The global smart AI toy market size accounted for USD 2,251 million in 2024 and is expected to exceed around USD 8,567 million by 2034, growing at a CAGR of 14.3% from 2024 to 2034.
The smart AI toys market is a prominent branch of the ICT industry. This industry deals in the manufacturing and distribution of AI-enabled toys for children. There are various types of AI-based toys available in the market, comprising robots, interactive games, educational robots, and some others. These toys are based on several technologies such as Wi-Fi, Bluetooth, RFID or NFC, and others. The growing consumer preferences towards smart toys for enhancing problem-solving skills have fostered market expansion. This market is expected to rise significantly with the growth of the consumer goods industry across the globe.
The rise in the number of e-commerce platforms has enabled people to choose smart toys from a wide range of products according to their preferences, thereby boosting market growth. Also, toy manufacturing companies have started integrating generative AI in toys to perform advanced features, which is playing a major role in shaping the industry. Moreover, the increased demand for these toys from various end-users such as toddlers, preschoolers, school-going, stripling, and others is anticipated to drive the growth of the smart AI toys market. The growing application of smart AI toys for educational and therapeutic services is expected to create ample growth opportunities for market players in the upcoming days.
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| Stats ID: | 7596 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7596 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
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