Germany Smart Clock Market Size & Outlook, 2018-2025
- Consumer Goods
- Consumer Electronics & Appliances
- Smart Clock Market Outlook
- Consumer Electronics & Appliances
Germany Smart Clock Market, 2016-2025 (US$M)
Global Market
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Germany smart clock market highlights
- The Germany smart clock market generated a revenue of USD 37.6 million in 2018 and is expected to reach USD 179.5 million by 2025.
- The Germany market is expected to grow at a CAGR of 25% 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 37.6 million |
| Market revenue in 2025 | USD 179.5 million |
| Growth rate | 25% (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, Germany accounted for 8.0% 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 Europe, Germany smart clock market is projected to lead the regional market in terms of revenue in 2025.
- UK is the fastest growing regional market in Europe and is projected to reach USD 133.0 million by 2025.
Consumers in Germany are adopting smart devices increasingly owing to the benefits that these devices offer such being energy efficient and remote-controlled. The percentage of smart appliance users is growing steadily in the country.
The voice-assistant services have gained significant popularity in Germany. In July 2019, Google updated its official Assistant support that supports French and German language in Lenovo Smart Clock.
The owners of Lenovo Smart Clock can change their smart clock's language to French and German. This development is expected to boost the demand for smart clock in Germany over the forecast period.
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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 |
Germany 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 44.95% in 2018.
Horizon Databook has segmented the Germany smart clock market based on specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2025.
Consumers in Germany are adopting smart devices increasingly owing to the benefits that these devices offer such being energy efficient and remote-controlled. The percentage of smart appliance users is growing steadily in the country.
The voice-assistant services have gained significant popularity in Germany. In July 2019, Google updated its official Assistant support that supports French and German language in Lenovo Smart Clock.
The owners of Lenovo Smart Clock can change their smart clock's language to French and German. This development is expected to boost the demand for smart clock in Germany over the forecast period.
- Germany Smart Clock Market Distribution channel Outlook (Revenue, USD Million , 2016-2025)
- Specialty Stores
- Online
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Smart Clock Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Smart Clock Market Outlook from 2016 to 2025, including revenue numbers, major trends, and company profiles.
Germany Smart Clock Market, 2016-2025 (US$M)
Germany smart clock market statistics, by distribution channel, 2016-2025 (Thousand Units)
