Smartwatches Market - Global Outlook and Forecast 2023-2028

Report ID: 1029638 | Published Date: Jan 2025 | No. of Page: 125 | Base Year: 2024 | Rating: 3.7 | Webstory: Check our Web story

Smartwatch is an information processing device with the basic time function. The watch may communicate with external devices such as smart phones, sensors, and a wireless headset. Smartwatch often consists of two parts: Peripheral devices and software. Peripheral devices of Smartwatch may include camera, thermometer, accelerometer, altimeter, barometer, compass, GPS receiver, speaker and SDcard that is recognized as a mass storage device by a computer. Software may include Map display, scheduler, calculator, and various kinds of watch face.
This report contains market size and forecasts of Smartwatches in global, including the following market information:
Global Smartwatches Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Smartwatches Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Smartwatches companies in 2021 (%)
The global Smartwatches market was valued at 24630 million in 2021 and is projected to reach US$ 86320 million by 2028, at a CAGR of 19.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Apple Watch Kit Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smartwatches include Apple, Samsung, Sony, Motorola/Lenovo, LG, Pebble, Fitbit, Garmin and Withings, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smartwatches manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smartwatches Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smartwatches Market Segment Percentages, by Type, 2021 (%)
Apple Watch Kit
Android Wear
Tizen
Embedded OS
Global Smartwatches Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smartwatches Market Segment Percentages, by Application, 2021 (%)
Personal Assistance
Medical and Health
Fitness
Personal Safety
Global Smartwatches Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smartwatches Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smartwatches revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Smartwatches revenues share in global market, 2021 (%)
Key companies Smartwatches sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Smartwatches sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple
Samsung
Sony
Motorola/Lenovo
LG
Pebble
Fitbit
Garmin
Withings
Polar
Asus
Huawei
ZTE
inWatch
Casio
TAG Heuer
TomTom
Qualcomm
Weloop
Pulsense
Geak
SmartQ
Hopu
Truly

Frequently Asked Questions
Smartwatches Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Smartwatches Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Smartwatches Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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