Global Smart Crib Market Size, Share, and COVID-19 Impact Analysis, By Type (Standard Crib, Convertible Crib, Portable Crib, Multi-Purpose Crib), By Distribution Channel (Online, Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Industry: Consumer Goods

RELEASE DATE Mar 2024
REPORT ID SI3965
PAGES 200
REPORT FORMAT PathSoft

Global Smart Crib Market Insights Forecasts to 2033.

  • The Global Smart Crib Market Size was Valued at USD 332.2 Million in 2023.
  • The Market Size is Growing at a CAGR of 6.27% from 2023 to 2033.
  • The Worldwide Smart Crib Market Size is Expected to Reach USD 610.1 Million by 2033.
  • Asia-Pacific is expected to grow the fastest during the forecast period.

Global Smart Crib Market

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The Global Smart Crib Market Size is Anticipated to Exceed USD 610.1 Million by 2033, Growing at a CAGR of 6.27% from 2023 to 2033.

 

Market Overview

A smart crib is designed to provide a safe and comfortable sleeping environment for infants while also providing additional functionality through the use of smart technologies. These cribs include sensors, cameras, and connectivity options, allowing parents to remotely monitor their baby's activities. Some smart cribs also include features such as automatic rocking, soothing sounds, and temperature control to create a nurturing and calming environment for babies. Furthermore, the smart crib market is expanding rapidly due to the increasing adoption of smart home technologies and the growing demand for advanced baby care products. Also, the incorporation of artificial intelligence and machine learning technologies into smart cribs improves their functionality, making them more appealing to tech-savvy customers. Innovations and advancements are driving additional growth in this niche segment of the baby care industry. The market's evolution is not only meeting the needs of today's parents but also influencing the future landscape of childcare through cutting-edge technology. Additionally, the rise in birth rate and new parents' reliance on technologically advanced baby accessories are propelling the smart crib market forward. Furthermore, the rise in the number of cesarean deliveries, which restrict mothers' movement after pregnancy, is driving demand for smart cribs.

 

Report Coverage

This research report categorizes the market for the global smart crib market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global smart crib market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global smart crib market.

 

Global Smart Crib Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 332.2 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.27%
2033 Value Projection:USD 610.1 Million
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By Distribution Channel, By Region
Companies covered::The Happiest Baby, Inc., Hatch Baby Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Snoo Smart Sleeper, 4moms (Thorley Industries, LLC), Baby Bjorn (BabyBjörn AB), Sleep Number Corporation, Silver Cross (D.F. Holdings Ltd.), Babyzen SAS, Chicco, HALO Sleep, Fisher-Price, and other key companies.
Pitfalls & Challenges:Covid-19 Empact,Challenges,Growth, Analysis.

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Driving Factors

Rapid technological advancements, such as the incorporation of AI and machine learning algorithms, are accelerating the development of advanced smart crib solutions. These technologies improve the functionality of smart cribs, giving parents useful information and personalized recommendations. Smart cribs provide parents with convenience and peace of mind by allowing them to monitor their baby's activities remotely. Features such as live video streaming, real-time alerts, and sleep-tracking capabilities provide reassurance and convenience for working parents. Furthermore, the growing awareness of child safety and the need for continuous monitoring has fueled the demand for smart cribs.

 

Restraining Factors

The high cost of smart cribs can be a barrier to widespread adoption. The advanced technology and additional features included in smart cribs contribute to their higher price compared to traditional cribs, limiting their availability to a specific segment of the market. Smart cribs' connectivity with external devices raises security concerns among parents, and despite the growing popularity of smart home technologies, there is still a lack of awareness and understanding about their benefits and functionality these factors are hampering the smart cribs market.

 

Market Segmentation

The Global Smart Crib Market share is classified into type, and distribution channel.

  • The portable crib segment is expected to hold the largest share of the global smart crib market during the forecast period.

