Smartwatches Market, By Price Range (High-End smartwatches, Mid-End smartwatches, Low-End smartwatches), By Operating System (Android Wear, Watch OS (iOS), Others, Forage and Turf Grasses, Other Crops), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Smartwatches 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 smartwatches are also Bluetooth-enabled which allows it to connect it with a smartphone.
Market Dynamics
Increasing launch of design and gender bases smartwatches is projected to serve major market opportunities over the forecast period. Moreover, the growing demand for smartwatches that match the Metropolitan lifestyle is again projected to propel the market growth. For instance, in January 2020, Timex partners with Huami to introduce two Metropolitan smartwatches. The product is categorized as lifestyle-focused Metropolitan smartwatch collection and feature 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.
Increasing usage of the internet and smartphone is primarily fueling the market growth of the smartwatches. Additionally, features such as ease of handling and use is another major factor propelling the market growth of the smartwatches. Growing youth population coupled with the rising popularity of these devices due to their advanced features is also expected to foster the market growth of the smartwatches over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global smartwatches market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on global smartwatches market.
It profiles key players in the global smartwatches market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study incudes Pebble Technology Corporation, Samsung Electronics Co. Ltd., Nike Inc., Garmin Ltd., Sony Electronics Inc., Fitbit Inc., Martian Watches, ConnecteDevice 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 upgradation, market expansion, and marketing tactics
The global smartwatches market report caters to various stakeholders in this industry including investors, suppliers, global smartwatches market manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smartwatches market
Detailed Segmentation:
Global Smartwatches Market, By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
Global Smartwatches Market, By Operating System:
Android Wear
Watch OS (iOS)
Others
Forage and Turf Grasses
Other Crops
Global Smartwatches Market, By Region:
North America
U.S.
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System
Android Wear
Watch OS (iOS)
Others
Canada
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System
Android Wear
Watch OS (iOS)
Others
Europe
U.K.
By By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System
Android Wear
Watch OS (iOS)
Others
Germany
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
France
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Italy
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Spain
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Russia
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Rest of Europe
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Asia Pacific
China
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
India
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Japan
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
ASEAN
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Forage and Turf Grasses
Other Crops
Australia
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
South Korea
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Rest of Asia Pacific
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Latin America
Brazil
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Mexico
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Rest of Latin America
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Middle East & Africa
Middle East
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Africa
By Price Range:
High-End smartwatches
Mid-End smartwatches
Low-End smartwatches
By Operating System:
Android Wear
Watch OS (iOS)
Others
Company Profiles
Pebble Technology Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Samsung Electronics Co. Ltd.
Nike Inc.
Garmin Ltd.
Sony Electronics Inc.
Fitbit Inc.
Martian Watches
ConntecteDevices Ltd.
Apple Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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