Smart Wearable Market Latest Advancement and Global Outlook 2021 – Garmin, Apple, LG, Samsung, Fitbit, Pebble, Sony, Martian, Casio, Recon, Vuzix

Smart Wearable market competitive landscape provides details and data information by manufacturers. The report offers a comprehensive analysis and accurate statistics on production capacity, price, the revenue of  Smart Wearable by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Smart Wearable business, the date to enter into the market, product introduction, recent developments, etc.

The shipment volume of smart wearables globally stood at 266.3 million units in 2020 and is projected to reach 776.23 million units by 2026, registering a CAGR of 19.48% during the period of 2021-2026

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Wearables have gained significant traction, owing to the boom in the fitness trend across consumers. According to Cisco Systems, the number of connected wearable devices is expected to increase from 593 million in 2018 to 1,105 million in 2022.The smartwatch category is experiencing a rise, owing to additional features, like the brand that suits the everyday lifestyle. Strong brands, such as Apple and Fossil, are keeping the pricing consistent with the price bands of traditional watches, to maintain their revenues. With Googles WearOS, many other premium watchmakers, such as TAG and Armani, have entered the segment.

The prominent players in the global Smart Wearable market are:

Garmin, Apple, LG, Samsung, Fitbit, Pebble, Sony, Martian, Casio, Recon, Vuzix

- September 2020 - Apple Inc. launched seven next-gen touchscreen smartwatches under its six brands for the tech-savvy millennials in India. The seven smartwatches are Fossil Gen 4 Smartwatch Venture HR and Explorist HR for Fossil, Skagen Falster 2 for Skagen, Michael Kors Access Runway for Michael Kors, Emporio Armani Connected for Emporio Armani, A|X Armani Exchange Connected for Armani Exchange and Diesel Full Guard for Diesel.

- August 2020 - Samsung Electronics Co. Ltdlaunched the Galaxy Watch 3, among its new product lineup. The Galaxy Watch3 is available in 41mm and 45mm models, both in LTE and Bluetooth variants. The stainless-steel version comes in Mystic Bronze, Mystic Black and Mystic Silver, while the titanium model is available in Mystic Black. Galaxy Watch3 uses red LED and infrared rays to estimate SpO2 levels. Galaxy Watch3 automatically detects hard falls, with its enhanced accelerometer. Galaxy Watch3 records REM cycles, deep sleep, and total sleep time to score and help improve the quality of sleep.

Market segment by Types:

Exoskeleton
Smartwatches
Head Mounted Displays
Smart Clothing
Ear Worn
Fitness Trackers
Body Worn Camera
Medical Devices

Market segment by Applications:

Infotainment
Fitness & Wellness
Fashion & Lifestyle
Safety & Security
Healthcare & Medical
Others

 Top of FormMarket Segmentation by Region:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America

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Global Smart Wearable Market Overview:

The report considers the various factors based on secondary sources, market size, key data parameters such as the market positioning of key players in terms of the regional revenue, segmental revenue. Geographic penetration also shows the market potential, market risk, industry trends, and opportunities. Secondary sources mainly include journals, companies’ annual reports, websites, public and paid databases, and press releases.

There are some useful suggestions and recommendations provided in the report that will help players to strengthen their market position. The report serves its readers both ways, i.e. by offering quick data and information and by providing comprehensive analysis. This helps the report to cater to the needs or expectations of different buyers. Moreover, the report can be customized according to the requirements of buyers. Market players use it to plan out new strategies or amend their existing ones for improving sales and profit margins.

Furthermore, Global Smart Wearable Market following points are involved along with a detailed study of each point: –

– Global Smart Wearable Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

– Global Smart Wearable Market competition by Manufacturers (2020-2026)

– Production and Consumption by Regions

– Complete profiling and analysis of Manufacturers (2020-2026)

– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

– Industrial Chain, Sourcing Strategy and Downstream Buyers

– Marketing Strategy Analysis, Distributors/Traders

– Global Smart Wearable Market Effect Factors Analysis (2020-2026)

– Global Smart Wearable Market Forecast (2020-2026)

– Global Smart Wearable Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
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irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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