The global baby monitoring devices market has grown strongly in recent years. It will grow from $4.48 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The expansion observed during the historical period can be attributed to several factors, including economic growth and increased affordability, the rise of nuclear families, the integration of health monitoring features in baby monitors, urbanization with limited living spaces, and changing dynamics in work patterns.
The global baby monitoring devices market is expected to see rapid growth in the next few years. It will grow to $7.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The anticipated growth in the forecast period can be attributed to the emphasis on security and privacy features, increased customization and personalization options, the role of baby monitors in reducing stress and anxiety for parents, growing healthcare awareness leading to early detection capabilities, and the overall rise in disposable income. Major trends expected in the forecast period encompass heightened parental concerns for child safety, an increase in working parents, the impact of urbanization and smaller living spaces, a focus on health monitoring and wellness features, as well as the integration of connectivity and smart home technologies into baby monitoring devices.
The increasing presence of employed women is anticipated to drive the expansion of the market for baby monitoring devices. Employed women, who earn income through regular work outside the home, find it challenging to care for their infants while at work. Consequently, the use of baby monitors allows them to remotely observe and receive notifications in case of emergencies. As of August 2022, women's labor force participation in the United States rose to 57.1%, as per a statistical report from the Federal Reserve Economic Data (FRED). This surge in working women is a key factor propelling the growth of the baby monitoring device market.
The burgeoning population of children is projected to fuel the growth of the baby monitoring device industry. Baby monitoring devices are instrumental in ensuring the safety and well-being of infants, offering parents a sense of reassurance and the ability to promptly attend to their babies' needs. For instance, in 2021, the United States recorded 74 million children, constituting 22% of the nation's population, as indicated in The Children's Defense Fund's State of America’s Children report released in May 2023. This escalating child population contributes significantly to the expansion of the baby monitoring device market.
An emerging trend in the baby monitoring devices sector is product innovation, which companies are adopting to bolster their market position. Major players in this market segment are dedicated to developing novel products aimed at enhancing their offerings. For instance, in August 2023, Masimo Corporation, a medical technology firm based in the United States, introduced the Stork smart home baby monitoring system. This comprehensive system comprises components like Stork Vitals+ and Vitals, featuring a high-resolution camera with improved night vision and high-quality two-way audio. Leveraging noninvasive hospital neonate monitoring technology, the Stork system provides continuous health data tracking, a user-friendly mobile app, secure connectivity, and 2K quad-high definition video. By catering to parents' needs, Stork brings hospital-grade technology to household use with a simple smartphone-like interface.
Major corporations in the baby monitoring devices market are strategically focusing on the integration of AI-driven intelligent solutions, such as AI-based smart baby monitoring devices, to gain a competitive advantage. These technologically advanced systems are specifically engineered to monitor and ensure the safety of infants. For instance, in September 2023, VTech, a leading parenting technology company based in Hong Kong, introduced the V-Care VC2105 Smart Nursery Baby Monitor. This cutting-edge monitoring system harnesses distinctive local AI capabilities, delivering baby sleep analytics and real-time alerts, setting a new standard in the baby monitoring landscape. With a 5-inch, 720p High-Definition Parent Unit Display, parents can vigilantly observe their child from home or remotely via their smartphones. The Over-the-Crib WiFi video baby monitor not only furnishes valuable sleep analysis but also grants a comprehensive view of the baby, empowering parents to optimize their baby's sleep efficiency by identifying sleep patterns and visitations throughout the night.
In February 2021, Sandbridge Acquisition Corporation, a US-based investment management platform, successfully concluded a merger with Owlet Baby Care Inc. This strategic move marked a pivotal moment for Owlet, enabling an expansion of its product portfolio and positioning the company to support families during crucial stages in child-rearing. Throughout this merger, Owlet remained committed to its existing loyal customer base while targeting a considerable untapped market segment. The aim was to establish a robust family-centric platform, enhancing the lives of parents for generations to come. Owlet Baby Care Inc., a prominent manufacturer of baby monitoring devices, strengthened its position through this strategic alliance.
