Europe Smart Toys Market Size- By Type, By Technology, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Smart Toys Market Introduction and Overview
According to SPER market research, ‘Europe Smart Toys Market Size – By Type, By Technology, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Smart Toys Market is predicted to reach USD XX billion by 2033 with a CAGR of 14.76%.
Toys that integrate technology into play and enable children to engage with them are known as smart toys. Toys that stimulate children’s creativity are known as smart toys; these might be either by recommending unstructured play or by responding creatively to their actions. Smart toys typically respond in three different ways to a child’s actions: they may move, play music, or light up.
The COVID-19 pandemic significantly changed consumer behavior and industry dynamics in the European smart toy market. The implementation of social distancing measures and widespread lockdowns has resulted in a spike in the market for instructional and entertaining home goods, such as smart toys. Toys with integrated technology and interactive features are becoming more and more popular among parents who wish to educate and involve their kids at home.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Technology, By Distribution Channel
Regions covered Germany, France, Italy, Spain, UK, Rest of Europe
Companies CoveredGeobra Brandstätter Stiftung & Co. KG, Hasbro, Inc., Konami Holdings Corporation, LEGO Group (KIRKBI A/S), Mattel, Inc., Pillar Learning, Primo toys, Sega Sammy Holdings, Inc. (Sega Toys Co., Ltd.), Tomy Company, Ltd., VTech Holdings Limited, Others.
Europe Smart Toys Market Segmentation:By Type:Based on the Type, Europe Smart Toys Market is segmented as; Robots, Interactive Games, Educational Robots.
By Technology:Based on the Technology, Europe Smart Toys Market is segmented as; Wi Fi, Bluetooth, RFID or NFC, Others.
By Distribution Channel:Based on the Distribution Channel, Europe Smart Toys Market is segmented as; Offline Retail Stores, Online.