Smart AI Toys Market is expected to offer significant growth at a CAGR of 14.7% during the forecast period 2023-2030

Sample on Global Smart AI Toys Market - Global Industry Analysis,
Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact,
SWOT Analysis, Competition and Forecasts 2022 to 2030

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Global Smart AI Toys Market, 2023-2030
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• To analyze competitive developments, such as mergers and acquisitions, new product
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Market Overview
Market Synopsis
From 2022 to 2030, the forecast period, the global market for Smart AI Toys is expected to grow from its
2022 valuation of USD 12.143 billion at a CAGR of 14.7%. The rapid adoption of the Internet of Things
has spurred the growth of smart, connected devices for a variety of applications. IoT (Internet of Things),
AI (artificial intelligence), smart devices, etc. are just some of the technologies that smart AI toys employ
to improve children's play and education. Embedded software enables voice and image recognition, app
integration, RFID functionality, and web browsing to create a unique play experience for each child. For
example, CogniToys' Dino uses Wi-Fi to stay connected and uses IBM Watson's natural language
processing technology to tailor its responses based on the child's age group and skill level.
Adoption of STEM (science, technology, engineering, and math) toys to enhance children's abilities is
one of the key factors driving the demand for smart AI toys market. Intelligently interacting with these
toys and learning from their behavior can help kids develop important professional skills like coding and
engineering. Parents always prefer products that can help their children's intellectual development,
which will further increase the adoption of smart AI toys. Companies like SmartGurlz toys teach girls
how to code. There are many elements, such as direct and two-way communication that helps
personalize the toy, real-time tracking of children's activities, and the ability to store personal data such
as the child's name, photos and voice recordings. Key factors driving the growth of Smart AI toys.
Request Sample Copy of Report “Global Smart AI Toys Market Analysis and Forecast 2022-2030”,
published by Contrive Datum Insights.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces
create pricing signals which result from the changes in the supply and demand curves for a given
product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic
factors. There are dynamic market forces other than price, demand, and supply. Decisions, market
conditions, and price signals can all be impacted by human emotions. As the market dynamics impact
the supply and demand curves, decision-makers aim to determine the best way to use various financial
tools to stem various strategies for speeding the growth and reducing the risks
Regional Outlook:
The global market for Smart AI Toys has been broken down by geography to reveal trends in different
parts of the world, including North America, Europe, Asia Pacific, Latin America, and the Middle East and
Africa (MEA). North America is likely to dominate the market with a 32.7% share. Significant sales of

smart/AI toys coming from this region are contributing to the region's growing market share. As existing
software is upgraded and AI security parameters are applied, the market for intelligent AI toys is also
expected to grow. This is supported by the fact that national governments across North America have
enacted stringent safety and improvement standards for smart toys. The United States market leads
North America in size, followed by Canada. Europe is expected to maintain its position as the world's
second largest market for smart/AI toys, behind only North America, by 2022, with a share of 20.5%.
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Market Scope
On the basis of By Type, the market has been segmented as follows:
• Smartphone Connected
• Tablet-Connected
On the basis of By Application, the market has been segmented as follows:
• Online Stores
• Specialty Stores
• Convenience Stores
On the basis of By Age, the market has been segmented as follows:
• 0-3 years
• 3-8 years
• 8-12 years
On the basis of Companies
Dream International Ltd., Integrity Toys, Inc., JAKKS Pacific Inc., Kids II, Inc.,
K’NEX Brands, Inc., Konami Corporation, LeapFrog Enterprises, Inc., Mattel, Inc.,

Fisher-Price, Inc., Playmates Toys, Inc., Sanrio Company Ltd., TOMY Company
Ltd., and others.
On the basis of Geography
• NORTH AMERICA
• EUROPE
• ASIA PACIFIC
• MIDDLE EAST AFRICA
• SOUTH AMERICA
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Smart AI Toys Market is expected to offer significant growth at a CAGR of 14.7% during the forecast period 2023-2030

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Smart AI Toys Market is expected to offer significant growth at a CAGR of 14.7% during the forecast period 2023-2030