Smartwatch Market to expand at a CAGR of 14.83% from 2022 to 2027, Technical advancements in the semiconductor sector to drive development – Technavio

Research study record concentrates on leading firms as well as vital vehicle drivers, present development characteristics, advanced possibilities, as well as brand-new product/project launches

NEW YORK CITY, April 27, 2023 /PRNewswire/ — The smartwatch market is anticipated to expand by USD 31,385.89 million at a CAGR of 14.83% from 2022 to 2027, according to the most recent research study record from Technavio. Technical advancements in the semiconductor sector are especially driving market development. Slimness, little style, as well as high functional performance are a few of one of the most essential acquisition standards for smartwatches. Technical advancements such as system-on-chip (SoC) modern technology as well as micro-electro-mechanical systems (MEMS) are producing brand-new possibilities for smartwatch producers to create little, portable, as well as energy-efficient smartwatches. These variables will certainly sustain market development throughout the projection duration. Obtain an extensive record recap defining the marketplace dimension as well as projection together with research study method. Sight an example record!

Supplier landscape

The smartwatch market is fragmented, as well as the suppliers are releasing natural as well as not natural development approaches to complete on the market. Suppliers complete on the basis of numerous variables, such as high quality, cost, solution, brand name picture, circulation, as well as advertising. Furthermore, numerous suppliers are concentrating on getting smaller sized brand names to raise their market visibility. Hence, the affordable circumstance is anticipated to drive the development of the international smartwatch market throughout the projection duration. The essential offerings of a few of the primary suppliers are listed here:

  • ASUSTeK Computer System Inc. – The business provides smartwatches such as ASUS VivoWatch 5 as well as ASUS VivoWatch SP.
  • BBK Electronic Devices Corp Ltd – The business provides smartwatches under the brand name OnePlus.
  • CASIO Computer System Co. Ltd. – The business provides smartwatches such as G shock action as well as G team pro.
  • ENOX Manufacturing Solutions GmbH – The business provides smartwatches such as HSB20XX as well as SWP22.

To give a much deeper understanding of the affordable landscape, Technavio has actually profiled principals together with the research study that classifies the international market division – Sight an example in mins

Secret market division

The incorporated section will certainly represent a substantial share of market development throughout the projection duration. An incorporated smartwatch attaches to various other computer gadgets, such as smart devices, with the assistance of Bluetooth or Wi-Fi. These smartwatches make it possible for customers to access the Net, send out as well as obtain messages, obtain weather prediction, as well as pay attention to songs. The need for incorporated smartwatches is anticipated to raise owing to the increasing infiltration of affordable smartwatches in arising markets as well as the entrance of typical watch manufacturers.

  • OS 
    • Android Use
    • Apple Watch OS
    • Fitbit OS
    • Tizen OS
  • Location 
    • The United States And Canada
    • APAC
    • Europe
    • South America
    • Center East as well as Africa

Sight an example record in mins For understandings on international, local, as well as country-level specifications with development possibilities from 2017 to 2027.

Regional market expectation

The United States And Canada is approximated to represent 42% of the development of the international smartwatch market throughout the projection duration. The area is a very early adopter of innovative innovations as well as is residence to numerous smartwatch manufacturers, such as Apple, Fitbit, as well as Garmin. The raising non reusable earnings, the introduction of incorporated LTE smartwatches, as well as the spreading of health and wellness as well as fitness-oriented functions in smartwatches are driving the need for smartwatches in The United States And Canada. Furthermore, the advancement of cordless network facilities sustains the development of the smartwatches market in the area.

For even more essential highlights on the local market share of the majority of those nations – Sight an example record

The smartwatch market covers the complying with locations:

Smartwatch market sizing
Smartwatch market projection
Smartwatch market evaluation

Business discussed

  • Apple Inc.
  • ASUSTeK Computer System Inc.
  • BBK Electronic Devices Corp Ltd
  • CASIO Computer System Co. Ltd.
  • ENOX Manufacturing Solutions GmbH
  • Fossil Team Inc.
  • Garmin Ltd.
  • HK SMARTMV Ltd.
  • Huawei Technologies Co. Ltd.
  • Think Of Advertising Pvt. Ltd.
  • Lenovo Team Ltd.
  • Nexxbase Advertising Pvt. Ltd.
  • Omate Inc.
  • Polar Electro Oy
  • Samsung Electronic Devices Co. Ltd.
  • Tata Sons Pvt. Ltd.
  • Timex Team
  • Zeblaze Modern Technology Co. Ltd
  • Zebronics India Pvt. Ltd.
  • ZTE Corp.

