Press release
Smartwatches Market forecasted to reach US$ 23600 million in 2023 | Global key Players - Apple, Samsung, Sony, Motorola/Lenovo, LG, Pebble, Fitbit
This report provides in depth study of “Smartwatches Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Smartwatches Market report also provides an in-depth survey of key players in the market organization.Global Smartwatches Market Synopsis:
The Global “Smartwatches Market” research 2019 highlights the major details and provides in-depth analysis of the market along with the future growth, prospects and Industry demands analysis explores with the help of complete report with 90 Pages, figures, graphs and table of contents to analyze the situations of global Smartwatches Market and Assessment to 2024.
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The Smartwatches industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Smartwatches market size to maintain the average annual growth rate of 0.502122146729 from 1050.0 million $ in 2014 to 8030.0 million $ in 2019, Market analysts believe that in the next few years, Smartwatches market size will be further expanded, we expect that by 2024, The market size of the Smartwatches will reach 23600.0 million $.
This report studies the Global Smartwatches Market over the forecast period of 2019 to 2024. The Global Smartwatches Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2024.
Smartwatches Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smartwatches Market by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. The scope of the report includes a detailed study of Smartwatches Market with the reasons given for variations in the growth of the industry in certain regions.
Smartwatch is similar to mobile phone device with a touchscreen display and consists of various apps through which a person can access his mobile phone. Increase in adoption of smartphone along with fast internet connectivity is the key driver for the growth of the global smartwatch market.
Increase in health awareness among the consumer is driving the market. Consumers across the world are spending a lot on health monitoring gadgets. The recent Apple watch series 4 can track heart rate, nervous system, emergency, or inactivity alerts, and health-related events. Using smartwatch, a user can take the required precautions in advance by consulting doctors. Doctors can easily track patient health status remotely through the smartwatch and can treat them as per the requirement.
There are a moderate number of regional and international players that offer different products and services in the smartwatch industry, which makes the intensity of rivalry moderate. There are no major differences in the base product; however, features largely vary from one model to another, based on the application. This makes the intensity of rivalry moderate.
Smartwatches Market Covers the Table of Contents With Segments, Key Players And Region. Based on Product Type, Smartwatches Market sub segmented into Apple Watch Kit, Android Wear, Tizen, Embedded OS. On the Basis of Application, Market is sub segmented into Personal Assistance, Fitness, Medical and Health, Personal Safety.
Major Players profiled in the Smartwatches Market report incorporate: Apple, Samsung, Sony, Motorola/Lenovo, LG, Pebble, Fitbit, Garmin, Withings, Polar, Asus, Huawei
Current Industry News:
Fitbit (NYSE:FIT) and FibriCheck, an innovative health screening and monitoring app, today announced a partnership enabling users in Belgium, the Netherlands, Ireland and the UK to monitor their heart rhythm for irregularities, such as Atrial Fibrillation (Afib) directly from their Fitbit smartwatch. The FibriCheck software, which is CE marked, meets the performance standards for medical devices in the European Union (EU).
The FibriCheck app runs on Fitbit OS and uses Fitbit’s commercial-grade PPG (photoplethysmography) sensors – light-based technology that measures the rate of blood flow – to capture heart rhythm measurements from a user’s wrist. The measurement assessment can be viewed directly on the smartwatch screen and easily shared with medical professionals via a FibriCheck web interface to help diagnose conditions such as Afib. Afib, an irregular heart rhythm that is often difficult to detect or diagnose because of irregular occurrences, is a leading cause of stroke, the occurrence of which in Europe is predicted to increase to more than 800,000 by 2035.
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Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Smartwatches in these regions, from 2014 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion.
Smartwatches Market Questions Answered in this Report:
1 What are the major market drivers, challenges, and opportunities in the global Smartwatches Market?
2 What was the market value of the leading segments and sub-segments of the global Smartwatches Market in 2018?
3 How will each segment of the global Smartwatches Market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2024?
4 What are the influencing factors that may affect the market share of the key players?
5 How will the industry evolve during the forecast period 2019-2024?
6 Who are the key players in the Smartwatches Market and end user market and what are their contributions?
Major Points in Table of Contents:
Global Smartwatches Market Report 2019
Section 1 Smartwatches Product Definition
Section 2 Global Smartwatches Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Smartwatches Shipments
2.2 Global Manufacturer Smartwatches Business Revenue
2.3 Global Smartwatches Market Overview
Section 3 Manufacturer Smartwatches Business Introduction
3.1 Apple Smartwatches Business Introduction
3.1.1 Apple Smartwatches Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Apple Smartwatches Business Distribution by Region
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