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Smartwatch Market Size, Share, Development, Growth and Demand Forecast to 2020

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Page 1: Smartwatch Market Size, Share, Development, Growth and Demand Forecast to 2020

GLOBAL INDUSTRY INSIGHT: Smartwatch Market Size, Share, Development, Growth and Demand

Forecast to 2020

Page 2: Smartwatch Market Size, Share, Development, Growth and Demand Forecast to 2020

© P&S Market Research. All rights reserved 2

Global Smartwatch Market Size, Share, Development, Growth

and Demand Forecast to 2020

The global smartwatch market is growing, due to increased demand of home and remote patient monitoring,

increased demand of wearable sensors for infants, and rapid innovation in sensor technology. The demand of

continuous health monitoring features for infants is continuously increasing, since the past few years. The

constant monitoring of physiological parameters of an infant’s body is carried out by using wearable sensors

system, observing external threats as well as internal threats by parents. The increasing use of wearable systems

in physiological monitoring is providing ample growth opportunities for the global smartwatch market. Additionally,

strong distribution support is also supporting the growth of the market. The key competitors in the market are

collaborating with their re-sellers and suppliers for penetrating in the market through selection of right geography,

channel, and target audience.

Explore more about Global Smartwatch Market at: https://www.psmarketresearch.com/market-

analysis/smartwatch-market

Among all the regions, North America led the global market; whereas the Asia-Pacific market is expected to grow

with the highest rate during the coming years. The high growth rate of Asia-Pacific market is due to the presence

of low-cost android based smartwatch manufacturers in developing countries of the region, such as China.

Among the various products, the extension smartwatch segment leads the market; whereas among all the

operating systems, android segment leads the global market. Smartwatches are majorly used in personal

assistance and wellness applications.

The smartwatch reveals how smartphones are slowly transforming into a pocket computer, which can provide

information in a wristwatch. In 2014, Google Inc. entered in the market by launching a version of Android

operating system for smartwatches named ‘Android wear’. Following it, several other manufactures launched

smartwatches with Android operating system. Moto 360 from Motorola, G watch from L.G., and Samsung gear

are some of the most innovative products of the market, which are gaining attention of new users. With the

miniaturization of sensors, and falling prices due to advancement in manufacturing technology, more number of

sensors is expected to be used in such devices during the coming years.

Download TOC at: https://www.psmarketresearch.com/market-analysis/smartwatch-market/toc-sample

Wearable technologies have growth opportunities in numerous areas of applications, such as disaster relief,

medical care, anxiety disorders, behavioral disorders, autism spectrum disorders and others. Wearable sensors,

web cameras, online social networks, and mobile phones are all part of future health support system. The future

medical intervention methods are likely to involve pharmacology with electronic devices. Due to the evolution of

cloud based services, there is increase in data visualization, sharing capabilities, aggregation, and data storage

and processing.

Page 3: Smartwatch Market Size, Share, Development, Growth and Demand Forecast to 2020

© P&S Market Research. All rights reserved 3

Global Smartwatch Market Size, Share, Development, Growth

and Demand Forecast to 2020

Privacy and security is one of the most important aspects in smartwatch. The communication in wearable sensors

applications in healthcare are mostly wireless in nature, which may cause security threats to these systems.

These threats and attacks could cause serious troubles to the social life of the wireless sensor device user. The

location tracking of a patient or person could be done easily, which can be used to harm the person.

Browse Related Market Research at: https://www.psmarketresearch.com/industry-report/semiconductor-and-

electronics

Some of the competitors in the global smartwatch market are Samsung Electronics Co. Ltd., Google Inc., Sony

Corporation, Apple Inc., Fitbit Inc., and Garmin Ltd.

Global Smartwatch Market Segmentation

By Product

Extension

Classic

Standalone

By Operating System

Android

Windows

IOS

Others

By Application

Wellness

Sports

Medical

Personal Assistance

Others

Page 4: Smartwatch Market Size, Share, Development, Growth and Demand Forecast to 2020

© P&S Market Research. All rights reserved 4

Global Smartwatch Market Size, Share, Development, Growth

and Demand Forecast to 2020

By Geography

North America

Europe

Asia -Pacific

Rest of the World

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for

various geographies around the globe. We provide market research reports, industry forecasting reports,

business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate

forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through

their interaction with leading companies of the concerned domain. We help our clients with B2B market research

and assist them in identifying various windows of opportunity, and framing informed and customized business

expansion strategies in different regions.

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