The slightly late entry of Apple smart watch into the market can be a great challenge to prove itself in the market. United Arab Emirates, Copyright © Future Market Insights. The compatibility concerns regarding operating systems will hamper the market growth. The Smart Watch research report provides analysis and information according to market segments such as geographies, product type, application, aircraft brake type, and sales channel. Smart Shoe Market North America accounts for the largest market share owing to superior quality of life in the region due to high disposable income. Smart watches are typically used as a companion device. Smartwatch Market is expected to rise to an estimated value to grow with the healthy CAGR of 17.7% in the forecast period of 2019-2026. In 2018, the integrated segment had a significant market share, … - Apple Inc. North America is estimated to account for largest share in the global Smart Watch market owing to the rising fitness activities and health consciousness among end-users in the U.S. and Canada. We use cookies for a better user experience. Facto Market Insights (FMI), added a title on “Smartwatch Market – 2020-2025” to its collection of market research reports. A well designed smart watch can be used as an extension for a smartphone or related device. - Titan Ltd o China 1. The … A smartwatch is a wrist-worn wearable device and provides functionalities far beyond those of a traditional wristwatch. Smartwatch Market is anticipated to reach USD XX.X MN by 2026, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. o United Kingdom How is big is the global smartwatch market size? Smart watches provide the greatest benefits when they are connected to the Internet and Bluetooth. For example, smartwatches are being preferred by runners, gym-goers, cyclers, athletes, and swimmers due to their capability to monitor daily activities, thus aiding in improving their performance level. Similar to smartphones, smart watches use touchscreens, offer apps, and often record heart rate and other vital signs. o South Africa The global COVID-19 epidemic has caused severe disruption in the various regions across the globe. Top players such as Apple, Samsung, Maritime, Sony, and Pebble are counting on their R&D spending as a prioritized strategy to increase their market shares in the global market. - Samsung Electronics Co. Ltd Segmentation by Operating System: They are one of the latest developments in the evolution of information technology. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market. Latin America and Middle East & Africa are anticipated to witness moderate growth rate during the forecast period. Segmentation by Application: - Personal Assistance The Smart Watch market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The increase in data dependency among end users and huge investments in building smart cities by the government of various countries are the key success areas that bolster the demand for smart wearable devices. - Sony Corporation Plot No: JLT-PH2-X2A, Our analysis also considers the sales of the smartwatch in APAC, Europe, North America, South America, and MEA. A smart watch is a wrist-worn wearable electronic device that offers features far beyond those of a conventional watch. The study provides an in-depth analysis, current trends, and future estimations of the Smartwatch market to elucidate the imminent investment pockets. - Garmin Ltd The GMI Research's latest analysis reveals that the Smartwatch Market is slated to register a significant CAGR over the forecast period. GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. This is attributed to the rising disposable income, growing health awareness among consumers, high adoption of smartphones, and the easy availability of fast internet connectivity solutions. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market … Smartwatch Market Analysis In 2013 the global smartwatch market’s estimated value was 702.5 million. - Standalone As technologies continue to evolve and merge in an ever changing digital world, a number of theoretical models have been proposed to study the user’s adoption of new technologies. - Lenovo Group Limited As per the smartwatch market statistics, the increasing initiatives taken by multiple governments to fuel the IoT technology are also surging the growth of the global smartwatch market. - North America | Profile, Source: GMI RESEARCH PVT LTD - Huami Corporation Additionally, rising emphasis on connected devices and smart systems among several industries, and growing demand for connected ecosystem are projected to offer significant opportunities for smart watch market globally. - Asia Pacific - Fossil Group Inc. Regional Drivers o Rest of APAC It is need to be paired with a smartphone through Bluetooth and NFC (near-field communication) technologies. The Market Analysis entails a section solely dedicated for Major Players in the Global Kids’ Smartwatch Market wherein our analysts provide an insight to the financial statements of all the major players along with its key developments product bench-marking and SWOT analysis. Furthermore, the high adoption of smartphones and the easy availability of fast internet connectivity solutions will further boost the growth of the smartwatch market size. 2. Request for a FREE