Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.94 Billion | USD 42.59 Billion | 12.8% | 2024 |
FrequentlyAsked Questions
The global smart toys market is expected to grow due to increasing consumer preference for interactive and educational toys, advancements in ai and iot, and rising digitalization of children's entertainment.
According to a study, the global smart toys market size was worth around USD 12.94 Billion in 2024 and is expected to reach USD 42.59 Billion by 2034.
The global smart toys market is expected to grow at a CAGR of 12.8% during the forecast period.
North America is expected to dominate the smart toys market over the forecast period.
Leading players in 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), among others.
The report explores crucial aspects of the smart toys market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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