Over the next five years Smartwatches will register a 22.5% CAGR in terms of revenue, reach US$ 36900 million by 2023, from US$ 10900 million in 2017.
Global Smartwatches Market 2018 which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that the market for Smartwatches Sales would rise at a positive CAGR during the period 2018-2023
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
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.
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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 key manufacturers covered in this report:
• Apple
• Samsung
• Sony
• Motorola/Lenovo
• LG
• Fitbit
• Withings
• Polar
• Asus and More…
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Research objectives
• To study and analyze the global Smartwatches consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Smartwatches market by identifying its various subsegments.
• Focuses on the key global Smartwatches manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Smartwatches with respect to individual growth trends, future prospects, and their contribution to the total market and More….
To calculate the market size, value and volume generated from the sales of the following segments:
Segmentation by product type:
- Apple Watch Kit
- Android Wear
- Tizen
- Embedded OS
Segmentation by application:
- Personal Assistance
- Medical and Health
- Fitness
- Personal Safety
Tables of Contents:
Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Smartwatches by Players
Chapter 4: Smartwatches by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe
TOC Continued….!
Tables and Figures:
• Figure Picture of Smartwatches
• Table Product Specifications of Smartwatches
• Figure Smartwatches Report Years Considered
• Figure Market Research Methodology
• Figure Global Smartwatches Consumption Growth Rate 2013-2023 (T)
• Figure Global Smartwatches Value Growth Rate 2013-2023 ($ Millions)
• Table Smartwatches Consumption CAGR by Region 2013-2023 ($ Millions)
• Figure Product Picture of Organic Smartwatches
• Table Major Players of Organic Smartwatches
• Figure Product Picture of Regular Smartwatches
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