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Advanced baby monitor market analyst says the latest trend gaining momentum in the market is Product bundling to create product differentiation. Product bundling is a marketing strategy, where players offer one or more services or products together at a combined price. This is less than the sum of the individual prices. The strategy behind product bundling is to create product differentiation to enhance customer value. The audio, audio and video, and baby movement monitors available in the market offer only a particular set of functionalities. However, the key players in the market are focusing on providing holistic bundled solutions that combine audio, video, and movement functionalities.Complete report on Advanced Baby Monitor market spread across 72 pages, analyzing 12 major companies with table of content are now available at http://www.reportsnreports.com/reports/1154403-global-advanced-baby-monitor-market-2017-2021.html .
According to the advanced baby monitor market report, one of the major drivers for this market is Innovation in product feature and design. Various players in the market are focusing on innovation in product feature and design. They are focusing on product differentiation to break away from conventional under-the-mattress designs and capture a larger market share. Advanced baby monitors are movement monitors that form a relatively new product category in the baby monitor market, which includes a wide of range of audio and video monitors. However, rapid innovation and funding of new start-ups in the movement monitor category have led to the introduction of products with advanced functionalities such as heart activity, oxygen level, and temperature monitoring. Product differentiation provides tech-savvy consumers additional value.
The following companies as the key players in the global advanced baby monitor market: Angelcare, Hisense, Mayborn Group, and Snuza International. Other prominent vendors in the market are: iBabyGuard International, Jablotron, Mattel, MonDevices, Owlet Baby Care, Respisense, Rest Devices, and Safetosleep.
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Global Advanced Baby Monitor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global advanced baby monitor market for 2017-2021. To calculate the market size, the report considers the sales of advanced baby monitors of various players in the market.
Further, the advanced baby monitor market report states that one of the major factors hindering the growth of this market is Concern about safety of using advanced baby monitors. The concern among parents on the safety of using baby movement monitors is hindering the growth of the market. Although advanced baby monitors track the breathing and movements of the infants, the use of these devices also poses certain risks. For instance, most baby movement monitors employ wireless network connectivity for parental convenience. The electromagnetic radiations emitted by these devices may pose health hazards to the baby. Along with risks of strangulation and radiation, parents are also concerned about the additional functionalities offered by movement monitors such as heart activity and oxygen-level monitoring. Some consumers believe that such detailed monitoring only creates paranoia, which can hinder the adoption of these products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this Advanced Baby Monitor market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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