Loading...
0

Smartwatch Market to Reach $31,070.6 Million by 2025

 
 

quote The global smartwatch market is expected to witness considerable growth due to the enhanced features such as media management, fitness tracking, GPS locator, ECG, and others. quote

Rahul Kumar
Lead Analyst, Semiconductors & Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

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, 2018 - 2025,"the global smartwatch market was valued at $9,264.9 million in 2017 and is projected to reach at $31,070.6 million by 2025, growing at a CAGR of 16.2%from 2018 to 2025.

Smartwatch is a portable intelligent watch that is designed to be worn on wrist and can be connected to various mobile phone devices. The various operating systems such as iOS, android, Tizen, and others, based smartwatch are available in the market.

The standalone segment accounts for the highest market share in the global smartwatch market due to various features such as wireless operations and sim card acceptance & can be used as mobile phone, and others. Growth in demand for wireless fitness & sports devices, increase in health awareness among the consumer, and entrance of large number of players, drive the growth of the market. Healthcare segment is expected to exhibit a faster growth, with a CAGR of 17.9% during the forecast period, owing to increase in health-related concerns.

Smartwatch is available in various operating systems that include watchOS, Android, TOS, Tizen, and others. WatchOS is the highest contributor, owing to huge penetration of Apple iPhone in the market. At present, among these categories, about 44% of the market revenue is garnered by smartwatch with watchOS.

Key Findings of the Smartwatch Market:

  • In 2017, the North America region generated the highest revenue in the global smartwatch market.
  • In 2017, the standalone segment generated the highest revenue in the market.

The major players operating in the Smartwatch market are Apple Inc., Google Inc., Garmin, Fitbit, Motorola, Sony Corporation, Samsung Electronics, LG Electronics, and Huawei Technologies Co. Ltd. These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Smartwatch Market by Product (Extension, Standalone, and Classical), Application (Personal Assistance, Wellness, Healthcare, Sports, and Others), and Operating System (WatchOS, Android, RTOS, Tizen, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Smartwatch Market"
Purchase Enquiry