Research study record concentrates on leading business and also vital motorists, existing development characteristics, advanced chances, and also brand-new product/project launches
NEW YORK CITY, April 27, 2023 /PRNewswire/ — The smartwatch market is anticipated to expand by USD 31,385.89 million at a CAGR of 14.83% from 2022 to 2027, according to the most up to date study record from Technavio. Technical advancements in the semiconductor sector are significantly driving market development. Slimness, little layout, and also high functional performance are a few of one of the most essential acquisition standards for smartwatches. Technical advancements such as system-on-chip (SoC) innovation and also micro-electro-mechanical systems (MEMS) are developing brand-new chances for smartwatch producers to establish little, small, and also energy-efficient smartwatches. These variables will certainly sustain market development throughout the projection duration. Obtain an extensive record recap explaining the marketplace dimension and also projection together with study method. Sight an example record!
Supplier landscape
The smartwatch market is fragmented, and also the suppliers are releasing natural and also not natural development approaches to contend on the market. Suppliers contend on the basis of a number of variables, such as high quality, rate, solution, brand name picture, circulation, and also advertising and marketing. Furthermore, a number of suppliers are concentrating on getting smaller sized brand names to boost their market existence. Hence, the affordable circumstance is anticipated to drive the development of the international smartwatch market throughout the projection duration. The essential offerings of a few of the major suppliers are listed here:
- ASUSTeK Computer System Inc. – The business uses smartwatches such as ASUS VivoWatch 5 and also ASUS VivoWatch SP.
- BBK Electronic Devices Corp Ltd – The business uses smartwatches under the brand name OnePlus.
- CASIO Computer System Co. Ltd. – The business uses smartwatches such as G shock step and also G team pro.
- ENOX Manufacturing Solutions GmbH – The business uses smartwatches such as HSB20XX and also SWP22.
To give a much deeper understanding of the affordable landscape, Technavio has actually profiled principals together with the research that classifies the international market division – Sight an example in mins
Trick market division
The incorporated section will certainly represent a considerable share of market development throughout the projection duration. An incorporated smartwatch links to various other computer tools, such as smart devices, with the aid of Bluetooth or Wi-Fi. These smartwatches allow customers to access the Web, send out and also get messages, obtain weather report, and also pay attention to songs. The need for incorporated smartwatches is anticipated to boost owing to the increasing infiltration of affordable smartwatches in arising markets and also the entrance of conventional watch manufacturers.
- OS
- Android Use
- Apple Watch OS
- Fitbit OS
- Tizen OS
- Location
- The United States And Canada
- APAC
- Europe
- South America
- Center East and also Africa
Sight an example record in mins For understandings on international, local, and also country-level specifications with development chances from 2017 to 2027.
Regional market overview
The United States And Canada is approximated to represent 42% of the development of the international smartwatch market throughout the projection duration. The area is a very early adopter of sophisticated modern technologies and also is residence to a number of smartwatch manufacturers, such as Apple, Fitbit, and also Garmin. The enhancing non reusable revenue, the introduction of incorporated LTE smartwatches, and also the spreading of wellness and also fitness-oriented attributes in smartwatches are driving the need for smartwatches in The United States And Canada. Furthermore, the advancement of cordless network framework sustains the development of the smartwatches market in the area.
For even more essential highlights on the local market share of the majority of those nations – Sight an example record
The smartwatch market covers the adhering to locations:
Smartwatch market sizing
Smartwatch market projection
Smartwatch market evaluation
Business pointed out
- Apple Inc.
- ASUSTeK Computer System Inc.
- BBK Electronic Devices Corp Ltd
- CASIO Computer System Co. Ltd.
- ENOX Manufacturing Solutions GmbH
- Fossil Team Inc.
- Garmin Ltd.
- HK SMARTMV Ltd.
- Huawei Technologies Co. Ltd.
- Think Of Advertising And Marketing Pvt. Ltd.
- Lenovo Team Ltd.
- Nexxbase Advertising And Marketing Pvt. Ltd.
- Omate Inc.
- Polar Electro Oy
- Samsung Electronic Devices Co. Ltd.
- Tata Sons Pvt. Ltd.
