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Smartwatch Market
Smartwatch Market Size, Share, Forecast, & Trends Analysis by Operating System (Android, iOS, Tizen), Display Type (AMOLED, TFT LCD, LCD, Transflective LCD), Sales Channel, Application (Personal Assistance, Health/Wellness, and Sports), and Geography - Global Forecast to 2031
Report ID:MRICT - 1041207 Pages: 250 May-2024 Formats*: PDF Category: Information and Communications Technology Delivery: 24 to 72 HoursSmartwatch Market Size & Forecast
The Smartwatch Market is expected to reach $78.2 billion by 2031, at a CAGR of 8.9% from 2024 to 2031. By volume, this market is expected to reach 801.3 million units by 2031, at a CAGR of 21.8% from 2024 to 2031. The growth of this market can be attributed to several factors: the growing emphasis on health & fitness tracking, rising technological advancement in wearable devices, and the growing popularity of fashion-forward design. Moreover, the increasing demand for personalized AI assistance is expected to offer growth opportunities for the players operating in this market.
Smartwatch Market Growth Drivers
Growing Emphasis on Health & Fitness Tracking
The surge in health & fitness tracking capabilities of smartwatches mirrors a wider societal shift towards prioritizing well-being. As people become increasingly aware of the significance of regular physical activity, balanced nutrition, and holistic health, they are seeking accessible methods to monitor and enhance their well-being.
Smartwatches serve as a convenient avenue by amalgamating various sensors and technologies that monitor a plethora of health metrics, such as heart rate, steps taken, calories expended, sleep patterns, and even stress levels. By furnishing users with real-time insights into their activity levels and health status, these devices empower individuals to make informed choices about their lifestyle practices.
Additionally, the incorporation of gamification elements in health & fitness tracking injects an element of amusement and encouragement. Through setting objectives, engaging in friendly competition, and receiving rewards for accomplishing milestones, users are motivated to sustain healthy behaviors in the long run. Consequently, the advantages offered by smartwatches are propelling the expansion of this market segment.
Some of the recent developments in this space are as follows:
- In January 2024, Samsung Electronics Co., Ltd. (South Korea) launched its blood pressure and electrocardiogram (ECG) tracking features for the Galaxy Watch6 series for the first time in India through an OTA (over-the-air) rollout. With the Samsung Health Monitor BP and ECG tracking on the Galaxy Watch 6 series, users can now conveniently monitor their health, support their fitness regimes, and enable regular health checkups.
- In September 2022, Apple Inc. (U.S.) introduced its Apple Watch Series 8 and the new Apple Watch SE. Apple Watch Series 8 delivers best-in-class health features, including an innovative temperature sensor that enables advanced features for women’s health and Crash Detection for severe car crashes.
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Growing Popularity of Fashion-forward Design
The surging demand for fashion-forward design is a pivotal force propelling the smartwatch market forward. Evolving from mere functional gadgets to stylish accessories, smartwatches now cater to consumers' desire for both cutting-edge technology and aesthetic appeal. With an array of customization options available, users can personalize their devices with interchangeable straps, diverse watch faces, and even tailor-made features. This level of personalization empowers individuals to showcase their uniqueness and align their smartwatch with their distinct style preferences.
The burgeoning popularity of fashion-forward design signifies a paradigm shift towards wearable technology that not only elevates everyday functionality but also harmonizes with personal style and fashion inclinations. As this trend continues to gain momentum, smartwatches are increasingly becoming indispensable elements of contemporary fashion and lifestyle choices.
Smartwatch Market Opportunity
Increasing Demand for Personalized AI Assistance
The surging demand for personalized AI assistance seamlessly integrated into smartwatches reflects a desire for technology to effortlessly blend into daily routines, emphasizing convenience, efficacy, and tailored interactions.
These AI assistants, tailored to individual users, harness data, preferences, and habits to provide bespoke recommendations and suggestions. From proposing personalized workout regimens to suggesting nearby dining spots based on past choices, these assistants enrich user experiences by delivering pertinent and timely information.
Moreover, personalized AI assistants on smartwatches play a pivotal role in supporting health and wellness objectives. They track fitness endeavors, monitor vital signs, and dispense tailored health advice. By analyzing sleep patterns, advocating lifestyle adjustments for better well-being, and furnishing motivation to achieve fitness milestones, these assistants contribute significantly to users' holistic health goals.
In essence, the advantages presented by smartwatches are paving the way for robust growth opportunities in the market.
