![]() On the basis of application, the Smartwatch market trends is segmented into communication, personal assistance & safety, media and entertainment, sports, health/wellness, and others. On the other hand, the Android system can capture a relatively significant share owing to launch of new models with various color touchscreens. The iOS system can dominate the market owing to large sales of Apple Watch matched with subsequent sales of latest iPhones. ![]() (U.S.), LG (South Korea), Motorola (U.S.), Huawei (China) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Smartwatch Market.īased on operating system, the market is segmented into Android, iOS, Linux, Tizen, and others. Martian (U.S.), Pebble (U.S.), Qualcomm (U.S.), Samsung (South Korea), Sony (Japan), Connectedevice Ltd. In addition, the use of the devices for analyzing coronavirus patients pre and post infections can be a new niche for the market to explore. Moreover, the priority on health by customers as well as shipments of smartwatches through reliable logistic partners can favor the market over the forecast period. The COVID-19 pandemic cannot slowdown the market demand as its popularity had risen during worldwide lockdowns. Adoption of wearables and huge potential of the device in patient care can favor the market. ![]() Integration of new features such as EKG, fall detection, and heart rate are likely to attract new customers. Get Free Sample Report integration of internet of things to smartwatches is likely to be a brand new growth opportunity for market leaders. Rising awareness of health problems and need for monitoring health metrics through portable equipment can boost market demand significantly. The market can expand owing to use of smart devices and a large tech-savvy populace. ![]() The global Smartwatch market trends is projected to experience an explosive CAGR of 17.34% during the forecast period to reach a valuation of USD 109.28 billion by 2023. The COVID-19 pandemic effect on the industry has been explored with insights bound to assist manufacturers in formulating new production plans. The global Smartwatch Market report by Market Research Future (MRFR) looks at various changes in technology, developments in software and hardware, and consumer comfort for estimating size and revenue trajectories for the forecast period (2018-2023). Recent iterations of the devices have included the integration of electrocardiography sensor in Apple Watch and Fitbit are likely to drive its sales. The compatibility with mobile phones for being connected to work as well as simultaneously filter out important messages has propelled its use. Smartwatches have become ubiquitous since the proliferation of smartphones and other smart devices. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |