Discover insights into the Global Smart Toys Market set to grow at CAGR of around 15.4% from 2024-30.

Latest Market Study report by MarkNtel Advisors: Leading market research company, Title “Global Smart Toys Market- By Technology (Wi-Fi, Bluetooth, Others (RFID, NFC, etc.)), By Distribution Channel (Online, Stores)” and other forecast 2024-30”.

This thorough report takes a close look at the industry, covering important areas like the Smart Toys Market Size, how much it's growing, its development, and the top companies involved. It explores what's pushing the market forward, using data from the past, present, and future, as well as new trends, updates in technology, key insights, recent changes, potential challenges, and other factors that will impact the industry's future direction.

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Smart Toys Market Trends:

Increasing Demand for AI and IoT-Enabled Smart Toys – The rising inclination of consumers toward AI and IoT-enabled smart toys has been gaining significant traction in recent years. This has been attributed to the better engaging capability of these toys, which has been helping children improve their cognitive, problem-solving, and communication skills. Also, these toys have the capacity to recognize voice and children's activities, owing to which they offer a better interactive experience to the children. Hence, these toys have been largely preferred among consumers over the recent years. Also, observing this rising inclination of parents, companies across the globe have significantly started investing in the research & development of new and better AI-enabled Smart toys, which would offer highly immersive experiences to children.

Smart Toys Industry Segmentation:

By Technology

• Wi-Fi- Market Size & Forecast 2019-2030, USD Million
• Bluetooth- Market Size & Forecast 2019-2030, USD Million
• Others (RFID, NFC, etc.)- Market Size & Forecast 2019-2030, USD Million

By Distribution Channel

• Online- Market Size & Forecast 2019-2030, USD Million
• Stores- Market Size & Forecast 2019-2030, USD Million

By Age Group

• 2 to 5 Years- Market Size & Forecast 2019-2030, USD Million
• 6 to 8 Years- Market Size & Forecast 2019-2030, USD Million
• 9 to 12 Years- Market Size & Forecast 2019-2030, USD Million
• >12 Years- Market Size & Forecast 2019-2030, USD Million

By Application

• Entertainment- Market Size & Forecast 2019-2030, USD Million
• Education- Market Size & Forecast 2019-2030, USD Million

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Dividing the Smart Toys market into various sections gives a brief snapshot. It aids businesses in grasping customer preferences and their locations. By segmenting the market into smaller categories based on buying behaviors and geography, companies can enhance their business tactics. This overview provides a simple roadmap to comprehend the market better.

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Competitor Insight – Leading Global Smart Toys Market Player

• TOSY Robotics
• Wonder Workshop, Inc.
• Indiegogo, Inc.
• Sphero, Inc.
• MORAVIA Consulting Spol. s r.o.
• Innokind, Inc.
• Pillar Learning
• WowWee Group Limited, Pilot Laboratories, Inc.
• Mattel Inc.
• MobilizAR Technologies Pvt. Ltd.
• Robo Wunderkind
• Learning Resources Ltd.
• UBTECH ROBOTICS CORP LTD.
• Others

In this market competitor analysis section, we assess the performance of various companies relative to each other. We analyze their strong points and areas for improvement to grasp who is excelling and why. This enables us to discern which strategies are effective and what adjustments may be necessary to maintain competitiveness.

If you require specific details not currently covered in the report, we will gladly provide them to you as part of our customization services. Please click the and ask our analyst for customized report- https://www.marknteladvisors.com/query/request-customization/smart-toys-market.html

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