Smartwatch Market Trend
The relentless pursuit of seamless connectivity remains paramount in the evolution of smartwatches. Advancements in this realm are geared towards bolstering connectivity with smartphones, enabling users to make calls, send messages, and receive notifications without the need to constantly reach for their phones. This trend holds particular significance for individuals prioritizing convenience and efficiency in their daily routines. A prime example of this trend is exemplified by the Samsung Galaxy Watch 5 Pro, which stands out for its seamless integration with outdoor activities, ensuring users can stay connected and informed without interrupting their outdoor pursuits.
The escalating demand for connectivity and communication enhancements in smartwatches underscores a longing for devices that offer effortless connectivity, enriched communication functionalities, and expanded utility. Ultimately, these advancements serve to enhance the user experience, empowering individuals to remain seamlessly connected, well-informed, and in control regardless of their location or activity.
Smartwatch Market Analysis: Key Findings
By Operating System: In 2024, the iOS Segment to Dominate the Smartwatch Market
In 2024, the iOS segment is expected to account for the largest share of 54.0% of the smartwatch market. The segment’s large share is attributed to the technological advancements in the iOS operating system, growing emphasis on health & wellness monitoring, strong penetration of Apple products, and increasing demand for connectivity and communication upgrades. In addition, the benefits offered by the iOS segment, such as seamless integration with the Apple ecosystem, health & fitness tracking, security privacy, and personal safety features, contribute to this segment's growth. Also, this segment is projected to register the highest CAGR during the forecast period of 2024–2031.
By Display Type: In 2024, the Food & Beverages Segment to Dominate the Smartwatch Market
In 2024, the AMOLED segment is expected to account for the largest share of 75.0% of the smartwatch market. The segment’s large share is attributed to the rising demand for high image quality & low power consumption and the increasing need for wider angles without distortion of picture quality. In addition, the benefits offered by the AMOLED segment, such as better outdoor visibility, wider viewing angles, thin and lightweight design, and lower power consumption, contribute to this segment's growth. Also, several leading key players are taking initiatives to redefine their business strategies. For instance, in May 2023, Garmin International, Inc. (U.S.) launched its Epix Pro Series, its next-gen high-performance GPS smartwatch with a crystal-clear AMOLED display, rugged design, and impressive battery life. Also, this segment is projected to register the highest CAGR during the forecast period of 2024–2031.
By Sales Channel: In 2024, the Offline Segment to Dominate the Smartwatch Market
In 2024, the offline segment is expected to account for the larger share of 70.0% of the smartwatch market. The segment’s large share is attributed to personalized customer interactions, local market presence, and tangible product experiences.
However, the online segment is projected to register the highest CAGR during the forecast period of 2024–2031. The growing preference for personalization, contactless shopping, consumer convenience, easy price comparisons between brands, the advantage of greater discounts compared to offline stores, and a greater product selection experience are some of the factors expected to support the growth of this segment.
By Application: In 2024, the Personal Assistance Segment to Dominate the Smartwatch Market
In 2024, the personal assistance segment is expected to account for the largest share of 40.0% of the smartwatch market. The segment’s large share is attributed to the rising demand for personalized fitness coaching, increasing demand for personalized AI assistance, the growing popularity of fashion-forward design, and the rising demand for task management and reminders.
However, the health/wellness segment is projected to register the highest CAGR during the forecast period of 2024–2031. The growing emphasis on health & fitness tracking and rising consumer awareness regarding health monitoring are expected to support the growth of this segment. In addition, the benefits offered by the health/wellness segment, such as sleep tracking, fitness tracking, blood oxygen level monitoring, and heart health monitoring, contribute to this segment's growth. Also, several leading key players are taking initiatives to improve productivity. For instance, in July 2023, Samsung Electronics Co., Ltd. (South Korea) launched its new Galaxy Watch6 and Galaxy Watch6 Classic. This new Galaxy Watch6 series provides personalized health guidance, purposeful design upgrades, and an enhanced mobile experience for a more informed and healthier self.
Geographical Analysis
In 2024, Asia-Pacific Region to Dominate the Smartwatch Market
In 2024, Asia-Pacific is expected to account for the largest share of 43.0% of the smartwatch market. Asia-Pacific’s large market share is attributed to the increasing penetration rate of urbanization, growing emphasis on health & fitness tracking, and rising technological advancement in wearable devices. Furthermore, the presence of prominent players offering smartwatches supports market growth. For instance, in June 2022, Garmin International, Inc. (U.S.) launched its vívosmart 5 in India, a comfortable, easy-to-read smart fitness tracker featuring Garmin’s most advanced sleep features, including sleep score.
