Global Smartwatch Market Analysis By Product Type (Extension, Standalone, Hybrid)

Date: 12 April 2019

According to Azoth Analytics research report “Global Smart watch 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, APAC, ROW), By Country (US, Canada, UK, Germany, France, Italy, China, Japan, India, Australia)”, global market is projected to display a modest growth represented by a CAGR of 18.44% during 2019 – 2024.

Over the recent years, global Smartwatch market has been witnessing growth, on account of several driving factors including evolving technological preferences of young population, improvements in electronics miniaturization and innovation leading to reduced device cost and continuous increase in the launch of technologically advanced models. Moreover, increasing healthcare cost inflation and growing research and development in wearable healthcare devices with in-built internet of things system and solutions is expected to propel the demand for Smartwatch market. In this research report, the market is segmented on the basis of Product type, Operating System and Distribution Channel. By Product type, the segment of extension smartwatches is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global smartwatch market in 2019. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on consumer electronics is likely to drive the regional market. 

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, APAC, ROW), 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. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Smartwatch market. Additionally, the report also highlights market entry strategies for various companies across the globe. 

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. 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). 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.

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