This report presents the worldwide Smartwatches market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
At present, in developed countries, the Smartwatch industry is generally at a more advanced level. The world's famous enterprises are mainly concentrated in USA, Korea and Japan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Smartwatch production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
Chinas Smartwatch industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Smartwatch, but the production technology is relatively laggard to produce some low-end product. The new production lines are increasing, and the high-end product is still relying on import.
With the rapid growth of the national economy as well as the rapid development of smartwatch, Chinese Smartwatch market demand is exuberant, it will provide a good opportunity for the development of watch market and technology.The smartwatch manufacturer has squeezed the traditional Smartwatch market. But there are also opportunities to the watch brands which has established to deliver quality and to determine style trends for watches.Most traditional watch manufacturers also enter into the smartwatch market.The competition will more intense in next few years.
The Smartwatches market was valued at 10900 Million US$ in 2017 and is projected to reach 48400 Million US$ by 2025, at a CAGR of 20.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smartwatches.
The following manufacturers are covered in this report:
Smartwatches Breakdown Data by Type
Apple Watch Kit
Smartwatches Breakdown Data by Application
Medical and Health
Smartwatches Production by Region
Smartwatches Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Smartwatches status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Smartwatches manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Smartwatches :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smartwatches market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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