Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
World Smart Devices Market - Opportunities and Forecasts, 2021-2028
| A00248 | Pages: NA | Jun 2021 | 10402 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the World Smart Devices Market
Request Now !Smart Devices are devices that perform various smart functions such as health monitoring, people tracking, driving directions, etc. Apart from smart TVs, most of these wearable devices can be worn on eyes, wrist, ankles, etc. The report analyzes the current and future growth prospects of the market. Most of the products are under research and development or at a pre-commercialized stage and the study provides a futuristic market estimations based on some assumptions. Since most of the products are wearable devices, companies need to seek government approval in order to sell these products in the market. The report provides the implications of the government regulation on the market growth. The study analyses such key opportunities so that companies can plan their strategies to capture potential markets.
The smart devices provide enhanced features such as optimized display, in-house health monitoring, etc. Since these advanced features are attracting consumer attention towards these devices, it is a key driver for the market growth. Additionally, possession of these smart devices is considered as a status symbol, which encourages consumers to buy these products. Another key driver for the market growth is that companies are developing several products that can perform multiple functions. For example, Google is developing smart contact lenses for monitoring blood glucose levels and they are looking forward to integrate other features such as blood pressure monitoring. However, the cost of the products is currently very high as compared to conventional devices which are the key restraint for the market. Moreover, the commercialization of most of the wearable devices is expected to take a long time as additional research is required, which is another restraint for the market growth.Â
Smart Devices Market Analysis By Product
The smart devices market consists of products such as smart TV, smart watches, Wireless Accelerometer, Google Glass, GPS Jacket, Smart Socks, GPS Smart Shoes, Smart Contact Lenses and Smart Wigs. The smart TVs are the most mature products in the market due to considerable commercial acceptability. However, the Google glass is expected to have the highest growth rate since it allows multiple applications such as augmented reality, GPS Assistance, Video Recording, Playing Music, etc.
Smart Devices Market Analysis By Geography
The market is segmented on the basis of geographic regions such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The North American region has seen high commercial acceptance of most of the smart devices due to early availability and higher buying power. However, the Asia-Pacific region would have the highest year-on-year growth rate as the cost of smart devices reduces and the market gets established. The price corrections would increase the affordability of these devices and the volume sales would be high in these regions due to its vast population.
Competitive landscape
Most of the companies are developing new products to increase market share and the primary strategy adopted by most companies is partnerships and collaborations as it allows them to share technical expertise. Some of the key companies profiled in this report are Samsung, Apple, Pebble, Mayo Clinic, Google, Adafruit, Sony, Panasonic and Vuzix. Â
High level Analysis
Based on the Porter’s five forces model, the report analyzes the bargaining power of buyers & suppliers, threat of substitute products & new entrants and competitive scenario of the market. The market is at an evolving stage which increases the negotiation power of suppliers as they can market the products by highlighting the features of the products. Buyers have limited potency as the products are developed by new technologies and buyers have little knowledge about the products. The threat of substitute products is high as companies are developing multiple products for similar applications. Additionally, new entrants have easy entry in the market as they can introduce new products by indulging in technological innovations. Easy entry of new players and presence of big players such as Samsung, Google etc. intensifies the rivalry in the market. The impact of top ten factors consisting of drivers, restraints and opportunities is analyzed in the report based on the current market scenario and expected future trends. The top investment pockets are analyzed for each segment derived from the market estimations. The competitive landscape provides analysis of key strategies adopted by the companies.
KEY BENEFITS
- Market estimations are derived from to the market trends for the period 2013-2020 with 2012 as base revenue
- Comprehensive analysis of the top factors that are driving and limiting the growth of the market is providedÂ
- Deep-dive analysis of various geographies would give an understanding of the trends in various regions so that companies can make region specific plans
- The in-depth discussion of the supply chain participants of the market provides value chain analysis
- Deep-dive analysis of segment such as products provide insights that would allow companies to gain competitive edge
KEY DELIVERABLES
The global smart devices market is segmented on the basis of products and geography as follows:
By Products
- Smart TV
- Smart watches
- Wireless Accelerometer
- Google Glass
- GPS Jacket
- Smart Socks
- GPS Smart Shoes
- Smart Contact Lenses and Smart Wigs
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitutes
3.3.4 Threat of new entrants
3.3.5 Degree of competition
3.4 Market share analysis, 2016 (%)
3.5 Market dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities
4 GLOBAL SMART DEVICES MARKET BY PRODUCT TYPE, 2017-2023 ($MILLION)
4.1 Smart watches
4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Market size and forecast
4.2 Smart TV
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3 Google glass
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4 GPS jacket
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
4.5 Wireless accelerometer
4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast
4.6 Smart socks
4.6.1 Key market trends
4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast
4.7 GPS smart shoes
4.7.1 Key market trends
4.7.2 Key growth factors and opportunities
4.7.3 Market size and forecast
4.8 Others
4.8.1 Key market trends
4.8.2 Key growth factors and opportunities
4.8.3 Market size and forecast
5 GLOBAL SMART DEVICES MARKET BY END-USER, 2017-2023 ($MILLION)
5.1 Commercial
5.1.1 Key market trends
5.1.2 Key growth factors and opportunities
5.1.3 Market size and forecast
5.2 Residential
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
6 GLOBAL SMART DEVICES MARKET BY GEOGRAPHY, 2017-2023 ($MILLION)
6.1 North America
6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Market size and forecast, by
