Smart and AI Educational Toys Expected for a CAGR Growth of 15.97% by 2030: HTF Market Intelligence

Doha, Qatar, August 21, 2024: The global market for smart and AI educational toys is expected to mark a notable expansion, with a projected compound annual growth rate (CAGR) of 15.97% by 2030, as per a new market study by HTF Market Intelligence.

This growth is attributed to the rapid advancements in artificial intelligence, robotics, and other highly sophisticated interactive technologies, which fuel innovation in the educational and smart toy sectors.

The report anticipates the market size will grow by billions of USD by 2030, indicating the growing demand for these interactive learning tools that blend play with education.

AI-based smart toys, as you might know, are well known for perfectly adapting to individual learning styles and preferences, offering personalized feedback, and keeping kids engaged in various educational activities, from coding robots to interactive storybooks.

Prominent players in the smart AI toy market include VTech, Hasbro, Melissa & Doug, Clementoni, and LeapFrog, among others. The market study gives insights into their strategies and market positioning. Geographically, the market analysis covers regions like North America, South America, Europe, Asia-Pacific, and the Middle East & Africa.

The News Source: HTF Market Intelligence

Author: Shakira Husna Muhammed Saleem

Shakira Husna, Co-Founder and Managing Director of BravoKids, is a passionate advocate for a Play and Learn World. Through her innovative range of educational toys, tools, and programs, Shakira inspires children to explore, be curious, and be creative, all while preserving the essence of childhood. Get in touch with her on LinkedIn here. View all posts by Shakira Husna Muhammed Saleem