Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Some of the leading smartwatch manufacturers headquartered in the Asia Pacific region includes Huawei, Xiaomi and Asus among others. Moreover, the fact that a large number of smartwatch manufacturers are headquartered in the region further compliments the market growth in the Asia Pacific. "Global Smartwatch Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026", https://www.researchandmarkets.com/research/7vvn28/global_smartwatch?w=12. Global Smartwatch Market: The forecast period 2018-2024 is expected to show noticeable growth in global Smartwatch Market. For instance, in August 2018, Samsung unveiled its latest smartwatch; the galaxy watch. Register for a free trial today and gain instant access to 10,000+ market research reports. The global smartwatch market is expected to grow at a CAGR of 25.78% during the forecast period, 2019–2026 The acknowledgment that health is the only wealth steals the thunder of all the worldly possessions. The fact that, in many Asian countries, the demand for luxury Swiss watches have declined drastically as a result of more people preferring affordable timepieces such as smartwatches. Smartwatch growth continues to soar, as consumers increasingly accessorize their smartphones with fitness-led and health-focused wearables. Global smartwatch shipments grew an impressive 42 percent annually from 10.0 million units in Q3 2018 to 14.2 million in Q3 2019. One of the most important factors aiding the smartwatch market growth can be attributed to the enhancement of functionalities of smartwatches. Modern smartwatches have various features such as GPS, barometer, heart rate sensor, better display, and longer battery life among others. FRAMINGHAM, Mass., December 16, 2019 – Continued end-user demand, proliferation of devices, and declining average selling prices will propel the worldwide wearables market in the years to come. The worldwide market for Smartwatch Market is expected to grow at a CAGR of roughly 68.0% over the next ten years, and will reach US$ 2,075,326.1 Mn in 2028, from US$ 11,595.3 Mn in 2018, according to a new Market.us (Prudour Research) study. Pune , India - May 24, 2019 /MarketersMedia/ — Global Smartwatch Industry. A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Smartwatch Market India's smart devices made up only about one percent of the worldwide smartwatch market with 260,000 shipments of a total 34 million. Global Smart Watches Industry Market Research Report 1 Smart Watches Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Smart Watches 1.3 Smart Watches Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Smart Watches Value ($) and Growth Rate from 2014-2024 1.4 Market Segmentation 1.4.1 Types of … NFC technology incorporates small chips to connect with other devices, such as mobile phones to enable contactless payments by a direct tap or through a POS terminal. Thus, an increase in the number of consumers seeking innovative ways to make contactless payments will boost the demand for NFC technology driven smartwatches. It features 3G / LTE connectivity and charges wirelessly. UK: +44 203 893 3200 Report Description. Global Smartwatch Market: Growing Use of Smartwatches for Contactless Payments. What is the luxury watch market growth? Rising net disposable income coupled with growing consumer awareness about the benefits of smartwatches expected to influence the market growth positively in the region. The global smartwatch market is expected to post a CAGR of close to 16% during the period 2019-2023, according to Technavio. What are the segments covered in the smartwatch market report ? NEW YORK, Dec. 24, 2015 /PRNewswire/ -- Global Watches Market: Market Analysis 2015-2019 Covering: This report covers the growth prospects of the global watches market with … Request a free sample report. Growing awareness on personal health and fitness and rise in smartwatch-controlled automotive capabilities are the key factors driving the growth of this industry, globally. Smart watch is expected to expand at a CAGR of 12.8% from 2019 to 2025. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Global Piezoelectric Actuators and Motors Market 2020 Top Manufacturers – , Ceratec Inc., Advanced Cerametrics Inc., Heason Technology Ltd., etc. The proliferation of low-cost smartwatches is one of the key factors anticipated to drive market growth during the forecast period. Presence of GPS, distance tracker, health tracker, and pairing of smartphones and smart watches via Bluetooth are expected to remain one of the key features that will attract the buyers in the near future. The smartwatch market research report also analyzes other important trends and market drivers that will affect the market growth over 2019-2023. Moreover, improving internet penetration in regions such as the Asia Pacific and the Middle East and Africa bodes well for the market growth. Global Kids Smartwatch Industry Market 2019 - Industry Analysis Size Share Trends Segment and Forecasts to 2025. Moreover, an increasing number of smartwatch manufacturers are focusing on improving the visual aesthetics of the watches in order to present them as fashion pieces. Smartwatch is a portable wearable device that is used to track various everyday activities such as steps covered in a day, calories burnt, heart rate, and others. The