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Smartwatches-Global Market Insights and Sales Trends 2024
Synopsis
Smartwatch is an information processing device with the basic time function. The watch may communicate with external devices such as smart phones, sensors, and a wireless headset. Smartwatch often consists of two parts: Peripheral devices and software. Peripheral devices of Smartwatch may include camera, thermometer, accelerometer, altimeter, barometer, compass, GPS receiver, speaker and SDcard that is recognized as a mass storage device by a computer. Software may include Map display, scheduler, calculator, and various kinds of watch face.
The global Smartwatches market size is expected to reach US$ 35320 million by 2029, growing at a CAGR of 13.2% from 2023 to 2029. The market is mainly driven by the significant applications of Smartwatches in various end use industries. The expanding demands from the Children and Adults, are propelling Smartwatches market. Watch OS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wear OS segment is estimated at % CAGR for the next seven-year period.
The major players in global smartwatches market include Apple, Samsung, etc. The top 5 players occupy about 80% shares of the global market. China is main markets, they occupy about 80% of the global market. Watch OS are main types, with a share about 45%. Adults are main end users, which hold a share about 95%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Operating System, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smartwatches, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smartwatches market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smartwatches market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smartwatches sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smartwatches covered in this report include Apple, Samsung, Huawei, Imoo, Amazfit, Garmin, Fitbit, Xiaomi and Noise, etc.
The global Smartwatches market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Apple
Samsung
Huawei
Imoo
Amazfit
Garmin
Fitbit
Xiaomi
Noise
360
VTech Holdings
Abardeen
MIMITOOU
Polar
Withings
Readboy
Epson (Pulsense)
Tencent
Omate
Ticktalk
Global Smartwatches market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smartwatches market, Segment by Operating System:
Watch OS
Wear OS
Tizen
Others
Global Smartwatches market, by Application
Children
Adults
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Operating System, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smartwatches manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smartwatches in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Smartwatch is an information processing device with the basic time function. The watch may communicate with external devices such as smart phones, sensors, and a wireless headset. Smartwatch often consists of two parts: Peripheral devices and software. Peripheral devices of Smartwatch may include camera, thermometer, accelerometer, altimeter, barometer, compass, GPS receiver, speaker and SDcard that is recognized as a mass storage device by a computer. Software may include Map display, scheduler, calculator, and various kinds of watch face.
The global Smartwatches market size is expected to reach US$ 35320 million by 2029, growing at a CAGR of 13.2% from 2023 to 2029. The market is mainly driven by the significant applications of Smartwatches in various end use industries. The expanding demands from the Children and Adults, are propelling Smartwatches market. Watch OS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wear OS segment is estimated at % CAGR for the next seven-year period.
The major players in global smartwatches market include Apple, Samsung, etc. The top 5 players occupy about 80% shares of the global market. China is main markets, they occupy about 80% of the global market. Watch OS are main types, with a share about 45%. Adults are main end users, which hold a share about 95%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Operating System, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smartwatches, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smartwatches market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smartwatches market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smartwatches sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smartwatches covered in this report include Apple, Samsung, Huawei, Imoo, Amazfit, Garmin, Fitbit, Xiaomi and Noise, etc.
The global Smartwatches market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Apple
Samsung
Huawei
Imoo
Amazfit
Garmin
Fitbit
Xiaomi
Noise
360
VTech Holdings
Abardeen
MIMITOOU
Polar
Withings
Readboy
Epson (Pulsense)
Tencent
Omate
Ticktalk
Global Smartwatches market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smartwatches market, Segment by Operating System:
Watch OS
Wear OS
Tizen
Others
Global Smartwatches market, by Application
Children
Adults
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Operating System, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smartwatches manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smartwatches in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Smartwatches Market Overview
1.1 Smartwatches Product Overview
1.2 Smartwatches Market Segment by Operating System
