Global Smart Toys Market

By Author: Rupali Dagade
Total Articles: 132
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Global Smart Toys Market was valued US$4.07 n in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of XX %.

Growth of the smart toys market is primarily due to the growing awareness of technology, internet, etc. which encourages children to play with them. Changing lifestyle, advancement in artificial intelligence drives the smart toys market. Increasing urban population and rapidly growing smart toy consumers in emerging countries such as China and India are the key factors projected to fuel the growth of the smart toys market during the forecast period. Security and privacy become the main concern for smart toys market. Government policy on the value and the price of the products may hinder the global smart toys market growth over the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will ...
... help decision makers to prepare the outline for short term and long term strategies for companies by region.

Global smart toys market can be segmented on the basis of type, technology, and distribution channel. Based on type includes app-enabled mechanical toys, screen less toys, voice or image recognition toys, puzzles and building games, toys-to-life, health-tracking toys or wearable, and others. Increasing demand for app-enabled mechanical toys is projected to experience high CAGR during the forecast period. Voice or image recognition toys segment accounted for 31% market share in 2017. On basis of technology, smart toys market is classified into Wi-Fi, Bluetooth, RFID or NFC. Advancement in technology to develop innovative and interactive toys fuels smart toys market growth in coming years.

Global smart toys market can be segmented on the basis of type, technology, and distribution channel. Based on type includes app-enabled mechanical toys, screen less toys, voice or image recognition toys, puzzles and building games, toys-to-life, health-tracking toys or wearable, and others. Increasing demand for app-enabled mechanical toys is projected to experience high CAGR during the forecast period. Voice or image recognition toys segment accounted for 31% market share in 2017. On basis of technology, smart toys market is classified into Wi-Fi, Bluetooth, RFID or NFC. Advancement in technology to develop innovative and interactive toys fuels smart toys market growth in coming years.

Distribution channel segment includes toy shops, e-commerce or online stores, offline stores, specialty stores, and others. The toy shop segment dominated the global smart toys market in 2017. Offline stores include mass stores, supermarkets, etc. Consumers most possibly select offline stores sector that is looking for smart toys. Growing awareness about e-commerce and online sales also sets a notable impact on smart toys market. It is anticipated to account for the highest CAGR over coming years.

In terms of region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. North America is projected to lead the global smart toys market during the forecast period. High technology oriented toys also requires active and flexible IT support, which is available in majority of the companies in the region.

key players operating in the global smart toys market such as Integrity Toys, Inc., Dream International Ltd., Kids II, Inc., JAKKS Pacific Inc., Konami Corporation, K’NEX Brands, Inc., Mattel, Inc., LeapFrog Enterprises, Inc., Fisher Playmates Toys, Inc., Price, Inc., TOMY Company Ltd., and Sanrio Company Ltd.

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Scope of Report Global Smart toys Market:

Global Smart toys Market, by Type:

• Screen less toys
• App-enabled mechanical toys
• Voice or image recognition toys
• Health-tracking toys or wearable
• Toys-to-life
• Puzzles and building games
Global Smart toys Market, by Technology:

• Wi-Fi
• Bluetooth
• RFID
Global Smart toys Market, by Distribution Channel:

• Toy shops
• E-Commerce Or Online Stores
• Offline Stores
• Specialty Stores
Global Smart toys Market, by Region:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Global Smart toys Market:

• Integrity Toys, Inc.
• Dream International Ltd.
• Kids II, Inc.
• JAKKS Pacific Inc.
• Konami Corporation
• K’NEX Brands, Inc.
• Mattel, Inc.
• LeapFrog Enterprises
• Fisher Playmates Toys, Inc
• Price, Inc., TOMY Company Ltd.
• Sanrio Company Ltd.

This report submitted by Maximize market Research Company

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