Smart Toys Market

Smart Toys Market to Exhibit a Remarkable CAGR of 15.4% by 2030, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis, and Competitive Outlook

0 Comment October 18, 2024 Uncategorized

Global Quick Overview of the Smart Toys Market Analysis

The objective of the Global Smart Toys Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

According to the latest report analysis by MarkNtel Advisors, the Global Smart Toys Market size is estimated to grow at a CAGR of around 15.4% during the forecast period, i.e., 2024-30. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

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Latest Trend Contributing in the Smart Toys Industry:

Global Smart Toys Market Trend:

Increasing Demand for AI and IoT-Enabled Smart Toys – The rising inclination of consumers toward AI and IoT-enabled smart toys has been gaining significant traction in recent years. This has been attributed to the better engaging capability of these toys, which has been helping children improve their cognitive, problem-solving, and communication skills. Also, these toys have the capacity to recognize voice and children’s activities, owing to which they offer a better interactive experience to the children. Hence, these toys have been largely preferred among consumers over the recent years. Also, observing this rising inclination of parents, companies across the globe have significantly started investing in the research & development of new and better AI-enabled Smart toys, which would offer highly immersive experiences to children.

A Detailed Outlook of Smart Toys Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:

-By Technology

  • Wi-Fi- Market Size & Forecast 2019-2030, USD Million
  • Bluetooth- Market Size & Forecast 2019-2030, USD Million
  • Others (RFID, NFC, etc.)- Market Size & Forecast 2019-2030, USD Million

-By Distribution Channel

  • Online- Market Size & Forecast 2019-2030, USD Million
  • Stores- Market Size & Forecast 2019-2030, USD Million

-By Age Group

  • 2 to 5 Years- Market Size & Forecast 2019-2030, USD Million
  • 6 to 8 Years- Market Size & Forecast 2019-2030, USD Million
  • 9 to 12 Years- Market Size & Forecast 2019-2030, USD Million
  • >12 Years- Market Size & Forecast 2019-2030, USD Million

-By Application

  • Entertainment- Market Size & Forecast 2019-2030, USD Million
  • Education- Market Size & Forecast 2019-2030, USD Million

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/smart-toys-market.html

Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Out of these, North America has experienced substantial growth in the Global Smart Toys Market in recent years. This has been largely due to the presence of significant market players across the region, who have been constantly investing in the development of better technology in smart toys. Additionally, the increasing participation of parents in the workforce, particularly in countries such as the US and Canada, would further drive the demand for smart toys. As working parents seek ways to provide both entertainment and educational experiences for their children, the market for smart toys is poised to continue its upward trajectory in North America.

Lead the Smart Toys Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

  • TOSY Robotics
  • Wonder Workshop, Inc
  • Indiegogo, Inc.
  • Sphero, Inc.
  • MORAVIA Consulting spol. s r.o.
  • Innokind, Inc.
  • Pillar Learning
  • WowWee Group Limited
  • Pilot Laboratories, Inc.
  • Mattel Inc.
  • MobilizAR Technologies Pvt Ltd.
  • Robo Wunderkind
  • Learning Resources Ltd.
  • UBTECH Robotics Corp LTD.
  • Others

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Key Report Highlights      

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

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