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smartwatch market 2020

Further, the cellular-capable smartwatch is becoming more popular and accounts for more than one in four smartwatches shipped, benefitting the likes of Qualcomm. Market Trends? Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Samsung had stagnated in H1 2020. Garmin’s share of the smartwatch market rose from 7 percent in Q1 2019 to 8 percent in Q1 2020. Executive Summary, A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Smartwatch Market. In 2020, Samsung launched the Galaxy Watch 3 , and the South Korean firm is rumored to be switching to Google’s Wear OS operating system later this year. The GMI Research's latest analysis reveals that the Smartwatch Market is slated to register a significant CAGR over the forecast period. Analysts attribute this to a new […] Their 47.9 percent share was followed by Samsung whose market amounted to13.4 percent. No additional cost will be required to pay for limited additional research.Â. Since this is the last quarter of the year, the report includes data for the year as a whole. 2019 – Another Turbulent Year Ahead for Automakers? 11.1 Europe Smartwatch Market by Country, 2015-2020; 11.1.1 Europe Smartwatch Market Size by Type (2015-2020) 11.1.2 Europe Smartwatch Market Size by Applications (2015-2020) 11.2 Germany; 11.2.1 Germany Smartwatch Market (USD Million) Size by Type (2015-2020) 11.2.2 Germany Smartwatch Revenue Market Size by Applications (2015-2020) 11.3 France Other Report Highlights? Counterpoint Technology Market Research is a global research firm specializing in Technology products in the TMT industry. DSCC says that in Q3 2020 JDI and Tianma saw very large increase in shipments, while EDO's shipments int his market declined 20%. Our growing team of industry analysts and thought leaders should address all your needs. Get more information on this report : Req… Reported by analytics firm Counterpoint, Apple captured half of the global smartwatch market in the first half of 2020.Senior Analyst Sujeong Lim remarked that strong demand for the new Apple Watch Series 5 grew Apple's overall shipments by twenty-two percent. The MarketWatch News Department was not involved in the creation of this content. In the final quarter of last year, Apple Watch models accounted for 40% of the market share. Though Apple’s shipments fell 13%, its smartwatch platform remains the world’s largest and is growing steadily. By Product Type (Extension, Standalone, Classic/Hybrid)? The Apple Watch is still the smartwatch to beat by a mile in 2020. Apple held the largest share of the global smartwatch shipment market in the first quarter of 2020. Porter Five Force Analysis? Key factors driving the robust growth rate of North America region include increasing tech-savvy population, rising pool of chronic diseases like obesity and diabetes and growing popularization of health and fitness to maintain healthy lifestyle. A comprehensive report on the smartwatch shipment tracker by model and geography is available for subscribing clients on our research portal. The smartwatch market had a shipment of 68.6 million unit shipment in 2020 and expected to reach 157.2 million by 2026 and grow at a CAGR of 14.5% over the forecast period (2021 - 2026). Counterpoint Research analysts summed up the last quarter of 2020 in the smartwatch market. In terms of shipment volumes, Apple Watch grew 22% globally with Europe and North America being the fastest growing markets in the first half of 2020.”, Commenting on the competitive landscape, Vice President Research Neil Shah said: “Huawei saw healthy volumes (+57% YoY), jumping to the second spot globally in the first half of 2020. By Distribution Channel (Offline and Online). Regional Smartwatch Market - Size, Growth, Forecast? The Global Smartwatch market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Shipments in the smartwatch market grew by just 1.5% in 2020, impacted by the COVID-19 pandemic and associated restrictions, according to research from … The Global Smartwatch market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the … Press release - reports intellect - Smartwatch Market 2020 crafting new business strategies by: Motorola/Lenovo, LG, Pebble, Fitbit, Garmin, Withings, Polar - published on openPR.com A new versatile research report on “Global Smartwatch Market Size, Share, Growth and Forecast 2021-2027” is aimed at … Smartwatch Market Size The size of the global smartwatch market is expected to be growing at a CAGR of 18.32% during 2020 to 2025 and worth USD 130.92 Billion by 2025. