Connected Toys Market Global Industry Analysis, Size, Share, Growth Trends and Forecasts 2021 – 2030

The global connected toys market size is expected to reach USD 36.63 Billion at a steady revenue CAGR of 20.9% in 2030, according to the latest analysis by Emergen Research.

The Global Connected Toys Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Connected Toys Market studies the market scenario to offer growth projections for the Connected Toys industry for the forecast period of 2021-2030. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment 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 report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.

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The Global Connected Toys Report is a panoramic study of the overall Connected Toys market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Connected Toys market. The report provides a detailed analysis of the key factors of the Connected Toys market that are expected to have a positive impact on the growth of the Connected Toys industry.

Leading businesses who are looking for new sources of income will find this research to be quite helpful in understanding the market and its underlying dynamics. It will be helpful for businesses looking to diversify into new markets or increase the scope of their current operations.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Connected Toys industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

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

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Connected Toys market include:

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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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

  • 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
    • A.E.
    • South Africa
    • Rest of MEA

Key Questions Addressed in the Report:

  • Who are the leading players in the Connected Toys industry?
  • Which region is expected to dominate the market in the coming years?
  • What are the key applications of Connected Toys?
  • Which segment is expected to garner traction during the coming years?
  • What are the key strategies adopted by leading players in the market?

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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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