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smartwatch market size 2019

Register for a free trial today and gain instant access to 10,000+ market research reports. The North American region led the market in 2018, followed by APAC, Europe, South America, and MEA respectively. Smartwatch is a portable wearable device that is used to track various everyday activities such as steps covered in a day, calories burnt, heart rate, and others. The global smartwatch market is expected to post a CAGR of close to 16% during the period 2019-2023, according to Technavio. Global Smartwatch Market Report 2019 - Market Size, Share, Price, Trend and Forecast Published Date: April 2019 | Report Code: PROF-Chem-2106 The global smartwatch market is expected to grow at a CAGR of 25.78% during the forecast period, 2019–2026 The acknowledgment that health is the only wealth steals the thunder of all the worldly possessions. The availability of better offers in the form of discounts coupled with ease of shopping is expected to lead an increasing number of consumers to choose online platforms over offline platforms. Smartwatch growth continues to soar, as consumers increasingly accessorize their smartphones with fitness-led and health-focused wearables. The worldwide market for Smartwatches Market is expected to grow at a CAGR of roughly x.x% over the next ten years and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Rising net disposable income coupled with growing consumer awareness about the benefits of smartwatches expected to influence the market growth positively in the region. ... Home/Business/ Smartwatch Market 2019 Global Industry Size, Demand, Growth Analysis, Share, … Global Smartwatch Market: Growing Use of Smartwatches for Contactless Payments. The watch also features enhanced positioning capabilities which can simultaneously tap into GPS, GALILEO, and GLONASS three of the major satellite positioning systems, for precise positioning.In the coming years, the online sales channel expected to witness the fastest growth rate. During the forecast period, the North American region is expected to maintain its dominance over the global market due to the developments in wireless network infrastructure in the US. One of the most important factors aiding the smartwatch market growth can be attributed to the enhancement of functionalities of smartwatches. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Smartwatches Market Size, Analysis, Regional Outlook, Growth, Export Value, Shipment, Volume & Trade Modern smartwatches have various features such as GPS, barometer, heart rate sensor, better display, and longer battery life among others. Smartwatch OEMs are increasingly integrating NFC technology as a standard into most of their upcoming product offerings. Global Smartwatch Shipments market share by brand in Q1 2018 vs Q1 2019 Counterpoint Samsung trails Apple significantly in market share at just 11.1 percent, but grew faster at 127 percent. Presence of GPS, distance tracker, health tracker, and pairing of smartphones and smart watches via Bluetooth are expected to remain one of the key features that will attract the buyers in the near future. Global Smartwatch Market: ... Sports), Industry Analysis, Trends, and Forecast 2019 Market . This market research report segments the global smartwatch market by type (integrated and standalone), OS (watchOS, Tizen, Wear OS, and others) and geographical regions (North America, APAC, Europe, South America, and MEA). Smartwatches alone appear to be showing staggering potential for growth in the country, with the segment showing a 99.6 per cent (Year-on-Year) and 42.9 per cent (QoQ) growth in the second quarter of 2019. The integration of NFC technology has enhanced the functionality of smartwatches, leading to the incorporation of features that enable contactless payments, tag reading, and data transfer capabilities. The fact that, in many Asian countries, the demand for luxury Swiss watches have declined drastically as a result of more people preferring affordable timepieces such as smartwatches. What is the luxury watch market growth? Dublin, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The "Global Smartwatch Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Moreover, an increasing number of smartwatch manufacturers are focusing on improving the visual aesthetics of the watches in order to present them as fashion pieces. The global smartwatch market is segmented on the basis of type, application and geography. Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company. The global smartwatch market was valued at $20.64 billion in 2019, and is projected to reach $96.31 billion by 2027, registering a CAGR of 19.6% from 2020 to 2027.The study of smartwatch in this report emphasizes on various products, operating systems, and corresponding applications. © 2021 GlobeNewswire, Inc. All Rights Reserved. The global smartwatch market valued $10,223.9 million in 2017, is forecasted to witness a CAGR of 22.7% during 2018 - 2023. To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32076. Sign up today for your free Reader Account. Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. However, a lot of key players from China, and other countries are entering into this market. The smartwatch market was valued at US$ 12.45 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 16.4% during the forecast period from 2018 to 2026. b. The Global Fitness Trackers Market size is estimated to be growing at a CAGR of 20.1% from 2019 to 2025. As per Technavio, the growing use of smartwatches for contactless payments, will have a positive impact on the market and contribute to its growth significantly over the forecast period.

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