![]() ![]() Despite the new monitoring technologies being expensive and not a mandatory feature, millennial parents get more excited about adopting them to make their parenting more convenient and are the early technology adopters in the market. Over the past 3-4 years, technology has become more obvious in parenting, where monitoring the baby's health in real time has been a breakthrough. Millennials are a generation who are more accustomed to data, metrics, and real-time information in everyday life. The modern parenting trend is also transforming nurseries into connected data centers. The new-age millennial parents are adopting smart technology for their babies. ![]() Millennials tend to be more tech-savvy and knowledgeable. Moreover, millennial parents are choosing smart technologies for their babies, and the demand for smart baby monitors is expected to rise from millennial parents in countries like the US, Germany, China, and France. Innovations and technological advancements regarding child safety and care have significantly fueled the demand for smart baby monitors. The connectivity with mobile apps has significantly propelled the growth of smart devices and smart baby monitors. People are moving towards smart baby monitors for convenience and ease in caring for an infant. IoT technology in smart baby monitors allows parents to look for their children to listen to their sounds while working. People want to digitalize their homes and take additional infant safety measures with modern technologies like IoT. People are shifting toward smart homes, and their appetite for IoT and smart home technologies is growing. One of the key trends in the baby monitors market is the rising shift towards smart homes. The baby monitor market by revenue is expected to grow at a CAGR of 15.45% from 2022 to 2028. 17, 2023 /PRNewswire/ - The "Baby Monitor Market - Global Outlook & Forecast 2023-2028" report has been added to 's offering. ![]()
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