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Continued Growth in the Worldwide Market for Portable, Electronic-Based Edutainment Toys
Business Wire, May 7, 2008
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c91090) has announced the addition of "Continued Growth in the Worldwide Market for Portable, Electronic-Based Edutainment Toys" to their offering.
Today's child is incredibly comfortable using technology. As a result, young children now represent a key target demographic for digital consumer electronic (CE) products. There are a number of children's toys on the market today that incorporate digital technology. In fact, one of the fastest growing segments in the overall toy industry is the edutainment market. Edutainment toys aim to educate while they entertain, and sophisticated digital technology, such as 3D graphics and wireless capability, is now being incorporated into edutainment toys.
The worldwide market for edutainment toys reached $2.35 billion in 2007. We expect this figure to reach $9 billion by 2012. The growth in the edutainment toy segment is taking place as the costs of microprocessors and memory chips drop significantly. We believe that semiconductor companies now have an opportunity to leverage existing, portable multimedia solutions in order to power products found in the price-sensitive edutainment toy market.
Our latest report includes worldwide forecasts for unit shipments, average sales price, and revenues for electronic-based, edutainment toys. It offers company profiles for the leading edutainment toy manufacturers, such as LeapFrog and VTech, and provides a composite semiconductor forecast for a typical edutainment toy on the market today.
Companies Mentioned:
Fisher-Price
KidTronics
Hasbro
PLAYSKOOL VIDEONOW JR Portable Video Player
LeapFrog Enterprises
Screen-Based Products
FLY Pentop Computer
Sega Toys
PICO
CoCoPad Learning System
VTech
V.Smile TV Learning System
V.Smile Pocket
V.Flash
V.Smile Baby
ARC International
For more information, visit http://www.researchandmarkets.com/reports/c91090
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