Press release
Smart Watch Market Outlook With Expected 18.02% CAGR 2018-2023 | Worldwide Key Players – Adaptec, ADATA Technology, Advanced Micro Devices, EDGE Memory, HGST, Intel, Micron Technology, Mushkin
Marketprognosis.com Publish a New Market Research Report On “Global Smart Watch Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.Overview of the Global Smart Watch Market:
Globally, the number of smart watch unit shipments was estimated at 41.5 Million in 2017 and is expected to reach 110.38 Million by 2023, at a CAGR of 18.02%, during the forecast period (2018-2023). Smart watches are the new trend in the digital market and rapid advancements in Integrated Circuits (IC) technology is expected to propel further growth in the market. The world has already recognized the importance of mobile communication systems and this factor provides an additional surge for the growth of the smart watches market.
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The potential in the smart watches market is high, as several wearable companies, such as Catapult, Apple, and others are actively engaged in this segment, competing fiercely in a relatively niche market segment of consumer wearable’s. Virtual SIM card might change the face of mobile internet access. The integration of IoT technology can further enhance the capability of smart watches, where one device can serve all the purposes rather than multiple apps and devices. Technologies, such as 3D printing are helping the growth of the smart watch market. GPS and geo-tagging capability, biometric, and smartphone autonomous functionality are some exclusive features of the smart watch.
The meteoric rise in demand for wireless sports and fitness devices is widely considered as one of the major drivers for the growth of the smart watches market. Currently, the use of smart watches among cyclers, runners, gym-goers, swimmers, and athletes is increasing rapidly, owing to their wide range of monitoring capabilities. GPS tracking, which can help track the distance, elevation climbed, and measure pace, is a key feature in a majority of smart watches, which attract athletes and climbers. Heart rate monitoring is a common feature in smart watches, which can monitor automatic, continuous wrist-based heart rates. Smart watches can easily track steps, calories burned, floors climbed, hourly activity, stationary time, and activity time.
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North America has emerged as the clear frontrunner in the technology industry, having a sizeable impact on the economy, health and employment opportunities in the region. Smartphones and cellphones have become indispensable for the growth of various industrial sectors. Various critical infrastructure components in North America completely depend on digital systems to perform their missions. The digital technology industry provides the foundation for information exchange in all the sectors, including healthcare, and retail. Additionally, IoT is predicted to undergo massive growth in the coming years, and mobile technologies play a vital role in enabling the industrial growth. The advanced industries sector is highly metropolitan and varies considerably in its composition and depth across regions.
Major Key Players:
1 Adaptec
2 ADATA Technology Co., Ltd
3 Advanced Micro Devices, Inc.
4 Corsair Components, Inc.
5 EDGE Memory
6 HGST, Inc.
7 Intel Corporation
8 LSI Corporation
9 Micron Technology, Inc.
10 Mushkin and More………………
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2023?
3 What are the technologies & innovation trends, how will they evolve by 2023?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Smart Watch Market.
Table of Contents:
1 Introduction
2 Executive Summary
3 Market Insights
4 Market Dynamics
5 Global SSD Caching Market Segmentation
6 Competitive Intelligence - Company Profiles
7 Investment Analysis
8 Outlook of Global Caching Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt. Ltd.
Thane – 421501
India.
sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com
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