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The Smart Toy market is a subset of the Internet of Things (IoT) and Machine-to-Machine (M2M) industries. Smart Toys are connected devices that use sensors, software, and other technologies to interact with users. They can be used to teach children about coding, robotics, and other STEM topics. Smart Toys can also be used to monitor a child's development, provide entertainment, and even help with language learning.
Smart Toys are becoming increasingly popular as parents look for ways to engage their children in educational activities. They are also becoming more affordable, making them accessible to a wider range of consumers.
Some companies in the Smart Toy market include Mattel, Hasbro, Lego, VTech, and Sphero. These companies are developing a range of products, from interactive robots to educational games. Show Less Read more