Connected Toys Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2030
December 26, 2022 ⚊ 1 Min read ⚊ Views 56 ⚊ BUSINESS
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.
Tags: Connected Toys Market