company also claims that the new watch would provide an improved battery life that should provide several days of use on a single charge. In addition, according to this smartwatch market analysis, other factors such as the increase in disposable income, emergence of built-in LTE smartwatches, and rise in health and fitness-focused features will further drive the smartwatch market during the forecast period. The global smartwatch market is segmented on the basis of type, application and geography. "Increasing Functionality and New Product Launches Aiding the Smartwatch Market Growth Positively" The smartwatch market stood at US$ 12.45 Bn in 2017 and expected to grow at a CAGR of 16.4% during the forecast period from 2017 to 2026. The Global Fitness Trackers Market size is estimated to be growing at a CAGR of 20.1% from 2019 to 2025. The global smartwatch market is expected to post a CAGR of close to 16% during the period 2019-2023, according to Technavio. This will further boost market growth in the upcoming years. Bicycle Hub Market research report 2020 covers major companies – , DMR Bikes, Campagnolo, Nukeproof, etc. The watch also features enhanced positioning capabilities which can simultaneously tap into GPS, GALILEO, and GLONASS three of the major satellite positioning systems, for precise positioning.In the coming years, the online sales channel expected to witness the fastest growth rate. “The increasing number of patent filings by smartwatch manufacturers and rising number of partnerships among market participants are some other key factors that will contribute to the growing smartwatch market size during the forecast period,” says a senior analyst at Technavio. Market share of smartwatches in India in Q1 2018 and … The smartwatch market is dominated by few major players such as Apple Inc., Fitbit, and others. As per Technavio, the growing use of smartwatches for contactless payments, will have a positive impact on the market and contribute to its growth significantly over the forecast period. With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Smartwatches alone appear to be showing staggering potential for growth in the country, with the segment showing a 99.6 per cent (Year-on-Year) and 42.9 per cent (QoQ) growth in the second quarter of 2019. Who are the key players in the smartwatch market ? The period studied in this report is from 2019 to 2027, wherein the smartwatch market forecast period is from 2020 to 2027. Global shipments of wearable devices reached 49.6 million units during the first quarter of 2019 (1Q19), up 55.2% from the previous year according to data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company. https://www.technavio.com/talk-to-us?report=IRTNTR32076. Global Smartwatch Market: ... Sports), Industry Analysis, Trends, and Forecast 2019 Market . The smartwatch market was valued at US$ 12.45 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 16.4% during the forecast period from 2018 to 2026. Smartwatch OEMs are increasingly integrating NFC technology as a standard into most of their upcoming product offerings. US: +1 844 364 1100 These are wireless devices and connect with laptops or smartphones via Bluetooth. A fitness tracker is reliable and accomplishes the tasks accurately. The global smartwatch market valued $10,223.9 million in 2017, is forecasted to witness a CAGR of 22.7% during 2018 - 2023. Several companies have entered the smartwatch market with innovative products at competitive prices due to which smartwatches have become more affordable over the last few years. However, a lot of key players from China, and other countries are entering into this market. Technavio Research The worldwide market for Smartwatches Market is expected to grow at a CAGR of roughly x.x% over the next ten years and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. During the forecast period, the North American region is expected to maintain its dominance over the global market due to the developments in wireless network infrastructure in the US. Faster delivery and easy return policy are further supporting the growth of the online segment.In terms of investment, the Asia Pacific market expected to remain the most lucrative for smartwatch manufacturers. Similarly, in October 2018, Huawei launched the Huawei Watch GT, which the company claims, uses an innovative smart power-saving algorithm. Global Smartwatch Market Report 2019 - Market Size, Share, Price, Trend and Forecast Published Date: April 2019 | Report Code: PROF-Chem-2106 What is the CAGR for smartwatch market ? Key Topics Covered: Chapter 1 Preface1.1 Report Description1.1.1 Purpose of the Report1.1.2 Target Audience1.1.3 USP and Key Offerings1.2 Research Scope1.3 Market Segmentation1.4 Research MethodologyChapter 2 Executive Summary2.1 Market Snapshot: Global Smartwatch Market2.2 Global Smartwatch Market, By Operating System, 20172.3 Global Smartwatch Market, By Gender, 20172.4 Global Smartwatch Market, By Distribution Channel, 20172.5 Global Smartwatch Market, By Geography, 2017Chapter 3 Market Dynamics3.1 Market Overview3.1.1 Global Smartwatch Market Value, 2016 - 20263.2 Market Drivers3.3 Market Challenges3.3.1 Impact Analysis of Drivers and Restraints3.4 Key Market Trends and Future Outlook3.5 Attractive Investment Proposition, by Geography3.6 Competitive Analysis3.6.1 Market Positioning