China Smart Clock Market Size & Outlook, 2018-2025
- Consumer Goods
- Consumer Electronics & Appliances
- Smart Clock Market Outlook
- Consumer Electronics & Appliances
China Smart Clock Market, 2016-2025 (US$M)
Global Market
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China smart clock market highlights
- The China smart clock market generated a revenue of USD 33.6 million in 2018 and is expected to reach USD 170.5 million by 2025.
- The China market is expected to grow at a CAGR of 26.1% 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.
Smart clock market data book summary
| Market revenue in 2018 | USD 33.6 million |
| Market revenue in 2025 | USD 170.5 million |
| Growth rate | 26.1% (CAGR from 2018 to 2025) |
| Largest segment | Online |
| Fastest growing segment | Specialty Stores |
| Historical data | 2016 - 2017 |
| Base year | 2018 |
| Forecast period | 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, China accounted for 7.2% of the global smart clock market in 2018.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China smart clock market is projected to lead the regional market in terms of revenue in 2025.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 82.7 million by 2025.
Moreover, China contributes a major share of the market owing to high demand from the consumer and rising technological transformation over past few years. Key market players are adding innovative products in order to gain maximum customer base.
For instance, in August 2019, Xiaomi Corporation launched a new product in the series under the brand name ‘Xiao AI Touchscreen Speaker Box’. The product is featured with a customizable clock face, fourinch display, coupled with an alarm function which can be used with either video or music.
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Smart Clock Market Scope
Smart Clock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Lenovo Group Ltd | View profile | 71,090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | www.lenovo.com |
| SDI Group PLC | View profile | 500 | Nuffield Road, Beacon House, Cambridge, United Kingdom, CB4 1TF | www.thesdigroup.net |
| Kickstarter | View profile | 51-100 | Brooklyn, New York, United States, North America | www.kickstarter.com |
China 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 Outlook will help companies and investors design strategic landscapes.
Online was the largest segment with a revenue share of 52.38% in 2018.
Horizon Databook has segmented the China smart clock market based on specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2025.
Moreover, China contributes a major share of the market owing to high demand from the consumer and rising technological transformation over past few years. Key market players are adding innovative products in order to gain maximum customer base.
For instance, in August 2019, Xiaomi Corporation launched a new product in the series under the brand name ‘Xiao AI Touchscreen Speaker Box’. The product is featured with a customizable clock face, fourinch display, coupled with an alarm function which can be used with either video or music.
- China Smart Clock Market Distribution channel Outlook (Revenue, USD Million , 2016-2025)
- Specialty Stores
- Online
- Others
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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 China Smart Clock Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Smart Clock Market Outlook from 2016 to 2025, including revenue numbers, major trends, and company profiles.
China Smart Clock Market, 2016-2025 (US$M)
China smart clock market statistics, by distribution channel, 2016-2025 (Thousand Units)
