Global Connected Toys Market Report 2021: Market to Reach $18.9 Billion by 2027 – Console-Connected Toys is Projected to Account for $7.7 Billion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Connected Toys – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Connected Toys Market to Reach $18.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Connected Toys estimated at US$ 5.6 Billion in the year 2020, is projected to reach a revised size of US$ 18.9 Billion by 2027, growing at a CAGR of 19% over the analysis period 2020-2027.

Console-Connected Toys, one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$ 7.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smartphone-Connected Devices segment is readjusted to a revised 19.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 18.3% CAGR

The Connected Toys market in the U.S. is estimated at US$ 1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 3.3 Billion by the year 2027 trailing a CAGR of 18.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.8% and 16.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.

App-Connected Drones Segment to Record 20.6% CAGR

In the global App-Connected Drones segment, USA, Canada, Japan, China and Europe will drive the 20.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 777.1 Million in the year 2020 will reach a projected size of US$ 2.8 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 2.3 Billion by the year 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Global Competitor Market Shares
• Connected Toys Competitor Market Share Scenario Worldwide (in %): 2020E
• Global Competitor Market Shares by Segment

2. FOCUS ON SELECT PLAYERS (Total 36 Featured):

• Anki
• Bandai Namco
• DXTR Labs
• Hasbro
• K’NEX
• Konami
• LEGO Group
• Leka
• Mattel
• PlayFusion

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World 7-Year Perspective for Console-Connected Toys by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for Smartphone-Connected Devices by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for Smartphone-Connected Devices by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for App-Connected Drones by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for App-Connected Drones by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for Tablet-Connected Toys by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for Tablet-Connected Toys by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for 2-5 Years by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for 2-5 Years by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for 6-8 Years by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for 6-8 Years by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
• World Current & Future Analysis for 9-12 Years by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Current & Future Analysis for Teenagers by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/f3fr8w

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