Leading Smart Toys Country Markets Databank
The Smart Toys market was valued at $10,530.0 Million in 2020, and is projected to reach $42,238.5 Million by 2029 growing at a CAGR of 16.75% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $3,622.3 Million in 2020, and is anticipated to reach $12,062.2 Million by 2029, registering a CAGR of 14.35%. Asia-Pacific is anticipated to reach $13,819.7 Million by 2029 with the highest CAGR of 18.96%. North America and Europe collectively expected to account for about 63.7% share of the Smart Toys market in 2020, with the former constituting around 34.4% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 18.96% and 17.77% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 56.9% in the overall Smart Toys market in 2020, and is anticipated to reach 64.5% by 2029.
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