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Smartwatch Market Future Outlook : Investment Trends, Growth and Future Market Analysis by Regions!

01-18-2018 07:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Market Research

Smartwatch Market Future Outlook : Investment Trends, Growth

Global smartwatch market is growing, due to increased demand of home and remote patient monitoring, increased demand of wearable sensors for infants, and rapid innovation in sensor technology. The demand of continuous health monitoring features for infants is continuously increasing, since the past few years. The constant monitoring of physiological parameters of an infant’s body is carried out by using wearable sensors system, observing external threats as well as internal threats by parents. The increasing use of wearable systems in physiological monitoring is providing ample growth opportunities for the global smartwatch market. Additionally, strong distribution support is also supporting the growth of the market. The key competitors in the market are collaborating with their re-sellers and suppliers for penetrating in the market through selection of right geography, channel, and target audience.

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Among all the regions, North America led the global market; whereas the Asia-Pacific market is expected to grow with the highest rate during the coming years. The high growth rate of Asia-Pacific market is due to the presence of low-cost android based smartwatch manufacturers in developing countries of the region, such as China. Among the various products, the extension smartwatch segment leads the market; whereas among all the operating systems, android segment leads the global market. Smartwatches are majorly used in personal assistance and wellness applications.

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Some of the competitors in the global smartwatch market are Samsung Electronics Co. Ltd., Google Inc., Sony Corporation, Apple Inc., Fitbit Inc., and Garmin Ltd.

Global Smartwatch Market Segmentation
By Product
• Extension
• Classic
• Standalone
By Operating System
• Android
• Windows
• IOS
• Others
By Application
• Wellness
• Sports
• Medical
• Personal Assistance
• Others
By Geography
• North America
• Europe
• Asia -Pacific
• Rest of the World

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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