What’s brand-new?

  • Unique protection on the RussiaUkraine battle; international rising cost of living; healing evaluation from COVID-19; supply chain disturbances, international profession stress; as well as danger of economic crisis
  • International competition as well as essential rival placements
  • Market visibility throughout numerous geographical impacts – Strong/active/niche/unimportant – Purchase the record!

Associated Records:

The watch market dimension is anticipated to raise by USD 19.28 billion from 2021 to 2026, as well as the marketplace’s development energy will certainly speed up at a CAGR of 5.5%. Additionally, this record thoroughly covers market division by kind (quartz, electronic, as well as others) as well as location (The United States And Canada, APAC, Europe, South America, as well as the Center East as well as Africa).

The international clever television sticks market dimension is approximated to expand by USD 612.44 million in between 2022 as well as 2027, increasing at a CAGR of 7.78%. This record thoroughly covers market division by kind (non-4k as well as 4k as well as over), circulation network (hypermarket as well as grocery store, online, corner store, as well as specialized shop), as well as location (The United States And Canada, Europe, APAC, South America, as well as Center East as well as Africa).

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Technavio’s membership system

Smartwatch Market Extent

Record Insurance Coverage

Information

Base year

2022

Historical duration

2017-2021

Projection duration

2023-2027

Development energy & CAGR

Speed Up at a CAGR of 14.83%

Market development 2023-2027

USD 31,385.89 million

Market framework

Fragmented

YoY development 2022-2023(%)

13.54

Regional evaluation

The United States And Canada, APAC, Europe, South America, as well as Center East as well as Africa

Doing market payment

The United States And Canada at 42%

Secret nations

United States, Canada, China, Japan, as well as Germany

Affordable landscape

Leading suppliers, market positioning of suppliers, affordable approaches, as well as sector dangers

Secret firms profiled

Apple Inc., ASUSTeK Computer System Inc., BBK Electronic Devices Corp Ltd, CASIO Computer System Co. Ltd., ENOX Manufacturing Solutions GmbH, Fossil Team Inc., Garmin Ltd., HK SMARTMV Ltd., Huawei Technologies Co. Ltd., Think Of Advertising Pvt. Ltd., Lenovo Team Ltd., Nexxbase Advertising Pvt. Ltd., Omate Inc., Polar Electro Oy, Samsung Electronic Devices Co. Ltd., Tata Sons Pvt. Ltd., Timex Team, Zeblaze Modern Technology Co. Ltd, Zebronics India Pvt. Ltd., as well as ZTE Corp.

Market characteristics

Moms and dad market evaluation, market development inducers as well as challenges, fast-growing as well as slow-growing section evaluation, COVID-19 effect as well as healing evaluation as well as future customer characteristics, as well as market problem evaluation for projection duration.

Personalization province

If our record has actually not consisted of the information that you are trying to find, you can connect to our experts as well as obtain sections personalized.

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Secret Topics Covered:

1 Exec Recap

  • 1.1 Market summary 
    • Display 01: Exec Recap Graph on Market Introduction
    • Display 02: Exec Recap Information Table on Market Introduction
    • Display 03: Exec Recap Graph on Global Market Features
    • Display 04: Exec Recap Graph on Market by Location
    • Display 05: Exec Recap Graph on Market Division by Kind
    • Display 06: Exec Recap Graph on Market Division by OS
    • Display 07: Exec Recap Graph on Incremental Development
    • Display 08: Exec Recap Information Table on Incremental Development
    • Display 09: Exec Recap Graph on Supplier Market Positioning

2 Market Landscape

  • 2.1 Market ecological community 
    • Display 10: Moms and dad market
    • Display 11: Market Features

