The smart baby monitor industry is projected to expand from US$ 1.22 billion in 2022 to US$ 2.28 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.1% during the period from 2022 to 2030.

The European smart baby monitor sector is divided into several key markets, including Germany, the UK, France, Italy, Russia, and other regions within Europe. The growth of this market in Europe can be largely attributed to supportive government initiatives and a favorable attitude towards the integration of advanced technologies. Additionally, the significant presence of numerous daycare facilities and corporate childcare services across Europe has further facilitated the expansion of the smart baby monitor market. The UK, Germany, and the Netherlands are anticipated to emerge as the leading markets for smart baby monitors in Europe throughout the forecast period, driven by high birth rates and a robust demand for innovative childcare solutions.

In terms of revenue generation, the Asia-Pacific (APAC) region ranks third. This region encompasses a mix of both developed and developing nations, including China, India, and various Southeast Asian countries, alongside more developed economies like Japan and Australia. A continuous increase in population, coupled with rising income levels among the middle and upper classes, are key factors propelling the growth of the baby monitor market in APAC. Furthermore, the growing number of working parents and the increasing establishment of daycare centers across the region are contributing to the development of smart cities in countries such as India, China, South Korea, Japan, and Singapore, which are expected to present significant opportunities for players in the smart baby monitor market.

The market is categorized by product type into video monitor devices and audio monitor devices. The video monitor segment captured the largest market share in 2022 and is projected to experience the highest growth rate. Video monitors allow parents to observe their infants from a distance and can track vital signs such as heart rate and breathing. These devices serve as display units that show output from video equipment, like cameras or video players, and are often referred to as reference monitors, as they help ensure the video feed is functioning correctly. Video monitors offer numerous advantages, including remote monitoring capabilities that enable parents to keep an eye on their babies from anywhere using smartphones or tablets, thus providing convenience and peace of mind. They also feature enhanced night vision technology, ensuring clear video feeds even in low-light conditions, which allows for continuous monitoring during the night. Due to these benefits, the demand for video monitor devices is on the rise, further driving the growth of the smart baby monitor market.

Key players in the smart baby monitor market include Allen & Heath Ltd, VTech Holdings Ltd, Koninklijke Philips NV, Samsung Electronics Co Ltd, Panasonic Holdings Corp, iBaby Labs, Inc., INFANT OPTICS, Snuza, Dorel Industries Inc, NETGEAR, and Withings, all of whom are profiled in this market analysis.

The overall size of the smart baby monitor market has been determined through a combination of primary and secondary research methods. Extensive secondary research has been conducted utilizing both internal and external sources to gather qualitative and quantitative data regarding the smart baby monitor market size. This research process also aids in providing an overview and forecast of the market across all segments. Additionally, numerous primary interviews have been carried out with industry stakeholders to validate the collected data and gain deeper analytical insights. This process includes discussions with industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders who specialize in the smart baby monitor sector.