The global “Smart Toys Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Smart Toys Market Size, Share and Global Trend By Technology (Wi-Fi, Bluetooth, RFID or NFC), By Distribution Channel (Toy Shops, E-Commerce or Online Stores, Offline Stores, Specialty Stores) and By Geography Forecast till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Smart Toys Market share, types, applications, growth factor, key players and regions.
Key Industry Development:
November 2017 – Partnership between Hasbro Inc. and Mattel, Inc. for providing Barbie robotics engineering facilities. This robot is enabled with AI technology which has six free coding lessons for kids to help them to grow intellectually.
- A comprehensive overview of the Smart Toys Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Smart Toys Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
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List of Top Key Manufacturers for Smart Toys Market:
- Dream International
- Peguino Ltd.
- Hasbro Inc.
- Jakks Pacific
- Kids II Inc.
- KNEX Industries Inc.
- Dash Robotics
- Bots Alive Robot Toys
- Konami Corporation
- Leapfrog Entertainment
- The Lego Group
- Mattel Inc.
“Indian-based “Robotix” launches Smart Toys for Toddlers”
In 2018, an Indian company “Robotix” announced the launch of a series of programmable smart toys for kids. The toys were aimed at providing an interactive learning experience for kids between the ages of 3 to 7. The launch of tangible coding or simply ‘TaCo’ Robotrix will allow kids to think and interact creatively. The TaCo Robotrix will create exposure to challenges and tasks, at a very early stage and allow them to explore their potential to the maximum.
In a world of healthy competition, essentially in all parts of the world, parents seem to willingly buy smart toys for children, with the aim of preparing them at a tender age. Robotix’s smart toys have had a huge impact on the ever-increasing population of India and these toys are likely to stimulate the growth of the global market in the near future.
Some of the Key Questions Answered in this Report:
- Detailed Overview of Smart Toys Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Smart Toys Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Smart Toys Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Smart Toys Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Smart Toys Market demand?
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Regional Analysis for Smart Toys Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Smart Toys Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Smart Toys Market Research Report:
- Executive Summary
- Market Dynamics
- Key Smart Toys Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Smart Toys Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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