Connected Toys Market forecasted to obtain $13.8 billion by 2024, at a CAGR of 19.3%

According to new market research report "Connected Toys Market by Interacting Device (Smartphone-Connected Toys, App-Connected Drones, Console-Connected Toys, and Tablet-Connected Toys), Age Group (2–5 Years, 6–8 Years, 9–12 Years, and Teenagers), Region – Global Forecast to 2024", The connected toys market is expected to grow from USD 5.7 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The major factors driving the connected toys market include the rising adoption of STEM among kids and widespread and easy availability of connected platform.

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