The size of the global market for smart toys is anticipated to grow significantly over the course of Toys Market Size is anticipated to reach USD 275.65 billion by 2030, registering a CAGR of 5.2% from 2022 to 2030. Children of all ages engage in interactive play while playing with smart toys that use artificial intelligence (AI) technology. Smart toys market size have a number of potential benefits, such as helping kids with different learning activities, playing, developing creative ideas, and problem-solving abilities. Smart devices range from robotic companions to smart speakers that can recognise, communicate, and engage with kids. The adoption of cutting-edge technologies like smart home appliances and technologies like IoT, AI, etc. is being driven by the rise in disposable incomes among people around the world, particularly among consumers in developing economies like India, Canada, Mexico, the Middle East countries, and others.