Connect with us

Hi, what are you looking for?

Smart Toys Market Projected to Hit USD 107.02 Billion at a CAGR of 26.0% CAGR by 2030

Market Research Future Insights

According to MRFR analysis, the global Smart Toys market is expected to register a CAGR of ~26% from 2022 to 2030 and hold a value of over USD 107.02 Million by 2030.

Children of all ages engage in interactive play while playing with smart toys that use artificial intelligence (AI) technology. Smart toys have several potential benefits, such as helping kids with different learning activities, playing, and developing creative ideas, and problem-solving abilities. Smart devices range from robotic companions to smart speakers that can recognize, communicate, and engage with kids. Smart toys go beyond the primary purpose of toys, which is to amuse children, and may offer many advantages to those kids who use them. Children can develop their social skills, for instance, by playing with smart toys that respond to their actions immediately. Additionally, children who interact with smart toys get the ability to think creatively and imaginatively while employing their imaginations, stimulating discovery, and learning skills necessary to survive in the modern digital world. Additionally, some smart toys provide education in the STEM fields of science, technology, engineering, and math as programming and the fundamentals of artificial intelligence, which widen and deepen children’s investigations. They also aid in the development of motor skills, which is particularly beneficial for kids with learning disabilities.

Request a sample of this research report @ https://www.marketresearchfuture.com/sample_request/10813

Regional Analysis:

Asia-Pacific is expected to have the fastest growth in the worldwide Smart Toys market for smart toys, primarily because of the region’s rapid digital transformation, expanding internet penetration, increased use of 5G & 4G LTE services, and other factors. The area is also one of the biggest consumers of consumer electronics, such as smartphones, tablets, and laptops, which raises expectations for the growing market for smart toys.

Market Segmentation:

The global Smart Toys market has been segmented into Type, Technology, Application, and End-user.

Based on Type, the Smart Toys market has been segmented into Robots, Interactive Games, and Educational Robots.

Based on Technology, the Smart Toys market has been segmented into Wi-Fi, Bluetooth, RFID, or NFC.

Based on Application, the Smart Toys market has been segmented into Online/Ecommerce Stores, Specialty Stores, and Toy Shops.

Based on End-user, the Smart Toys market has been segmented into Toddlers, Preschoolers, School-going, and Stripling.

Browse Full Report: https://www.marketresearchfuture.com/reports/smart-toys-market-10813

Market Segmentation:

As per the type:

  • Robots
  • Educational robots
  • Interactive games

As per the end-user:

  • Toddlers
  • School-going
  • Stripling
  • Preschoolers

As per the technology:

  • Wi-Fi
  • RFID
  • NFC
  • Bluetooth

Check Discount: https://www.marketresearchfuture.com/check-discount/10813

Key Players:

Some of the key Smart Toys market players are Innokind Inc, Twin Science, APF France handicap (Leka Smart Toys), playshifu.com, Fat Brain Toys, LLC, ROYBI Robot, LuxAI, Funvention Learning Pvt. Ltd, DJI, Mattel, The LEGO Group, Smartivity Labs, and SEGA.

Browse Related Reports:

Follow Us: LinkedIn | Twitter

Contact

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

You may also like:

Tech & Science

Don’t be too surprised to see betting agencies getting involved in questions like this: “Would you like to make billions on new tech?” is...

Tech & Science

A growing wave of ‘firetech’ companies and related technologies – from drones to AI to robots – are being deployed across Canada. Is the...

Business

Image: - ©AFP Wakil KOHSARA group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank’s lending capacity...

Life

China manufactures around 70 percent of the world's sex toys, most of it the "hardware" on display at the fair.