6.1.3.1 Product type
6.1.3.2 End-user
6.1.3.3 Country
6.1.3.3.1.1 U.S.
6.1.3.3.1.1.1 Market size and forecast, by product type
6.1.3.3.1.1.2 Market size and forecast, by end-user
6.1.3.3.1.2 Canada
6.1.3.3.1.2.1 Market size and forecast, by product type
6.1.3.3.1.2.2 Market size and forecast, by end-user
6.1.3.3.1.3 Mexico
6.1.3.3.1.3.1 Market size and forecast, by product type
6.1.3.3.1.3.2 Market size and forecast, by end-user
6.2 Europe
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast, by
6.2.3.1 Product type
6.2.3.2 End-user
6.2.3.3 Country
6.2.3.3.1.1 UK
6.2.3.3.1.1.1 Market size and forecast, by product type
6.2.3.3.1.1.2 Market size and forecast, by end-user
6.2.3.3.1.2 Germany
6.2.3.3.1.2.1 Market size and forecast, by product type
6.2.3.3.1.2.2 Market size and forecast, by end-user
6.2.3.3.1.3 France
6.2.3.3.1.3.1 Market size and forecast, by product type
6.2.3.3.1.3.2 Market size and forecast, by end-user
6.2.3.3.1.4 Russia
6.2.3.3.1.4.1 Market size and forecast, by product type
6.2.3.3.1.4.2 Market size and forecast, by end-user
6.2.3.3.1.5 Rest of Europe
6.2.3.3.1.5.1 Market size and forecast, by product type
6.2.3.3.1.5.2 Market size and forecast, by end-user
6.3 Asia-Pacific
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast, by
6.3.3.1 Product type
6.3.3.2 End-user
6.3.3.3 Country
6.3.3.3.1.1 Australia
6.3.3.3.1.1.1 Market size and forecast, by product type
6.3.3.3.1.1.2 Market size and forecast, by end-user
6.3.3.3.1.2 China
6.3.3.3.1.2.1 Market size and forecast, by product type
6.3.3.3.1.2.2 Market size and forecast, by end-user
6.3.3.3.1.3 India
6.3.3.3.1.3.1 Market size and forecast, by product type
6.3.3.3.1.3.2 Market size and forecast, by end-user
6.3.3.3.1.4 Japan
6.3.3.3.1.4.1 Market size and forecast, by product type
6.3.3.3.1.4.2 Market size and forecast, by end-user
6.3.3.3.1.5 Rest of Asia-Pacific
6.3.3.3.1.5.1 Market size and forecast, by product type
6.3.3.3.1.5.2 Market size and forecast, by end-user
6.4 LAMEA
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast, by
6.4.3.1 Product type
6.4.3.2 End-user
6.4.3.3 Country
6.4.3.3.1.1 Latin America
6.4.3.3.1.1.1 Market size and forecast, by product type
6.4.3.3.1.1.2 Market size and forecast, by end-user
6.4.3.3.1.2 Middle East
6.4.3.3.1.2.1 Market size and forecast, by product type
6.4.3.3.1.2.2 Market size and forecast, by end-user
6.4.3.3.1.3 Africa
6.4.3.3.1.3.1 Market size and forecast, by product type
6.4.3.3.1.3.2 Market size and forecast, by end-user
7 COMPANY PROFILES
7.1 Samsung Electronics Co. Ltd.
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Business performance
7.1.4 Key moves and developments
7.2 Apple Inc.
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Business performance
7.2.4 Key moves and developments
7.3 Google Inc.
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 Key moves and developments
7.4 Pebble Technology Corporation
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Business performance
7.4.4 Key moves and developments
7.5 Mayo Clinic
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Business performance
7.5.4 Key moves and developments
7.6 Adafruit
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Business performance
7.6.4 Key moves and developments
7.7 Sony Corporation
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Business performance
7.7.4 Key moves and developments
7.8 Panasonic Corporation
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Business performance
7.8.4 Key moves and developments
7.9 Vuzix
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Business performance
7.9.4 Key moves and developments
7.10 General Electric Co. (GE)
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 Key moves and developments
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
World Smart Devices Market-
Opportunities and Forecasts, 2021-2028
- Online Only
-
$3,110$2,799 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,456$3,110 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,232$4,709 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$5,805$5,225 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,095$7,286 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
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
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
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