Latin America Smart Clock Market Size & Outlook, 2018-2025
Latin America smart clock market, 2016-2025 (US$M)
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Latin America smart clock market highlights
- The Latin America smart clock market generated a revenue of USD 36.8 million in 2018.
- The market is expected to grow at a CAGR of 22.8% from 2019 to 2025.
- In terms of segment, online was the largest revenue generating distribution channel in 2018.
- Specialty Stores is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2019 to 2025.
Latin America data book summary
| Market revenue in 2018 | USD 36.8 million |
| Market revenue in 2025 | USD 155.6 million |
| Growth rate | 22.8% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.9% of the global smart clock market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 462.1 million by 2025.
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Smart Clock Market Scope
Smart Clock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America smart clock market outlook
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 60.6% in 2018. Horizon Databook has segmented the Latin America smart clock market based on specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2025.
The increasing government initiatives to IoT deployment, rising focus on the smart city development, increasing internet penetration, and increased use of smartphones are encouraging consumers to adopt smart devices in the region.
The growth of the IoT will impact the sales of smart home applications, including smart clock over the forecast period.
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Target buyers of Latin America smart clock market databook
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Our clientele includes a mix of smart clock market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America smart clock market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America smart clock market from 2016 to 2025, including revenue numbers, major trends, and company profiles.
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Latin America smart clock market size, by country, 2016-2025 (US$M)
Latin America Smart Clock Market Outlook Share, 2018 & 2025 (US$M)
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