Global Smartwatch Market as per Products (Extension, Standalone, Classical), Application (Personal Assistance, Wellness, Medical/Health, Sports and Others), Operating System (Android, IOS, Windows and Others), and Geography – Global Forecast up to 2026

  • April, 2021
  • Domain: ICT - smart technologies
Pages: 91
Tables: 66
Charts: 96
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
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Smartwatches are considered either on their own or paired with a smartphone to deliver features, including making calls, checking caller ID, messaging via text or video, internet, fitness monitoring capabilities, accessing stock & weather updates, and offering GPS coordinates & location directions, and much more. A wearable computing device that closely competitions a wristwatch or any other time-keeping gadget is known as a smartwatch. Other than these features of a watch, most of the smartwatches are Bluetooth-enabled, increasing the capabilities of the wearer's smartphone and connecting it with the smartwatch. The product's wearer can now utilize the watch's interface to read text messages or email, accept or reject calls, use digital assistants, listen to music, and dictate text messages or emails. Such advanced features are expected to support the development of the global smartwatches market in the years to come. The Smartwatch Market is anticipated to grow at a CAGR of 19.5% by 2026.

Research Methodology:

The Smartwatch Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Smartwatch Market

Smartwatch Market by Application

  • Healthcare
  • Sports
  • Personal Assistance
  • Wellness
  • Others

Smartwatch Market by Product

  • Standalone
  • Classical
  • Extension

Smartwatch Market by Operating System

  • Android
  • IOS
  • Windows
  • Others

Smartwatch Market by Geography

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

Based on End-users, development in demand for connected & smart systems and huge investment by the government in building smart cities are the major key areas that drive smart wearables. These smart wearables are used to make a call, message alert, play games, listen to music, and others. The mobile phone can be easily retrieved through the smartphone.

The Asia-Pacific is anticipated to witness the highest development in the smartwatch market due to the rising consumer electronics industry, coupled with a rapid rise of smartwatch market vendors across the region's emerging economies. A growing tech-savvy population, an increasing pool of chronic diseases, such as obesity and diabetes, and growing awareness to maintain a healthy lifestyle drive market growth.

This report gives the profiles of companies leading the Smartwatch market: Apple Inc., Fitbit Inc., and Samsung Electronics Co. Ltd, among others.

  • This report offers an overall analysis of the Smartwatch market growth drivers, restraints, opportunities, and other related challenges.
  • This report depicts the market developments such as new product launches, mergers and acquisitions, diversification, and joint ventures of the market players.
  • This report also describes all potential segments and sub-segments present in the market to help the companies in strategic business planning.
  • This report also gives the regional analysis of the Smartwatch market in terms of market penetration across the world.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Products: Market Size & Analysis
    1. Overview
    2. Extension Smartwatch
    3. Standalone Smartwatch
    4. Classical Smartwatch
  6. Application: Market Size & Analysis
    1. Overview
    2. Personal Assistance
    3. Wellness
    4. Medical/health
    5. Sports
    6. Others
  7. Operating System: Market Size & Analysis
    1. Overview
    2. Android
    3. IOS
    4. Windows
    5. Others
  8. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  9. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  10. Vendor Profiles
    1. Lenovo Group Limited
      1. Overview
      2. Financial Overview
      3. Product End Users
      4. Developments
      5. Business Strategy
    2. Apple Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Fossil Group, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Polar Electro Oy
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Samsung Group
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Fitbit Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. LG Electronics Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Huawei Technologies Co., Ltd
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Garmin Ltd
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. AsusTek Computer Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  11. Analyst Opinion
  12. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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