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Kids Smartwatch Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Kids Smartwatch Market Statistics 2028Due to the COVID-19 pandemic, the global Kids Smartwatch market size is estimated to be worth US$ 1297.8 million in 2022 and is forecast to a readjusted size of US$ 3081.2 million by 2028 with a CAGR of 15.5% during the review period. Key drivers of the kids smartwatch market include increasing usage of smartphones and rising internet penetration.
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Also, the increase in awareness of health among consumers, the need for tracking the health of kids by parents, growing technological advancements in the wearables industry, and the need for ensuring the safety of kids are also driving the market growth. Other factors contributing to the growth of the kids smartwatch market are the growing need for connected devices, and connected ecosystems, the rapid expansion of wireless fitness and sports gadgets among consumers. Moreover, significant investments by manufacturers in research and development initiatives for creating new product innovations are also driving the growth of the market during the forecast period.
Trends Influencing The Global Kids Smartwatch Market
Universal features and innovative products
The latest variants of smartwatches can perform a wide variety of functions including but not limited to the running of mobile apps, Bluetooth connectivity options, advanced GPS tracking, mobile operating system, digital audio, video, fitness, and movement tracking thereby ensuring safety. Also, growing health awareness among consumers both for themselves and their kids is driving the demand for these smartwatches. Further to ensure the safety of their kids' parents are increasingly investing in these smartwatches to keep track of their child's movement. Thus growing health awareness and a top priority for ensuring their kid's safety, consumers are increasingly buying smartwatches thereby driving the growth of the kids smartwatch market during the forecast period.
Kids Smartwatch Market Segmentation
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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Kids Smartwatch Market By Type
• Integrated Kid'S Smartwatch
• Standalone Kids' Smartwatch
Kids Smartwatch Market By Application
• Individual Use
• School
• Kids Training Organization
Kids Smartwatch Market By Companies
• Doki Technologies
• LG Electronics
• VTech Holdings
• Huawei Technologies
• KGPS
• Omate
• Pebble
• Precise Innovation
• Tencent
• Tinitell
• Xiaomi Global Community
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