DUBLIN--(BUSINESS WIRE)--The "Global Smart Necklace Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The smart necklace market will register a CAGR of close to 2% by 2023.
Increasing crime rates increases the demand for women safety devices to drive market growth
With the rising incidences of crime on women, it is necessary to have smart technology to combat constant threats to their ability to move around, to work, and lead a normal life.
Increasing popularity of e-commerce channels
The penetration of the Internet and the availability of smart gadgets increase consumer access to online shopping platforms. Retailers utilize online platforms to expand their geographical reach and consumer base. The convenience of online shopping and improved security features of e-commerce platforms also boost the market.
Wider Internet penetration, consumer trust in online retail, faster shipping services, and the fragmentation of consumer choice play a significant role in market growth.
Availability of substitutes
The end-users of smart necklaces are the same as the end-users for other smart wearables such as smartwatches. With no special change in features and notifications, smart necklaces have limited features when compared with smart wrist wear devices such as watches and bands. This makes the acceptance of smart necklaces harder for new end-users, who are new to the smart wearables market.
Competitive Landscape
The market appears to be fragmented, and with the presence of several companies including Ninestar and Totwoo, the competitive environment is quite intense.
Key Players
- Bellabeat
- Huami
- Misfit
- Ninestar
- Totwoo
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
- Comparison by technology
- Bluetooth - Market size and forecast 2018-2023
- NFC - Market size and forecast 2018-2023
- Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing product launches
- Increasing crime rates increases the demand for women safety devices
- Technical advances
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bellabeat
- Huami
- Misfit
- Ninestar
- Totwoo
For more information about this report visit https://www.researchandmarkets.com/research/zhqcr7/global_smart?w=4