skills Among 6-8-Year-Olds
Table 29 6-8: Connected Toys Market, by Region, 2018-2022 (USD Million)
Table 30 6-8: Market, by Region, 2023-2028 (USD Million)
7.4 9-12 Years
7.4.1 Need to Encourage and Hone Creative Thinking Among 9-12-Year-Olds
Table 31 9-12: Market, by Region, 2018-2022 (USD Million)
Table 32 9-12: Market, by Region, 2023-2028 (USD Million)
7.5 Teenagers
7.5.1 Need to Encourage Teamwork and Develop Problem-Solving Skills Among Teenagers
Table 33 Teenagers: Market, by Region, 2018-2022 (USD Million)
Table 34 Teenagers: Market, by Region, 2023-2028 (USD Million)
10 Connected Toys Market, by Technology
10.1 Introduction
10.1.1 Technology: Market Drivers
Figure 34 Other Technologies Segment to Grow at Highest CAGR During Forecast Period
Table 47 Market, by Technology, 2018-2022 (USD Million)
Table 48 Market, by Technology, 2023-2028 (USD Million)
10.2 Wi-Fi
10.2.1 Need to Facilitate Communication Among Parents, Children, and Teachers
Table 49 Wi-Fi: Market, by Region, 2018-2022 (USD Million)
Table 50 Wi-Fi: Market, by Region, 2023-2028 (USD Million)
10.3 Bluetooth
10.3.1 Bluetooth-Enabled Toys to Monitor and Control Children's Activities
Table 51 Bluetooth: Market, by Region, 2018-2022 (USD Million)
Table 52 Bluetooth: Market, by Region, 2023-2028 (USD Million)
10.4 Other Technologies
Table 53 Other Technologies: Market, by Region, 2018-2022 (USD Million)
Table 54 Other Technologies: Market, by Region, 2023-2028 (USD Million)
11 Connected Toys Market, by Region
11.1 Introduction
Figure 35 Market: Regional Snapshot (2023)
Figure 36 Market, by Region, 2023 Vs. 2028 (USD Million)
Table 55 Market, by Region, 2018-2022 (USD Million)
Table 56 Market, by Region, 2023-2028 (USD Million)
11.2 North America
Figure 37 North America: Market Snapshot
Table 57 North America: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 58 North America: Market, by Application, 2023-2028 (USD Million)
Table 59 North America: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 60 North America: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 61 North America: Market, by Age Group, 2018-2022 (USD Million)
Table 62 North America: Market, by Age Group, 2023-2028 (USD Million)
Table 63 North America: Market, by Technology, 2018-2022 (USD Million)
Table 64 North America: Market, by Technology, 2023-2028 (USD Million)
Table 65 North America: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 66 North America: Market, by Distribution Channel, 2023-2028 (USD Million)
Table 67 North America: Market, by Country, 2018-2022 (USD Million)
Table 68 North America: Market, by Country, 2023-2028 (USD Million)
11.2.1 US
11.2.1.1 Significant Growth of Smart Homes in the Us to Drive Market
11.2.2 Canada
11.2.2.1 Improving Kids’ Learning Activities at Home to Drive Demand for Connected Toys
Table 69 Canada: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 70 Canada: Market, by Application, 2023-2028 (USD Million)
Table 71 Canada: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 72 Canada: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 73 Canada: Market, by Age Group, 2018-2022 (USD Million)
Table 74 Canada: Market, by Age Group, 2023-2028 (USD Million)
Table 75 Canada: Market, by Technology, 2018-2022 (USD Million)
Table 76 Canada: Market, by Technology, 2023-2028 (USD Million)
Table 77 Canada: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 78 Canada: Market, by Distribution Channel, 2023-2028 (USD Million)
11.3 Europe
Table 79 Europe: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 80 Europe: Market, by Application, 2023-2028 (USD Million)
Table 81 Europe: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 82 Europe: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 83 Europe: Market, by Age Group, 2018-2022 (USD Million)
Table 84 Europe: Market, by Age Group, 2023-2028 (USD Million)
Table 85 Europe: Market, by Technology, 2018-2022 (USD Million)
Table 86 Europe: Market, by Technology, 2023-2028 (USD Million)
Table 87 Europe: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 88 Europe: Market, by Distribution Channel, 2023-2028 (USD Million)
