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Global Smart Watch Market Research Report 2018: Market is Expected to have a CAGR of 60% for 2016-2023

Dublin, March 20, 2018 (GLOBE NEWSWIRE) -- The "Global Smart Watch Market Research Report, Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.

The global smart watch market is expected to have a CAGR of about 60% during forecast period 2016-2023. Increasing trend for wearable is one of the major factor which contribute to growth of global smart watch market during forecast period.

Rising demand for remote patient monitoring and wireless health monitoring devices and technological advancements in smart watches promotes market growth during forecast period. However, concerns related to safety, security and privacy of data is one of the major factor restraining growth of global smart watch market during forecast period.

Geographically, North America accounted for largest market share in terms of revenue in 2016 for global smart watch market followed by Asia Pacific and Europe. North America is expected to dominate the market during forecast period due to high fitness and health related awareness across the region. Furthermore, Asia Pacific is expected to be the fastest growing region for smart watch market during forecast period. Fastest growth rate is witnessed due to presence of low-cost Android based smart watch manufacturers in the region such as, Omate, etc. and increasing health awareness among people.

The growth in global smart watch market is influenced by presence of major players such as LG Electronics (South Korea), Samsung Group (South Korea), Huawei Technologies (China), Fossil Group (U.S.), Pebble Technology (U.S.) etc. To gain competitive advantage, major players adopt various strategies such as mergers & acquisitions, product launch, strategic partnership, collaboration, joint ventures, etc.

Global smart watch market report covers segmentation analysis of product type, application and operating system. Report further covers segments of product type which includes extension smart watch, classic smart watch and standalone smart watch. Operating systems of smart watch are divided as android, IOS, windows and other operating systems. IOS accounted for largest market revenue share in 2016 and expected to dominate the market during forecast period. Its dominance is witnessed due to high sales of IOS based smart watches.

Applications of smart watch include personal assistant, medical/health, sports and other applications. Medical/health segment is expected to be fastest growing segment during forecast period. Highest growth rate is witnessed due to high usage of smart watches in remote patient monitoring and wireless health monitoring.

Key Topics Covered:

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Smart Watch Market : Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.6. Estimation Analysis
2.7. Strategic Analysis
2.8. Competitive Analysis
2.9. Strategic Recommendations & Key Conclusions

3. Market Determinants
3.1. Market Drivers
3.1.1. Rising Demand For Remote Patient Monitoring
3.1.2. Increasing Demand For Wireless Health Monitoring Devices
3.1.3. Technological Advancement In Smart Watches
3.1.4. Increasing Trend For Wearable
3.1.5. Increasing R&D Activities In Smart Watches
3.2. Market Restraints
3.2.1. Data Security And Privacy Concerns
3.3. Market Opportunities
3.3.1. Increasing Use Of Connecting Devices
3.3.2. Increasing Penetration Of Internet Of Things
3.4. Market Challenges
3.4.1. High Cost Associated With Smart Watches

4. Market Segmentation
4.1. Global Smart Watch Market By Product Type
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Extension Smartwatch Market
4.1.5.2. Global Classic Smartwatch Market
4.1.5.3. Global Standalone Smartwatch Market
4.2. Global Smart Watch Market By Application
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4. Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Personal Assistant Market
4.2.5.2. Global Medical/Health Market
4.2.5.3. Global Sports Market
4.2.5.4. Global Other Applications Market
4.3. Global Smart Watch Market By Operating System
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Android Market
4.3.5.2. Global Ios Market
4.3.5.3. Global Windows Market
4.3.5.4. Global Other Operating Systems Market

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List Of Mergers And Acquisitions
5.1.2. List Of Joint Ventures
5.1.3. List Of Product Launches
5.1.4. List Of Partnerships

6. Geographic Analysis

7. Company Profiles

  • Apple (U.S.)
  • Asus (Taiwan)
  • Fitbit (U.S.)
  • Fossil Group (U.S.)
  • Garmin (Switzerland)
  • Huawei Technologies (China)
  • Lenovo (U.S.)
  • Lg Electronics (South Korea)
  • Motorola (U.S.)
  • Omate (China)
  • Pebble Technology (U.S.)
  • Polar Electro (Finland)
  • Samsung Group (South Korea)
  • Sony (Japan)
  • Xiaomi (China)

For more information about this report visit https://www.researchandmarkets.com/research/mjfl9c/global_smart?w=12

                    
                    
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