Global Connected Toys Market Size is estimated to expand rapidly in coming years, at a CAGR of 20.15 % from 2018 to 2025. In 2017, the global market valuation was USD 5.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Connected toys are internet enabled devices with Wi-Fi, Bluetooth, and have other advanced capabilities build in. These toys, which may or may not be smart toys, provide a more personalized experience for children through embedded software that includes speech recognition and web searching functions. Adoption of educational toys such as science, technology, engineering and mathematics is expected to witness high growth in forecast period. Easy availability of connected platforms such as internet, Bluetooth and Wi-Fi will drive the market growth in forecast period. Geographically, North America is expected to be the highest growing region in the global market of connected toys.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global connected toys market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global connected toys market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Interacting Device Insights: On the basis of interacting device, global connected toys market has been segmented into Smartphone-connected toys, App-connected drones, Console-connected toys, and Tablet-connected toys. Among which app-connected drones segment is expected to be the highest growing segment in the global market of connected toys. Modern technology has resulted high end and high efficient smart devices which can fly using Wi-Fi or a Bluetooth connection. Toys for kids from the age group of 9-12 years are expected to dominate the global market due to their interest in fast paced games, to play musical instruments, use tablet, and listening to the music

By Configuration Insights: On the basis of configuration, global connected toys market has been segmented into Bluetooth, Wi-Fi, and Internet. Among which internet connected toys are expected drive the global market in forecast period. These days internet services are available everywhere, kids can play their toys even outside of their premises. These type of toys are expected to generate high revenue in forecast period. This kind of toys are designed specifically for kids aged between 9–12 years, and the to adjust their skill level and keep them challenged and entertained for years, and increase their understanding capacity.

Regional Analysis

The global Connected toys market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span due to early adoption and manufacturing of connected toys working on artificial intelligence, machine learning, voice and speech recognition techniques. Technical advancements and the presence of key manufacturers are some of the reasons behind market uplifting. Asia Pacific region is expected to witness high growth in the market in the upcoming time period. Emerging companies from countries such as China, India and Japan are focusing on improving their manufacturing by introducing wide base for machine learning and artificial intelligence. Large population and conducive environment of advancement will lead the global market to witness great profit in Asia Pacific region. Europe is anticipated to dominate the global connected toys market over the projected period majorly owing to high demand from kids and toys manufacturing companies, better technological connectivity and ease of raw material and highly cost-effective business strategies.

Global Connected Toys Market Size, Share Analysis By Region 2017

Global Connected Toys Market Study Objective

1. To forecast the market size of connected toys market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of connected toys market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3.  To analyze and elaborate significant factors that will have a major impact on the growth of connected toys market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of connected toys market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the connected toys market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions

Key Players Landscape

Hasbro, LEGO Group, Sphero, Sony, PLAYMOBIL, BANDAI NAMCO, K'NEX, Konami, Wonder Workshop, PlayFusion, Anki, WowWee,  DXTR Labs, and Leka are some of the key players in the market of connected toys.

Global Connected Toys Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.