- Timex Team
- Zeblaze Innovation Co. Ltd
- Zebronics India Pvt. Ltd.
- ZTE Corp.
What’s brand-new?
- Unique insurance coverage on the Russia–Ukraine battle; international rising cost of living; recuperation evaluation from COVID-19; supply chain disturbances, international profession stress; and also threat of economic downturn
- Worldwide competition and also essential rival settings
- Market existence throughout numerous geographical impacts – Strong/active/niche/insignificant – Purchase the record!
Associated Records:
The watch market dimension is anticipated to boost by USD 19.28 billion from 2021 to 2026, and also the marketplace’s development energy will certainly speed up at a CAGR of 5.5%. In addition, this record thoroughly covers market division by kind (quartz, electronic, and also others) and also location (The United States And Canada, APAC, Europe, South America, and also the Center East and also Africa).
The international clever television sticks market dimension is approximated to expand by USD 612.44 million in between 2022 and also 2027, increasing at a CAGR of 7.78%. This record thoroughly covers market division by kind (non-4k and also 4k and also over), circulation network (hypermarket and also grocery store, online, corner store, and also specialized shop), and also location (The United States And Canada, Europe, APAC, South America, and also Center East and also Africa).
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Smartwatch Market Range |
|
Record Insurance Coverage |
Information |
Base year |
2022 |
Historical duration |
2017-2021 |
Projection duration |
2023-2027 |
Development energy & CAGR |
Speed Up at a CAGR of 14.83% |
Market development 2023-2027 |
USD 31,385.89 million |
Market framework |
Fragmented |
YoY development 2022-2023(%) |
13.54 |
Regional evaluation |
The United States And Canada, APAC, Europe, South America, and also Center East and also Africa |
Doing market payment |
The United States And Canada at 42% |
Trick nations |
United States, Canada, China, Japan, and also Germany |
Affordable landscape |
Leading suppliers, market positioning of suppliers, affordable approaches, and also sector threats |
Trick business profiled |
Apple Inc., ASUSTeK Computer System Inc., BBK Electronic Devices Corp Ltd, CASIO Computer System Co. Ltd., ENOX Manufacturing Solutions GmbH, Fossil Team Inc., Garmin Ltd., HK SMARTMV Ltd., Huawei Technologies Co. Ltd., Think Of Advertising And Marketing Pvt. Ltd., Lenovo Team Ltd., Nexxbase Advertising And Marketing Pvt. Ltd., Omate Inc., Polar Electro Oy, Samsung Electronic Devices Co. Ltd., Tata Sons Pvt. Ltd., Timex Team, Zeblaze Innovation Co. Ltd, Zebronics India Pvt. Ltd., and also ZTE Corp. |
Market characteristics |
Moms and dad market evaluation, market development inducers and also barriers, fast-growing and also slow-growing section evaluation, COVID-19 effect and also recuperation evaluation and also future customer characteristics, and also market problem evaluation for projection duration. |
Personalization province |
If our record has actually not consisted of the information that you are trying to find, you can connect to our experts and also obtain sectors tailored. |
Browse for Technavio Interaction Solutions market records
Trick Topics Covered:
1 Exec Recap
- 1.1 Market introduction
- Display 01: Exec Recap Graph on Market Summary
- Display 02: Exec Recap Information Table on Market Summary
- Display 03: Exec Recap Graph on Global Market Qualities
- Display 04: Exec Recap Graph on Market by Location
- Display 05: Exec Recap Graph on Market Division by Kind
- Display 06: Exec Recap Graph on Market Division by OS
- Display 07: Exec Recap Graph on Incremental Development
- Display 08: Exec Recap Information Table on Incremental Development
- Display 09: Exec Recap Graph on Supplier Market Positioning
2 Market Landscape
- 2.1 Market environment
- Display 10: Moms and dad market
- Display 11: Market Qualities
3 Market Sizing
- 3.1 Market meaning
- Display 12: Offerings of suppliers consisted of on the market meaning
- 3.2 Market section evaluation
- Display 13: Market sectors
