Press release
Global Smartwatches Market To Reach Around USD 21.09 Billion By 2021
Smartwatches Market
A smartwatch is a digital wristwatch which is fully programmable watch with the capability to interact with other devices and Internet services. It is an attractive form factor for wearable computers. It has the advantages like easy to carry, time management and other functionalities. The smartwatches are companion to smartphones. Near-field communication (NFC) or bluetooth are some connecting technology used to connect the smartwatch to smartphones. Smartwatches are used to provide notifications to its user and can also be used to track health parameters such as heart rate, distance traveled, etc.
Get a copy of Sample Report: https://goo.gl/vt3YWw
The smartwatches market is expected to witness significant growth due to the increasing usage of smartphones and high demand of internet accessibility. The major driving factor for smartwatches market is transforming technological preferences in young population like wide use of different electronic gadgets. Entry of new startups and further market penetration of established players is projected to intensify the competition in the market arena. The high demand of low range smartwatches from price conscious people is expected to develop an astounding growth in key players of this market. Affordable prices of smartwatches and rising demand from young population are emerging trend which is likely to open new market avenues in the near future. However, some restraints like limited battery life associated with product may hamper the growth of this market.
On the basis of price range of smartwatches, the global smartwatches market is divided into high-end, mid-end and low-end smartwatches. High-end smartwatches accounted for approximately 90% share of the global market in terms of revenue in 2015. This was mainly due to the awareness of the smartwatch as fitness tracking device. Mid-end smartwatches was the second largest segment of the global smartwatches market.
Browse the full report at http://www.marketresearchstore.com/report/smartwatches-market-z59823
Android wear, watch OS (iOS) and other like tizen OS, pebble OS, LinkIt OS, etc., are the operating system used in smartwatches. Android wear smartwatches dominated the global market and accounted for significant share of the overall market share in 2015. This is primarily owing to high number of applications of smartwatches.
North America is expected to remain the market leader over the forecast period, and accounted for 35.5% share of the global market revenue in 2015. The growing health awareness and large number of smart technology users in the region is one of the major reasons for the growth of the smartwatches market in North America. Rapid adoption of mid-end and low-end smartwatches in emerging economies of Japan, China, and India is expected to drive the smartwatches market in Asia Pacific.
Key industry participants include Apple Inc., Nike Inc., Garmin Ltd., Qualcomm Incorporated, Sony Electronics Inc., Martian Watches, Pebble Technology Corporation, Fitbit Inc., ConnecteDevice Ltd., and Samsung Electronics Co. Ltd.
This report segments the global smartwatches market as follows:
Global Smartwatches Market: Price Range Segment Analysis
High-end
Mid-end
Low-end
Global Smartwatches Market: Operating System Segment Analysis
Android Wear
Watch OS (iOS)
Others (Tizen OS, Pebble OS, LinkIt OS, etc.)
