Electronic Educational Toys Market: Introduction

[121 Pages] In 2016, the Global Electronic Educational Toys Market Size was valued at US$ 88.8 billion will exceed USD XX. XX billion in 2020 and will exhibit USD xx Billion up to 2025 in coming years. The average growth of global market is excepted to XX. XX% CAGR from 2017-2025, as reported in the latest study by our industry experts and analysis.

Electronic toys have gained immense popularity in last two decades due to their multi-purpose nature that serves children with educational and informative games, entertainment, and others. Electronic educational toys market is rising as they are becoming an effective means of teaching for children. These toys help children in their overall development which include emotional, social, physical and cognitive development.

Global Electronic Educational Toys Market Demand Analysis, By Regional  (2017-2025)

Electronic Educational Toys Market: Dynamics

Electronic educational toys market is anticipated to rise at a CAGR of 4.1% over the forecast period, owing to increased acceptance of digitalization and technology by children, coupled with enhancement in electronic toy manufacturers across the globe. Rising expenditure over kids entertainment due to the beneficial learning offered by these toys, and advancement in sensor and control system technology is expected to contribute majorly in the growth of electronic educational toys market. Furthermore, rising number of sources for distribution of electronic educational toys and rising e-commerce is expected to affect the market positively in the upcoming years. However, rising inclination of children towards smartphone games and video games, can hinder the growth of the market over the forecast period. Expanded use of some toys that can have direct negative effect on eye-sight of a child can also restrain the growth of the market.

Electronic Educational Toys Market: Segment Analysis 

Rechargeable battery educational toys are expected to be holding the major revenue share over the forecast period, as it is durable and are more energy efficient in the longer run. Rechargeable toys are most cost-effective as they can be easily charged at home through power sources and there is no need to replace them with new toys until they are serving the purpose. Rising focus of manufacturers on developing rechargeable toys are expected to boost the growth of the segment.

On the basis of distribution channel, online stores are expected to hold the dominance in the electronic education toys market, owing to increased customer preference in online shopping, coupled with availability of a wide choice of toys across online stores and channels. The discount offered by online stores is another reason for the growth of the segment.

Electronic Educational Toys Market: Regional Analysis

North America is anticipated to be leading in the global electronic educational toys market due to high consumer spending power in the region, coupled with presence of prominent market players in the region. Busy schedule of parents in the region is another region for the growth of the electronic educational toys market in North America, as they are an effective means of learning for growing children and kids.

Asia Pacific is another region which is projected to be growing swiftly in electronic educational toys market over the forecast period, owing to rising electronic toys manufacturing sector in countries such as China and Japan. Changing lifestyle of people and increasing spending power on kids entertainment is another reason for the growth of the region.

Electronic Educational Toys Market: Key Players

Major players operating in global electronic educational toys market are VTech Holdings Ltd., Funko, Agglo Corporation Limited, Mothercare, Mattel, Kiwi Baby, Learning Resources, LEGO, Geoffrey LLC., Engino, and Estrela.

Electronic Educational Toys Market Report Offer You!

Global Electronic Educational Toys Market Size 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.

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