Connected Toys Market Revenue, Region & Country Share, Trends,...

Connected Toys Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2030

Posted 2023-03-01 06:40:22

A thorough and important study, the Connected Toys Industry research report includes business strategies, qualitative and quantitative analysis, and developing trends of the worldwide Connected Toys market. The study provides in-depth analysis and research of the crucial components of the worldwide Connected Toys industry. In order to present a comprehensive picture of the Connected Toys market, the research analysts have created this report through extensive primary and secondary research, along with a full analysis of the drivers, restraints, challenges, trends, and opportunities.

The experts have taken into account every factor affecting the development of the Connected Toys market on a national and international level. The COVID-19 pandemic is one of the major market-influencing elements, according to the research. The epidemic has hampered the market's expansion by upsetting its supply chains and overall economic environment. The paper goes into great detail about the COVID-19 pandemic's overall effects on the Connected Toys market and its major segments. The COVID-19 pandemic's effects on the market are also covered in the research, both now and in the future.

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.

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The report's competitive landscape was developed by taking into account all the important factors, including company profiles, market share, latest developments and advancements, gross margins, product portfolios, revenue generation, financial standing, market position, and expansion strategies. The report goes into great depth about current business and governmental agreements, partnerships, joint ventures, product launches, and brand promotions. The research also discusses the most recent product and technology breakthroughs in the Connected Toys market.

The research also details new competitors entering the market, discusses entry-level obstacles, and offers tactical suggestions to get through those obstacles and establish a significant industry presence.

Leading companies operating across the global Connected Toys market:

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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The Global Connected Toys Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Connected Toys market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

Segments Covered in this report are:

Application Outlook (Revenue, USD Million; 2019–2030)
- Education
- Entertainment
- Other Applications

Age Group Outlook (Revenue, USD Million; 2019–2030)
- 1-5 Years
- 6-8 Years
- 9-12 Years
- Teenagers (13-19 Years)

Distribution Channel Outlook (Revenue, USD Million; 2019–2030)
- Online
- Offline

Regional Analysis Covers:

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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The all-inclusive report on the Global Connected Toys Market added by Reports and Data demonstrates that the global Connected Toys market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Connected Toys market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.

Radical Features of the Connected Toys Market Report:

The report encompasses Connected Toys market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Connected Toys industry

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About Emergen Research

Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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