Smart Toys Market - Here’s Why That’s A Good Thing
The smart toys market was valued at USD 3.2 Bn in 2021. The market is projected to grow USD 5.6 Bn in 2030, at a CAGR of 2.6%. Smart toys are toys that interact with the kid while enhancing play via the use of technology. Smart toys are those that engage children in these interactions by either suggesting open play or acting in a way which encourages the creativity in the child. Smart toys often respond to a child's actions with one of three distinct sorts of responses, such as light, sound, or movement. Since they contain a volatile or non-volatile memory units, microprocessor, and input & output devices, smart toys are capable of having artificial intelligence. They include a translator and speech recognition that can be readily integrated into a software/platform and hardware. Smart toys have several sensors built in that allow them to respond to the environments and become more realistic as a result. Request for a Sample Report Here: https://www.extrapolate.com/sample/Reta