1.2.1 Watch OS
1.2.2 Wear OS
1.2.3 Tizen
1.2.4 Others
1.3 Global Smartwatches Market Size by Operating System
1.3.1 Global Smartwatches Market Size Overview by Operating System (2018-2029)
1.3.2 Global Smartwatches Historic Market Size Review by Operating System (2018-2023)
1.3.3 Global Smartwatches Forecasted Market Size by Operating System (2024-2029)
1.4 Key Regions Market Size Segment by Operating System
1.4.1 North America Smartwatches Sales Breakdown by Operating System (2018-2023)
1.4.2 Europe Smartwatches Sales Breakdown by Operating System (2018-2023)
1.4.3 Asia-Pacific Smartwatches Sales Breakdown by Operating System (2018-2023)
1.4.4 Latin America Smartwatches Sales Breakdown by Operating System (2018-2023)
1.4.5 Middle East and Africa Smartwatches Sales Breakdown by Operating System (2018-2023)
2 Global Smartwatches Market Competition by Company
2.1 Global Top Players by Smartwatches Sales (2018-2023)
2.2 Global Top Players by Smartwatches Revenue (2018-2023)
2.3 Global Top Players by Smartwatches Price (2018-2023)
2.4 Global Top Manufacturers Smartwatches Manufacturing Base Distribution, Sales Area, Product Type
2.5 Smartwatches Market Competitive Situation and Trends
2.5.1 Smartwatches Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Smartwatches Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smartwatches as of 2022)
2.7 Date of Key Manufacturers Enter into Smartwatches Market
2.8 Key Manufacturers Smartwatches Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Smartwatches Status and Outlook by Region
3.1 Global Smartwatches Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Smartwatches Historic Market Size by Region
3.2.1 Global Smartwatches Sales in Volume by Region (2018-2023)
3.2.2 Global Smartwatches Sales in Value by Region (2018-2023)
3.2.3 Global Smartwatches Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Smartwatches Forecasted Market Size by Region
3.3.1 Global Smartwatches Sales in Volume by Region (2024-2029)
3.3.2 Global Smartwatches Sales in Value by Region (2024-2029)
3.3.3 Global Smartwatches Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Smartwatches by Application
4.1 Smartwatches Market Segment by Application
4.1.1 Children
4.1.2 Adults
4.2 Global Smartwatches Market Size by Application
4.2.1 Global Smartwatches Market Size Overview by Application (2018-2029)
4.2.2 Global Smartwatches Historic Market Size Review by Application (2018-2023)
4.2.3 Global Smartwatches Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Smartwatches Sales Breakdown by Application (2018-2023)
4.3.2 Europe Smartwatches Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Smartwatches Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Smartwatches Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Smartwatches Sales Breakdown by Application (2018-2023)
5 North America Smartwatches by Country
5.1 North America Smartwatches Historic Market Size by Country
5.1.1 North America Smartwatches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Smartwatches Sales in Volume by Country (2018-2023)
5.1.3 North America Smartwatches Sales in Value by Country (2018-2023)
5.2 North America Smartwatches Forecasted Market Size by Country
5.2.1 North America Smartwatches Sales in Volume by Country (2024-2029)
5.2.2 North America Smartwatches Sales in Value by Country (2024-2029)
6 Europe Smartwatches by Country
6.1 Europe Smartwatches Historic Market Size by Country
6.1.1 Europe Smartwatches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Smartwatches Sales in Volume by Country (2018-2023)
6.1.3 Europe Smartwatches Sales in Value by Country (2018-2023)
6.2 Europe Smartwatches Forecasted Market Size by Country
6.2.1 Europe Smartwatches Sales in Volume by Country (2024-2029)
6.2.2 Europe Smartwatches Sales in Value by Country (2024-2029)
7 Asia-Pacific Smartwatches by Region
7.1 Asia-Pacific Smartwatches Historic Market Size by Region
7.1.1 Asia-Pacific Smartwatches Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Smartwatches Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Smartwatches Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Smartwatches Forecasted Market Size by Region
7.2.1 Asia-Pacific Smartwatches Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Smartwatches Sales in Value by Region (2024-2029)
8 Latin America Smartwatches by Country
8.1 Latin America Smartwatches Historic Market Size by Country
8.1.1 Latin America Smartwatches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Smartwatches Sales in Volume by Country (2018-2023)
8.1.3 Latin America Smartwatches Sales in Value by Country (2018-2023)
8.2 Latin America Smartwatches Forecasted Market Size by Country
8.2.1 Latin America Smartwatches Sales in Volume by Country (2024-2029)
8.2.2 Latin America Smartwatches Sales in Value by Country (2024-2029)
9 Middle East and Africa Smartwatches by Country
9.1 Middle East and Africa Smartwatches Historic Market Size by Country
9.1.1 Middle East and Africa Smartwatches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Smartwatches Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Smartwatches Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Smartwatches Forecasted Market Size by Country
9.2.1 Middle East and Africa Smartwatches Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Smartwatches Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Apple
