DUBLIN–(BUSINESS WIRE)–May 24, 2022–
The “Global Smartwatch Market Size and Share to 2027” report has been added to ResearchAndMarkets.com’s offering.
An increase in concerns regarding personal health and fitness along with an increase in smartphone penetration are key factors expected to drive the growth of the global smartwatch market.
In addition, innovative features such as alerts, tracking and connectivity in smart watches have captured consumer interest over the past few years and will increase the demand for smart watch market growth. Rising adoption of Internet of Things (IOT) is also expected to propel the growth of the global smartwatch market.
Additionally, an increase in product launch activities by key players will fuel the growth of the market. Additionally, an increase in the demand for computerized wristwatches with basic smart features is driving the growth of the global smartwatch market during this forecast period.
The high initial price of the technology and associated issues with power consumption and low battery life are expected to hamper the growth of the global smartwatch market during this forecast period.
The global smartwatch market is segmented into operating systems such as Watch OS and Android/Wear OS, by display type such as AMOLED, PMOLED, and TFTLCD. Further, the market is segmented into applications such as medical, sports, personal assistance, and others.
Further, the global smartwatch market is segmented into five regions such as North America, Latin America, Europe, Asia-Pacific, Middle East & Africa.
Various key players are listed in this report such as Huawei Technologies Co., Ltd, Pebble, Fossil Group, Qualcomm, Sony Corporation, Samsung Electronics Co. Ltd, Apple Inc., ConnectedDevice Ltd., Fitbit, Inc., Motorola and LG . Electronic
By operating system
By display type
- Personal assistance
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Key questions addressed by the report
- What are the key opportunities in the global smartwatch market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will experience the highest growth?
- What are the factors that will impact/driving the market?
- What is the competitive landscape in the industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by the main players?
For more information on this report visit https://www.researchandmarkets.com/r/onw95b
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220524005860/en/
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INDUSTRY KEYWORD: TECHNOLOGY RETAIL LUXURY CONSUMER ELECTRONICS
SOURCE: Research and Markets
Copyright BusinessWire 2022.
PUBLISHED: 05/24/2022 10:35 AM/DISC: 05/24/2022 10:36 AM