In addition, the adoption of Western lifestyles and the rise in disposable income are predicted to fuel the smartwatch market's expansion. Moreover, the Asia-Pacific region is projected to register the highest CAGR of 10.0% during the forecast period. The rapid growth of this regional market is attributed to the growth in regional economies and the growing popularity of fashion-forward design, especially in China, Japan, South Korea, and India.
Smartwatch Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the smartwatch market are Apple Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Fossil Group, Inc. (U.S.), Garmin International, Inc. (U.S.), Fitbit Inc. (U.S.) (A part of Google LLC), Huawei Technologies Co., Ltd. (China), Sony Corporation (Japan), LG Electronics, Inc. (South Korea), Boltt Games Pvt. Ltd. (India), ASUSTeK Computer Inc. (Taiwan), Honor Device Co., Ltd. (China), and Polar Electro (Finland).
Smartwatch Industry Overview: Latest Developments from Key Industry Players
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In September 2023, Apple Inc. (U.S.) introduced its new Apple Watch Series 9. This new series offers double-tap gestures, a brighter display, faster on-device Siri, the ability to access and log health data, precision finding for iPhone, and more.
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In July 2023, Garmin India, a unit of Garmin International, Inc. (U.S.), launched its two powerful and feature-rich outdoor smartwatch series in India: the fēnix 7 Pro and Epix Pro Series. These next-generation smartwatches are designed to meet the demands of athletes, adventurers, and fitness enthusiasts, providing them with the ultimate performance and tracking capabilities.
- In January 2022, Fossil Group, Inc. (U.S.) collaborated with Razer Inc. (U.S.) to launch the Razer X Fossil Gen 6 smartwatch for gamers.
Smartwatch Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
250 |
|
Format |
|
|
Forecast Period |
2024-2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
8.9% |
|
Market Size (Value) |
USD 78.2 Billion by 2031 |
|
CAGR (Volume) |
21.8% |
|
Market Size (Volume) |
801.3 Million Units by 2031 |
|
Segments Covered |
By Operating System
By Display Type
By Sales Channel
By Application
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Switzerland, Poland, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia & New Zealand, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Israel, and Rest of the Middle East & Africa) |
|
Key Companies |
Apple Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Fossil Group, Inc. (U.S.), Garmin International, Inc. (U.S.), Fitbit Inc. (U.S.) (A part of Google LLC), Huawei Technologies Co., Ltd. (China), Sony Corporation (Japan), LG Electronics, Inc. (South Korea), Boltt Games Pvt. Ltd. (India), ASUSTeK Computer Inc. (Taiwan), Honor Device Co., Ltd. (China), and Polar Electro (Finland). |
Key questions answered in the smartwatch market report:
The smartwatch market study focuses on market assessment and opportunity analysis through the sales of smartwatches across different regions and countries across different market segmentations. This study is also focused on competitive analysis for smartwatches based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies.
The smartwatch market is projected to reach $78.2 billion by 2031, at a CAGR of 8.9% during the forecast period. By volume, this market is expected to reach 801.3 million units by 2031, at a CAGR of 21.8% from 2024 to 2031.
In 2024, the personal assistance segment is expected to account for the largest share of 40.0% of the smartwatch market. The segment’s large share is attributed to the rising demand for personalized fitness coaching, increasing demand for personalized AI assistance, the growing popularity of fashion-forward design, and the rising demand for task management and reminders.
The growth of this market can be attributed to several factors, such as the growing emphasis on health & fitness tracking, rising technological advancements in wearable devices, and the growing popularity of fashion-forward design. Moreover, the increasing demand for personalized AI assistance is expected to offer growth opportunities for the players operating in this market.
The key players operating in the smartwatch market are Apple Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Fossil Group, Inc. (U.S.), Garmin International, Inc. (U.S.), Fitbit Inc. (U.S.) (A part of Google LLC), Huawei Technologies Co., Ltd. (China), Sony Corporation (Japan), LG Electronics, Inc. (South Korea), Boltt Games Pvt. Ltd. (India), ASUSTeK Computer Inc. (Taiwan), Honor Device Co., Ltd. (China), and Polar Electro (Finland).
