The market for smartwatches is witnessing a double-digit growth rate globally. North America is a promising and a highest revenue generating geography for smartwatches. As per the estimates, North American region generated nearly 1/3rd of the market revenue in 2013, and it is further expected to grow at a significant rate. However, in the near future, the growth of this market is expected to be driven by the Asian region with China emerging as a popular hub, being a low-cost Android based smartwatch manufacturer. Smartwatch market has a potential to reach $32.9 billion by 2020, registering a CAGR of 67.6% from 2014 to 2020.
Out of the total smartwatch shipment in 2013, Samsung held a market leader position, followed by Nike and Garmin. The global market is witnessing a huge inflow in the number of companies and is expected to grow manifold from the existing number of 40 companies at present. As of now, the market is purely driven by the leading tech companies such as Samsung, Apple, Google, etc.; however, in the near future, the entry of watch companies is expected to increase the competition and dynamics of this market. New applications and launch of Wristband, Smart Bracelet, Handwear, Wearable computer and Fitness belt by big brands will attract potential entrepreneurs to this sector. Led by innovations, the smartwatch companies are spending heavily on R&D. Top players such as Samsung, Pebble, Maritime and Sony are counting on their R&D investments to be the dominant strategy to maximize on the respective market shares. Further, Strong distribution support is another key aspect that is imperative to this market. The leading companies are collaborating with their suppliers and re-sellers to penetrate into this market through the right selection of channel, geography and target audience.
The report highlights the major mile stones of the smartwatch market with details covering the key influencing factors impacting this market. An in-depth insight on the competitive scenario and its evolution in the near future has been covered in the report along with the forecast of the future of the smartwatch market worldwide. Key players such as Samsung, Pebble, Garmin, Nike, Sony, Fitbit and Casio have been profile with elaborated information on business overview, financials, product portfolios, investments, news and recent developments.
The study highlights the global market for Smartwatch along with current market conditions and a trend/awareness forecast to forage the prominent investment pockets in the market
The analysis unveils the dominant aspects, viz. upsurge in demand for Smartwatches in applications such as PA, Wellness, Medical/ Health, Sports and Others. Trends of the global market are outlined to determine the overall attractiveness and single out market trends and gain a stronger foothold in the market
A Microscopic analysis of segments is conducted to gauge the potential of the market. These segments highlight the favourable conditions for the growth of global Smartwatch market
Porters five forces model helps in analysing the potential of buyers & suppliers, with a competitive sketch of the market, which helps market players in better decision making.
Power & energy sector accounted for the largest share, contributing about 40% of the overall EMS Asia Pacific market in 2014. However, retail & office sector is expected to witness the highest CAGR 23.3% during the forecast period 2015-2020.
3D cameras are instrumental in capturing a high quality 3D visual of any object. Owing to this feature, 3D cameras find extensive use in numerous applications such as scene recording for 3D movie or games, industrial activity monitoring, home automation management and others.
An active optical cable (AOC) is a cabling technology that uses optical fiber between the connectors to improve the cableâ€™s performance. The market is expected to witness notable growth at a CAGR of 32.7% during the analysis period. There is a rise in demand for AOC as it serves as an alternative to copper cables, due to its various advantages such as small bend radius for easy installment, low power consumption, and light weight.
The photonic sensors market has gone through a drastic change based on the research that have been conducted in the photonic technology in the past. The photonic technology has advanced into a phase where it is being used in varied fields. The innovations in the field of fiber optics has spurred the development of photonic sensors.
Printing technologies are currently used to create electronic devices on different substrates. Printing electronics have enabled the printing of electrical components (resistors, condensers, spools, and transistors) and electronic components on cost-effective, lightweight and flexible materials such as flexible film, cloth, plastic or paper in conventional circuits. Drivers for the global printed electronics market are low manufacturing cost, growing demand for flexible electronics, environmentally friendly technology, the wide range of substrates and increased investments.
Protein Chip is a technique of tracking the activities of proteins. This technique is used for monitoring the expression of the protein and determining the function of large number of protein in a single experiment. Protein chip consists of a surface such as nitrocellulose membrane, microtitre plate, glass slide, and bead. This surface helps in tracking all the activities of proteins.
3D printing is the process of creating a physical object from three dimensional digital objects by depositing successive layers of a material. Previously, subtractive method was used in manufacturing, in which the object is created by drilling or cutting the base material. However, in 3D printing, the object is created by layer-by-layer addition of the material. Therefore, this technology is called a subset of additive manufacturing. The objective of this report is to study the demand for this technology in medical applications and to know its potential growth. The report also focuses on the raw materials utilized in this technology.
High-speed trains ensure regular operating speed of more than 200 km/h (125 mph), and offer a high level of service. They are increasingly demanded across the world since they play a vital role in the transportation system of any nation by delivering a viable economic growth. It connects different cities, helps enhance business productivity offers a viable alternative to domestic aviation by reducing traffic congestion. It is an eco-friendly and reduces the levels of energy consumptions to optimum. Various government bodies are actively engaged in designing faster & convenient modes of transportation and invest heavily in high speed rail infrastructure projects. This is a key factor driving the growth of the market.