The North America Smart Clock Market would witness market growth of 16.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 3,763.1 thousand units, showcasing a growth of 16.4% (2019-2022).
The ability to initiate calls, provide traffic updates and weather forecasts, wirelessly charge mobile phones, and much more are just some of the functions that these can perform. In addition, they are compatible with items that are used for home automation, such as devices that control lights, fans, air conditioners, televisions, and other electrical appliances. More and more firms are releasing technologically superior items in response to the growing market share of wireless consumer electronics. The market for luxury household items, such as smart clocks, is anticipated to increase as Internet of Things (IoT) awareness rises and as living standards improve.
Smart clocks, akin to their traditional counterparts, serve as efficient timekeepers. However, what sets them apart is the ability to customize the display, allowing users to personalize their timekeeping experience. From choosing different clock faces to displaying personalized notifications, these offer flexibility that was once unimaginable in traditional timepieces. One of the pivotal applications that has fuelled the growth of the market is its integration with health and fitness features. These clocks have sensors and algorithms to monitor various health metrics, including heart rate, sleep patterns, and physical activity.
North America has a high rate of technological adoption, with consumers often quick to embrace new and innovative products. According to the Canadian government, in 2020, e-commerce was the highest non-store distribution channel in Mexico, totalling US$16.2 billion (70.5%) in non-store retailer sales. In 2020, the percentage of Mexican households with access to the internet was 58.4%. The expansion of e-commerce provides consumers in Mexico with increased access to a wide variety of products, including these. The convenience of browsing and purchasing online enhances the overall accessibility of these devices. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Smart Clock Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $708.4 million by 2030. The Canada market is experiencing a CAGR of 19.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.2% during (2023 - 2030).
Free Valuable Insights: The Smart Clock Market is Predict to reach $2.8 Billion by 2030, at a CAGR of 17.2%
Based on Distribution Channel, the market is segmented into Online, Specialty Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon.com, Inc.
- SDI Technologies, Inc.
- Lenovo Group Limited
- Emerson Electric Co.
- Sony Corporation
- Koninklijke Philips N.V.
- Panasonic Holdings Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Google LLC (Alphabet Inc.)
- Bose Corporation
North America Smart Clock Market Report Segmentation
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
- Online
- Specialty Stores
- Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Clock Market, by Distribution Channel
1.4.2 North America Smart Clock Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities:
3.2.4 Market Challenges:
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Smart Clock Market by Distribution Channel
4.1 North America Online Market by Country
4.2 North America Specialty Stores Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Smart Clock Market by Country
5.1 US Smart Clock Market
5.1.1 US Smart Clock Market by Distribution Channel
5.2 Canada Smart Clock Market
5.2.1 Canada Smart Clock Market by Distribution Channel
5.3 Mexico Smart Clock Market
5.3.1 Mexico Smart Clock Market by Distribution Channel
5.4 Rest of North America Smart Clock Market
5.4.1 Rest of North America Smart Clock Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Amazon.com, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.1.5 SWOT Analysis
