According to a research report published by Spherical Insights & Consulting, the global smart crib market size will be valued at USD 332.2 million in 2023, and by 2033, the global smart crib market size will reach USD 610.1 million. is expected to reach. Companies covered: The Happiest Baby, Inc., Hatch Baby Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Snoo Smart Sleeper, 4moms (Thorley Industries, LLC), Baby Bjorn (BabyBjörn AB), Sleep Number Corporation, Silver Cross (DF ) Holdings Ltd.), Babyzen SAS, Chicco, HALO Sleep, Fisher-Price, and other major companies.
New York, USA, April 5, 2024 (Globe Newswire) — Global smart crib market size will grow from USD 332.2 million in 2023 to 2033, at a compound annual growth rate (CAGR) of 6.27%. It is expected to grow to USD 610.1 million in 2019. During the scheduled period.
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Smart cribs aim to provide infants with a safe and comfortable sleeping environment while adding functionality using smart technology. These cribs are equipped with sensors, cameras, and connectivity options that allow parents to monitor their baby's activities remotely. Some smart cribs come with automatic rocking, soothing sounds, and temperature control to provide your infant with a nurturing and calming environment. Additionally, incorporating artificial intelligence and machine learning technology into smart cribs enhances their functionality and makes them more appealing to tech-savvy customers. Innovation and advancement are further expanding this specialized sector of the baby care industry. Increasing birth rate and new parents' dependence on technologically advanced baby accessories are driving the smart crib market forward. The demand for smart cribs is also increasing due to the increase in caesarean section births, which restrict the mother's movement after pregnancy. However, the high price of smart cribs may be an impediment to wider adoption. Smart cribs are more expensive than traditional cribs because they contain advanced technology and additional features, limiting their availability to certain segments of the market.
Browse the report's 115 market data tables and 200 pages of key industry insights, including figures and charts. ”Global smart crib market Size, Share, and COVID-19 Impact Analysis, Global Smart Crib Market Size, Share, and COVID-19 Impact Analysis, by Type (Standard Crib, Convertible Crib, Portable Crib, Multipurpose Analysis and forecasts by distribution channel (online, offline) and region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), 2023-2033.
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The portable crib segment is expected to hold the largest share in the global smart crib market during the forecast period.
Based on type, the global smart crib market is segmented into standard crib, convertible crib, portable crib, and multipurpose crib. Among these, the portable crib segment is expected to hold the largest share and grow in the global smart crib market during the forecast period. Portable cribs are the ideal solution for modern parents who are always on the go, whether traveling, visiting family and friends, or moving between rooms at home. These cribs are lightweight, collapsible, and easy to assemble, making them an excellent choice for parents looking for a portable sleeping solution for their toddler.
Online segment is expected to hold the largest share in the global smart crib market during the forecast period.
Based on distribution channel, the global smart baby crib market is divided into online and offline. Among these, the online segment is expected to hold the largest share in the global smart crib market during the forecast period. Online sales platforms offer a variety of smart crib options, allowing customers to compare features, read reviews, and make an informed decision from the comfort of their home. The growing popularity of e-commerce, especially in the baby care products sector, is contributing to increased demand from online channels.
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North America is expected to hold the largest share in the global smart crib market over the forecast period.
North America is projected to hold the largest share in the global smart crib market over the forecast period. This increase in demand is driven by a number of factors, including North American parents' growing awareness of the benefits of technology-integrated child care products. The region's tech-savvy consumer base is more likely to incorporate innovative solutions such as smart cribs into their parenting routines, as evidenced by the high adoption rate of smart home devices. Additionally, rising disposable income in North America means parents can invest in high-end, technologically advanced baby products that include connectivity, health monitoring, AI-powered features, and more. The demand for smart cribs is increasing.
Asia Pacific is projected to grow at the fastest pace in the global smart baby crib market during the forecast period. Market trends in the region are driven by rising birth rates and the disposable income of new millennial parents. The region's long-established manufacturers and strong e-commerce infrastructure are making smart cribs more accessible and contributing to increased demand.
Competitive analysis:
The report offers pertinent analysis of key organizations/companies involved in the global market along with comparative evaluation mainly based on product offerings, business overview, geographical presence, corporate strategies, segment market shares, and SWOT analysis. . The report also provides an in-depth analysis focusing on the company's current news and developments, including product development, innovation, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This allows you to assess the overall competition within the market. The key vendors in the global smart crib market are The Happiest Baby, Inc., Hatch Baby Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Snoo Smart Sleeper, 4moms (Thorley Industries, LLC), Baby Bjorn (BabyBjörn AB), Sleep Number. Co., Ltd., Silver Cross (DF Holdings Co., Ltd.), Babyzen SAS, Chicco, HALO Sleep, Fisher-Price, and others.
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recent trends
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In the fall of 2023, Happiest Baby Inc. has introduced the SNOO Smart Sleeper, which allows parents to monitor their child's every move. The crib's automatic locking mechanism keeps infants flat on their backs, reducing safety risks.
market segment
This study projects revenue at global, regional and country levels from 2020 to 2033. Spherical Insights has segmented the Global Smart Crib Market on the basis of following segments:
Global Smart Crib Market, By Type
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standard crib
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convertible crib
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portable crib
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multipurpose crib
Global Smart Crib Market, By Distribution Channel
Global smart crib market, by region
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North America
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Europe
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Germany
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England
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France
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Italy
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Spain
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Russia
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rest of europe
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Asia Pacific
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China
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Japan
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India
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South Korea
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Australia
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Rest of Asia Pacific
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south america
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Brazil
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Argentina
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rest of south america
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middle east and africa
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