3 Market Sizing

  • 3.1 Market interpretation 
    • Display 12: Offerings of suppliers consisted of on the market interpretation
  • 3.2 Market section evaluation 
    • Display 13: Market sections
  • 3.4 Market expectation: Projection for 2022-2027
    • Display 14: Chart on International – Market dimension as well as projection 2022-2027 ($ million)
    • Display 15: Information Table on Global – Market dimension as well as projection 2022-2027 ($ million)
    • Display 16: Chart on Global Market: Year-over-year development 2022-2027 (%)
    • Display 17: Information Table on Global Market: Year-over-year development 2022-2027 (%)

4 Historic Market Dimension

  • 4.1 International smartwatch market 2017 – 2021
    • Display 18: Historic Market Dimension Information Table on Global smartwatch market 2017 – 2021 ($ million)
  • 4.2 By Kind Section Evaluation 2017 – 2021
    • Display 19: Historic Market Dimension By Kind Section 2017 – 2021 ($ million)
  • 4.3 By OS Section Evaluation 2017 – 2021 
    • Display 20: Historic Market Dimension By OS Section 2017 – 2021 ($ million)
  • 4.4 Location Section Evaluation 2017 – 2021
    • Display 21: Historic Market Dimension Location Section 2017 – 2021 ($ million)
  • 4.5 Nation Section Evaluation 2017 – 2021
    • Display 22: Historic Market Dimension Nation Section 2017 – 2021 ($ million)

5 Five Forces Evaluation

  • 5.1 5 pressures recap 
    • Display 23: 5 pressures evaluation – Contrast in between 2022 as well as 2027
  • 5.2 Negotiating power of purchasers 
    • Display 24: Chart on Negotiating power of purchasers Effect of essential variables 2022 as well as 2027
  • 5.3 Negotiating power of vendors 
    • Display 25: Haggling power of vendors Effect of essential consider 2022 as well as 2027
  • 5.4 Danger of brand-new participants 
    • Display 26: Danger of brand-new participants Effect of essential consider 2022 as well as 2027
  • 5.5 Danger of replacements 
    • Display 27: Danger of replacements Effect of essential consider 2022 as well as 2027
  • 5.6 Danger of competition 
    • Display 28: Danger of competition Effect of essential consider 2022 as well as 2027
  • 5.7 Market problem 
    • Display 29: Chart on Market problem – 5 pressures 2022 as well as 2027

6 Market Division by Kind

  • 6.1 Market sections 
    • Display 30: Chart on Kind – Market share 2022-2027 (%)
    • Display 31: Information Table on Kind – Market share 2022-2027 (%)
  • 6.2 Contrast by Kind 
    • Display 32: Chart on Contrast by Kind
    • Display 33: Information Table on Contrast by Kind
  • 6.3 Integrated – Market dimension as well as projection 2022-2027
    • Display 34: Chart on Integrated – Market dimension as well as projection 2022-2027 ($ million)
    • Display 35: Information Table on Integrated – Market dimension as well as projection 2022-2027 ($ million)
    • Display 36: Chart on Integrated – Year-over-year development 2022-2027 (%)
    • Display 37: Information Table on Integrated – Year-over-year development 2022-2027 (%)
  • 6.4 Standalone – Market dimension as well as projection 2022-2027
    • Display 38: Chart on Standalone – Market dimension as well as projection 2022-2027 ($ million)
    • Display 39: Information Table on Standalone – Market dimension as well as projection 2022-2027 ($ million)
    • Display 40: Chart on Standalone – Year-over-year development 2022-2027 (%)
    • Display 41: Information Table on Standalone – Year-over-year development 2022-2027 (%)
  • 6.5 Market chance by Kind 
    • Display 42: Market chance by Kind ($ million)
    • Display 43: Information Table on Market chance by Kind ($ million)

