Connected Toys Industry: Growth and Market Share Outlook for 2029

[mayuri kathade]

Connected Toys Market Overview

Conducting thorough exploration into the Connected Toys Market, Maximize Market Research has diligently examined market trends, value, market share, and pivotal insights. This research Endeavour seeks to empower users with the tools to dissect the Connected Toys market and make well-informed decisions. The report encompasses historical data and trends, which offer a valuable resource for new market entrants. Furthermore, it presents strategic recommendations aimed at fostering the expansion of the global Connected Toys market.

Delving into the competitive landscape, the report employs diverse analyses to facilitate the formulation of strategic approaches. It also encompasses comprehensive Connected Toys market expansion strategies. The research has adeptly identified key players in the global arena, delivering invaluable insights into their presence and influence.

Connected Toys Market Value :

Connected Toys Market value is projected to reach US$ 53.83 Bn at the end of the forecast period and it is expected to grow at the CAGR of 24.3%.

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Connected Toys Market Scope and Methodology

The Connected Toys Market report provides insights into current trends and key highlights, enabling clients to explore lucrative opportunities within the market. The report also includes estimations of market size and growth rates during the forecast period. Regional market analysis is conducted at the local, regional, and global levels to provide a holistic view. The competitive landscape is examined by considering various parameters including product offerings, revenue generation, technological advancements, and mergers and acquisitions. The report employs a bottom-up approach for Connected Toys Market estimation. Data is collected through primary and secondary databases, with both qualitative and quantitative analysis. Primary data is obtained through surveys, questionnaires, and telephonic interviews with Connected Toys market leaders and business owners. Secondary data is collected from annual reports, industry journals, government organizations' websites and white papers.

The report utilizes research tools such as SWOT, PESTLE, and Porter's Five Forces Analysis for in-depth market analysis. SWOT analysis helps organizations gain a comprehensive understanding of factors that impact business decisions in the market, while PESTLE analysis provides insights into growth targets and risks affecting market productivity. Overall, the report serves as a valuable guide for investors, stakeholders and market followers, assisting them in making informed decisions within the Connected Toys Market.

Connected Toys Market Regional Insights

Regional analysis is conducted to assess the status of the Connected Toys market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Connected Toys market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area. The report provides a comprehensive analysis of various factors, including market size, growth rate, and import-export activities, across different regions.

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Connected Toys Market Segmentation

According to the analysis, the 8-12 age group would have the greatest market share of the worldwide connected toys market by 2029. Connected toys are popular among children aged 8 to 12 because they enjoy playing fast-paced games, playing musical instruments, using tablets, and so on.

STEM toys, on the other hand, assist children in developing complex problem-solving skills and demonstrating their personalities. Toys for 8-12 year old children are specifically designed to improve their IQ, problem-solving skills, creativity, and help them learn about the world around them.

by Interacting Device

• App-Connected Drones
• Smartphone-Connected Toys
• Console-Connected Toys
• Tablet-Connected Toys

by Technology

• Wi-Fi
• Bluetooth
• RFID or NFC

by Age Group

• 2-5 years
• 6-8 years
• 8-12 years
• Teenagers

by Distribution Channels

• Toy Shops
• E-Commerce/Online Stores
• Offline Stores
• Specialty Stores
• Others

Connected Toys Market Key Players

• Leka Inc.
• Mattel Inc.
• Playmobil
• Sony Corporation
• Sphero Inc.
• The Lego Group
• Wonder Workshop
• BANDAI NAMCO
• Konami
• PlayFusion
• Anki
• WowWee
• DXTR Labs
• Ozobot
• Tech EdVentures
• Makeblock Co. Ltd.
• JAKKS Pacific
• Moose Toys
• Spin Master

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Key questions answered in the Connected Toys Market are:

• What are the upcoming industry applications and trends for the Connected Toys Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Connected Toys Market?
• What major challenges could the Connected Toys Market face in the future?
• What segments are covered in the Connected Toys Market?
• Who are the leading companies and what are their portfolios in Connected Toys Market?
• What segments are covered in the Connected Toys Market?
• Who are the key players in the Connected Toys market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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