Press Release

Smartwatch Market worth 19.5% CAGR by 2026

April, 2021

" COVID-19 Impact on Smartwatch market, size, share, growth, industry analysis, and forecast 2020-2026 "

A smartwatch is a wearable electronic device with computed abilities for particular operations, similar to the usual wristwatch. Besides displaying time, several smartwatches have the capability of wireless communication where a user can use the watch's interface to answer phone calls, read emails and messages, get weather updates, or use it as a personal digital assistant.

The smartwatch market's growth is majorly due to the rising investments in techniques to develop smart technologies for additional support in healthcare and fitness. Moreover, smartwatches are witnessing a surge in terms of new users, including the elderly population, due to health-monitoring features that attract the older generation and keep them updated regarding their health condition in real-time. In addition to that, the COVID-19 also has a major role in the smartwatch market's growth. Although the market has witnessed a disruption due to the pandemic, the smart watches' innovations for monitoring health conditions during COVID-19 have increased the demand for smartwatches.

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Additionally, the Hybrid smartwatch, a combination of usual mechanical watch and a smartwatch, generates an immense opportunity for vendors in the smartwatch market and provides additional features.

The Smartwatch Market research report titled “Smartwatch Market as per Products, Application, Operating System, and Geography – Global Forecast up to 2026.

Key players of the smartwatch market are Lenovo Group Limited, Apple Inc, Fossil Group, Inc., Polar Electro Oy, and Samsung Group.

North America is a major contributor in the market due to the existence of key players in this region and growth in the innovations in smartwatch products, which has increased users in this region.

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The report consists of 96 Tables and 66 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

Global Smartwatch Market as per Products

  • Extension Smartwatch
  • Standalone Smartwatch
  • Classical Smartwatch

Global Smartwatch Market as per Application

  • Personal Assistance
  • Wellness
  • Medical/health
  • Sports
  • Others

Global Smartwatch Market as per Operating System

  • Android
  • IOS
  • Windows
  • Others

Global Smartwatch Market as per Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication

karthick@infoholicresearch.com