- The key vendors in the Global Baby Safety Products Market 2015-2019 are Britax Child Safety Inc., Chicco USA Inc. (Artsana SpA), Dorel Industries Inc., Koninklijke Philips NV and Motorola Inc.
London, 10 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Baby Safety Products Market 2015-2019. Higher product quality is one of the key trends being witnessed in this market. Many countries have introduced stringent regulations governing baby safety products. These regulations mandate proper quality checks before installation of these products. The Global Baby Safety Products Market is expected to grow at a CAGR of 5.28% in terms of revenue during the period 2014-2019.
The extensive infiltration of the internet in developing countries has provided end-users with ample depth in the market and awareness of products’ availability. Parents consult doctors in online forums and seek relevant advice.
“Companies are providing innovative smart baby monitors that are hassle-free and easy to use. For instance, Sproutling, a San Francisco-based startup, has come up with a wearable baby monitor, which is synchronized via an iOS application,” says Faisal Ghaus, Vice President of Technavio Research.
“The use of smartphones as baby monitors is also gaining traction. The smartphone apps allow a user to monitor a camera-equipped device such as a tablet or another smartphone.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Baby Safety Products Market 2015-2019; please send an e-mail to media@TechNavio.com
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