Press release
Kids Smartwatch Market Expansion Continues, with Forecast Valuation of $4.02 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Kids Smartwatch Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, we have seen a significant expansion in the market size for children's smartwatches. The predicted surge from $1.96 billion in 2024 to $2.27 billion in 2025, with a compound annual growth rate (CAGR) of 15.7%, exemplifies this growth. Factors contributing to this upward trend during the historical period include the upsurge in smartphone usage, heightened awareness for environmentally friendly products and their packaging, increased market penetration in growing regions, rise in disposable income and the proliferation of online sales outlets.
Kids Smartwatch Market Size Forecast: What's the Projected Valuation by 2029?
The market size of kids smartwatches is predicted to experience swift expansion in the forthcoming years. By 2029, it is projected to reach $4.02 billion with a compound annual growth rate (CAGR) of 15.4%. The anticipated growth in the forecast timeline is due to escalating safety issues, expanding technology interest, progress in fitness tracking technology, the increasing trend of communication, and enhanced understanding of child safety. Key trends during the forecast timeline will be the technological progression in wearable devices, the launch of educational applications, the rising demand for GPS tracking smartwatches, demand for devices connected to the internet, and the incorporation of fitness and wellness tracking features.
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What Are the Drivers Transforming the Kids Smartwatch Market?
The increasing focus on child protection is anticipated to fuel the kids smartwatch market's expansion in the future. The concept of child safety involves all actions, procedures, and guidelines aimed at safeguarding children from damage, trauma, and maltreatment. This heightened focus on child security is driven by factors like growing awareness about potential risks to children, health and developmental issues, and anxieties of parents. Kids' smartwatches usually provide bidirectional communication, permitting children to make and receive calls from a predetermined list of contacts. This makes sure that kids can easily contact their parents or caregivers in case they need assistance or when parents want to reach them. For example, the Department of Child Safety, Seniors, and Disability Services in Australia reported that the number of child safety investigations completed by them increased by 8.8% to 29,772 in 2023 from 2022. This escalating focus on child safety, therefore, propels the kids smartwatch market.
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Which Fast-Growing Trends Are Poised to Disrupt the Kids Smartwatch Market?
Prominent organizations in the children's smartwatch market are introducing inventive items like water-resistant watches to ensure safety and connectivity for young users. These watches are specifically designed to withstand water exposure without any damage. Take for example, in May 2024, US-based software firm Google LLC introduced the FitBit Ace LTE, a uniquely designed smartwatch for children. The latest inclusion to the FitBit series is intended to offer the parents a way to keep tabs on their kids' health and physical activities. The FitBit Ace LTE, boasting a robust, water-resistant structure and a bright, easy-to-understand display, brings together features like step counting, activity supervising, and sleep tracking. This gives parents invaluable insights into their child's routine and overall well-being.
Which Segments in the Kids Smartwatch Market Offer the Most Profit Potential?
The kids smartwatch market covered in this report is segmented -
1) By Type: Functional Type, Smart Type
2) By Compatibility: iPhone Operating System (IOS), Android, Other Compatibilities
3) By Connectivity: Bluetooth, Wi-Fi, Cellular Networks, Near Field Communication (NFC)
4) By Distribution Channel: Supermarket Or Hypermarket, Convenience Stores, Specialty Stores, Online Distribution Channels
5) By End User: 7-12 Years Old, 0-6 Years Old
Subsegments:
1) By Functional Type: GPS Tracking, Fitness Tracking, Safety Features, Communication
2) By Smart Type: Smartwatch With Games, Smartwatch With Entertainment Features, Smartwatch With Educational Apps, Smartwatch With Voice Assistants
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Which Firms Dominate the Kids Smartwatch Market by Market Share and Revenue in 2025?
Major companies operating in the kids smartwatch market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Sony Corporation, LG Corporation, Xiaomi Corporation, ASUSTeK Computer Inc., Motorola Mobility LLC, Garmin Ltd., Huawei Technologies Co. Ltd., Dexcom Inc., Michael Kors, Giorgio Armani S.p.A, VTech Holdings Limited, Fossil Group Inc., Tomtom International BV., Franciscan Solutions Private Limited, Sibyl Srl, Shenzhen Continental Wireless Technology Co. Ltd., Omate Ltd., Doki Technologies, JOY FamilyTech Inc.
Which Regions Offer the Highest Growth Potential in the Kids Smartwatch Market?
North America was the largest region in the kids smartwatch market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kids smartwatch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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