DUBLIN--(BUSINESS WIRE)--The "Smartwatch Market by Product, Application, and Operating System: Global Opportunity Analysis and Industry Forecast, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
According to the report, the global smartwatch market was valued at $9,264.9 million in 2017 and is projected to reach at $31,070.6 million by 2025, growing at a CAGR of 16.2% from 2018 to 2025.
The standalone segment accounts for the highest market share in the global smartwatch market due to various features such as wireless operations and sim card acceptance & can be used as mobile phone, and others. Growth in demand for wireless fitness & sports devices, increase in health awareness among the consumer, and entrance of large number of players, drive the growth of the market. Healthcare segment is expected to exhibit a faster growth, with a CAGR of 17.9% during the forecast period, owing to increase in health-related concerns.
Smartwatch is available in various operating systems that include watchOS, Android, TOS, Tizen, and others. WatchOS is the highest contributor, owing to huge penetration of Apple iPhone in the market. At present, among these categories, about 44% of the market revenue is garnered by smartwatch with watchOS.
The major players operating in the Smartwatch market are Apple Inc., Google Inc., Garmin, Fitbit, Motorola, Sony Corporation, Samsung Electronics, LG Electronics, and Huawei Technologies Co. Ltd. These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.
Key Findings
- In 2017, the North America region generated the highest revenue in the global smartwatch market.
- In 2017, the standalone segment generated the highest revenue in the market.
Key Topics Covered
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools & Models
Chapter 2: Executive Summary
2.1. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition & Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porters Five Forces Analysis
3.4. Market Share, 2017
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Growth in Demand for Wireless Fitness & Sports Devices
3.5.1.2. Increase in Health Awareness Among the Consumers
3.5.1.3. Entrance of Large Number of Players
3.5.2. Restraint
3.5.2.1. High Initial Cost
3.5.3. Opportunity
3.5.3.1. Rise in Investment on Building Connected Ecosystem
Chapter 4: Global Smartwatch, by Product
4.1. Overview
4.2. Extension
4.3. Standalone
4.4. Classical
Chapter 5: Smartwatch Market, by Application
5.1. Overview
5.2. Personal Assistance
5.3. Wellness
5.4. Healthcare
5.5. Sports
5.6. Others
Chapter 6: Smartwatch Market, by Operating System
6.1. Overview
6.2. WatchOS
6.3. Android
6.4. Real-Time Operating System
6.5. Tizen
6.6. Others
Chapter 7: Smartwatch, by Region
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. LAMEA
Chapter 8: Company Profiles
8.1. Apple Inc.
8.2. Alphabet (Google Inc.)
8.3. Fitbit Inc.
8.4. Garmin Ltd.
8.5. Huawei Technologies Co. Ltd.
8.6. LG Electronics
8.7. Motorola Mobility LLC (Lenovo)
8.8. Sony Corporation
8.9. Samsung Electronics Co. Ltd.
8.10. TomTom International B.V.
For more information about this report visit https://www.researchandmarkets.com/r/xo302t