7 Market Division by OS

  • 7.1 Market sections 
    • Display 44: Chart on OS – Market share 2022-2027 (%)
    • Display 45: Information Table on OS – Market share 2022-2027 (%)
  • 7.2 Contrast by OS 
    • Display 46: Chart on Contrast by OS
    • Display 47: Information Table on Contrast by OS
  • 7.3 Android wear – Market dimension as well as projection 2022-2027
    • Display 48: Chart on Android wear – Market dimension as well as projection 2022-2027 ($ million)
    • Display 49: Information Table on Android wear – Market dimension as well as projection 2022-2027 ($ million)
    • Display 50: Chart on Android wear – Year-over-year development 2022-2027 (%)
    • Display 51: Information Table on Android wear – Year-over-year development 2022-2027 (%)
  • 7.4 Apple watch OS – Market dimension as well as projection 2022-2027
    • Display 52: Chart on Apple view OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 53: Information Table on Apple view OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 54: Chart on Apple view OS – Year-over-year development 2022-2027 (%)
    • Display 55: Information Table on Apple view OS – Year-over-year development 2022-2027 (%)
  • 7.5 Fitbit OS – Market dimension as well as projection 2022-2027
    • Display 56: Chart on Fitbit OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 57: Information Table on Fitbit OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 58: Chart on Fitbit OS – Year-over-year development 2022-2027 (%)
    • Display 59: Information Table on Fitbit OS – Year-over-year development 2022-2027 (%)
  • 7.6 Tizen OS – Market dimension as well as projection 2022-2027
    • Display 60: Chart on Tizen OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 61: Information Table on Tizen OS – Market dimension as well as projection 2022-2027 ($ million)
    • Display 62: Chart on Tizen OS – Year-over-year development 2022-2027 (%)
    • Display 63: Information Table on Tizen OS – Year-over-year development 2022-2027 (%)
  • 7.7 Market chance by OS 
    • Display 64: Market chance by OS ($ million)
    • Display 65: Information Table on Market chance by OS ($ million)

8 Consumer Landscape

  • 8.1 Consumer landscape summary 
    • Display 66: Evaluation of cost level of sensitivity, lifecycle, consumer acquisition basket, fostering prices, as well as acquisition standards

