UK Smart Toys Market Size & Outlook, 2024-2030
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UK smart toys market highlights
- The UK smart toys market generated a revenue of USD 834.5 million in 2023 and is expected to reach USD 1,681.7 million by 2030.
- The UK market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, interactive games was the largest revenue generating product in 2023.
- Educational Toys is the most lucrative product segment registering the fastest growth during the forecast period.
Smart toys market data book summary
| Market revenue in 2023 | USD 834.5 million |
| Market revenue in 2030 | USD 1,681.7 million |
| Growth rate | 11.1% (CAGR from 2024 to 2030) |
| Largest segment | Interactive games |
| Fastest growing segment | Educational Toys |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interactive Games, Educational Toys, Robots |
| Key market players worldwide | VTech Holdings Ltd, Mattel Inc, The LEGO Group, Hasbro Inc, Berkshire Hathaway Inc Class A, Sphero |
Other key industry trends
- In terms of revenue, UK accounted for 6.7% of the global smart toys market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK smart toys market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,281.7 million by 2030.
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Smart Toys Market Scope
Smart Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sphero | View profile | 101-250 | Boulder, Colorado, United States, North America | http://www.sphero.com/ |
| The LEGO Group | View profile | 10001+ | Billund, Syddanmark, Denmark, Europe | http://www.lego.com |
| VTech Holdings Ltd | View profile | 19500 | Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, Hong Kong | https://www.vtech.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Hasbro Inc | View profile | 5502 | 1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, United States, 02861 | https://www.hasbro.com |
| Mattel Inc | View profile | 33000 | 333 Continental Boulevard, El Segundo, CA, United States, 90245-5012 | https://corporate.mattel.com |
UK smart toys 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 toys market will help companies and investors design strategic landscapes.
Interactive games was the largest segment with a revenue share of 78.37% in 2023. Horizon Databook has segmented the UK smart toys market based on interactive games, educational toys, robots covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of UK smart toys market databook
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Our clientele includes a mix of smart toys market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK smart toys market , including forecasts for subscribers. This country databook contains high-level insights into UK smart toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK smart toys market report size, by product, 2018-2030 (US$M)
UK Smart Toys Market Outlook Share, 2023 & 2030 (US$M)
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