According to a new report, published by KBV research, The Global Smart Clock Market size is expected to reach $2.8 billion by 2030, rising at a market growth of 17.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 17,103.4 thousand units, experiencing a growth of 16.9% (2019-2022).
The Specialty Stores segment is experiencing a CAGR of 16.7% during (2023 - 2030). Specialty electronics retailers often have a dedicated section for smart devices, including smart clocks. Examples include Fry's Electronics (in the United States), MediaMarkt (in Europe), and JB Hi-Fi (in Australia). Specialty gadget stores, especially those focusing on innovative and tech-savvy products, may carry a variety of smart clocks. These stores often curate their inventory to appeal to tech enthusiasts and early adopters. Stores specializing in smart home products may carry smart clocks as part of their selection.
Full Report: https://www.kbvresearch.com/smart-clock-market/
The North America region dominated the Global Smart Clock Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $988.7 million by 2030. The Europe region is anticipated to grow at a CAGR of 16.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 18.1% during (2023 - 2030).
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
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