Press Releases
 
Smart Watch Market to Value US$ 30,811 Mn by 2025

Smart Watch Market to Value US$ 30,811 Mn by 2025

New York, 29 January 2018 -- Smart Watch Market to Value US$ 30,811 Mn by 2025

Every passing day, people’s desire to represent themselves with trending fashion is leading to adopt latest attire. Smart watches are trending wearable, that are blend of smart technology and fashion. Further, people those are health conscious are lucky to have this smart way to monitor different aspects related to health and can easily share it with their health advisors through digital techniques. Smart watches are equipped with technology that allows it to connect with smartphones via Bluetooth or other sharing techniques so as to quickly go through notifications or messages etc.

Long-term Overview

According to an exclusive study on global smart watch market by Persistence Market Research, the market is estimated to exhibit tremendous growth with 16.6% CAGR to reach above US$ 30,811 Mn by the end of forecast period (2017-2025). Continuous innovations in smart watches have led this market to achieve highest expansion.

Browse Full Research Report: https://www.persistencemarketresearch.com/market-research/smart-watch-market.asp

Dynamics of Market

Smart watches allow one to integrate apps and extend usage of the mobile phone. Latest features in smart watch with android operating system include handwritten recognition, much easier way to reply to messages, Google assistance on the wrist and the apps can now run without the phone in reach. According to the report, the android wear smart watch segment is anticipated to increase at double-digit CAGR value over the assessment period. Whereas, the smart watches based on iOS platform will expand at steady growth rate and are anticipated to retain its dominance in the smart watch market throughout the assessment period.

Several smart watches have technology to pay bill through just a tap. The apple pay features provides this facility to consumers to pay hassle-free. One’s credit card details can be stored in the watch without opening wallets, he/she can pay through it. However, these smart watches cost a lot more than regular one. Such kind of facility won’t be available in medium price smart watches. The report reveals, in terms of revenues, the medium price smart watches are likely to witness steady expansion through 2025, while low price smart watch segment will showcase high y-o-y growth rate.

Also, on the basis of age group, 25-34 years segment is likely to remain most attractive in the global smart watch market, in terms of value throughout the forecast period. Moreover, 15-24 years segment is likely to witness expansion at double digit CAGR over the assessment period.

The study also analyzes dynamics of market on the basis of sales channels. The market has been segmented into organized retail chain, unorganized retail chain and e-commerce stores. Among these, organized retain chain segment is expected to register high y-o-y growth over the assessment period. Further, in terms of value, the segment is anticipated to increase at staggering double-digit CAGR throughout the assessment period. The online e-commerce segment had secured over US$ 3,876 Mn revenues in 2016 and projected to grow at steady CAGR throughout the assessment period. However, the online e-commerce store segment is expected to be most lucrative segment of the global smart watch market over the assessment period.

Request and Download Sample Report@

https://www.persistencemarketresearch.com/samples/19378 

On the other side, the market also has been segmented in to extensive smart watch, hybrid smart watch, standalone smart watch, on the basis of product type. Among these, the standalone smart watch segment retained its dominance in 2017, procuring more than one-third revenue share of the market.

The North America, Latin America, MEA, APAC and Europe are 5 key regions that are analyzed in the report. Asia Pacific retained its dominance in 2017 in smart watch market with the contribution of more than US$ 2,915 Mn to the global market. In addition, the North America smart watch market is anticipated to grow at high CAGR throughout the assessment period.

Number of companies are contributing in growth of the smart watch market. Some of the leading companies that have huge contribution are profiled in the report include, Nokia Corporation (Withings), Apple Inc., Samsung Electronics Co., Ltd., Xiaomi Corporation, Sony Corporation, Fossil Group, Inc., Garmin Ltd., Huawei Technologies Co., Ltd., and Fitbit Inc.

Buy Full Smart Watch Market Report

@ https://www.persistencemarketresearch.com/checkout/19378

# # #


Submitted by CourtneyyParkerr, Big Market Research on Monday, 29 January 2018 at 1:21 PM
Category: Enterprise Technology
 
Related News

Tag Management Systems Tools Market- Significant Rate Due To High Rate Of Adoption Of Advanced Techn
Tuesday, 23 Oct 2018

Data Analysis Tools Market- Rising Number Of Enterprises And Their Trend Of Cloud Services Adoption
Tuesday, 23 Oct 2018

Data Analysis Tools Market- Rising Number Of Enterprises And Their Trend Of Cloud Services Adoption
Tuesday, 23 Oct 2018

Blockchain Technology Market to Emerge With Magnanimous Revenue: Key Facts Behind This Rise
Tuesday, 23 Oct 2018

Smart Agriculture Market Driven Due to Increased Pressure to Improve Agricultural Yield; Market to E
Tuesday, 23 Oct 2018

Related Events

Global Engineering Congress London October 2018
Monday, 22 Oct 2018

Engine Expo USA 2018 - Novi, Michigan, United States - 23-25 October
Tuesday, 23 Oct 2018

Marine Money Brazil Offshore Finance Forum
Wednesday, 24 Oct 2018

UX LIVE Conference, London 2018 - UX and Research Training Event
Thursday, 25 Oct 2018

Palo Alto Networks: Happy Hour with Westcon
Thursday, 25 Oct 2018

Latest News

France Silica Sand Market Overview 2018, Demand by Regions, Share and Forecast to 2023
Tuesday, 23 Oct 2018

Casting Tape Market Competitive Strategies And Forecasts to 2026
Tuesday, 23 Oct 2018

Self-expandable Stents Market : Emerging Trends, Business Growth Opportunities, Major Driving Factor
Tuesday, 23 Oct 2018

Neonatal Intensive Care Unit (NICU) Services Market Size, Application Analysis, Regional Outlook, 20
Tuesday, 23 Oct 2018

Oman Plastic Pipe and Fitting Market Outlook to 2022: Ken Research
Tuesday, 23 Oct 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 23 October 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 92nd Annual Clinical Reviews 2018
  • Precision CRISPR: Drug Discovery and Gene Therapy London 2018
  • Argus Biofuels and Carbon Markets Summit
  • SMPTE 2018 Annual Technical Conference and Exhibition (SMPTE 2018)
  • 2nd Annual NASH Summit Europe

  • Latest Jobs
    Sorry, there are currently no entries posted here.