India Smart Baby Monitor Market Size & Outlook, 2022-2030
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India smart baby monitor market highlights
- The India smart baby monitor market generated a revenue of USD 57.5 million in 2022 and is expected to reach USD 113.9 million by 2030.
- The India market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, audio & video was the largest revenue generating product in 2022.
- Audio & Video is the most lucrative product segment registering the fastest growth during the forecast period.
Smart baby monitor market data book summary
| Market revenue in 2022 | USD 57.5 million |
| Market revenue in 2030 | USD 113.9 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Audio & video |
| Fastest growing segment | Audio & Video |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Audio & Video, Movement Tracker |
| Key market players worldwide | VTech Holdings Ltd, Motorola Solutions Inc, Dorel Industries Inc Shs -B- Subord.Voting, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Netgear Inc, Arlo Technologies Inc, Lorex Technology, Summer Infant, iBaby Labs |
Other key industry trends
- In terms of revenue, India accounted for 4.3% of the global smart baby monitor market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart baby monitor market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 113.9 million by 2030.
Audio & video was the largest segment with a revenue share of 79.13% in 2022. Horizon Databook has segmented the India smart baby monitor market based on audio & video, movement tracker covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past few years, India has witnessed a surge in baby care products. Rising income levels and an increasing number of working mothers have also supported the growth of the India market. A large number of families in urban India have only one or two children, which allows them to spend more on quality childcare.
The growing purchasing power and increasing focus on child safety are also boosting the sales of smart baby monitors in the country. The availability of free home-delivery service through major brands is the foremost reason why consumers prefer the online channel.
Moreover, the increasing popularity of online retailers such as Amazon, Flipkart, and Snapdeal, along with the rising usage of smartphones and other similar devices is expected to propel the sales of smart baby monitoring products through the online channel in the upcoming years.
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Smart Baby Monitor Market Scope
Smart Baby Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| iBaby Labs | View profile | 11-50 | San Jose, California, United States, North America | http://www.ibabylabs.com |
| Summer Infant | View profile | 101-250 | Woonsocket, Rhode Island, United States, North America | https://www.summerinfant.com |
| Lorex Technology | View profile | 51-100 | Markham, Ontario, Canada, North America | http://www.lorextechnology.com |
| VTech Holdings Ltd | View profile | 19500 | Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, Hong Kong | https://www.vtech.com |
| Dorel Industries Inc Shs -B- Subord.Voting | View profile | 3900 | 1255 Greene Avenue, Suite 300, Westmount, QC, Canada, H3Z 2A4 | https://www.dorel.com |
| Arlo Technologies Inc | View profile | 363 | 2200 Faraday Avenue, Suite 150, Carlsbad, CA, United States, 92008 | https://www.arlo.com |
| Netgear Inc | View profile | 635 | 350 East Plumeria Drive, San Jose, CA, United States, 95134 | https://www.netgear.com |
| Motorola Solutions Inc | View profile | 21000 | 500 West Monroe Street, Suite 4400, Chicago, IL, United States, 60661 | https://www.motorolasolutions.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
India smart baby monitor market size, by distibution channel, 2018-2030 (US$M)
India Smart Baby Monitor Market Outlook Share, 2022 & 2030 (US$M)
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