ICT & Electronics Global Baby Wireless Monitor Market Outlook | Page 3

market. Further, growing popularity of video baby monitors by product type in
North America region is projected to flourish the growth of baby wireless
monitor market.
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Swelled disposable income
Rising personal disposable income coupled with increasing purchasing power of
the consumer has led to invest more on innovative and advanced gadgets for
monitoring purposes is one the major factor fuelling the growth of baby wireless
monitor market across the globe. Moreover, increasing expenditure on baby care
products is also believed to foster the growth of baby wireless monitor market by
2024.
Technological advancement in baby monitoring
Swift advancement in baby monitoring technology and increase in number of
working parents in developed and developing countries such as U.S. and others
along with growing concern regarding watching baby activities are the dynamic
factor behind rapid growth of baby wireless monitor market. Furthermore, rising
usage of online retailers for baby products has led the consumer to get wide range
of baby monitoring products which is likely to supplement the growth of baby
wireless monitor market.
On the contrary, lack of awareness regarding baby wireless monitor in developing
and underdeveloped nations is expected to hamper the growth of baby wireless
monitor market.