Smart Toys Market – Industry Analysis and Forecast (2019-2026)
Maximize Market Research's latest report, " Global Smart Toys Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
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 %.
Global Smart Toys Market Overview
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.
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Global Smart Toys Market Major Market Players
• 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.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Smart Toys Market by Types and Applications:
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
The report has covered the market size by country (regions) for the global Smart Toys market. Segment by Application. The Smart Toys Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Smart Toys Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Smart Toys Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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