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Smartwatch market. Between 2016 … Competitive Landscape? Not bits for Fitbit, Fossil, et al. After 10+ years product marketing experience during her working period, she joined Counterpoint to pursue her interest in IoT and emerging future technology. Counterpoint Research 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. You can also contact MarketWatch Customer Service via our Customer Center. According to a recent report published by Allied Market Research, titled, “Smartwatch Market By Product, Application, and Operating System: Global Opportunity Analysis and Industry Forecast, 2020-2027”, 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 massive leaps in battery life and processing power are helping to better track overall health as continual heartrate, sleep and other monitoring can be done instead of the device sitting on a charger. Please touch base for any queries or insights on tech industry. The brand saw healthy demand (+31% YoY) for its Forerunner and Fenix line, making up one of the broadest portfolios of smartwatches in the market. By Operating System (WatchOS, WearOS, Tizen, RTOS and Others) ? Fall detection and SPO2 are the features that should see mass-adoption in future models. This year, the average selling price of smartwatches is expected to improve. China, India and the rest of Asia remain central to these brands’ growth story. Get in Touch, @2020 copyrights Counterpoint Technology Market Research | All rights reserved, Global Smartwatch Market Revenue up 20% in H1 2020, Led by Apple, Garmin & Huawei, Weekly Update: Global Coronavirus Impact and Implications, Podcast: 5G Smartphone Shipments to Double in 2021 Despite Component Shortages, India TWS Shipments Cross 10 Million, Post 641% YoY Growth in Q4 2020, True Wireless Hearables Market Beats Expectations in 2019 with Apple to Continue Dominating in 2020, Top Five Smartphone Brands in Nigeria Capture a Record 84% Share in Q2 2019, Nokia Leads the Global Rankings in Updating Smartphone Software and Security. Copyright © 2021 MarketWatch, Inc. All rights reserved. The Extension Smartwatches has been witnessing growth at a noteworthy rate over the past few years backed by wider availability of options which adds flexibility in decision making with its increasing usage in segments such as Fitness, Healthcare, Personal assistance etc. The Smartwatch Market is expected to grow at a CAGR of 14.5% during the forecast period 2020 to 2025. Since it appeals to fewer premium consumers compared to Apple, demand from its base was weaker during the pandemic. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Published by Statista Research Department, Jan 22, 2021 In 2019, an estimated 20.1 million smartwatches were sold in the United States. Worldwide, smartwatch shipments grew 12% YoY … Huawei benefitted from significant demand for its smartwatches, especially the Watch GT2 series in its home market China and Asian markets, with shipment volumes growing 90% in both the regions. The report analyzes the Smartwatch Market by Product Type of Smartwatch (Extension, Standalone and Classic/Hybrid), By Operating System (WatchOS, WearOS, Tizen, RTOS, and Others), and By Distribution Channel (Offline and Online). We expect to continue to see a focus on fitness and wellness applications.”. By Operating System (WatchOS, WearOS, Tizen, RTOS and Others) ? The whole smartwatch market increased 36% in Q3 2020, to reach 41 million, and DSCC expects the growth to continue to reach 45 million in Q4 2020. Worldwide smartwatch shipments reached 14.3 million units in Q1 2020, up 12% year on year, despite COVID-19. WatchOS gained 4 million new active users during the quarter, bringing the total installed base to an estimated 70 million. ‘My husband told me that my $1,400 stimulus check will be spent on aluminum siding on our home.’ What can I do. Commenting on the smartwatch market dynamics, Senior Analyst Sujeong Lim said: “The smartwatch space remains a popular consumer device segment, compared to the downturn seen in smartphone demand and many other segments in the first six months of 2020 due to the devastation caused by COVID-19. Market Dynamics - Drivers and Restraints? Smartwatch Market 2020–2027: Current Trends, Market Share, Top Impacting Factors and Product Development Strategies By Apple, Motorola, Google, Fitbit, … Increase in smartphones penetration in Asia pacific will drive market growth at a fastest rate. Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Fitbit, Ticwatch and Suunto faced some tough competition from Garmin and Apple during the first half and will thus look forward to ramping up initiatives to ignite the demand during the holiday season.”, Exhibit 2: Global Smartwatch Best-Selling Models by Shipment Volumes, H1 2020, Commenting on other smartwatch trends, Research Director Jeff Fieldhack said: “Google WearOS continues to account for 10% of the total smartwatch market, behind Apple WatchOS. COMTEX_382588445/2606/2021-03-12T05:39:21. By Product Type (Extension, Standalone, Classic/Hybrid)? Heart rate monitoring now is featured in almost 60% of the smartwatches. Sujeong Lim is a Research Analyst at Counterpoint Research based out of