Global Smartwatches Market Growth 2023-2029

Global Smartwatches Market Growth 2023-2029

Smartwatch is an information processing device with the basic time function. The watch may communicate with external devices such as smart phones, sensors, and a wireless headset. Smartwatch often consists of two parts: Peripheral devices and software. Peripheral devices of Smartwatch may include camera, thermometer, accelerometer, altimeter, barometer, compass, GPS receiver, speaker and SDcard that is recognized as a mass storage device by a computer. Software may include Map display, scheduler, calculator, and various kinds of watch face.
LPI (LP Information)' newest research report, the “Smartwatches Industry Forecast” looks at past sales and reviews total world Smartwatches sales in 2022, providing a comprehensive analysis by region and market sector of projected Smartwatches sales for 2023 through 2029. With Smartwatches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smartwatches industry.
This Insight Report provides a comprehensive analysis of the global Smartwatches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smartwatches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smartwatches market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smartwatches and breaks down the forecast by operating system, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smartwatches.
The global Smartwatches market size is projected to grow from US$ 13420 million in 2022 to US$ 32890 million in 2029; it is expected to grow at a CAGR of 32890 from 2023 to 2029.
The major players in global smartwatches market include Apple, Samsung, etc. The top 5 players occupy about 80% shares of the global market. China is main markets, they occupy about 80% of the global market. Watch OS are main types, with a share about 45%. Adults are main end users, which hold a share about 95%.
This report presents a comprehensive overview, market shares, and growth opportunities of Smartwatches market by product operating system, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by operating system
Watch OS
Wear OS
Tizen
Others
Segmentation by application
Children
Adults
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Apple
Samsung
Huawei
Imoo
Amazfit
Garmin
Fitbit
Xiaomi
Noise
360
VTech Holdings
Abardeen
MIMITOOU
Polar
Withings
Readboy
Epson (Pulsense)
Tencent
Omate
Ticktalk
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smartwatches market?
What factors are driving Smartwatches market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smartwatches market opportunities vary by end market size?
How does Smartwatches break out operating system, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.