- 3.4 Market overview: Projection for 2022-2027
- Display 14: Chart on Worldwide – Market dimension and also projection 2022-2027 ($ million)
- Display 15: Information Table on Global – Market dimension and also projection 2022-2027 ($ million)
- Display 16: Chart on Global Market: Year-over-year development 2022-2027 (%)
- Display 17: Information Table on Global Market: Year-over-year development 2022-2027 (%)
4 Historic Market Dimension
- 4.1 Worldwide smartwatch market 2017 – 2021
- Display 18: Historic Market Dimension Information Table on Global smartwatch market 2017 – 2021 ($ million)
- 4.2 By Kind Section Evaluation 2017 – 2021
- Display 19: Historic Market Dimension By Kind Section 2017 – 2021 ($ million)
- 4.3 By OS Section Evaluation 2017 – 2021
- Display 20: Historic Market Dimension By OS Section 2017 – 2021 ($ million)
- 4.4 Location Section Evaluation 2017 – 2021
- Display 21: Historic Market Dimension Location Section 2017 – 2021 ($ million)
- 4.5 Nation Section Evaluation 2017 – 2021
- Display 22: Historic Market Dimension Nation Section 2017 – 2021 ($ million)
5 Five Forces Evaluation
- 5.1 5 pressures recap
- Display 23: 5 pressures evaluation – Contrast in between 2022 and also 2027
- 5.2 Negotiating power of customers
- Display 24: Chart on Negotiating power of customers Influence of essential variables 2022 and also 2027
- 5.3 Negotiating power of distributors
- Display 25: Haggling power of distributors Influence of essential consider 2022 and also 2027
- 5.4 Danger of brand-new participants
- Display 26: Danger of brand-new participants Influence of essential consider 2022 and also 2027
- 5.5 Danger of alternatives
- Display 27: Danger of alternatives Influence of essential consider 2022 and also 2027
- 5.6 Danger of competition
- Display 28: Danger of competition Influence of essential consider 2022 and also 2027
- 5.7 Market problem
- Display 29: Chart on Market problem – 5 pressures 2022 and also 2027
6 Market Division by Kind
- 6.1 Market sectors
- Display 30: Chart on Kind – Market share 2022-2027 (%)
- Display 31: Information Table on Kind – Market share 2022-2027 (%)
- 6.2 Contrast by Kind
- Display 32: Chart on Contrast by Kind
- Display 33: Information Table on Contrast by Kind
- 6.3 Integrated – Market dimension and also projection 2022-2027
- Display 34: Chart on Integrated – Market dimension and also projection 2022-2027 ($ million)
- Display 35: Information Table on Integrated – Market dimension and also projection 2022-2027 ($ million)
- Display 36: Chart on Integrated – Year-over-year development 2022-2027 (%)
- Display 37: Information Table on Integrated – Year-over-year development 2022-2027 (%)
- 6.4 Standalone – Market dimension and also projection 2022-2027
- Display 38: Chart on Standalone – Market dimension and also projection 2022-2027 ($ million)
- Display 39: Information Table on Standalone – Market dimension and also projection 2022-2027 ($ million)
- Display 40: Chart on Standalone – Year-over-year development 2022-2027 (%)
- Display 41: Information Table on Standalone – Year-over-year development 2022-2027 (%)
- 6.5 Market possibility by Kind
- Display 42: Market possibility by Kind ($ million)
- Display 43: Information Table on Market possibility by Kind ($ million)
7 Market Division by OS
- 7.1 Market sectors
- Display 44: Chart on OS – Market share 2022-2027 (%)
- Display 45: Information Table on OS – Market share 2022-2027 (%)
- 7.2 Contrast by OS
- Display 46: Chart on Contrast by OS
- Display 47: Information Table on Contrast by OS
- 7.3 Android wear – Market dimension and also projection 2022-2027
- Display 48: Chart on Android wear – Market dimension and also projection 2022-2027 ($ million)
- Display 49: Information Table on Android wear – Market dimension and also projection 2022-2027 ($ million)
- Display 50: Chart on Android wear – Year-over-year development 2022-2027 (%)
- Display 51: Information Table on Android wear – Year-over-year development 2022-2027 (%)
- 7.4 Apple watch OS – Market dimension and also projection 2022-2027
- Display 52: Chart on Apple see OS – Market dimension and also projection 2022-2027 ($ million)
