Press release
Smart Watch Market 2018-2027: Key Players – Pebble, Samsung, Connectedevice Ltd., Fitbit Inc., Motorola, Huawei
Market Scenario
Technology is growing with the rapid speed and people want portability in every possible way. Smart Watches are computerized wristband which is connected with a cellphone and provides bundles of features to their users. It reduces the time and helps to gather information and reply to it quickly. This market has grown immensely in past couple of years and the reason behind this is the technological advancement and curiosity for new products in IT industry. Currently this market has been growing with the very high CAGR. It is expected that Global Smart Watch Market will reach the market size of US $XX billion by the end of forecasted period.
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Market Segmentation
Segmentation by Operating System: Android Wear, Tizen, Linux and others (iOS, MediaTek’s LinkIt)
Segmentation by Application: Personal Assistance & Safety, Health / Wellness, Media and Entertainment, Sports, Communication and others (Corporate, Smart Home, Social Networking, Access Control, Payments, Gaming, Photography, Education, Customer Service, Public Services, Science and Research, Defense and Military)
Key Players:
Martian (U.S.), Pebble (U.S.), Qualcomm (U.S.), Samsung (South Korea), Sony (Japan), Connectedevice Ltd. (Japan), Apple (U.S.), Fitbit, Inc. (U.S.), LG (South Korea), Motorola (U.S.), Huawei (China) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Smart Watches Market.
Study Objective of Smart Watch Market
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Smart Watch Market
• To provide insights about factors affecting the market growth
• To analyze the Smart Watch market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by operating system, by application and sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Watch Market
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Industry News
December, 2017, Fitbit, the leading global wearables brand, today delivers the first update to its Fitbit OS platform for a smarter, more personalized experience for Fitbit Ionic™ smartwatch users with more than 60 apps now available across a wide range of categories, 100+ clock faces, and enhanced performance. Fitbit is also introducing Fitbit Labs, a Fitbit Research initiative that will bring innovative apps and intelligent clock face experiences to users to motivate and drive behavior change, and help accelerate the company’s pace of innovation. Additionally, Fitbit is partnering with Deezer to bring its dynamic, personal streaming music service to Ionic users across the globe in 2018.
October, 2017, Fossil announced the launch of its smallest hybrid smartwatches to date, featuring new products including Q Neely and, Q Jacqueline. Tailored specifically to the female customer, the newest additions to the Fossil Q lineup infuse technology into the classically designed watch profile of the brand’s best-selling styles, while offering new functionality. Available starting October 22 in Fossil stores and online at fossil.com, these new smaller styles offer customers the most discreet and fashion-forward options for smartwatches yet, featuring a 36 millimeter case and Fossil’s quintessential understated, yet elegant design, as well as limitless options for personalization including interchangeable straps in leather, silicone and stainless steel.
August, 2017, Garmin International, Inc., a unit of Garmin Ltd. announced the vívoactive 3, a GPS smartwatch that introduces Garmin PayTM, a contactless payment solution that lets users make secure payments from the watch, no phone or wallet required1. With ElevateTM wrist-based heart rate2 and over 15 built-in indoor and outdoor sports apps, the vívoactive 3 is packed with features to keep up with a varied active lifestyle. The vívoactive 3 is one of the many new wearables from Garmin being launched in conjunction with IFA in Berlin, Germany.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
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