Advance Market Analytics released the research report of Global Smart Toys Market, offers a detailed overview of the factors influencing the global business scope. Smart Toys Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Smart Toys. This Report covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Dream International (China), Jakks Pacific (United States), Hasbro Inc. (United States), Kid ii Inc. (United States), Playmobil (United States), The Lego Group (Denmark), Mattel Inc. (United States), KNEX Industries Inc. (United States), Konami Corporation (Japan) and Leapfrog Entertainment (United States).
Smart toys consists of its own intelligence and behaves as per the pattern. These smart toys are connected to the internet or cloud. The smart toys enhances the skills of the children and also improves the professional skills such as coding, programming and engineering. In addition, it is also used for the education and learning purpose. Moreover, the smart toys are installed with speech recognition and speech synthesizers which are implemented in software and hardware. Hence, these are increasing the demand of smart toys.
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Market Trend: Rising usage of augmented reality in toys is increasing the demand. The augmented reality helps in improvement of analytical and reasoning skills of children. The companies are looking to launch the AR based toys such as AR activity box sets. Hence, the rising usage of technology will further fuel the demand of smart toys in upcoming years.
- Rising Concerns of Children Spending Time of Digital Devices is leading to Increase in Promotion of Smart Toys
- Increasing Popularity of Smart Toys among the Children
- High Costs Associated with the Smart Toys Due to the Involvement of Technology
- Security and Privacy Concerns May Affect the Market Growth
- Increasing Disposable Income in Emerging Economies
- Technological Advancements in Smart Toys
Market Leaders and their expansionary development strategies
In August 2019, Hasbro has announced to acquire entertainment one adding brands. This acquisition will strengthen the position in global play and Entertainment.
The Global Smart Toys Market segments and Market Data Break Down are illuminated below:
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), End Users (Toddlers, Pre-Schoolers, School-going, Stripling), Distribution Channel (Online Market, Specialty Stores, Toy Shops, Others), Connectivity (Wi-Fi, Bluetooth, RFID)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Smart Toys Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Smart Toys market
Chapter 2: Exclusive Summary – the basic information of the Smart Toys Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Smart Toys
Chapter 4: Presenting the Smart Toys Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Smart Toys market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Smart Toys Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Smart Toys Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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