openPR Logo
Press release

Smartwatch Market : The Future of Smartwatch

04-08-2019 01:37 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Smartwatch

Smartwatch

Rise in demand for handy fitness & sports devices, increase in health awareness, and large number of product offerings by major players are projected to propel the growth of the global smartwatch market

"Smartwatch Market by Type Product (Extension, Classic & Standalone smartwatch) and Application (PA, Wellness, Medical/ Health, Sports): Global Opportunity Analysis and Industry Forecast, 2013-2020". The report provides in-depth analyses of the top winning strategies, drivers & opportunities, market size & estimations, key market segments, and competitive landscape. According to the report, the global smartwatch market accounted for $9.26 billion and is projected to garner $31.07 billion by 2025, registering a CAGR of 16.2% from 2018 to 2025.

Rise in demand for wearable devices & trackers to monitor heart rate and other vital signs, increase in awareness regarding health and well-being, and diversified product offerings by reputed manufacturers drive the growth of the smartwatch market. However, premium pricing of smartwatches, slow internet connectivity in developing countries, and limited battery life hamper the market growth. On the other hand, use of smartwatch in e-learning and heavy inflow of investment to build a connected ecosystem are expected to create lucrative opportunities to the market players in future.

Flat 20% Discount on All License Type (Offer Valid Till 20th April 2019)

Buy Now:https://www.alliedmarketresearch.com/checkout/249691?utm_source=vs

Standalone smartwatch segment to remain lucrative through 2025

The standalone smartwatch segment held the largest share in 2017, accounting for more than half of the total market revenue. Moreover, this segment is expected to witness the fastest CAGR of 18.6% during the forecast period, owing attractive features such independent operability as a mobile phone and better battery backup. The other segments analyzed in the report include extension and classical smartwatches.

Healthcare segment to manifest fastest growth through 2025

Healthcare segment is expected to register the fastest CAGR of 17.9% through 2025, owing to rise in health awareness for continuous tracking of heart rate, sleep, blood pressure, and nervous system; need for getting reminders about taking medicines & taking fitness goals; and increased use in tracking female health. However, the personal assistance segment held the largest share in 2017, contributing nearly one-third of the total revenue, as personal assistance systems facilitate time monitoring, caller notification, email alerts alongside offering basic features of a smartwatch. The report also analyzes segment including wellness, sports, and others.

WatchOS segment to retain lion's share through 2025

WatchOS segment garnered the largest share in 2017, contributing more than two-fifths of the total revenue, owing to its ability to offer features such as thinner and slimmer than other counterparts, ergonomic design, and provision of electrocardiogram and pedometer sensors. However, the RTOS operating system is expected to manifest the fastest CAGR of 22.5% during the forecast period, owing to its ability to enable access to a smartphone provider's proprietary library of third-party applications, perform multiple tasks simultaneously, offer longer battery life, and facilitate ease of customization for manufacturers. The report also analyzes Android and Tizen among others.

Download Free Sample Copy of Report:https://www.alliedmarketresearch.com/request-sample/490?utm_source=vs


North America to retain largest share through 2025

North America held the largest share in 2017, contributing more than one-third of the total revenue, owing to this region being the early adopters of new technology and high health awareness among the populace. However, Asia-Pacific region is projected to register the fastest CAGR of 19.4% during the study period, owing to surge in disposable income, large millennial population, and improvement in internet connectivity in the developing countries such as China. The other regions analyzed in the report include Europe and Latin America, Middle East and Africa (LAMEA).

Major market players

The key market players analyzed in the report include Apple Inc., Garmin Ltd., Motorola Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co. Ltd., Google Inc., Fitbit, Inc., Sony Corporation, and LG Electronics Inc. Product launch is the key strategy adopted by market players to gain a stronghold in the market

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smartwatch Market : The Future of Smartwatch here

