DALLAS, April 13, 2015 /PRNewswire/ --
SandlerResearch.org adds Global Baby Monitor Market 2015 - 2019 a new industry research report in its store. Monitor Market: Koninklijke Philips NV, Lorex Canada Inc., Motorola Inc. and Samsung Electronics Co. Ltd. are key vendors in the Global Baby market.
Increased demand from emerging economies is one key trend gaining momentum in the Baby Monitor market. The rise in demand can be attributed to growing per capita and disposable income, growing concerns about health and child care, changing lifestyles, and improved retailing.
Analysts forecast Global Baby Monitor market to grow at a CAGR 8.63% over the period 2014-2019. According to the report, growing online retailing is one of the major factors driving the growth of this market. The growing number of online websites offering a wide range of baby monitors has increased the demand for these products, especially among working parents who seek easy accessibility and convenience.
Baby monitor is a device used for monitoring the baby's activities when the parents are not present in the room. It can transmit audio as well as video. The basic baby monitor utilizes a radio transmitter. The baby's sounds are transferred to a receiver that has an inbuilt speaker, which enables the listener to hear the child's voice from various locations that are within range.
Lately, the demand for advanced wireless baby monitors has augmented as many parents desire to do household chores while monitoring their babies. Furthermore, these devices are easy to install. Parents can access the cameras and view their babies even from other locations such as the office.
The rise in the number of dual-earning families, increased awareness of baby care products especially baby safety products, family planning, and concerns over the health and safety of children is propelling the growth of the Global Baby Monitor market.
Companies are offering innovative smart baby monitors that are hassle-free and easy to use. For instance, Sproutling, a San Francisco-based startup has come up with wearable baby monitors, which can be synchronized through an iOS mobile operating system .
Data such as noise and light level, room temperature, and humidity are gathered and the insights are transferred to the smartphone of the parents through iOS.
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The product segment includes - Audio Baby Monitor, Audio And Video Baby Monitor, Motion-Detection Baby Monitor.
This report covers present scenario and the growth prospects of the Global Baby Monitor market for the period 2015-2019. To calculate market size, the report considers the unit shipment of baby monitors worldwide.
The report recognizes the following companies as the key players in the Global Baby Monitor Market: Koninklijke Philips NV, Lorex Canada Inc., Motorola Inc. and Samsung Electronics Co. Ltd.
Other Prominent Vendors in the market are: Anglecare, Dropcam, Genexus, Graco, iBaby Labs, Safety 1st, Shenzhen Foscam Intelligent Technology, Summer Infant, VTech and Withings
Further, the report states that one key challenge that the market faces is the declining birth rates caused by high unemployment and low fertility rate in several developing countries, which has deterred people from having children.
Other Related Report:
Global Smart Wearable Lifestyle Devices and Services Market 2015-2019: Analysts forecast the Global Smart Wearable Lifestyle Devices market to grow at a CAGR of 35.14% over the period 2014-2019. The Global Smart Wearable Lifestyle Services market to grow at a CAGR of 39.06% over the period 2015-2019.
The Global Smart Wearable Lifestyle Devices and Services market is divided into two cateogories: devices and services. The Global Smart Wearable Lifestyle Devices market is further sub-segmented on the basis of usage into Fitness and Lifestyle Devices, Smartwatch Devices, Smartglass Devices, and Others.
There are immense opportunities are available for vendors to improve on their R&D work and foster more technological innovations in this space. Some of the recently developed technologies include augmented reality and gesture recognition. The augmented reality technology provides the consumers with live information on various activities and helps them to project images at high resolution; it also allows users to manipulate 3D objects. The gesture recognition technology provides an effective man-to-machine interface that helps interpret human gestures.
According to the report, the increase in demand for wearable lifestyle devices worldwide is one of the major drivers of the market. Growth in urbanization has triggered changes in lifestyles of consumers worldwide. People use wearable devices such as smart watches, wrist bands, and rings to monitor daily fitness and health, listen to music, stream virtual/3D videos, play virtual games, and access social networking websites such as Facebook, LinkedIn, and Twitter through wearable screens. These devices have enhanced the lifestyles of end-users considerably.
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The report recognizes the following companies as the key players in the Global Smart Wearable Lifestyle Devices and Services Market: Adidas AG, Apple Inc., Fitbit Inc., Garmin Ltd., Jawbone (Aliph Inc.), LG Electronics Inc., Nike Inc., Samsung Electronics Co. Ltd. and Sony Corp.
Other Prominent Vendors in the market are: Agent, Atheer Labs, Atlas Wearables, Beartek, Bia Sport, Bragi, Brilliant Services, BSX Insight, Buhel, Carre Technologies, Casio, Emotiv Systems, Epson America, Force Impact Technologies, Glassup, Goqii, Healbe, Intelligent Headset, Kapture, Keryos, KMS, Lechal, Logbar, Microsoft, Mio, Movable, Neptune, Netatmo, Optinvent, Orpyx Medical Technologies, Owlet, Pixie Scientific, Razer, Rslsteeper, Sensible Baby, Seraphim Sense, Skully Helmets, Somaxis, Sproutling, Sqord, Sunfriend Corporation, Suunto, T.Ware, Tarsier, Vuzix and Wellograph
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