9 Geographical Landscape

  • 9.1 Geographic division 
    • Display 67: Chart on Market share by location 2022-2027 (%)
    • Display 68: Information Table on Market share by location 2022-2027 (%)
  • 9.2 Geographical contrast 
    • Display 69: Chart on Geographical contrast
    • Display 70: Information Table on Geographic contrast
  • 9.3 The United States And Canada – Market dimension as well as projection 2022-2027
    • Display 71: Chart on The United States And Canada – Market dimension as well as projection 2022-2027 ($ million)
    • Display 72: Information Table on The United States And Canada – Market dimension as well as projection 2022-2027 ($ million)
    • Display 73: Chart on The United States And Canada – Year-over-year development 2022-2027 (%)
    • Display 74: Information Table on The United States And Canada – Year-over-year development 2022-2027 (%)
  • 9.4 APAC – Market dimension as well as projection 2022-2027
    • Display 75: Chart on APAC – Market dimension as well as projection 2022-2027 ($ million)
    • Display 76: Information Table on APAC – Market dimension as well as projection 2022-2027 ($ million)
    • Display 77: Chart on APAC – Year-over-year development 2022-2027 (%)
    • Display 78: Information Table on APAC – Year-over-year development 2022-2027 (%)
  • 9.5 Europe – Market dimension as well as projection 2022-2027
    • Display 79: Chart on Europe – Market dimension as well as projection 2022-2027 ($ million)
    • Display 80: Information Table on Europe – Market dimension as well as projection 2022-2027 ($ million)
    • Display 81: Chart on Europe – Year-over-year development 2022-2027 (%)
    • Display 82: Information Table on Europe – Year-over-year development 2022-2027 (%)
  • 9.6 South America – Market dimension as well as projection 2022-2027
    • Display 83: Chart on South America – Market dimension as well as projection 2022-2027 ($ million)
    • Display 84: Information Table on South America – Market dimension as well as projection 2022-2027 ($ million)
    • Display 85: Chart on South America – Year-over-year development 2022-2027 (%)
    • Display 86: Information Table on South America – Year-over-year development 2022-2027 (%)
  • 9.7 Center East as well as Africa – Market dimension as well as projection 2022-2027 
    • Display 87: Chart on Center East as well as Africa – Market dimension as well as projection 2022-2027 ($ million)
    • Display 88: Information Table on Center East as well as Africa – Market dimension as well as projection 2022-2027 ($ million)
    • Display 89: Chart on Center East as well as Africa – Year-over-year development 2022-2027 (%)
    • Display 90: Information Table on Center East as well as Africa – Year-over-year development 2022-2027 (%)
  • 9.8 United States – Market dimension as well as projection 2022-2027
    • Display 91: Chart on United States – Market dimension as well as projection 2022-2027 ($ million)
    • Display 92: Information Table on United States – Market dimension as well as projection 2022-2027 ($ million)
    • Display 93: Chart on United States – Year-over-year development 2022-2027 (%)
    • Display 94: Information Table on United States – Year-over-year development 2022-2027 (%)
  • 9.9 China – Market dimension as well as projection 2022-2027
    • Display 95: Chart on China – Market dimension as well as projection 2022-2027 ($ million)
    • Display 96: Information Table on China – Market dimension as well as projection 2022-2027 ($ million)
    • Display 97: Chart on China – Year-over-year development 2022-2027 (%)
    • Display 98: Information Table on China – Year-over-year development 2022-2027 (%)
  • 9.10 Germany – Market dimension as well as projection 2022-2027
    • Display 99: Chart on Germany – Market dimension as well as projection 2022-2027 ($ million)
    • Display 100: Information Table on Germany – Market dimension as well as projection 2022-2027 ($ million)
    • Display 101: Chart on Germany – Year-over-year development 2022-2027 (%)
    • Display 102: Information Table on Germany – Year-over-year development 2022-2027 (%)
  • 9.11 Japan – Market dimension as well as projection 2022-2027
    • Display 103: Chart on Japan – Market dimension as well as projection 2022-2027 ($ million)
    • Display 104: Information Table on Japan – Market dimension as well as projection 2022-2027 ($ million)
    • Display 105: Chart on Japan – Year-over-year development 2022-2027 (%)
    • Display 106: Information Table on Japan – Year-over-year development 2022-2027 (%)
  • 9.12 Canada – Market dimension as well as projection 2022-2027
    • Display 107: Chart on Canada – Market dimension as well as projection 2022-2027 ($ million)
    • Display 108: Information Table on Canada – Market dimension as well as projection 2022-2027 ($ million)
    • Display 109: Chart on Canada – Year-over-year development 2022-2027 (%)
    • Display 110: Information Table on Canada – Year-over-year development 2022-2027 (%)
  • 9.13 Market chance by location 
    • Display 111: Market chance by location ($ million)
    • Display 112: Information Tables on Market chance by location ($ million)

10 Vehicle Drivers, Obstacles, as well as Fads

  • 10.3 Effect of vehicle drivers as well as difficulties 
    • Display 113: Effect of vehicle drivers as well as difficulties in 2022 as well as 2027

11 Supplier Landscape

  • 11.2 Supplier landscape 
    • Display 114: Introduction on Urgency of inputs as well as Variables of distinction
  • 11.3 Landscape disturbance 
    • Display 115: Introduction on variables of disturbance
  • 11.4 Market dangers 
    • Display 116: Effect of essential dangers on organization

