Connected Toys Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2030

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Connected Toys Market Size Worth USD 36.63
Billion 2030
Shift toward two-working-parent households giving
rise to monitoring and tracking of toy devices is
a significant factor driving global connected
toys market revenue growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global connected toys market size is expected
to reach USD 36.63 Billion at a steady revenue
CAGR of 20.9 in 2030, according to the latest
analysis by Emergen Research. Shift toward two
working parents giving rise to the monitoring and
tracking of toy devices can be attributed to the
steady market revenue growth of connected toys.
In OECD countries in 2019, the average percentage
of working mothers was 70.9. 45.6 of
two-partner households have both partners
employed full-time. In the EU in 2020, 72.2 of
mothers were employed, compared to 90.0 of
fathers. In Australia, the majority of parents
worked in 2021. Of single parents, 63.9 had
jobs. In 78.4 of those households, the single
mother was employed. In 69.9 of two-parent
families with children, both parents were
employed. In the U.K. in 2019, 75.1 of mothers
and 92.6 of fathers were employed. Compared to
only 4.8 of males, 28.5 of moms reported
working fewer hours due to childcare. Hence,
owing to the increase in number of
two-working-parents there is a rise in demand for
connected toys to help monitor and track their
children, which is in turn driving market revenue
growth. A recent trend in the market is the use
of virtual drone games. For instance, playing
virtual drone games with the Epson Moverio AR
glasses is now possible owing to a new game from
Epson. Users can practice their drone flying
skills in the games (developed by a company named
EdgyBees) in an augmented reality environment. An
individuals drone's camera captures a
first-person perspective of the sky that is
overlaid with a simulated obstacle course. Users
can play against other players in the
multi-player mode as well. Read More
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nnected-toys-market
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Market Summary
Some Key Highlights From the Report On 5 October
2022, Square Off, a company that creates
Artificial Intelligence (AI)-driven automated
board games, purchased the majority of Miko, an
AI robotics business for children. Existing
investors have been completely evicted from
Square Off by Miko, who has acquired a 70
interest in the company. Miko's product line will
now go beyond AI robot companions as a result of
the acquisition. Children ages five and older can
have fun while learning with Miko's namesake kid
robots. The entertainment segment is expected to
lead in terms of revenue share in the global
market over the forecast period. Toys with
advanced features such as facial or voice
recognition can engage children by answering
their questions or imitating their activities.
Examples include iPads, programmable robots, and
interactive dolls. The interactive nature of
these features keeps kids interested and amused.
The 1-5 years segment is expected to account
for a large revenue share over the forecast
period. A few of the connected toy innovations
designed for older kids are networked fidget
spinners and digitalized stacking games. more
complex technologies have been produced, allowing
toy companies to produce virtual elements in
their products for younger children as well owing
to the development of virtual reality. It is only
natural for technology to be included in
time-tested play formats as society advances.
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Market Summary
Emergen Research has segmented the global
connected toys market on the basis of
application, age group, distribution channel, and
region Application Outlook (Revenue, USD
Million 20192030) Education Entertainment Other
Applications Age Group Outlook (Revenue, USD
Million 20192030) 1-5 Years 6-8 Years 9-12
Years Teenagers (13-19 Years) Distribution
Channel Outlook (Revenue, USD Million
20192030) Online Offline                    
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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