Scope in Smart Watches Market: Industry Player, Price, Revenue, Share, Trends and Forecast Until 2022
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A smart watch is a computerized device which has a touchscreen display along with special features which keeps the wearer updated not only with time and date but also other facts such as news, emails, missed phone calls etc. and it is worn on the wrist like a normal watch. It runs on various operating systems such as Android, Tizen, and Linux etc. According to Fact.MR’s research report on the global smart watches market, the market is anticipated to reach a value more than US$ 61 Bn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.
Standalone Smart Watch Segment Poised to Show Good Pace; but Companion Smart Watch Surpasses all
The standalone smart watch segment by product type is poised to show the highest growth rate during the period of forecast. However, the companion smart watch segment has a higher market share by revenue with comparatively less growth rate. Companion smart watch segment dominates all other segments in terms of market share. Standalone segment, which is the second largest segment following companion smart watch segment, is expected to register the highest CAGR of 4.3% in the product type category.
LCD Resembles Strength Whereas OLED Represents Growth
The OLED segment by display type is expected to show higher growth rate than any other segment by display type and is anticipated to reach a CAGR of 4.9% during the forecast period of 2017 to 2022. The LCD segment has a slower growth rate but has the highest market share by revenue, thereby dominating the global market. The decision between OLED, LCD and SAMOLED is difficult to make as all these segments hive minor differences in their market shares in global smart watches market.
E- Commerce is the Need of the Day
The e-commerce segment by distribution channel shows higher growth rate to register a CAGR of 4.1% during the period of forecast and also expected to gain a higher BPS by the end of 2022. The franchised outlets segment dominates the global smart watches market by reflecting the highest market share by revenue and this trend is poised to continue throughout the period of forecast.
Tizen Moves at Fast Speed; watchOS Shows Similar Speed
The Tizen segment by operating system shows highest growth rate yet a small market share. Following Tizen the watchOS segment grows at a similar speed but has the highest market share by revenue and reflects a market share of 48.9% and this trend is bound to grow as years pass by. It is also expected from this segment to reflect a higher gain in BPS by the end of 2022.
The report also profiles companies that are expected to remain active in the expansion of the global smart watches market through 2022, which include companies like Alphabet Inc., Apple, Inc., Beijing Xiaomi Technology Co., Fitbit, Inc., Fossil Group, Inc., Garmin International, Inc., LG Electronics, Inc., Motorola Mobility Holdings, Inc., Samsung Electronics Co., Ltd., and Sony Corporation.
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Table of Content:
1. Global Smart Watches Market – Executive Summary
2. Global Smart Watches Market Overview
2.1.1. Global Smart Watches Market Taxonomy
2.1.2. Global Smart Watches Market Definition
2.2. Global Smart Watches Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Smart Watches Market Y-o-Y Growth
2.3. Global Smart Watches Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Smart Watches Market Analysis and Forecast By Product Type
3.1. Global Smart Watches Market Size and Forecast By Product Type, 2012-2022
3.1.1. Companion Smartwatch Smart Watches Market Size and Forecast, 2012-2022
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
3.1.2. Standalone Smartwatch Smart Watches Market Size and Forecast, 2012-2022
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
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