Parents who want to both hear and see their baby will naturally opt for a video monitor. Video monitors are particularly great for those with older babies learning to stand in their cribs or toddlers transitioning to a bed who'd much rather play than sleep. They're also a good pick for parents who need to keep tabs on more than one child, as many video monitors will allow the parent unit to toggle between multiple cameras.
I did recently downloaded Baby Monitor by Annie from Apple store and it works great! Don't really need to buy the expensive monitoring devices as with two children, I don't have much money to waste really. Of course it's for the safety of the children, so it's not really a waste, although I can easily use this app and it does everything what the big baby monitors do and even more. I've just used my old ipad as the second device placed near my LO.
If you sleep in the same room as your baby or live in a small enough space that you can always hear or see what your baby is up to, you probably don’t need a monitor. Otherwise, most parents enjoy the convenience a baby monitor provides—instead of needing to stay close to the nursery or constantly checking on your child, you’re free to rest, catch up on Netflix or get things done around the house during naptime. Monitors can also double as a nanny cam to keep an eye on your child and their caretaker.