Smart Toys Market size is expected to reach USD 34.13 billion by 2028
Smart Toys Industry Overview The global smart toys market size is expected to reach USD 34.13 billion by 2028, based on a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.5% from 2021 to 2028. The rise in disposable income, coupled with the growing demand for coding skills, is fueling the growth of the market. The growing importance of coding and STEM learning in schools and other organizations is propelling the demand for smart toys. The use of educational robots in classrooms for storytelling and play-to-learn interactive tablet toys help in delivering superior gaming and learning experience to students and players. Smart Toys Market Segmentation Grand View Research has segmented the global smart toys market based on product, distribution channel, and region: Based on the Product Insights, the market is segmented into Interactive Games, Robots, Educational Robots The interactive games segment held the largest revenue sha...