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Global Smartwatch Market estimated to reach 134 million units at a CAGR of 16% by 2022 | Valuates Reports
Global Smartwatch Market estimated to reach 134 million units at a CAGR of 16% by 2022A smartwatch is a wearable computer in the form of a wristwatch; modern smartwatches provide a local touchscreen interface for daily use, while an associated smartphone app provides for management and telemetry (such as long-term biomonitoring). While early models could perform basic tasks, such as calculations, digital time telling, translations, and game-playing, 2010s smartwatches have more general functionality closer to smartphones, including mobile apps, a mobile operating system and WiFi/Bluetooth connectivity.
The global smartwatch shipment volume is estimated to reach 134 million units in 2020 as the market has been inspired by the new generation of Apple Watch which can work without an iPhone and perform outstandingly in the medical sector over the years.
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Apple Watch has been the most appealing with unique functions and appearance and thus has been the best-selling product of its kind over the past two years. For this reason, other counterparts have been imitating Apple Watch’s specifications and functions. This report provides the development of the global smartwatch market, focuses on three key development trends observed and examines product strategies of key players, such as Apple, Fitbit, Fossil, and Garmin
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List of Topics
Development of the global smart watch industry, touching on development of Apple and other brands
Development of smart watch features and includes its three key trends
Development of brands, including Apple, Fitbit, Fossil, and Garmin, and their product strategies
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