- Display 53: Information Table on Apple see OS – Market dimension and also projection 2022-2027 ($ million)
- Display 54: Chart on Apple see OS – Year-over-year development 2022-2027 (%)
- Display 55: Information Table on Apple see OS – Year-over-year development 2022-2027 (%)
- 7.5 Fitbit OS – Market dimension and also projection 2022-2027
- Display 56: Chart on Fitbit OS – Market dimension and also projection 2022-2027 ($ million)
- Display 57: Information Table on Fitbit OS – Market dimension and also projection 2022-2027 ($ million)
- Display 58: Chart on Fitbit OS – Year-over-year development 2022-2027 (%)
- Display 59: Information Table on Fitbit OS – Year-over-year development 2022-2027 (%)
- 7.6 Tizen OS – Market dimension and also projection 2022-2027
- Display 60: Chart on Tizen OS – Market dimension and also projection 2022-2027 ($ million)
- Display 61: Information Table on Tizen OS – Market dimension and also projection 2022-2027 ($ million)
- Display 62: Chart on Tizen OS – Year-over-year development 2022-2027 (%)
- Display 63: Information Table on Tizen OS – Year-over-year development 2022-2027 (%)
- 7.7 Market possibility by OS
- Display 64: Market possibility by OS ($ million)
- Display 65: Information Table on Market possibility by OS ($ million)
8 Client Landscape
- 8.1 Client landscape introduction
- Display 66: Evaluation of rate level of sensitivity, lifecycle, client acquisition basket, fostering prices, and also acquisition standards
9 Geographical Landscape
- 9.1 Geographic division
- Display 67: Chart on Market share by location 2022-2027 (%)
- Display 68: Information Table on Market share by location 2022-2027 (%)
- 9.2 Geographical contrast
- Display 69: Chart on Geographical contrast
- Display 70: Information Table on Geographic contrast
- 9.3 The United States And Canada – Market dimension and also projection 2022-2027
- Display 71: Chart on The United States And Canada – Market dimension and also projection 2022-2027 ($ million)
- Display 72: Information Table on The United States And Canada – Market dimension and also projection 2022-2027 ($ million)
- Display 73: Chart on The United States And Canada – Year-over-year development 2022-2027 (%)
- Display 74: Information Table on The United States And Canada – Year-over-year development 2022-2027 (%)
- 9.4 APAC – Market dimension and also projection 2022-2027
- Display 75: Chart on APAC – Market dimension and also projection 2022-2027 ($ million)
- Display 76: Information Table on APAC – Market dimension and also projection 2022-2027 ($ million)
- Display 77: Chart on APAC – Year-over-year development 2022-2027 (%)
- Display 78: Information Table on APAC – Year-over-year development 2022-2027 (%)
- 9.5 Europe – Market dimension and also projection 2022-2027
- Display 79: Chart on Europe – Market dimension and also projection 2022-2027 ($ million)
- Display 80: Information Table on Europe – Market dimension and also projection 2022-2027 ($ million)
- Display 81: Chart on Europe – Year-over-year development 2022-2027 (%)
- Display 82: Information Table on Europe – Year-over-year development 2022-2027 (%)
- 9.6 South America – Market dimension and also projection 2022-2027
- Display 83: Chart on South America – Market dimension and also projection 2022-2027 ($ million)
- Display 84: Information Table on South America – Market dimension and also projection 2022-2027 ($ million)
- Display 85: Chart on South America – Year-over-year development 2022-2027 (%)
- Display 86: Information Table on South America – Year-over-year development 2022-2027 (%)
- 9.7 Center East and also Africa – Market dimension and also projection 2022-2027
- Display 87: Chart on Center East and also Africa – Market dimension and also projection 2022-2027 ($ million)
- Display 88: Information Table on Center East and also Africa – Market dimension and also projection 2022-2027 ($ million)
- Display 89: Chart on Center East and also Africa – Year-over-year development 2022-2027 (%)
- Display 90: Information Table on Center East and also Africa – Year-over-year development 2022-2027 (%)
- 9.8 United States – Market dimension and also projection 2022-2027
