Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12,525.1 Million | USD 33640.6 Million | 17.9% | 2021 |
FrequentlyAsked Questions
The increasing working women population and rising technological proliferation are major trends that guide smart toys market growth.
According to the Market Research report, the global smart toys market was worth about US$ 12,525.1 million in 2021 and is predicted to grow to around US$ 33640.6 million by 2028, with a compound annual growth rate (CAGR) of around 17.9 percent.
North America region leads the global smart toys market in terms of revenue and volume share and is anticipated to maintain this dominant position over the forecast period.
Some of the main competitors dominating the global smart toys market include -- Mattel (US), Hasbro (US), LEGO Group (Denmark), Sphero (US), Sony (Japan), PLAYMOBIL (Germany), BANDAI NAMCO (Japan), K'NEX (US), Konami (Japan), Wonder Workshop (US), PlayFusion (UK), Anki (US), WowWee (Hong Kong), DXTR Labs (Denmark), and Leka (France)
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