The global smart connected diapers market is estimated to garner a revenue of USD 2848.0 Million by the end of 2030 by growing at a CAGR of 14.0% over the forecast period, i.e., 2021 – 2030. Moreover, the market generated a revenue of USD 780.8 Million in the year 2020. The growth of the market can be attributed to the growing demand for diapers amongst the geriatric and new born population. Over the years, the count of geriatric population as well as new born have grown significantly. According to the statistics by the World Bank, the population aged 65 and above as a share of total population increased from 7.567% in the year 2010 to 9.321% in the year 2020.
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