- Display 91: Chart on United States – Market dimension and also projection 2022-2027 ($ million)
- Display 92: Information Table on United States – Market dimension and also projection 2022-2027 ($ million)
- Display 93: Chart on United States – Year-over-year development 2022-2027 (%)
- Display 94: Information Table on United States – Year-over-year development 2022-2027 (%)
- 9.9 China – Market dimension and also projection 2022-2027
- Display 95: Chart on China – Market dimension and also projection 2022-2027 ($ million)
- Display 96: Information Table on China – Market dimension and also projection 2022-2027 ($ million)
- Display 97: Chart on China – Year-over-year development 2022-2027 (%)
- Display 98: Information Table on China – Year-over-year development 2022-2027 (%)
- 9.10 Germany – Market dimension and also projection 2022-2027
- Display 99: Chart on Germany – Market dimension and also projection 2022-2027 ($ million)
- Display 100: Information Table on Germany – Market dimension and also projection 2022-2027 ($ million)
- Display 101: Chart on Germany – Year-over-year development 2022-2027 (%)
- Display 102: Information Table on Germany – Year-over-year development 2022-2027 (%)
- 9.11 Japan – Market dimension and also projection 2022-2027
- Display 103: Chart on Japan – Market dimension and also projection 2022-2027 ($ million)
- Display 104: Information Table on Japan – Market dimension and also projection 2022-2027 ($ million)
- Display 105: Chart on Japan – Year-over-year development 2022-2027 (%)
- Display 106: Information Table on Japan – Year-over-year development 2022-2027 (%)
- 9.12 Canada – Market dimension and also projection 2022-2027
- Display 107: Chart on Canada – Market dimension and also projection 2022-2027 ($ million)
- Display 108: Information Table on Canada – Market dimension and also projection 2022-2027 ($ million)
- Display 109: Chart on Canada – Year-over-year development 2022-2027 (%)
- Display 110: Information Table on Canada – Year-over-year development 2022-2027 (%)
- 9.13 Market possibility by location
- Display 111: Market possibility by location ($ million)
- Display 112: Information Tables on Market possibility by location ($ million)
10 Chauffeurs, Difficulties, and also Patterns
- 10.3 Influence of motorists and also obstacles
- Display 113: Influence of motorists and also obstacles in 2022 and also 2027
11 Supplier Landscape
- 11.2 Supplier landscape
- Display 114: Summary on Urgency of inputs and also Aspects of distinction
- 11.3 Landscape disturbance
- Display 115: Summary on variables of disturbance
- 11.4 Market threats
- Display 116: Influence of essential threats on organization
12 Supplier Evaluation
- 12.1 Suppliers covered
- Display 117: Suppliers covered
- 12.2 Market positioning of suppliers
- Display 118: Matrix on supplier placement and also category
- 12.3 Apple Inc.
- Display 119: Apple Inc. – Summary
- Display 120: Apple Inc. – Service sectors
- Display 121: Apple Inc. – Trick information
- Display 122: Apple Inc. – Trick offerings
- Display 123: Apple Inc. – Section emphasis
- 12.4 ASUSTeK Computer System Inc.
- Display 124: ASUSTeK Computer System Inc. – Summary
- Display 125: ASUSTeK Computer System Inc. – Item / Solution
- Display 126: ASUSTeK Computer System Inc. – Trick information
- Display 127: ASUSTeK Computer System Inc. – Trick offerings
- 12.5 BBK Electronic Devices Corp Ltd
- Display 128: BBK Electronic Devices Corp Ltd – Summary
- Display 129: BBK Electronic Devices Corp Ltd – Item / Solution
- Display 130: BBK Electronic Devices Corp Ltd – Trick offerings
- 12.6 CASIO Computer System Co. Ltd.
- Display 131: CASIO Computer System Co. Ltd. – Summary
- Display 132: CASIO Computer System Co. Ltd. – Service sectors
- Display 133: CASIO Computer System Co. Ltd. – Trick offerings
- Display 134: CASIO Computer System Co. Ltd. – Section emphasis
- 12.7 ENOX Manufacturing Solutions GmbH
- Display 135: ENOX Manufacturing Solutions GmbH – Summary
- Display 136: ENOX Manufacturing Solutions GmbH – Item / Solution
- Display 137: ENOX Manufacturing Solutions GmbH – Trick offerings
- 12.8 Fossil Team Inc.