10.1.1 Apple Company Information
10.1.2 Apple Introduction and Business Overview
10.1.3 Apple Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Apple Smartwatches Products Offered
10.1.5 Apple Recent Development
10.2 Samsung
10.2.1 Samsung Company Information
10.2.2 Samsung Introduction and Business Overview
10.2.3 Samsung Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Samsung Smartwatches Products Offered
10.2.5 Samsung Recent Development
10.3 Huawei
10.3.1 Huawei Company Information
10.3.2 Huawei Introduction and Business Overview
10.3.3 Huawei Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Huawei Smartwatches Products Offered
10.3.5 Huawei Recent Development
10.4 Imoo
10.4.1 Imoo Company Information
10.4.2 Imoo Introduction and Business Overview
10.4.3 Imoo Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Imoo Smartwatches Products Offered
10.4.5 Imoo Recent Development
10.5 Amazfit
10.5.1 Amazfit Company Information
10.5.2 Amazfit Introduction and Business Overview
10.5.3 Amazfit Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Amazfit Smartwatches Products Offered
10.5.5 Amazfit Recent Development
10.6 Garmin
10.6.1 Garmin Company Information
10.6.2 Garmin Introduction and Business Overview
10.6.3 Garmin Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Garmin Smartwatches Products Offered
10.6.5 Garmin Recent Development
10.7 Fitbit
10.7.1 Fitbit Company Information
10.7.2 Fitbit Introduction and Business Overview
10.7.3 Fitbit Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fitbit Smartwatches Products Offered
10.7.5 Fitbit Recent Development
10.8 Xiaomi
10.8.1 Xiaomi Company Information
10.8.2 Xiaomi Introduction and Business Overview
10.8.3 Xiaomi Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Xiaomi Smartwatches Products Offered
10.8.5 Xiaomi Recent Development
10.9 Noise
10.9.1 Noise Company Information
10.9.2 Noise Introduction and Business Overview
10.9.3 Noise Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Noise Smartwatches Products Offered
10.9.5 Noise Recent Development
10.10 360
10.10.1 360 Company Information
10.10.2 360 Introduction and Business Overview
10.10.3 360 Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.10.4 360 Smartwatches Products Offered
10.10.5 360 Recent Development
10.11 VTech Holdings
10.11.1 VTech Holdings Company Information
10.11.2 VTech Holdings Introduction and Business Overview
10.11.3 VTech Holdings Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.11.4 VTech Holdings Smartwatches Products Offered
10.11.5 VTech Holdings Recent Development
10.12 Abardeen
10.12.1 Abardeen Company Information
10.12.2 Abardeen Introduction and Business Overview
10.12.3 Abardeen Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Abardeen Smartwatches Products Offered
10.12.5 Abardeen Recent Development
10.13 MIMITOOU
10.13.1 MIMITOOU Company Information
10.13.2 MIMITOOU Introduction and Business Overview
10.13.3 MIMITOOU Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.13.4 MIMITOOU Smartwatches Products Offered
10.13.5 MIMITOOU Recent Development
10.14 Polar
10.14.1 Polar Company Information
10.14.2 Polar Introduction and Business Overview
10.14.3 Polar Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Polar Smartwatches Products Offered
10.14.5 Polar Recent Development
10.15 Withings
10.15.1 Withings Company Information
10.15.2 Withings Introduction and Business Overview
10.15.3 Withings Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Withings Smartwatches Products Offered
10.15.5 Withings Recent Development
10.16 Readboy
10.16.1 Readboy Company Information
10.16.2 Readboy Introduction and Business Overview
10.16.3 Readboy Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Readboy Smartwatches Products Offered
10.16.5 Readboy Recent Development
10.17 Epson (Pulsense)
10.17.1 Epson (Pulsense) Company Information
10.17.2 Epson (Pulsense) Introduction and Business Overview
10.17.3 Epson (Pulsense) Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Epson (Pulsense) Smartwatches Products Offered
10.17.5 Epson (Pulsense) Recent Development
10.18 Tencent
10.18.1 Tencent Company Information
10.18.2 Tencent Introduction and Business Overview
10.18.3 Tencent Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Tencent Smartwatches Products Offered
10.18.5 Tencent Recent Development
10.19 Omate
10.19.1 Omate Company Information
10.19.2 Omate Introduction and Business Overview
10.19.3 Omate Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Omate Smartwatches Products Offered
10.19.5 Omate Recent Development
10.20 Ticktalk
10.20.1 Ticktalk Company Information
10.20.2 Ticktalk Introduction and Business Overview
10.20.3 Ticktalk Smartwatches Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Ticktalk Smartwatches Products Offered
10.20.5 Ticktalk Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Smartwatches Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Smartwatches Industrial Chain Analysis
11.4 Smartwatches Market Dynamics
11.4.1 Smartwatches Industry Trends
11.4.2 Smartwatches Market Drivers
11.4.3 Smartwatches Market Challenges
11.4.4 Smartwatches Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Smartwatches Distributors
12.3 Smartwatches Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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