At present, Asia-Pacific dominates the smartwatch market. Moreover, Japan, China, India, and South Korea are expected to witness strong growth in demand for smartwatches in the coming years.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Market Analysis, by Operating System
3.3. Market Analysis, by Display Type
3.4. Market Analysis, by Sales Channel
3.5. Market Analysis, by Application
3.6. Market Analysis, by Geography
3.7. Competitive Analysis
4 Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Growing Emphasis on Health and Fitness Tracking
4.2.1.2. Rising Technological Advancement in Wearable Devices
4.2.1.3. Growing Popularity of Fashion-forward Design
4.2.2. Restraints
4.2.2.1. High Cost of Superior Quality Smartwatches
4.2.3. Opportunities
4.2.3.1. Increasing Demand for Personalized AI Assistance
4.2.4. Challenges
4.2.4.1. Safety, Security, and Privacy Concerns
4.3. Key Trends
4.3.1. Increasing Demand for Connectivity and Communication Upgrades
4.4. Vendor Selection Criteria/Factors Influencing Purchase Decisions
4.5. Case Studies
4.6. Pricing Analysis
5. Global Smartwatch Market Assessment—by Operating System
5.1. Overview
5.2. Android
5.3. iOS
5.4. Tizen
5.5. Other Operating System
6. Global Smartwatch Market Assessment—by Display Type
6.1. Overview
6.2. AMOLED (Active-Matrix Organic Light-Emitting Diode)
6.3. TFT LCD (Thin Film Transistor)
6.4. LCD
6.5. E-ink Display
6.6. Transflective LCD
7. Global Smartwatch Market Assessment—by Sales Channel
7.1. Overview
7.2. Offline
7.3. Online
8. Global Smartwatch Market Assessment—by Application
8.1. Overview
8.2. Personal Assistance
8.3. Health/Wellness
8.4. Sports
8.5. Media & Entertainment
8.6. Other Applications
9. Smartwatch Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. U.K.
9.3.2. Germany
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Poland
9.3.7. Switzerland
9.3.8. Rest of Europe
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. Singapore
9.4.5. South Korea
9.4.6. Australia & New Zealand
9.4.7. Rest of Asia-Pacific
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
9.6. Middle East & Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Rest of the Middle East & Africa
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Emerging Companies
10.5. Market Share Analysis
11. Company Profiles
11.1. Apple Inc. (U.S.)
11.2. Samsung Electronics Co., Ltd. (South Korea)
11.3. Fossil Group, Inc. (U.S.)
11.4. Garmin International, Inc. (U.S.)
11.5. Fitbit Inc. (U.S.) (A part of Google LLC)
11.6. Huawei Technologies Co., Ltd. (China)
11.7. Sony Corporation (Japan)
11.8. LG Electronics, Inc. (South Korea)
11.9. Boltt Games Pvt. Ltd. (India)
11.10. ASUSTeK Computer Inc. (Taiwan)
11.11. Honor Device Co., Ltd. (China)
11.12. Polar Electro (Finland)
12. Appendix
12.1. Available Customization
List of Tables
Table 1 Currency Conversion Rate (2018–2022)
Table 2 Global Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 3 Global Android Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global iOS Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Tizen Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Smartwatch Market for Other Operating Systems, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 8 Global AMOLED Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global TFT LCD Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global LCD Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global E-Ink Display Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Transflective LCD Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 14 Global Smartwatch Market for Offline, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Smartwatch Market for Online, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 17 Global Smartwatch Market for Personal Assistance, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Smartwatch Market for Health/Wellness, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Smartwatch Market for Sports, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Smartwatch Market for Media & Entertainment, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Smartwatch Market for Other Applications, by Country/Region, 2022–2031 (USD Million)
Table 22 Global Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 23 North America: Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 24 North America: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 25 North America: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 26 North America: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 27 North America: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 28 U.S.: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 29 U.S.: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 30 U.S.: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 31 U.S.: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 32 Canada: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 33 Canada: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 34 Canada: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 35 Canada: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 36 Europe: Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 37 Europe: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 38 Europe: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 39 Europe: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 40 Europe: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 41 U.K.: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 42 U.K.: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 43 U.K.: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 44 U.K.: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 45 Germany: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 46 Germany: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 47 Germany: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 48 Germany: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 49 France: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 50 France: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 51 France: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 52 France: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 53 Italy: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 54 Italy: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 55 Italy: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 56 Italy: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 57 Spain: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 58 Spain: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 59 Spain: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 60 Spain: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 61 Switzerland: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 62 Switzerland: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 63 Switzerland: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 64 Switzerland: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 65 Poland: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 66 Poland: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 67 Poland: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 