Global Smartwatches Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa
About Us
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact US:
Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smartwatches Market To Reach Around USD 21.09 Billion By 2021 here
News-ID: 483914 • Views: …
More Releases from Market Research Store
Global Low- and No-Calorie Soda Market 2020 RC Cola, Zevia, Carabao, PepsiCo, Dr …
Global Low- and No-Calorie Soda Industry Competitive Analysis - Forecast and Historical Market Analysis by Key Market Segments
The research report on the global Low- and No-Calorie Soda market encompasses a wide-scope analysis of various macro economic and micro economic factors affecting the industry performance on a regional and global level. The research report offers a detailed outline of the industry chain components including suppliers, customers, manufacturers, and distributors. Moreover, the…
Global Robotics Market 2020 Boeing, Northrop Grumman Corp., Swisslog, Amazon, iR …
Robotics: Regional and Global Market Opportunities - Key Competitors, Industry Segments, and Strategic Analysis, 2020-2025
The market study is primarily based on primary and secondary data collected through systematic research approach. The research approach is defined by expert market analysts in line with business consultants and international research standards. Economic, political, and environmental regulations for Robotics market are examined to draw the conclusion on macroeconomic business environment. The market study also…
Global Wood Preservatives Market 2020 Nippon Paint Co. Ltd., Koppers, Ronseal, R …
Wood Preservatives Market Global and outlook (2015 - 2025)
The report published on Wood Preservatives is a invaluable foundation of insightful data helpful for the decision-makers to form the business strategies related R&D investment, sales and growth, key trends, technological advancement, emerging market and more. The global Wood Preservatives market report includes key facts and figures data which helps its users to understand current scenario of the global market along…
Global Decorative Paints And Coatings Market 2020 Materis, Nippon Paint Co. Ltd. …
Global Decorative Paints And Coatings Market Analysis by Region (North America, Europe, Asia Pacific, and Middle East and Africa), by Application (Residential Sector, Commercial Sector) and, by Type (Water-based Decorative Paints and Coatings, Solvent-based Decorative Paints and Coatings), 2020-2025
Introduction:
Global Decorative Paints And Coatings market is anticipated to grow from USD XX Million in 2019 to USD XX Million by 2025, at a compound annual growth rate of XX% from 2019…
More Releases for Smartwatches
Smartwatches Market to witness astonishing growth with key players
Smartwatches are wearable computing devices that resemble wristwatch but come with added advanced features such as weather update, messaging, enable call making, connection to the internet, Bluetooth-enabled, GPS, and more. Moreover, it also offers an answering messages by voice and fitness tracking app. Apart from all these features, some of the smartwatches are also Bluetooth-enabled which allows it to connect it with a smartphone.
Smartwatches are wearable computing devices that resemble…
Wearable Technology Market by Product (Smart Bands, Smartwatches, OS-Powered Sma …
The Wearable Technology market research report displays the latest industry insights with future trends and analysis of the products and services, enabling you to deeply penetrate the market with high profitability. It also makes you aware of the leading competitors influencing the market along with the key factors to help you sustain your products or services with better forecast of demand and growth opportunities.
Telecom and IT estimates that Wearable Device…
Smartwatches Market: Lucrative Opportunites across Globe
A smartwatch is a wrist-worn type of wearable device providing various functionalities to its user and acting as a companion device with smartphones. Smartwatches are mostly need to be paired with a smartphone using any connecting technology such as near-field communication (NFC) or Bluetooth. Smartwatches provide notifications to its user and can also be used to track health parameters such as heart rate, distance traveled, etc. Moreover, smartwatches can also…
2014 - 2020: Smartwatches Global Market By Price Range - High-end Smartwatches, …
ResearchMoz presents this most up-to-date research on "2014 - 2020: Smartwatches Global Market By Price Range - High-end Smartwatches, Mid-end Smartwatches, and Low-end Smartwatches; By Operating System - Android Wear, Watch OS, and Others".
The smartwatch market has gained significant momentum in recent years due to the entry of several major players in the smartwatch market. Most component suppliers and smartphone vendors such as: Samsung Electronics, Inc., Sony Corporation, and Apple…
Smartwatches Market Trends and Forecast By 2020
The smartwatch market has gained significant momentum in recent years due to the entry of several major players in the smartwatch market. Most component suppliers and smartphone vendors such as: Samsung Electronics, Inc., Sony Corporation, and Apple Inc. are expanding their wearable product offerings.
Furthermore, most smartwatches available in the market currently work as companion devices; thus, the presence of a large number of existing smartphone users is a key…
By 2021, Smartwatches Market to exceed USD 21.09 Billion
Zion Research has published a new report titled “Smartwatches Market by Price Range (High-end, Mid-end and Low-end) by Operating System (Android Wear, Watch OS (iOS) and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 - 2021” According to the report, the global smartwatches market was valued at approximately USD 16.44 billion in 2015 and is expected to reach approximately USD 21.09 by 2021, growing at a CAGR of around…
