Smartwatch Market 2019 Global Share, Trends, Segmentation and Forecast by 2025
Smartwatch Market 2018 Analysis by
Growth, Key Players and 2024 Future Insights Report
“Smartwatch Market: Historical and
Forecasts by Operating System (Android, OS, Windows, Others), by Price Range
(High and Medium), by Application (Personal Assistance, Wellness, Medical/
Health, Sports and Others): Global Industry overview, Comprehensive Analysis,
Size, Share, Growth, Trends and Forecast, 2018 – 2024”. According to the Brand
Essence Market Research Analyst, Smartwatch market is expected to grow at
around 17% CAGR during the forecast period 2018-2024.
Introduction to
Smartwatch Industry:
Smartwatch
is a wrist watch that can perform basic tasks, such as calculations,
translations, and game-playing, modern smart watches. With advancement in
technology, smartwatch is considered as smart electronic wearable
that enables various features like alarm, fitness tracking features etc.
Smartwatch work on different operating systems such as Android, IOS,
Windows and Others.
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Market Dynamics
for Smartwatch industry:
Growing
demand of electronic gadgets in young generation is the primary
driving factor of the smartwatch market. In addition, increasing health issues
in people working in IT industry couple with growing health awareness is
expected to drive the market at fast pace in coming years. However,
continuous use of smartwatch coupled with its limitations on battery life may
hamper the growth of smartwatch market.
Recent
Developments:
According
to the total smartwatch shipment in 2013, Samsung held a market leader
position of the overall smartwatch market. Recently in December 2017,
Titan announced the launch of a smartwatch, especially designed for
women. In addition, on 14th March 2018, Wearables brand Fitbit
announced the Fitbit Versa, its lightest smartwatch specially for
female health tracking, and with 4-Day battery life.
Global Smartwatch
Market: Segment Overview
The
global Smartwatch market is estimated to register significant CAGR between 2018
and 2024. The report included a detailed competitive scenario and portfolio of
leading vendors operating in smartwatch market all across the world. The report
gives detailed segments analysis of Smartwatch market in which the report
describes the market into operating system, price range, application, and
regional segments. Based upon operating system, smartwatch market is
classified as android, OS, windows, others. On the basis of price range,
smartwatch market has been segmented as High and Medium. Based upon
applications, market of smartwatch is classified as
personal assistance, wellness, medical/ health, sports and others. The
regions covered in this report are North America, Europe, Asia-Pacific and Rest
of the World. North America dominates the market with highest market share due
to high capability to purchase smartwatch. Asia Pacific Smartwatch
market is witnessed with strong growth rate due to increasing disposable income
of the people in the region.
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Methodology @ https://brandessenceresearch.biz/Request/Sample?ResearchPostId=23217&RequestType=Methodology
This report
segment of global Smartwatch market as Follows:
By Operating
System
Android
IOS
Windows
Others
By
Price Range,
High
Medium
By
Applications,
Personal
Assistance
Wellness
Medical/
Health
Sports
Others
By Regional
North
America
U.S.
Mexico
Canada
Europe
UK
France
Germany
Italy
Asia
Pacific
China
Japan
India
Southeast
Asia
Latin
America
Brazil
The
Middle East and Africa
GCC
Africa
Rest
of MEA
Top Players Like
Apple
Samsung
Group
Lenovo
Group
Garmin
Pebble
Technology
Fitbit
ASUSTeK
Computer
Fossil
Group
Huawei
Technologies
LG
Electronics
Motorola
Mobility
Omate
Polar
Electro
Razer
Sony
Xiaomi
Others
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Overview @ https://brandessenceresearch.biz/ICT-and-Media/Smartwatch-Market/Summary
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