6.2 SDI Technologies, Inc.
6.2.1 Company Overview
6.2.2 SWOT Analysis
6.3 Lenovo Group Limited
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Emerson Electric Co.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Product Launches and Product Expansions:
6.4.6 SWOT Analysis
6.5 Sony Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Partnerships, Collaborations, and Agreements:
6.5.5.2 Product Launches and Product Expansions:
6.5.6 SWOT Analysis
6.6 Koninklijke Philips N.V.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Partnerships, Collaborations, and Agreements:
6.6.6 SWOT Analysis
6.7 Panasonic Holdings Corporation
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.7.5 SWOT Analysis
6.8 Samsung Electronics Co., Ltd. (Samsung Group)
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 SWOT Analysis
6.9 Google LLC (Alphabet Inc.)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 SWOT Analysis
6.10. Bose Corporation
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Product Launches and Product Expansions:
6.10.3 SWOT Analysis
TABLE 1 North America Smart Clock Market, 2019 - 2022, USD Million
TABLE 2 North America Smart Clock Market, 2023 - 2030, USD Million
TABLE 3 North America Smart Clock Market, 2019 - 2022, Thousand Units
TABLE 4 North America Smart Clock Market, 2023 - 2030, Thousand Units
TABLE 5 North America Smart Clock Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 6 North America Smart Clock Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 7 North America Smart Clock Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 8 North America Smart Clock Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 9 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Online Market by Country, 2019 - 2022, Thousand Units
TABLE 12 North America Online Market by Country, 2023 - 2030, Thousand Units
TABLE 13 North America Specialty Stores Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Specialty Stores Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Specialty Stores Market by Country, 2019 - 2022, Thousand Units
TABLE 16 North America Specialty Stores Market by Country, 2023 - 2030, Thousand Units
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 20 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 21 North America Smart Clock Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Smart Clock Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Smart Clock Market by Country, 2019 - 2022, Thousand Units
TABLE 24 North America Smart Clock Market by Country, 2023 - 2030, Thousand Units
TABLE 25 US Smart Clock Market, 2019 - 2022, USD Million
TABLE 26 US Smart Clock Market, 2023 - 2030, USD Million
TABLE 27 US Smart Clock Market, 2019 - 2022, Thousand Units
TABLE 28 US Smart Clock Market, 2023 - 2030, Thousand Units
TABLE 29 US Smart Clock Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 US Smart Clock Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 US Smart Clock Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 32 US Smart Clock Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 33 Canada Smart Clock Market, 2019 - 2022, USD Million
TABLE 34 Canada Smart Clock Market, 2023 - 2030, USD Million
TABLE 35 Canada Smart Clock Market, 2019 - 2022, Thousand Units
TABLE 36 Canada Smart Clock Market, 2023 - 2030, Thousand Units
TABLE 37 Canada Smart Clock Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 38 Canada Smart Clock Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 39 Canada Smart Clock Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 40 Canada Smart Clock Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 41 Mexico Smart Clock Market, 2019 - 2022, USD Million
TABLE 42 Mexico Smart Clock Market, 2023 - 2030, USD Million
TABLE 43 Mexico Smart Clock Market, 2019 - 2022, Thousand Units
TABLE 44 Mexico Smart Clock Market, 2023 - 2030, Thousand Units
TABLE 45 Mexico Smart Clock Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 46 Mexico Smart Clock Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 47 Mexico Smart Clock Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 48 Mexico Smart Clock Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 49 Rest of North America Smart Clock Market, 2019 - 2022, USD Million
TABLE 50 Rest of North America Smart Clock Market, 2023 - 2030, USD Million
TABLE 51 Rest of North America Smart Clock Market, 2019 - 2022, Thousand Units
TABLE 52 Rest of North America Smart Clock Market, 2023 - 2030, Thousand Units
TABLE 53 Rest of North America Smart Clock Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Rest of North America Smart Clock Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Rest of North America Smart Clock Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 56 Rest of North America Smart Clock Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 57 Key Information – Amazon.com, Inc.
TABLE 58 Key Information – SDI Technologies, Inc.
TABLE 59 Key Information – Lenovo Group Limited
TABLE 60 Key Information – Emerson Electric Co.
TABLE 61 Key Information – Sony Corporation
TABLE 62 Key Information – Koninklijke Philips N.V.
TABLE 63 Key Information – panasonic holdings corporation
TABLE 64 Key Information – Samsung Electronics Co., Ltd.
TABLE 65 Key Information – Google LLC
TABLE 66 Key Information – Bose Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Smart Clock Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart clock Market
FIG 4 Porter’s Five Forces Analysis - Smart Clock Market
FIG 5 North America Smart Clock Market share by Distribution Channel, 2022
FIG 6 North America Smart Clock Market share by Distribution Channel, 2030
FIG 7 North America Smart Clock Market by Distribution Channel, 2019 - 2030, USD Million
FIG 8 North America Smart Clock Market share by Country, 2022
FIG 9 North America Smart Clock Market share by Country, 2030
FIG 10 North America Smart Clock Market by Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Amazon.com, Inc.
FIG 12 SWOT Analysis: SDI Technologies, Inc.
FIG 13 SWOT Analysis: Lenovo Group Limited
FIG 14 Swot Analysis: EMERSON ELECTRIC CO.
FIG 15 SWOT Analysis: Sony Corporation
FIG 16 SWOT Analysis: Koninklijke Philips N.V.
FIG 17 SWOT Analysis: Panasonic Holdings Corporation
FIG 18 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 19 SWOT Analysis: Google LLC
FIG 20 SWOT Analysis: Bose Corporation