Smart Watches Market, By Price Range (High-End Smart watches, Mid-End Smart watches), By Operating System (Android Wear, Watch OS (iOS), Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Smart watches are wearable computing devices that resemble wristwatch but come with added advanced features such as weather update, messaging, enable call making, connection to the internet, Bluetooth-enabled, GPS, and more. Moreover, it also offers an answering messages by voice and fitness tracking app. Apart from all these features, some of the smart watches are also Bluetooth-enabled which allows it to connect it with a smartphone.
Market Dynamics
The increasing launch of design- and gender-based smart watches is projected to offer lucrative market growth opportunities over the forecast period. Moreover, the growing demand for smart watches that match the new lifestyle is again projected to propel the market growth. For instance, in January 2020, Timex a watch maker partnered with Huami to introduce two new smart watches. The product is categorized as lifestyle-focused metropolitan smart watch collection and features software that was developed in partnership with Huami. It has impressive high-resolution AMOLED touch display with vibrant colors that look bright under any ambient light condition. The watch has two weeks of battery life.
The increasing usage of the internet and smartphones is primarily fueling the market growth of the global smart watches. Additionally, features such as ease of handling and use are also propelling the market growth of the global smart watches. The growing youth population coupled with the rising popularity of these devices due to their advanced features is also expected to foster the market growth over the forecast period.
Key Features of the Study:
This report provides an in-depth analysis of the global smart watches market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR 9.0 %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
The study provides the impact analysis of the coronavirus (COVID-19) pandemic on the global smart watches market
It profiles key players in the global smart watches market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The key companies covered as a part of this study include Pebble Technology Corporation, Samsung Electronics Co. Ltd., Nike Inc., Garmin Ltd., Sony Electronics Inc., Fitbit Inc., Martian Watches, Connect Device Ltd. (COOKOO), and Apple Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global smart watches market report caters to various stakeholders in this industry including investors, suppliers, global smart watches market manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart watches market
Detailed Segmentation:
Global Smart Watches Market, By Price Range:
High-End smart watches
Mid-End smart watches
Low-End smart watches
Global Smart Watches Market, By Operating System
Android Wear
Watch OS (iOS)
Others
Forage and Turf Grasses
Other Crops
Global Smart Watches Market, By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Company Profiles
Pebble Technology Corporation
Samsung Electronics Co. Ltd.
Nike Inc.
Garmin Ltd.
Sony Electronics Inc.
Fitbit Inc.
Martian Watches
Connected Devices Ltd.
Apple Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Price Range
Market Snippet, By Operating System
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
PEST Analysis
PORTER’s Analysis
New Product Approvals/Launches
Promotion and Marketing Initiatives
4. Global Smart Watches Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Smart watches Market - COVID-19
Impact Analysis
5. Global Smart Watches Market, By Price Range, 2023 - 2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023 - 2030
Segment Trends
High-End Smart Watches
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
Mid-End Smart Watches
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
Low-End Smart Watches
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
6. Global Smart Watches Market, By Operating System, 2023 - 2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023 - 2030
Segment Trends
Android Wear
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
Watch OS (iOS)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Billion)
7. Global Smart Watches Market, By Region, 2023 - 2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023 - 2030
North America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
U.S.
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
Canada
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
North America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 - 2030
U.K
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
Germany
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
France
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Italy
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Spain
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
Russia
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Rest of Europe
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
North America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 - 2030
China
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
India
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Japan
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
ASEAN
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Australia
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
South Korea
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Latin America
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 - 2030
Brazil
Country Trends
Market Size and Forecast, By Price Range, 2023- 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023- 2030 (US$ Billion)
Mexico
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Argentina
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Rest of Latin America
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Middle East and Africa
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 - 2030
Middle East
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)
Africa
Country Trends
Market Size and Forecast, By Price Range, 2023 - 2030 (US$ Billion)
Market Size and Forecast, By Operating System, 2023 - 2030 (US$ Billion)