Smartwatch Market Is Supposed to Grow 22.4% in 5 Years | Planet Market Reports

Global Smartwatches Market Research Reports 2019-2024

Smartwatch is an information processing device with the basic time function. The watch may communicate with external devices such as smart phones, sensors, and a wireless headset. Smartwatch often consists of two parts: Peripheral devices and software. Peripheral devices of Smartwatch may include camera, thermometer, accelerometer, altimeter, barometer, compass, GPS receiver, speaker and SDcard that is recognized as a mass storage device by a computer. Software may include Map display, scheduler, calculator, and various kinds of watch face.

Scope of the Report:

At present, in developed countries, the Smartwatch industry is generally at a more advanced level. The world/ s famous enterprises are mainly concentrated in USA, Korea and Japan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Smartwatch production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.

China’s Smartwatch industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Smartwatch, but the production technology is relatively laggard to produce some low-end product. The new production lines are increasing, and the high-end product is still relying on import.

With the rapid growth of the national economy as well as the rapid development of smartwatch, Chinese Smartwatch market demand is exuberant, it will provide a good opportunity for the development of watch market and technology.The smartwatch manufacturer has squeezed the traditional Smartwatch market. But there are also opportunities to the watch brands which has established to deliver quality and to determine style trends for watches.Most traditional watch manufacturers also enter into the smartwatch market.The competition will more intense in next few years.

The worldwide market for Smartwatches is expected to grow at a CAGR of roughly 22.5% over the next five years, will reach 36900 million US$ in 2024, from 10900 million US$ in 2019, according to a new Planet Market Reports study.

This report focuses on the Smartwatches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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MARKET SEGMENT BY MANUFACTURERS, THIS REPORT COVERS

Apple
Samsung
Sony
Motorola/Lenovo
LG
Pebble
Fitbit
Garmin
Withings
Polar
Asus
Huawei
ZTE
inWatch
Casio
TAG Heuer
TomTom
Qualcomm
Weloop
Epson
Geak
SmartQ
Hopu
Truly

MARKET SEGMENT BY REGIONS, REGIONAL ANALYSIS COVERS

North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

MARKET SEGMENT BY TYPE, COVERS

Apple Watch Kit
Android Wear
Tizen
Embedded OS

MARKET SEGMENT BY APPLICATIONS, CAN BE DIVIDED INTO

Personal Assistance
Medical and Health
Fitness
Personal Safety

The content of the study subjects includes a total of 15 chapters:

Chapter 1, to describe Smartwatches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Smartwatches, with price, sales, revenue and global market share of Smartwatches in 2017 and 2018.
Chapter 3, the Smartwatches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smartwatches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Smartwatches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Smartwatches sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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