Smart Toys Market – Global Opportunities & Forecast, 2020-2027
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
For Additional Insights, Click to Access Complete Report https://www.gmiresearch.com/report/global-smart-toys-market/
The report offers detailed profile and
data information analysis of the leading companies in the Smart Toys Market:
·
Mattel Inc
·
Hasbro Inc
·
Dream International
·
The Lego Group
·
JAKKS Pacific Inc
·
Leap-Frog Enterprises Inc
·
Kids II Sanrio Company Ltd.
·
Activision Blizzard Inc
·
Seebo Interactive Ltd
·
Wow Wee Group Ltd
·
Genesis Toy Co. Ltd
The key drivers of the Smart Toys Market
are as follows:
The increasing awareness among the parents
for offering technology-based toys to enhance the mental and physical skill
sets of their children is a key factor that is driving the growth of the global
smart
toys market. The rising disposable income, particularly in the developing
countries, will surge the market demand during the forecast period. The major
manufacturers mainly emphasize on developing innovative and interactive toys to
capture the parents' changing demand. Moreover, the availability of a large
range of smart toys for indoor and outdoor sports and educational purposes
promotes end-users to opt for these toys. The smart toys enable the development
of the analytical skills of the children by helping them think critically and
creatively using advanced technologies. The increasing usage of augmented
reality (AR) in toys, such as the launch of AR coloring activity books and AR
activity box sets, is attracting a new customer base into the market. On the
other hand, the high cost of these toys will hinder the growth of the market in
the upcoming years.
On the basis of region, the North America
region is projected to dominate the market during the forecast period due to
the increasing adoption of the advanced technological system in the toy
industry, coupled with the rising disposable income level of the consumers in
this region. Moreover, the Asia-pacific region is anticipated to grow at a
higher CAGR during the forecast period due to the continuous growth in the
population base of children in Asian economies.
The study objectives of this report are:
1.
To study and forecast the size
of the market.
2.
To analyze the key players,
SWOT analysis, value, and market share for the leading players.
3.
To define, describe, and
forecast the market by different segments.
4.
To analyze the market potential
and advantage, opportunity and challenge, restraints and risks.
Segmentation of the Smart Toys Market:
Breakup by Type:
·
Robots
·
Interactive Games
·
Educational Robots
Breakup by Distribution Channel:
·
Online
·
Speciality Stores
·
Toy Shops
·
Others
Breakup by End-User:
·
Toddlers
·
Pre-Schoolers
·
School-going
·
Stripling
Breakup by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
About GMI
Research
Company Name: GMI RESEARCH
Email: enquiry@gmiresearch.com
Phone: +353 1 442 8820
Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial
Estate
City: Dublin
State: Dublin
Country: Ireland
Website: https://www.gmiresearch.com/
Comments
Post a Comment