12 Supplier Evaluation

  • 12.1 Suppliers covered 
    • Display 117: Suppliers covered
  • 12.2 Market positioning of suppliers 
    • Display 118: Matrix on supplier placement as well as category
  • 12.3 Apple Inc. 
    • Display 119: Apple Inc. – Introduction
    • Display 120: Apple Inc. – Organization sections
    • Display 121: Apple Inc. – Secret information
    • Display 122: Apple Inc. – Secret offerings
    • Display 123: Apple Inc. – Section emphasis
  • 12.4 ASUSTeK Computer System Inc. 
    • Display 124: ASUSTeK Computer System Inc. – Introduction
    • Display 125: ASUSTeK Computer System Inc. – Item / Solution
    • Display 126: ASUSTeK Computer System Inc. – Secret information
    • Display 127: ASUSTeK Computer System Inc. – Secret offerings
  • 12.5 BBK Electronic Devices Corp Ltd 
    • Display 128: BBK Electronic Devices Corp Ltd – Introduction
    • Display 129: BBK Electronic Devices Corp Ltd – Item / Solution
    • Display 130: BBK Electronic Devices Corp Ltd – Secret offerings
  • 12.6 CASIO Computer System Co. Ltd. 
    • Display 131: CASIO Computer System Co. Ltd. – Introduction
    • Display 132: CASIO Computer System Co. Ltd. – Organization sections
    • Display 133: CASIO Computer System Co. Ltd. – Secret offerings
    • Display 134: CASIO Computer System Co. Ltd. – Section emphasis
  • 12.7 ENOX Manufacturing Solutions GmbH 
    • Display 135: ENOX Manufacturing Solutions GmbH – Introduction
    • Display 136: ENOX Manufacturing Solutions GmbH – Item / Solution
    • Display 137: ENOX Manufacturing Solutions GmbH – Secret offerings
  • 12.8 Fossil Team Inc. 
    • Display 138: Fossil Team Inc. – Introduction
    • Display 139: Fossil Team Inc. – Organization sections
    • Display 140: Fossil Team Inc. – Secret offerings
    • Display 141: Fossil Team Inc. – Section emphasis
  • 12.9 Garmin Ltd. 
    • Display 142: Garmin Ltd. – Introduction
    • Display 143: Garmin Ltd. – Organization sections
    • Display 144: Garmin Ltd. – Secret offerings
    • Display 145: Garmin Ltd. – Section emphasis
  • 12.10 HK SMARTMV Ltd. 
    • Display 146: HK SMARTMV Ltd. – Introduction
    • Display 147: HK SMARTMV Ltd. – Item / Solution
    • Display 148: HK SMARTMV Ltd. – Secret offerings
  • 12.11 Huawei Technologies Co. Ltd. 
    • Display 149: Huawei Technologies Co. Ltd. – Introduction
    • Display 150: Huawei Technologies Co. Ltd. – Organization sections
    • Display 151: Huawei Technologies Co. Ltd. – Secret information
    • Display 152: Huawei Technologies Co. Ltd. – Secret offerings
    • Display 153: Huawei Technologies Co. Ltd. – Section emphasis
  • 12.12 Lenovo Team Ltd. 
    • Display 154: Lenovo Team Ltd. – Introduction
    • Display 155: Lenovo Team Ltd. – Organization sections
    • Display 156: Lenovo Team Ltd. – Secret offerings
    • Display 157: Lenovo Team Ltd. – Section emphasis
  • 12.13 Nexxbase Advertising Pvt. Ltd. 
    • Display 158: Nexxbase Advertising Pvt. Ltd. – Introduction
    • Display 159: Nexxbase Advertising Pvt. Ltd. – Item / Solution
    • Display 160: Nexxbase Advertising Pvt. Ltd. – Secret offerings
  • 12.14 Omate Inc. 
    • Display 161: Omate Inc. – Introduction
    • Display 162: Omate Inc. – Item / Solution
    • Display 163: Omate Inc. – Secret offerings
  • 12.15 Polar Electro Oy 
    • Display 164: Polar Electro Oy – Introduction
    • Display 165: Polar Electro Oy – Item / Solution
    • Display 166: Polar Electro Oy – Secret offerings
  • 12.16 Tata Sons Pvt. Ltd. 
    • Display 167: Tata Sons Pvt. Ltd. – Introduction
    • Display 168: Tata Sons Pvt. Ltd. – Organization sections
    • Display 169: Tata Sons Pvt. Ltd. – Secret offerings
    • Display 170: Tata Sons Pvt. Ltd. – Section emphasis
  • 12.17 ZTE Corp. 
    • Display 171: ZTE Corp. – Introduction
    • Display 172: ZTE Corp. – Organization sections
    • Display 173: ZTE Corp. – Secret information
    • Display 174: ZTE Corp. – Secret offerings
    • Display 175: ZTE Corp. – Section emphasis

13 Appendix

  • 13.2 Incorporations as well as exemptions list
    • Display 176: Incorporations list
    • Display 177: Exemptions list
  • 13.3 Money conversion prices for US$ 
    • Display 178: Money conversion prices for US$
  • 13.4 Research study method 
    • Display 179: Research study method
    • Display 180: Recognition methods used for market sizing
    • Display 181: Info resources
  • 13.5 Checklist of acronyms 
    • Display 182: Checklist of acronyms

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