Global Smartwatches Market Research Report 2022
Summary
Due to the COVID-19 pandemic, the global Smartwatches market size is estimated to be worth US$ 16.81 billion in 2022 and is forecast to a readjusted size of US$ 35.33 billion by 2028 with a CAGR of 13.17% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Watch OS accounting for 45.07% of the Smartwatches global market in 2021, is projected to value US$ 15.45 billion by 2028, growing at a revised 12.81% CAGR from 2022 to 2028. While Children segment is altered to a 15.86% CAGR throughout this forecast period.
North America Smartwatches market size was US$ 5.69 billion in 2021, while Europe was US$ 2.68 billion. The proportion of the North America was 41.45% in 2021, while Europe’s percentage was 19.55%, and it is predicted that Europe market share will reach 16.93% in 2028, trailing a CAGR of 11.13% through the analysis period. As for the Asia, the notable markets are China and India, CAGR is 15.50% and 15.16% respectively for the next 6-year period.
The global major manufacturers of Smartwatches include Apple, Samsung, Huawei, Imoo, Amazfit, Garmin, Fitbit, Xiaomi, and Noise, etc. In terms of revenue, the global three largest players hold a 67.21% market share of Smartwatches in 2021.
This report focuses on Smartwatches volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Smartwatches market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, India etc.
Global Smartwatches Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Global Smartwatches Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. By Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Apple
Samsung
Huawei
Imoo
Amazfit
Garmin
Fitbit
Xiaomi
Noise
360.0
VTech Holdings
Abardeen
MIMITOOU
Polar
Withings
Readboy
Epson (Pulsense)
Tencent
Omate
Ticktalk
Segment by Type
Watch OS
Wear OS
Tizen
Others
Segment by Application
Children
Adults
Production by Region
China
Southeast Asia
Rest of World
Consumption by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Australia
Rest of APAC
Europe
Germany
France
U.K.
Italy
Russia
Spain
Rest of Europe
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Middle East & Africa
Middle East
Africa
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