Major companies operating in the baby monitoring devices market report 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.
Asia-Pacific was the largest region in the baby monitoring devices market in 2023. The regions covered in the baby monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the baby monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of baby monitoring devices include internet baby monitors, video baby monitors, and audio baby monitors. Internet baby monitors are devices connected to the internet, offering real-time video and audio of the monitored baby through websites or mobile applications. These monitors employ both wired and wireless modes of connection and find applications in hospitals, households, and various other settings.
This report provides baby monitoring devices market statistics, including baby monitoring devices industry global market size, regional shares, competitors with a baby monitoring devices market share, detailed baby monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the baby monitoring devices industry. This baby monitoring devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baby monitoring devices market consists of sales of camera modules for video streaming, LED (light-emitting diode) display units, notification alarm systems, PIR sensors, temperature and humidity sensors, microphones, and wireless transmission units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this baby monitoring devices market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The global baby monitoring devices market is expected to see rapid growth in the next few years. It will grow to $7.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The anticipated growth in the forecast period can be attributed to the emphasis on security and privacy features, increased customization and personalization options, the role of baby monitors in reducing stress and anxiety for parents, growing healthcare awareness leading to early detection capabilities, and the overall rise in disposable income. Major trends expected in the forecast period encompass heightened parental concerns for child safety, an increase in working parents, the impact of urbanization and smaller living spaces, a focus on health monitoring and wellness features, as well as the integration of connectivity and smart home technologies into baby monitoring devices.
The increasing presence of employed women is anticipated to drive the expansion of the market for baby monitoring devices. Employed women, who earn income through regular work outside the home, find it challenging to care for their infants while at work. Consequently, the use of baby monitors allows them to remotely observe and receive notifications in case of emergencies. As of August 2022, women's labor force participation in the United States rose to 57.1%, as per a statistical report from the Federal Reserve Economic Data (FRED). This surge in working women is a key factor propelling the growth of the baby monitoring device market.
The burgeoning population of children is projected to fuel the growth of the baby monitoring device industry. Baby monitoring devices are instrumental in ensuring the safety and well-being of infants, offering parents a sense of reassurance and the ability to promptly attend to their babies' needs. For instance, in 2021, the United States recorded 74 million children, constituting 22% of the nation's population, as indicated in The Children's Defense Fund's State of America’s Children report released in May 2023. This escalating child population contributes significantly to the expansion of the baby monitoring device market.
An emerging trend in the baby monitoring devices sector is product innovation, which companies are adopting to bolster their market position. Major players in this market segment are dedicated to developing novel products aimed at enhancing their offerings. For instance, in August 2023, Masimo Corporation, a medical technology firm based in the United States, introduced the Stork smart home baby monitoring system. This comprehensive system comprises components like Stork Vitals+ and Vitals, featuring a high-resolution camera with improved night vision and high-quality two-way audio. Leveraging noninvasive hospital neonate monitoring technology, the Stork system provides continuous health data tracking, a user-friendly mobile app, secure connectivity, and 2K quad-high definition video. By catering to parents' needs, Stork brings hospital-grade technology to household use with a simple smartphone-like interface.
Major corporations in the baby monitoring devices market are strategically focusing on the integration of AI-driven intelligent solutions, such as AI-based smart baby monitoring devices, to gain a competitive advantage. These technologically advanced systems are specifically engineered to monitor and ensure the safety of infants. For instance, in September 2023, VTech, a leading parenting technology company based in Hong Kong, introduced the V-Care VC2105 Smart Nursery Baby Monitor. This cutting-edge monitoring system harnesses distinctive local AI capabilities, delivering baby sleep analytics and real-time alerts, setting a new standard in the baby monitoring landscape. With a 5-inch, 720p High-Definition Parent Unit Display, parents can vigilantly observe their child from home or remotely via their smartphones. The Over-the-Crib WiFi video baby monitor not only furnishes valuable sleep analysis but also grants a comprehensive view of the baby, empowering parents to optimize their baby's sleep efficiency by identifying sleep patterns and visitations throughout the night.
