Global Smart Watches Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

Fact.MR

Dublin 2, Ireland, 2018-Apr-10 — /EPR Network/ — The global market discussion on smart watches industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Smart Watches Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on smart watches market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Smart watches, as per their name, actually are smart with respect to various tasks and features that they offer to the user. They can be used to manage various day to day tasks, attend calls, measure heart rate, measure pulse, etc. The growth of the global smart watches market is influenced by factors such as increasing smartphones globally, rising demands of the people for new innovations, increased technological developments, convenience and portability, an “all-in-one” functionality, increase in the disposable income of the people, shift towards a faster and standardized connectivity, tech savviness of the people etc. All these features offering convenience and easy living apart from only timekeeping, is driving the global smart watches market. However, its increasing pricing can be a restraint and cannot be affordable to all, but only higher class people. North America region seems to be the most lucrative region for the smart watches market.

According to Fact.MR, the global smart watches market is poised to reach a value more than US$ 61 Bn by the end of 2022 and is anticipated to grow at a moderate CAGR during the forecasted period of 2017 to 2022.

Standalone Smart Watch Segment Poised to Show Good Pace; but Companion Smart Watch Surpasses all

The standalone smart watch segment by product type is poised to show the highest growth rate during the period of forecast. However, the companion smart watch segment has a higher market share by revenue with comparatively less growth rate. Companion smart watch segment dominates all other segments in terms of market share. Standalone segment, which is the second largest segment following companion smart watch segment, is expected to register the highest CAGR of 4.3% in the product type category.

LCD Resembles Strength Whereas OLED Represents Growth

The OLED segment by display type is expected to show higher growth rate than any other segment by display type and is anticipated to reach a CAGR of 4.9% during the forecast period of 2017 to 2022. The LCD segment has a slower growth rate but has the highest market share by revenue, thereby dominating the global market. The decision between OLED, LCD and SAMOLED is difficult to make as all these segments hive minor differences in their market shares in global smart watches market.

E- Commerce is the Need of the Day

The e-commerce segment by distribution channel shows higher growth rate to register a CAGR of 4.1% during the period of forecast and also expected to gain a higher BPS by the end of 2022. The franchised outlets segment dominates the global smart watches market by reflecting the highest market share by revenue and this trend is poised to continue throughout the period of forecast.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global smart watches market through 2022, which include companies like Alphabet Inc., Apple, Inc., Beijing Xiaomi Technology Co., Fitbit, Inc., Fossil Group, Inc., Garmin International, Inc., LG Electronics, Inc., Motorola Mobility Holdings, Inc., Samsung Electronics Co., Ltd., and Sony Corporation.

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Table of Content:

1. Global Smart Watches Market – Executive Summary

2. Global Smart Watches Market Overview
2.1. Introduction
2.1.1. Global Smart Watches Market Taxonomy
2.1.2. Global Smart Watches Market Definition
2.2. Global Smart Watches Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Smart Watches Market Y-o-Y Growth
2.3. Global Smart Watches Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Smart Watches Market Analysis and Forecast By Product Type 
3.1. Global Smart Watches Market Size and Forecast By Product Type, 2012-2022
3.1.1. Companion Smartwatch Smart Watches Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Standalone Smartwatch Smart Watches Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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