of Key Vendors3.6.2 Key Strategies Adopted by the Leading PlayersChapter 4 Global Smartwatch Market Analysis, by Operating System, 2016 - 20264.1 Overview4.2 watchOS4.3 Tizen4.4 Android4.5 RTOSChapter 5 Global Smartwatch Market Analysis, by Gender, 2016 - 20265.1 Overview5.2 Men5.3 WomenChapter 6 Global Smartwatch Market Analysis, by Distribution Channel, 2016 - 20266.1 Overview6.2 Online6.3 OfflineChapter 7 North America Smartwatch Market Analysis, 2016 - 2026Chapter 8 Europe Smartwatch Market Analysis, 2016 - 2026Chapter 9 Asia Pacific Smartwatch Market Analysis, 2016 - 2026Chapter 10 Rest of the World (RoW) Smartwatch Market Analysis, 2016 - 202610.5.2 Latin AmericaChapter 11 Company Profiles11.1 Apple, Inc.11.2 Sony Corporation11.3 LG11.4 Samsung Electronics11.5 Huawei Technologies Co. Ltd.11.6 ASUS11.7 Fossil11.8 Xiaomi11.9 Michael Kors11.10 Garmin For more information about this report visit https://www.researchandmarkets.com/research/7vvn28/global_smartwatch?w=12. Depending on user activity, this feature enables it to dynamically switch between performance and efficiency modes, thereby improving the battery life. The whole market expanded by 44% year-over-year - total shipments grew from 8.6 million in Q2 2018 to 12.3 million in Q2 2019. Technavio has announced its latest market research report titled global smartwatch market 2019-2023. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Global smartwatch shipments Q2 2019 (m units) Shipments To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32076. Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027. www.technavio.com. The smartwatch market had a shipment of 68.6 million unit shipment in 2020 and expected to reach 157.2 million by 2026 and grow at a CAGR of 14.5% over the forecast period (2021 - 2026). Home >> . Sign up today for your free Reader Account. Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. The global smart band (Smart Watch) market is further projected to reach a volume of 52.7 Million Units by 2024, exhibiting a CAGR of 3.8% during 2019-2024. Comprehensive enlightenment in the Global Smartwatch Display Market, addressing growing demand, production volume, sales revenue, and growth prospects.. Published: Dec-2019 | Format: PDF | Maia Research | Number of pages: 129 | Code: MRS - 687702 © 2021 GlobeNewswire, Inc. All Rights Reserved. The North American region led the market in 2018, followed by APAC, Europe, South America, and MEA respectively. Furthermore, economical smartwatches are also gaining prominence in the emerging economies of China, India, and Brazil, along with Europe and North America. Health and fitness are unquestionably the most ideal paths to lead a complacent and happy life, forget about the fickle affluence. Dublin, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The "Global Smartwatch Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering. (Graphic: Business Wire), LONDON--(BUSINESS WIRE)--The global smartwatch market is expected to post a CAGR of close to 16% during the period 2019-2023, according to the latest market research report by Technavio. To be more exact, Smartwatches are not only watches, but more like hi-tech equipment. The global smartwatch market was valued at $20.64 billion in 2019, and is projected to reach $96.31 billion by 2027, registering a CAGR of 19.6% from 2020 to 2027.The study of smartwatch in this report emphasizes on various products, operating systems, and corresponding applications. In addition, companies including Lenovo, Huami, Huawei Investment & Holding are providing premium smartphone features such as voice calls and health tracking at minimal costs. The introduction of the smartwatches, with its multi-functional features, has disrupted the traditional analog watch industry. New Study On “2019-2022 Smartwatch Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database. Request Now. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Different operating systems such as watchOS, Android, Linux, and others are available in the market. The availability of better offers in the form of discounts coupled with ease of shopping is expected to lead an increasing number of consumers to choose online platforms over offline platforms. Global Smartwatch Shipments market share by brand in Q1 2018 vs Q1 2019 Counterpoint Samsung trails Apple significantly in market share at just 11.1 percent, but grew faster at 127 percent. This market research report segments the global smartwatch market by type (integrated and standalone), OS (watchOS, Tizen, Wear OS, and others) and geographical regions (North America, APAC, Europe, South America, and MEA). Rising net disposable income among consumers is another prominent factor contributing to the smartwatch market growth.The manufacturers of smartwatches are continuously engaged in research and development activities. Jesse Maida Global Smartwatch Market: Segmentation Analysis. Smartwatch Market Size,Business Analysis 2019 by CAGR, Share, Revenue and Prominent Key Players to 2025. Smartwatch Market 2019 Industry Survey, Market Size, Competitive Trends, Trends Outlook and Forecasts 2022. Smartwatches Market Size, Analysis, Regional Outlook, Growth, Export Value, Shipment, Volume & Trade The smartwatch market growth will increase by $14577.66 million during 2019-2024.
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