Seoul Korea. Apple has shipped 5.2 million smartwatches in the first quarter of 2020 holding 36.3 % market share. SWOT Analysis? Is there a problem with this press release? Different operating systems such as watchOS, Android, Linux, and others are available in the market. Samsung faced some headwinds during the first half, but the launch of Galaxy Watch 3 in the second half could drum up some demand for the Korean vendor. Seoul, Hong Kong, New Delhi, Beijing, London, Buenos Aires, San Diego — August 20, 2020, Exhibit 1: Global Smartwatch Shipment Revenue Share % in H1 2020 vs H1 2019. Smartwatch Market is expected to rise to an estimated value to grow with the healthy CAGR of 17.7% in the forecast period of 2019-2026. Health and fitness will remain key applications of smartwatches due to growing health-conscious consumer that needs real-time feedback and tracking. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. The top three brands contributed more than 69% of the total market revenue in H1 2020. Since this is the last quarter of the year, the report includes data for the year as a whole. The report titled "Global Smartwatch Market - Analysis By Product Type (Extension, Standalone, Hybrid), By OS (WatchOS, WearOS, Tizen, RTOS), By Application (Fitness, Lifestyle), By Channel (Online, Offline), By Region, By Country (2019 Edition): World Market Review and Forecast to 2024 - By Region (North America, Europe, Asia Pacific, Rest of the World), By Country (US, Canada, UK, Germany, France, Italy, China, Japan, India, Australia)" has covered and analyzed the potential of global smartwatch market and provides statistics and information on market size, shares and growth factors. India (+57% YoY), Europe (+9% YoY) and the US (+5% YoY), the most affected regions of COVID-19, saw a healthy growth in smartwatch shipments which offset the decline in other markets.”, Lim added: “Apple continued to dominate the smartwatch market both in volume and value. The global smartwatch market posted a healthy 20% revenue growth in H1 2020 despite the COVID-19 pandemic and shipments remaining flat compared to the same period last year, according to the latest research from Counterpoint’s IoT service. Its key analysts are experts in the industry with an average tenure of 13 years in the high-tech industry. Square form-factor accounts for almost two-thirds of the smartwatches globally as the form factor is helping to better fit additional sensors and needed battery footprint. By Distribution Channel (Offline and Online), Country Analysis - US, Canada, UK, Germany, France, Italy, China, Japan, India, Australia (Actual Period: 2014-2018, Forecast Period: 2019-2024)? Amazfit Bip S, New smartwatch from Huami set to launch at CES 2020. Analysts attribute this to a new wave of … Garmin Vivoactive 3 GPS Smartwatch — $123.80 (List Price $249.99) Garmin Instinct Rugged Outdoor Smartwatch With GPS — $204.00 (List Price $299.99) Latest News: Garmin Instinct 2 Leaks with Pulse OX and Solar Charging Feature. So, in the fourth quarter of 2020, the smartwatch market declined slightly on an annualized basis. Mar 12, 2021 (AmericaNewsHour) -- Contact the source provider Comtex at [email protected]. Smartwatch Market Share, Size, Trends Analysis & Industry Forecast Report, 2020-2027. So, in the fourth quarter of 2020, the smartwatch market declined slightly on an annualized basis. According to new data via Counterpoint Research, the Apple Watch accounted for an estimated 51.4% of global smartwatch market revenue during the first two quarters of 2020. IoT-driven smartwatches are a key trend that will not only operate as a standalone technology but interact with other IoT-devices to vastly improve a user's quality of life. Garmin, the second-largest brand in terms of revenue globally, continued to make strides cornering the sports enthusiast and athlete market. Company Analysis - Apple, Sony Corporation, Fossil Group, Xiaomi Corporation, TomTom International, Samsung, Garmin Ltd, Fitbit and Huawei Technologies Co. Ltd. Customization of the ReportThe report could be customized according to the client's specific research requirements. It services major technology firms and financial firms with a mix of monthly reports, customized projects and detailed analysis of the mobile and technology markets. Additionally, the report also highlights market entry strategies for various companies across the globe.