Table 89 Europe: Market, by Country, 2018-2022 (USD Million)
Table 90 Europe: Market, by Country, 2023-2028 (USD Million)
11.3.1 UK
11.3.1.1 Launch of Significant Frameworks for Development of Connected Toys and Adoption of Emerging Technologies in the UK to Propel Market
Table 91 UK: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 92 UK: Market, by Application, 2023-2028 (USD Million)
Table 93 UK: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 94 UK: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 95 UK: Market, by Age Group, 2018-2022 (USD Million)
Table 96 UK: Market, by Age Group, 2023-2028 (USD Million)
Table 97 UK: Market, by Technology, 2018-2022 (USD Million)
Table 98 UK: Market, by Technology, 2023-2028 (USD Million)
Table 99 UK: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 100 UK: Market, by Distribution Channel, 2023-2028 (USD Million)
11.3.2 Germany
11.3.2.1 Need to Accelerate Smart Learning at Home to Drive Demand for Connected Toys
11.3.3 France
11.3.3.1 Rising Need to Develop Secure Learning Products for Kids at Home to Drive Market
11.3.4 Rest of Europe
11.4 Asia-Pacific
Table 101 Asia-Pacific: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 102 Asia-Pacific: Market, by Application, 2023-2028 (USD Million)
Table 103 Asia-Pacific: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 104 Asia-Pacific: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 105 Asia-Pacific: Market, by Age Group, 2018-2022 (USD Million)
Table 106 Asia-Pacific: Market, by Age Group, 2023-2028 (USD Million)
Table 107 Asia-Pacific: Market, by Technology, 2018-2022 (USD Million)
Table 108 Asia-Pacific: Market, by Technology, 2023-2028 (USD Million)
Table 109 Asia-Pacific: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 110 Asia-Pacific: Market, by Distribution Channel, 2023-2028 (USD Million)
Table 111 Asia-Pacific: Market, by Country, 2018-2022 (USD Million)
Table 112 Asia-Pacific: Market, by Country, 2023-2028 (USD Million)
11.4.1 China
11.4.1.1 Rising Adoption of Internet-Connected Toys in China to Drive Market
11.4.2 India
11.4.2.1 Increasing Investments to Accelerate Technological Deployment in India to Drive Demand for Connected Toys
Table 113 India: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 114 India: Market, by Application, 2023-2028 (USD Million)
Table 115 India: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 116 India: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 117 India: Market, by Age Group, 2018-2022 (USD Million)
Table 118 India: Market, by Age Group, 2023-2028 (USD Million)
Table 119 India: Market, by Technology, 2018-2022 (USD Million)
Table 120 India: Market, by Technology, 2023-2028 (USD Million)
Table 121 India: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 122 India: Market, by Distribution Channel, 2023-2028 (USD Million)
11.4.3 Japan
11.4.3.1 Compulsory Coding in Primary Schools to Drive Market
11.4.4 Rest of Asia-Pacific
11.5 Middle East & Africa
Table 123 Middle East & Africa: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 124 Middle East & Africa: Market, by Application, 2023-2028 (USD Million)
Table 125 Middle East & Africa: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 126 Middle East & Africa: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 127 Middle East & Africa: Market, by Age Group, 2018-2022 (USD Million)
Table 128 Middle East & Africa: Market, by Age Group, 2023-2028 (USD Million)
Table 129 Middle East & Africa: Market, by Technology, 2018-2022 (USD Million)
Table 130 Middle East & Africa: Market, by Technology, 2023-2028 (USD Million)
Table 131 Middle East & Africa: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 132 Middle East & Africa: Market, by Distribution Channel, 2023-2028 (USD Million)
Table 133 Middle East & Africa: Market, by Country, 2018-2022 (USD Million)
Table 134 Middle East & Africa: Market, by Country, 2023-2028 (USD Million)
11.5.1 Middle East
11.5.1.1 Increasing Investment in Technology to Achieve Digital Vision 2030 to Drive Demand for Connected Toys
