Connected Toys - Industry Analysis, Covid-19 Impact of Market

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Umieszczone 2023-03-06 06:43:09

The Global Connected Toys Market research report provides a thorough overview of the most current innovations and changes in the Connected Toys industry, using 2020 as the base year and the forecast period of 2021–2030. The research provides insightful information on the industry's size, share, sales channels, distribution system, market segmentation, consumer needs, market trends, and growth prospects. The market's expansion on a national and international level is also covered in the study.

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 COVID-19 pandemic's effects on the Connected Toys market and its key segments are examined in the research. In numerous important locations, the market's growth has been significantly hampered by supply chain interruptions and economic uncertainty. On the basis of the COVID-19 crisis, the study provides a thorough analysis of market size, market share, and market growth as well as its projection for the years ahead. The recent COVID-19 problem and its effects on the world market are examined in the study. The paper examines the pandemic's current and potential effects as well as the post-pandemic commercial environment.

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The study provides a thorough examination of the global Connected Toys market on a regional and global level, as well as a projection for the industry for the next eight years. The market's drivers, restrictions, limitations, growth prospects, challenges, opportunities, and current and upcoming trends are all thoroughly covered in the report. In-depth analysis of the market participants' businesses, product portfolios, technical breakthroughs, expansion plans, financial status, and international positions is also provided in the study. It also gives light on the competitive landscape's joint ventures, partnerships, product launches, brand promotions, business and government relationships, licencing agreements, and other types of collaborations.

Leading companies operating across the global Connected Toys market:

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

The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player.

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The report also provides an in-depth analysis of the applications and product types offered in the market.

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

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Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type & applications

Chapter 9: Current and Future Trends

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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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