68 Poland: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 69 Rest of Europe: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 70 Rest of Europe: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 71 Rest of Europe: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 72 Rest of Europe: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 73 Asia-Pacific: Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 74 Asia-Pacific: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 75 Asia-Pacific: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 76 Asia-Pacific: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 77 Asia-Pacific: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 78 China: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 79 China: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 80 China: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 81 China: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 82 Japan: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 83 Japan: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 84 Japan: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 85 Japan: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 86 India: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 87 India: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 88 India: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 89 India: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 90 South Korea: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 91 South Korea: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 92 South Korea: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 93 South Korea: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 94 Singapore: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 95 Singapore: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 96 Singapore: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 97 Singapore: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 98 Australia & New Zealand: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 99 Australia & New Zealand: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 100 Australia & New Zealand: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 101 Australia & New Zealand: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 102 Rest of Asia-Pacific: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 103 Rest of Asia-Pacific: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 104 Rest of Asia-Pacific: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 105 Rest of Asia-Pacific: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 106 Latin America: Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 107 Latin America: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 108 Latin America: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 109 Latin America: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 110 Latin America: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 111 Mexico: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 112 Mexico: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 113 Mexico: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 114 Mexico: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 115 Brazil: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 116 Brazil: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 117 Brazil: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 118 Brazil: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 119 Rest of Latin America: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 120 Rest of Latin America: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 121 Rest of Latin America: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 122 Rest of Latin America: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 123 Middle East & Africa: Smartwatch Market, by Country/Region, 2022–2031 (USD Million)
Table 124 Middle East & Africa: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 125 Middle East & Africa: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 126 Middle East & Africa: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 127 Middle East & Africa: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 128 UAE: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 129 UAE: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 130 UAE: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 131 UAE: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 132 Israel: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 133 Israel: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 134 Israel: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 135 Israel: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 136 Rest of Middle East & Africa: Smartwatch Market, by Operating System, 2022–2031 (USD Million)
Table 137 Rest of Middle East & Africa: Smartwatch Market, by Display Type, 2022–2031 (USD Million)
Table 138 Rest of Middle East & Africa: Smartwatch Market, by Sales Channel, 2022–2031 (USD Million)
Table 139 Rest of Middle East & Africa: Smartwatch Market, by Application, 2022–2031 (USD Million)
Table 140 Recent Developments by Major Market Players (2021–2024)
Table 141 Market Ranking, by Key Players
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 In 2024, the iOS Segment is Expected to Dominate the Global Smartwatch Market
Figure 11 In 2024, the AMOLED Segment is Expected to Dominate the Global Smartwatch Market
Figure 12 In 2024, the Offline Segment is Expected to Dominate the Global Smartwatch Market
Figure 13 In 2024, the Personal Assistance Segment is Expected to Dominate the Global Smartwatch Market
Figure 14 Global Smartwatch Market, by Geography (2024 Vs. 2031)
Figure 15 Impact Analysis of Market Dynamics
Figure 16 Vendor Selection Criteria/Factors Influencing Purchase Decisions
Figure 17 Global Smartwatch Market, by Operating System, 2024 Vs. 2031 (USD Million)
Figure 18 Global Smartwatch Market, by Display Type, 2024 Vs. 2031 (USD Million)
Figure 19 Global Smartwatch Market, by Sales Channel, 2024 Vs. 2031 (USD Million)
Figure 20 Global Smartwatch Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 21 Global Smartwatch Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 22 Geographic Snapshot: Smartwatch Market in North America
Figure 23 Geographic Snapshot: Smartwatch Market in Europe
Figure 24 Geographic Snapshot: Smartwatch Market in Asia-Pacific
Figure 25 Geographic Snapshot: Smartwatch Market in Latin America
Figure 26 Geographic Snapshot: Smartwatch Market in the Middle East & Africa
Figure 27 Growth Strategies Adopted by Leading Market Players (2021–2024)
Figure 28 Competitive Benchmarking Analysis (2021–2024)
Figure 29 Competitive Dashboard: Global Smartwatch Market
Figure 30 Apple Inc.: Financial Overview (2022)
Figure 31 Samsung Electronics Co., Ltd.: Financial Overview (2022)
Figure 32 Fossil Group, Inc.: Financial Overview (2022)
Figure 33 Sony Corporation: Financial Overview (2022)
Figure 34 LG Electronics, Inc.: Financial Overview (2022)
Figure 35 ASUSTeK Computer Inc.: Financial Overview (2022)
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