Press release
Smart Watch Market Outlook On Scope, Analysis, Growth, Share, Trend -2032
Smart devices have gained immense popularity over the past decade and have seen a substantial rise in demand and sales alike. Smart watches are devices that are capable of performing multiple tasks and are equipped with sensors that allow them to monitor various health parameters such as heart rate and calorie consumption, which makes them a popular choice among health-aware people and tech-savvy people alike.
Increasing adoption of smart devices, rising demand from emerging economies, increasing disposable income, and rising technological proliferation are some of the major factors driving demand for smart watches.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/19378
Prime manufacturers are investing in expanding their product portfolios to meet rising demand for more advanced and feature-heavy smart watches that are capable of performing multiple tasks.
• In September 2021, Withings, a French consumer electronics company, announced the launch of its new cardiac-monitoring smartwatch with a luxury look. The ScanWatch Horizon is equipped with multiple heart health features.
• In November 2021, Motorola announced the launch of its smartwatch - Moto Watch 100. The watch is the first to run on Motorola's proprietary Moto OS, which is claimed to be focused on health with a battery life of 14 days.
Key Takeaways from Market Study
• Over the next ten years, the global smart watch market is estimated to rise at a CAGR of 19%.
• Demand for smart watches from the Asia Pacific region is expected to be highest among all regions.
• Rising proliferation of technology, increased demand for smart devices from emerging economies, and high demand from the millennial population are some of the major factors driving smart watch sales.
• By the end of the decade, market sales revenue is estimated to top US$ 120 Bn.
• Apple, Samsung, and Garmin are leading smart watch manufacturers in terms of sales and market share.
"Demand from economies such as India and China is expected to be majorly influential in shaping the smart watch market on a global scale," says a Persistence Market Research analyst.
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/19378
Competitive Landscape
The global market for smart watches has been identified as a fairly fragmented space due to the presence of a high number of market participants.
Some of the key market players included in the report are
• Fitbit Inc.
• Samsung Electronics Co., Ltd
• Sony Corporation
• Garmin Ltd.
• Fossil Group, Inc.
• Huawei Technologies Co., Ltd.
• Xiaomi Corporation
• Nokia Corporation (Withings)
• LG Electronics Inc.
• Others
The above are identified as key suppliers of smart watches. These market participants are engaged in market expansion activities and are investing in expanding their product portfolios to boost their sales across various geographies.
More Valuable Insights on Offer
Persistence Market Research, a research and consulting firm, has published a revised market research report on the global smart watch market that contains industry analysis of 2016-2020 and opportunity assessment for 2021-2031.
The report provides an in-depth analysis of the market through different segments, namely, type, operating system, age group, price range, sales channel, and region. The report also provides supply and demand trends along with an overview of the parent market.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/19378
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Watch Market Outlook On Scope, Analysis, Growth, Share, Trend -2032 here
News-ID: 2844855 • Views: …
More Releases from Persistence Market Research
Swimwear and Beachwear Market Set for Strong Expansion by 2032 - PMR Report
Introduction
The global swimwear and beachwear market is experiencing robust growth, driven by the rising influence of beach tourism, increasing participation in water-based activities, growing health and fitness awareness, and the expanding role of social media in shaping fashion trends. Swimwear-ranging from performance-focused designs to stylish resort wear-and beachwear, including cover-ups, sarongs, shorts, and accessories, have become integral to both leisure and lifestyle segments.
➤ Download Your Free Sample & Explore Key…
Packaging Market Value to Rise from US$1.1 Trillion in 2025 to US$1.5 Trillion b …
The global packaging market is undergoing a phase of rapid transformation driven by evolving consumer expectations, expanding retail networks, and increasing emphasis on product safety, sustainability, and convenience. Packaging is no longer seen merely as a protective layer around a product. Instead, it has become a core component of brand identity, product differentiation, and supply chain efficiency. With fast moving consumer goods brands expanding globally and ecommerce platforms heavily depending…
High Barrier Packaging Films Market Growth Forecast 2025 to 2032 Reaching US dol …
The global high barrier packaging films market has grown into one of the most critical components of modern food protection, pharmaceutical safety, and specialty industrial packaging. These films are engineered to shield products from oxygen, moisture, light, aroma loss, contamination, and physical damage. As global consumption patterns shift toward packaged, premium, and convenience oriented goods, the demand for advanced protective films has accelerated rapidly. Manufacturers across regions now rely on…
Propane Tanks Market Valued at US$82.3 Billion in 2024 Set to Hit US$109.8 Billi …
The global propane tanks market is undergoing steady and measurable expansion as industries and households increasingly adopt propane as a reliable, efficient, and clean burning energy source. The market landscape is shaped by rising demand for energy storage solutions, growing outdoor recreational activities, expanding commercial consumption, and strong adoption of propane powered systems for residential heating, cooking, and backup power generation. Propane tanks are used extensively in agriculture, manufacturing, construction,…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