- Display 138: Fossil Team Inc. – Summary
- Display 139: Fossil Team Inc. – Service sectors
- Display 140: Fossil Team Inc. – Trick offerings
- Display 141: Fossil Team Inc. – Section emphasis
- 12.9 Garmin Ltd.
- Display 142: Garmin Ltd. – Summary
- Display 143: Garmin Ltd. – Service sectors
- Display 144: Garmin Ltd. – Trick offerings
- Display 145: Garmin Ltd. – Section emphasis
- 12.10 HK SMARTMV Ltd.
- Display 146: HK SMARTMV Ltd. – Summary
- Display 147: HK SMARTMV Ltd. – Item / Solution
- Display 148: HK SMARTMV Ltd. – Trick offerings
- 12.11 Huawei Technologies Co. Ltd.
- Display 149: Huawei Technologies Co. Ltd. – Summary
- Display 150: Huawei Technologies Co. Ltd. – Service sectors
- Display 151: Huawei Technologies Co. Ltd. – Trick information
- Display 152: Huawei Technologies Co. Ltd. – Trick offerings
- Display 153: Huawei Technologies Co. Ltd. – Section emphasis
- 12.12 Lenovo Team Ltd.
- Display 154: Lenovo Team Ltd. – Summary
- Display 155: Lenovo Team Ltd. – Service sectors
- Display 156: Lenovo Team Ltd. – Trick offerings
- Display 157: Lenovo Team Ltd. – Section emphasis
- 12.13 Nexxbase Advertising And Marketing Pvt. Ltd.
- Display 158: Nexxbase Advertising And Marketing Pvt. Ltd. – Summary
- Display 159: Nexxbase Advertising And Marketing Pvt. Ltd. – Item / Solution
- Display 160: Nexxbase Advertising And Marketing Pvt. Ltd. – Trick offerings
- 12.14 Omate Inc.
- Display 161: Omate Inc. – Summary
- Display 162: Omate Inc. – Item / Solution
- Display 163: Omate Inc. – Trick offerings
- 12.15 Polar Electro Oy
- Display 164: Polar Electro Oy – Summary
- Display 165: Polar Electro Oy – Item / Solution
- Display 166: Polar Electro Oy – Trick offerings
- 12.16 Tata Sons Pvt. Ltd.
- Display 167: Tata Sons Pvt. Ltd. – Summary
- Display 168: Tata Sons Pvt. Ltd. – Service sectors
- Display 169: Tata Sons Pvt. Ltd. – Trick offerings
- Display 170: Tata Sons Pvt. Ltd. – Section emphasis
- 12.17 ZTE Corp.
- Display 171: ZTE Corp. – Summary
- Display 172: ZTE Corp. – Service sectors
- Display 173: ZTE Corp. – Trick information
- Display 174: ZTE Corp. – Trick offerings
- Display 175: ZTE Corp. – Section emphasis
13 Appendix
- 13.2 Additions and also exemptions list
- Display 176: Additions list
- Display 177: Exemptions list
- 13.3 Money conversion prices for US$
- Display 178: Money conversion prices for US$
- 13.4 Research study method
- Display 179: Research study method
- Display 180: Recognition strategies utilized for market sizing
- Display 181: Details resources
- 13.5 Checklist of acronyms
- Display 182: Checklist of acronyms
Regarding United States
Technavio is a leading international innovation study and also consultatory business. Their study and also evaluation concentrate on arising market patterns and also give workable understandings to aid companies recognize market chances and also establish reliable approaches to enhance their market settings. With over 500 specialized experts, Technavio’s record collection includes greater than 17,000 records and also checking, covering 800 modern technologies, extending throughout 50 nations. Their customer base includes ventures of all dimensions, consisting of greater than 100 Ton of money 500 business. This expanding customer base depends on Technavio’s detailed insurance coverage, substantial study, and also workable market understandings to recognize chances in existing and also prospective markets and also evaluate their affordable settings within altering market circumstances.
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