News-ID: 1692992 • Views: 484

More Releases from Allied Market Research

Soil Moisture Sensor Market 2020-2027: Latest COVID-19 Impact Analysis, Market S …
Allied Market Research published a new report, titled, "Soil Moisture Sensor Market By Product (Tensiometric, Volumetric, and Solid-State Sensor), Type (Analog and Digital), and Application (Agriculture, Research, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global soil moisture sensor market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces
HDMI Cable Market 2020-2027: Recent Trends, Market Share, Growth Opportunities a …
Allied Market Research published a new report, titled, "HDMI Cable Market By Type (Standard HDMI Cable and High Speed HDMI Cable) Grade (HDMI 1.4, HDMI 2.0 and HDMI 2.1), and Application (Gaming Console, TV, Mobile Phone, Automotive System and Personal Computer & Tablet): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global HDMI cable market covering a number of important aspects such as current
Electric Actuator Market 2020-2027: Latest COVID-19 Impact Analysis, Market Shar …
Allied Market Research published a new report, titled, "Electric Actuator Market By Type (Linear Actuator and Rotatory Actuators) and End User (Oil & Gas, Energy & Power, Automotive, Aerospace & Defense, Water & Wastewater, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global electric actuator market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent
5G Infrastructure Market 2020–2027: Market Share, Current Trends, Growth Oppor …
Allied Market Research published a new report, titled, "5G Infrastructure Market By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network, and Distributed Antenna Network), Network Technology (Software Defined Networking & Network Function Virtualization, Mobile Edge Computing, and Fog Computing), Chipset Type (Application-Specific Integrated Circuit, Radio-Frequency Integrated Circuit, Millimeter Wave Technology Chips, and FPGA), and Application (Automotive, Energy & Utilities, Healthcare, Retail, and Others): Global Opportunity Analysis and Industry Forecast,

All 5 Releases


More Releases for Smartwatch

Smartwatch Market Research Report Study by 2025
Global Smartwatch Market: Snapshot Smart watches are touted as next generation wearable device as they gradually eat into the market share of their indigenous counterparts. With rapid advances in technology and nonstop innovations, smartwatches pose significant threat to personal devices and watches industries. Furthermore, with the advent of 3G and 4G enabled smartwatches, which are available in varying watch faces, has stoked their salability. Furthermore, breakthroughs in artificial intelligence, meaning learning,
Smartwatch Market Increasing the Growth Worldwide
Global Smartwatch Market has a potential to reach $32.9 billion by 2020, registering a CAGR of 67.6% during 2014 - 2020, according to new research published by Allied Market Research. Popular highlights of the Smartwatch Market that are noteworthy are, based on type, the Extension Smartwatch sales was the source for approximately 4/5th of the revenue generated by the global Smartwatch market in 2013. Standalone smartwatch, which was nearly 1/10th
Smartwatch Market - Eliminating Innovations 2025
Global Smartwatch Market: Snapshot Smart watches are touted as next generation wearable device as they gradually eat into the market share of their indigenous counterparts. With rapid advances in technology and nonstop innovations, smartwatches pose significant threat to personal devices and watches industries. Furthermore, with the advent of 3G and 4G enabled smartwatches, which are available in varying watch faces, has stoked their salability. Furthermore, breakthroughs in artificial intelligence, meaning learning,
Smartwatch Market Propitious opportunities 2025
Global Smartwatch Market: Snapshot Smart watches are touted as next generation wearable device as they gradually eat into the market share of their indigenous counterparts. With rapid advances in technology and nonstop innovations, smartwatches pose significant threat to personal devices and watches industries. Furthermore, with the advent of 3G and 4G enabled smartwatches, which are available in varying watch faces, has stoked their salability. Furthermore, breakthroughs in artificial intelligence, meaning learning,
Smartwatch Market Steady Infrastructure Growth of 2025
Global Smartwatch Market: Overview The rising adoption of smartphones across the globe and the rising use of internet are expected to contribute substantially towards the development of the global smartwatch market in the coming years. As a result, the market is projected to register a progressive growth rate over the forecast period. The leading players in the global market are focusing on innovations and the expansion of their presence across the
Global Smartwatch Market Research Report 2017
This report studies Smartwatch in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Apple Samsung Sony Motorola/Lenovo LG Pebble Fitbit Garmin Withings Polar Asus Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=888812&ptitle=Global+Smartwatch+Market+Research+Report+2017&req=Sample Huawei ZTE InWatch Casio TAG Heuer TomTom Qualcomm Weloop Pulsense Geak SmartQ Hopu Truly Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Smartwatch in these regions, from 2011 to 2021 (forecast), like North