The Global Connected Toys Market
report, released by Emergen Research, provides the target audience with the key
information pertaining to the global Connected Toys Market industry. The
research contains the details about the latest events in the Connected Toys
market including but not limited to the product launches, acquisition and
mergers, collaborations and technology advancements with an aim to help
business evangelists, product owners and marketing personnel understand what
the future demands, customer preferences, consumption volume, production
capacity and supply chain management of the Connected Toys market will be like.
The Global Connected Toys Market
report, released by Emergen Research, provides the target audience with the key
information pertaining to the global Connected Toys Market industry. We provide
detailed product mapping and investigation of various market scenarios. Our
expert analysts provide a thorough analysis and breakdown of the market
presence of key market leaders.
The Global Connected Toys Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Connected Toys industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Connected Toys market along with crucial statistical data about the Connected Toys market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
According to the most recent analysis by Emergen Research, the size of the global market for connected toys is anticipated to reach USD 36.63 billion in 2030, with a consistent revenue CAGR of 20.9%. The consistent market revenue growth of connected toys can be ascribed to the shift toward two working parents that gave rise to the monitoring and tracking of toy devices. The average proportion of working moms across OECD nations in 2019 was 70.9%. In 45.6% of two-partner homes, both members are full-time workers. In the EU in 2020, 72.2% of mothers and 90.0% of fathers were employed. In Australia, most parents will be employed in 2021. 63.9% of single parents were employed. 78.4% of those households had a working single mother. Both parents had jobs in 69.9% of two-parent families with kids. In the UK in 2019, 92.6% of fathers and 75.1% of mothers reported having a job. 28.5% of mothers reported working fewer hours owing to childcare, compared to only 4.8% of men. As a result, there is a surge in demand for connected toys to assist parents watch and track their children, which in turn is propelling market revenue development.
The current COVID-19 pandemic is expected to have an effect on the growth of the Connected Toys industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Connected Toys sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Connected Toys industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Connected Toys market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Connected Toys market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Connected Toys market.
The report covers the following chapters:
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Mattel, Hasbro, The LEGO Group, Sony Corporation, VTech Holding Limited, UBTech Robotics Corp., DJI, iRobot Corporation, Sphero, Inc., Digital Dream Labs, Inc
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Connected Toys Market Segmentation:
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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