U.K. Smart Clock Market Size & Outlook, 2018-2025
- Consumer Goods
- Consumer Electronics & Appliances
- Smart Clock Market Outlook
- Consumer Electronics & Appliances
U.K. Smart Clock Market, 2016-2025 (US$M)
Global Market
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UK smart clock market highlights
- The UK smart clock market generated a revenue of USD 26.4 million in 2018 and is expected to reach USD 133.0 million by 2025.
- The UK market is expected to grow at a CAGR of 26% 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 26.4 million |
| Market revenue in 2025 | USD 133.0 million |
| Growth rate | 26% (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, UK accounted for 5.6% 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.
The number of smart device ownership is rising remarkably in the country. Smart speaker, smart lighting, and smart security devices have significant popularity among the consumers. Several house builders, such as Kier Living homes, in the U.K are offering smart devices.
This will boost the market growth for smart clock in the upcoming years. Furthermore, the increased number of internet user in the country has been driving the demand for the product. As per the data released by the World Bank, around 95% of the U.K.
population uses internet as of 2018. This will impact the market positively by raising the adoption rate of smart devices including smart clock across the nation.
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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 |
U.K. 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 48.48% in 2018.
Horizon Databook has segmented the U.K. smart clock market based on specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2025.
The number of smart device ownership is rising remarkably in the country. Smart speaker, smart lighting, and smart security devices have significant popularity among the consumers. Several house builders, such as Kier Living homes, in the U.K are offering smart devices.
This will boost the market growth for smart clock in the upcoming years. Furthermore, the increased number of internet user in the country has been driving the demand for the product. As per the data released by the World Bank, around 95% of the U.K.
population uses internet as of 2018. This will impact the market positively by raising the adoption rate of smart devices including smart clock across the nation.
- U.K. 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 U.K. Smart Clock Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Smart Clock Market Outlook from 2016 to 2025, including revenue numbers, major trends, and company profiles.
U.K. Smart Clock Market, 2016-2025 (US$M)
UK smart clock market statistics, by distribution channel, 2016-2025 (Thousand Units)