In February 2021, Sandbridge Acquisition Corporation, a US-based investment management platform, successfully concluded a merger with Owlet Baby Care Inc. This strategic move marked a pivotal moment for Owlet, enabling an expansion of its product portfolio and positioning the company to support families during crucial stages in child-rearing. Throughout this merger, Owlet remained committed to its existing loyal customer base while targeting a considerable untapped market segment. The aim was to establish a robust family-centric platform, enhancing the lives of parents for generations to come. Owlet Baby Care Inc., a prominent manufacturer of baby monitoring devices, strengthened its position through this strategic alliance.
Major companies operating in the baby monitoring devices market report 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.
Asia-Pacific was the largest region in the baby monitoring devices market in 2023. The regions covered in the baby monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the baby monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of baby monitoring devices include internet baby monitors, video baby monitors, and audio baby monitors. Internet baby monitors are devices connected to the internet, offering real-time video and audio of the monitored baby through websites or mobile applications. These monitors employ both wired and wireless modes of connection and find applications in hospitals, households, and various other settings.
This report provides baby monitoring devices market statistics, including baby monitoring devices industry global market size, regional shares, competitors with a baby monitoring devices market share, detailed baby monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the baby monitoring devices industry. This baby monitoring devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baby monitoring devices market consists of sales of camera modules for video streaming, LED (light-emitting diode) display units, notification alarm systems, PIR sensors, temperature and humidity sensors, microphones, and wireless transmission units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this baby monitoring devices market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Baby Monitoring Devices Market Characteristics3. Baby Monitoring Devices Market Trends and Strategies31. Global Baby Monitoring Devices Market Competitive Benchmarking32. Global Baby Monitoring Devices Market Competitive Dashboard33. Key Mergers and Acquisitions in the Baby Monitoring Devices Market
4. Baby Monitoring Devices Market - Macro Economic Scenario
5. Global Baby Monitoring Devices Market Size and Growth
6. Baby Monitoring Devices Market Segmentation
7. Baby Monitoring Devices Market Regional and Country Analysis
8. Asia-Pacific Baby Monitoring Devices Market
9. China Baby Monitoring Devices Market
10. India Baby Monitoring Devices Market
11. Japan Baby Monitoring Devices Market
12. Australia Baby Monitoring Devices Market
13. Indonesia Baby Monitoring Devices Market
14. South Korea Baby Monitoring Devices Market
15. Western Europe Baby Monitoring Devices Market
16. UK Baby Monitoring Devices Market
17. Germany Baby Monitoring Devices Market
18. France Baby Monitoring Devices Market
19. Italy Baby Monitoring Devices Market
20. Spain Baby Monitoring Devices Market
21. Eastern Europe Baby Monitoring Devices Market
22. Russia Baby Monitoring Devices Market
23. North America Baby Monitoring Devices Market
24. USA Baby Monitoring Devices Market
25. Canada Baby Monitoring Devices Market
26. South America Baby Monitoring Devices Market
27. Brazil Baby Monitoring Devices Market
28. Middle East Baby Monitoring Devices Market
29. Africa Baby Monitoring Devices Market
30. Baby Monitoring Devices Market Competitive Landscape and Company Profiles
34. Baby Monitoring Devices Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on baby monitoring devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for baby monitoring devices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Report Scope
Markets Covered:
1) By Type: Internet Baby Monitor; Video Baby Monitor; Audio Baby Monitor2) By Mode Of Connection: Wired; Wireless
3) By Application: Hospitals; Family; Other Applications
Key Companies Mentioned: Dorel Industries Inc.; Samsung Electronics Co. Ltd.; Angelcare Monitors Inc.; Motorola Solutions Inc.; iBaby Labs Inc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 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.
Methodology
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