Market revenue in 2018 | USD 89.8 million |
Market revenue in 2025 | USD 462.1 million |
Growth rate | 26.4% (CAGR from 2018 to 2025) |
Largest segment | Online |
Fastest growing segment | Specialty Stores |
Historical data covered | 2016 - 2017 |
Base year for estimation | 2018 |
Forecast period covered | 2019 - 2025 |
Quantitative units | Revenue in USD million |
Market segmentation | Specialty Stores, Online |
Key market players worldwide | Amazon.com Inc, SDI Group PLC, Lenovo Group Ltd, Kickstarter |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart clock market will help companies and investors design strategic landscapes.
Online was the largest segment with a revenue share of 62.58% in 2018. Horizon Databook has segmented the Asia Pacific smart clock market based on specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2025.
China holds a major share of the market owing to high demand from the consumer and rising technological transformation over past few years. Over the past few years, Asia Pacific is moving towards the digital transformation and driving the technology trends across the globe.
The region has some of the most technology driven countries including China, Japan, South Korea, Singapore, and India. These technology giant countries are introducing the cutting edge technology in the home automation and smart gadgets.
Major technology companies including Lenovo Group Limited are heavily focusing on adapting emerging technologies and digital transformation in order to gain the maximum customer penetration. These industry trends are anticipated to boost the demand for smart clocks in the region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific smart clock market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific smart clock market from 2016 to 2025, including revenue numbers, major trends, and company profiles.
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