Table 135 Middle East: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 136 Middle East: Market, by Application, 2023-2028 (USD Million)
Table 137 Middle East: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 138 Middle East: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 139 Middle East: Market, by Age Group, 2018-2022 (USD Million)
Table 140 Middle East: Market, by Age Group, 2023-2028 (USD Million)
Table 141 Middle East: Market, by Technology, 2018-2022 (USD Million)
Table 142 Middle East: Market, by Technology, 2023-2028 (USD Million)
Table 143 Middle East: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 144 Middle East: Market, by Distribution Channel, 2023-2028 (USD Million)
11.5.2 Africa
11.5.2.1 Increasing Demand for Digitalized Products in Education Industry to Drive Market
11.5.3 Rest of Middle East & Africa
11.6 Latin America
Table 145 Latin America: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 146 Latin America: Market, by Application, 2023-2028 (USD Million)
Table 147 Latin America: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 148 Latin America: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 149 Latin America: Market, by Age Group, 2018-2022 (USD Million)
Table 150 Latin America: Market, by Age Group, 2023-2028 (USD Million)
Table 151 Latin America: Market, by Technology, 2018-2022 (USD Million)
Table 152 Latin America: Market, by Technology, 2023-2028 (USD Million)
Table 153 Latin America: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 154 Latin America: Market, by Distribution Channel, 2023-2028 (USD Million)
Table 155 Latin America: Market, by Country, 2018-2022 (USD Million)
Table 156 Latin America: Market, by Country, 2023-2028 (USD Million)
11.6.1 Brazil
11.6.1.1 Rising Need to Strengthen Education System in Brazil to Drive Market
Table 157 Brazil: Connected Toys Market, by Application, 2018-2022 (USD Million)
Table 158 Brazil: Market, by Application, 2023-2028 (USD Million)
Table 159 Brazil: Market, by Interfacing Device, 2018-2022 (USD Million)
Table 160 Brazil: Market, by Interfacing Device, 2023-2028 (USD Million)
Table 161 Brazil: Market, by Age Group, 2018-2022 (USD Million)
Table 162 Brazil: Market, by Age Group, 2023-2028 (USD Million)
Table 163 Brazil: Market, by Technology, 2018-2022 (USD Million)
Table 164 Brazil: Market, by Technology, 2023-2028 (USD Million)
Table 165 Brazil: Market, by Distribution Channel, 2018-2022 (USD Million)
Table 166 Brazil: Market, by Distribution Channel, 2023-2028 (USD Million)
11.6.2 Mexico
11.6.2.1 Increasing Number of Internet Users in Mexico to Drive Demand for Connected Toys
11.6.3 Rest of Latin America
14 Adjacent/Related Markets
14.1 Smart Learning Market
14.1.1 Market Overview
14.1.2 Smart Learning Market, by Component
Table 211 Smart Learning Market, by Component, 2017-2020 (USD Million)
Table 212 Smart Learning Market, by Component, 2021-2026 (USD Million)
14.1.3 Hardware
Table 213 Smart Learning Market, by Hardware, 2017-2020 (USD Million)
Table 214 Smart Learning Market, by Hardware, 2021-2026 (USD Million)
14.1.4 Software
Table 215 Smart Learning Market, by Software, 2017-2020 (USD Million)
Table 216 Smart Learning Market, by Software, 2021-2026 (USD Million)
14.1.5 Smart Learning Market, by Service
Table 217 Smart Learning Market, by Service, 2017-2020 (USD Million)
Table 218 Smart Learning Market, by Service, 2021-2026 (USD Million)
14.1.6 Smart Learning Market, by Learning Type
14.1.6.1 Introduction
Table 219 Smart Learning Market, by Learning Type, 2017-2020 (USD Million)
Table 220 Smart Learning Market, by Learning Type, 2021-2026 (USD Million)
14.1.7 Smart Learning Market, by End-user
14.1.7.1 Introduction
Table 221 Smart Learning Market, by End-user, 2017-2020 (USD Million)
Table 222 Smart Learning Market, by End-user, 2021-2026 (USD Million)
14.1.8 Smart Learning Market, by Region
14.1.8.1 Introduction
Table 223 Smart Learning Market, by Region, 2017-2020 (USD Million)
Table 224 Smart Learning Market, by Region, 2021-2026 (USD Million)