Â, Global Smartwatch Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)? According to Azoth Analytics research report "Global Smartwatch Market - Analysis By Product Type (Extension, Standalone, Hybrid), By OS (WatchOS, WearOS, Tizen, RTOS), By Application (Fitness, Lifestyle), By Channel (Online, Offline), By Region, By Country (2019 Edition): World Market Review and Forecast to 2024 - By Region (North America, Europe, Asia Pacific, Rest of the World), By Country (US, Canada, UK, Germany, France, Italy, China, Japan, India, Australia)", the global Smartwatch market is projected to display a robust growth represented by a CAGR of 18.44% during 2019 - 2024. HTC, Huawei and ZTE China-based technological giants are focusing to enter in smartwatch market. A new report from Canalys reveals some of the trends in the growth of the global smartwatch market. By Product Type (Extension, Standalone, Classic/Hybrid)? Apple was the single largest smartwatch maker in Q4 of 2019 when it controlled 34% of the market. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. Apple captured a record half of the market in terms of revenue due to strong demand for the Apple Watch S5 models. The global smartwatch market posted a healthy 20% revenue growth in H1 2020 despite the COVID-19 pandemic and shipments remaining flat compared to the same period last year, according to the latest research from Counterpoint’s IoT service. Hawaii ranks second with 14.9% market share with the 2.1 million shipments which is 113% more growth than the last year. The Smartwatch Display Panel market intelligence report provide significant insight about the growth catalysts, restraints, and challenges defining the growth matrix over the ensuing years.. As per the study, the Smartwatch Display Panel market is poised to record a y-o-y growth rate of XX% over the forecast period (2020-2025), while amassing notable revenues by the end of study duration. The Final Report will cover the impact analysis of COVID-19 on this industry: Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10086141. In Counterpoint, she focuses on mobile ICT industry and mobile device research, especially dedicated on the Korea mobile market. By Operating System (WatchOS, WearOS, Tizen, RTOS and Others)? https://www.kennethresearch.com/sample-request-10086141, Smartwatch Market Size, Share 2020: Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024, What to do if you already filed taxes but want to claim the $10,200 unemployment tax break, Lordstown stock falls 20% after short seller says electric-truck is a ‘mirage’, Fewer people take a ‘wait and see’ approach to COVID-19 vaccine — here’s what changed their minds, What the democratization of private aviation means for investors. Counterpoint Research analysts summed up the last quarter of 2020 in the smartwatch market. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players. Europe and North America remain the key markets for Garmin.”, Talking about fast-growing brands, Shah said: “Amazfit (+51% YoY) and Xiaomi (+47% YoY) made healthy strides during the first half with expanding portfolios and better geographic reach. Apple, Garmin, and Huawei continue to top the smartwatch market in 2020. Analysts… Xiaomi crowdfunding Mi Watch Forbidden City Edition at 1299 yuan. Smartwatch Market - Size and Growth? As per our market analysis report, the worth of the global smartwatch market size has been estimated at USD 48.44 Billion in 2020 and projected to reach USD 130.92 Billion by 2025, registering a CAGR of approximately 18.32% during the forecast period. In the third quarter, it achieved $2.3 billion, nearly half of global smartwatch revenue and an 18% increase over the same period last year. Huawei’s Lite OS and Amazfit’s Amazfit OS are growing fast. Close to 42 million smartwatches were shipped in the first half of 2020 as wearables continue to see greater demand with consumers becoming more health conscious. The leaps in solar charging technology will also help OEMs concentrate on better monitoring. In this article, we’ll gonna discuss probably the best smartwatches and brands in 2020 that dominate the smartwatch market. there are 5 Smartwatch manufacturers who own the largest share in the smartwatch market for Apple, Huawei, Samsung, Fitbit. The smartwatch market grew just 1.5% last year due to the impact of the COVID-19 pandemic. So, in the fourth quarter of 2020, the smartwatch market declined slightly on an annualized basis. The post Smartwatch Market Size, Share 2020: Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 appeared first on America News Hour. Amongst the regions, North America accounts for the largest regional share in the global Smartwatch market in 2019. The Smartwatch market has been analyzed By Region (North America, Europe, Asia Pacific and Rest of the World) and By Country (US, Canada, UK, Germany, France, Italy, China, Japan, India, and Australia) for the historical period of 2014-2018 and the forecast period of 2019-2024.Â. press(at)counterpointresearch.com. By Distribution Channel (Offline and Online), Regional Markets - North America, Europe, APAC, Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)? The Apple Watch SE is the best smartwatch money can buy right now, but it's only the right choice for you if you own an iPhone. Global Smartwatch Market - Size, Growth, Forecast?

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