Based on the type, the global smart crib market is divided into standard crib, convertible crib, portable crib, and multi-purpose crib. Among these, the portable crib segment is expected to grow at hold the largest share in the global smart crib market during the forecast period.  Portable cribs are a convenient solution for modern parents who are constantly on the move, whether traveling, visiting family and friends, or simply moving between rooms in their own homes. These cribs are lightweight, foldable, and simple to assemble, making them an ideal choice for parents looking for a mobile sleeping solution for their infants. Furthermore, smart crib manufacturers are responding to this trend by incorporating smart features into portable cribs, such as connectivity options and sleep monitoring capabilities.

 

  • The online segment is expected to hold the largest share of the global smart crib market during the forecast period.   

Based on the distribution channel, the global smart crib market is divided into online, and offline. Among these, the online segment is expected to hold the largest share of the global smart crib market during the forecast period. Online sales platforms offer a wide range of smart crib options, allowing customers to compare features, read reviews, and make informed purchases from the comfort of their own homes. The rise in demand from the online channel is further driven by the increasing prevalence of e-commerce, particularly in the baby care product sector. Furthermore, the online sales channel allows manufacturers to reach a larger global audience, removing geographical barriers and ensuring that consumers have access to the most recent innovations and trends in the smart crib industry.

 

Regional Segment Analysis of the Global Smart Crib Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global smart crib market over the predicted forecast period.

 

North America

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North America is anticipated to hold the largest share of the global smart crib market over the predicted forecast period. This increased demand is being driven by a variety of factors, including North American parents' growing awareness of the benefits of technology-integrated childcare products. The region's tech-savvy consumer base, which is distinguished by a high adoption rate of smart home devices, is more likely to incorporate innovative solutions such as smart cribs into their parenting routines. Furthermore, rising disposable income in North America allows parents to invest in high-end and technologically advanced baby products, boosting demand for smart cribs with features like connectivity, health monitoring, and AI-powered functionality. As the trend toward smart parenting gains traction, the North American region is expected to play an increasingly important role in shaping the global smart crib market, serving as a key market for childcare technology innovations and advancements.

 

Asia-Pacific is expected to grow at the fastest pace in the global smart crib market during the forecast period. The region's market dynamics are being fueled by an increase in birth rates and disposable income among new millennial parents. The presence of well-established manufacturers and a strong e-commerce infrastructure in the region also makes smart cribs more accessible, which contributes to rising demand.  Furthermore, rising awareness of smart juvenile products and increased demand for baby furniture have boosted market statistics in Asia Pacific. China and India are key markets for smart cribs in the region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global smart crib along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • The Happiest Baby, Inc.
  • Hatch Baby Inc.
  • SNOOZA
  • Smartbe Intelligent Stroller Inc.
  • Snoo Smart Sleeper
  • 4moms (Thorley Industries, LLC)
  • Baby Bjorn (BabyBjörn AB)
  • Sleep Number Corporation
  • Silver Cross (D.F. Holdings Ltd.)
  • Babyzen SAS
  • Chicco
  • HALO Sleep
  • Fisher-Price
  • Others 

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In Aril 2023, Happiest Baby Inc. introduced the SNOO Smart Sleeper, which allows parents to monitor their child's every move. The crib's automated rocking mechanism keeps infants flat on their backs, reducing safety risks.

 

  • In September 2023, Breathable Baby expanded the availability of Breathable Mesh Cribs and portable sleepers in honor of Baby Safety Month.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Smart Crib Market based on the below-mentioned segments: 

 

Global Smart Crib Market, By Type

  • Standard Crib
  • Convertible Crib
  • Portable Crib
  • Multi-Purpose Crib

 

Global Smart Crib Market, By Distribution Channel

  • Online
  • Offline

 

Global Smart Crib Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    The Happiest Baby, Inc., Hatch Baby Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Snoo Smart Sleeper, 4moms (Thorley Industries, LLC), Baby Bjorn (BabyBjörn AB), Sleep Number Corporation, Silver Cross (D.F. Holdings Ltd.), Babyzen SAS, Chicco, HALO Sleep, Fisher-Price, Others.
  • 2. What is the size of the global smart crib market?
    The global smart crib market is expected to grow from USD 332.2 million in 2023 to USD 610.1 million by 2033, at a CAGR of 6.27% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global smart crib market over the predicted timeframe.

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