Connected Toys Market Size, Revenue Growth Trends, Company Strategy...

Connected Toys Market Size, Revenue Growth Trends, Company Strategy Analysis, 2030

Posted 2023-03-01 06:40:26

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The Global Connected Toys Market research provides in-depth data that includes relevant information for investors and enterprises for the years 2021-2030. The study analyses historical keyword market data and provides useful details on the major market segments and sub-segments, revenue generation, demand and supply dynamics, trends, and other crucial factors. Based on latest technical and scientific breakthroughs, the study provides an exact prediction estimation of the Connected Toys industry. Additionally, it provides useful information to help investors create smart company investment plans and take advantage of the keyword market's burgeoning growth opportunities.

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 most recent report analysing the effects of the continuing COVID-19 epidemic is the study on the global keyword market. Both directly and indirectly, the pandemic has impacted the market by disrupting global supply networks and creating financial issues. Due to the ongoing COVID-19 epidemic, the keyword market has seen dynamic changes in patterns and consumer demand. The research offers a thorough analysis of how the pandemic has impacted the major Connected Toys market sectors. An extensive examination of the COVID-19 pandemic's effects on the entire Connected Toys industry is included in the report.

The Global Connected Toys Market research covers all pertinent information about the market participants' capacities for production and manufacture, product portfolios, business overviews, revenues, gross profit margins, sales networks and distribution channels, financial standing, and market share. In order to establish a solid footing in the market, organisations engage in business strategies and alliances. The report provides information on business and government deals as well as mergers and acquisitions, joint ventures, collaborations, brand promotions, and product launches. Readers can have a greater grasp of the rivals thanks to the thorough examination of the competitive environment.

The research also includes analyses of the upstream raw materials, downstream purchasers, and the entire value chain. Global patterns, legislative frameworks, and macro- and microeconomic issues are the study's main areas of attention. The sector and sub-segments anticipated to control the market throughout the anticipated period are also extensively analysed in the report. Regarding the analysis of market segmentation, including product type, end-user industries, application spectrum, and other sectors, the report provides a forecast assessment of the market.

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Top competitors of the Connected Toys Market profiled in the report include:

Mattel, Hasbro, The LEGO Group, Sony Corporation, VTech Holding Limited, UBTech Robotics Corp., DJI, iRobot Corporation, Sphero, Inc., Digital Dream Labs, Inc

Product Type Segmentation:

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 of the Connected Toys Market:

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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Market Overview:

The research report on the Connected Toys market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Connected Toys business sphere.

How will the Connected Toys Market, 2022 to 2030 report help you?

Our 250-Page Study Gives You The Following Information, In Summary:

Revenue projections to 2030 for the keyword market, 2022 to 2030 market, with projections for report segmentation and company size, each forecast at a global and regional level - learn about the industry's prospects and locate the most profitable markets for investments and income.

Forecasts of sales for 20 important national markets and four regional areas through 2030 View predictions for the Connected Toys Market from 2022 to 2030 in LAMEA, Europe, North America, and Asia-Pacific. The markets in the US, Canada, Mexico, Brazil, Germany, France, the United Kingdom, Italy, China, India, Japan, and Australia, among other significant economies, are also predicted.

Prospects for both existing businesses and those looking to break into the sector, along with company profiles for 15 of the biggest players in the keyword market, from 2022 to 2030.

Find analyses that are both quantitative and qualitative and have unique predictions. Get information that is exclusive to our report and keep informed with priceless business knowledge.

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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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