Sample Report on Smartwatch Market For instance, more than 10,000 apps are currently available for iOS and more than 4,000 apps for Android. It also contains projections using a suitable set of assumptions and methodologies. The shipment of Apple smartwatch has increased by 36% since 2018. The global smartwatch market is segmented on the basis of product, application, operating system, and region. o Saudi Arabia Security Policy | Terms of Service | Privacy Policy | Report Abuse, Smartwatch Market Share, Size, Trends Analysis & Industry Forecast Report, 2020-2027, Request for a FREE Sample Report on Smartwatch Market, Copyright © 2005 - 2021 - SBWire, a service of ReleaseWire LLC. The prominent players are collaborating with resellers and suppliers to penetrate in the market through the right selection of the channel, region, and target customers. As per our market analysis report, the worth of the global smartwatch market size has been estimated at USD 48.44 Billion in 2020 and projected to reach USD 130.92 Billion by 2025, registering a CAGR of approximately 18.32% during the forecast period. 1602-6 Jumeirah Bay X2 Tower, Some of the key participants identified in the global Smart Watch market are: The Smart Watch research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. DUBLIN, DUBLIN -- -- 03/03/2021 -- Smartwatch Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)Key Drivers The global smartwatch market is predicted to witness an upsurge in demand during the forecast period due to the rising disposable income and growing health awareness among consumers. - Huawei Technologies Co. Ltd Following North America, Europe is projected to have significant share in the global Smart Watch market. Segmentation by Region: Kids’ Smartwatch Market Competitive Landscape. Companies which are mainly dependent on Chinese imports are suffering many setbacks and challenges. The research study is an outcome of extensive primary and secondary research conducted by our highly experienced analyst team located across the globe. - Wellness Moreover, the factors accelerating the growth of the smartwatch market are the high adoption of technology and the introduction of build-in LTE smartwatches. o India Led by inventions, smart watch manufacturers are investing heavily on the R&D activities. The global smartwatch market is predicted to witness an upsurge in demand during the forecast period due to the rising disposable income and growing health awareness among consumers. Our Other Relevant Reports: Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve. Email | Web Get more information on this report : Request Sample Pages On the basis of operating system, the market is categorized into watchOS, android, RTOS, Tizen, and others. Additionally, a strong distribution network is another key facet of the market. Furthermore, the strong demand for an intelligent-based device for tracking daily activities is further energizing the growth of the market. - Fitbit Inc. By region, the market is analyzed across North America, Europe, Asia-… Smartwatch Market's leading Manufacturers: We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. According to smartwatch market analysis, Apple shipped 31 million units of its smartwatches in 2019, which is expected to be 50% more than the entire Swiss wrist watch industry. The Smart Watch market report also maps the qualitative impact of various market factors on market segments and geographies. About GMI Research - Sports Recent developments in the market are: o United States of America The market conditions (2015-2019), corporate competition pattern, corporate SWOT analysis are elaborated, and other qualitative analyses like market dynamics, market penetration, market business environment analyses, the regional regulatory scenario in the Smart Watch market will be shown in this report. Smart watches have numerous functions beyond showing time. Cognitive Market Research provides detailed analysis of Smartwatch in its recently published report titled, "Smartwatch Market 2027". China is a major technology manufacturing hub, particularly for smart technology and electronics. - Extension They are usually used as a companion device and need to be paired with a smartphone through Bluetooth and near-field communication (NFC) among other technologies. The face of a smart watch is usually a touchscreen. o UAE Smartwatch Market 2019-2023: Vendor Analysis We provide a detailed analysis of vendors operating in the smartwatch market, including some of … Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. For example, the US is an early adopter of niche technology and is offering technical resources to favor IoT with guidance on the standards development and interoperability. DUBLIN, DUBLIN -- (SBWIRE) -- 03/03/2021 -- Smartwatch Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis) Key Pointers Covered In the Smartwatch Market Industry Trends And Forecast To 2027. Wearable technologies such as smart watches are also a new form of fashion accessories for users. The global smartwatch market posted a healthy 20% revenue growth in H1 2020 despite the COVID-19 pandemic and shipments remaining flat compared to the same period last year, according to the latest research from Counterpoint’s IoT service.
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