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Global Smart Watches Market Drivers, Restraints and Key Players to 2027 - ResearchAndMarkets.com

·2-min read

DUBLIN, May 24, 2022--(BUSINESS WIRE)--The "Global Smart Watches Market Size & Share to 2027" report has been added to ResearchAndMarkets.com's offering.

An increase in concern about personal health and fitness as well as a rise in penetration of smartphones are key driving factors which are expected to boost global smart watches market growth.

Furthermore, innovative features like alerts, tracking, and connectivity in smart watches have garnered consumer interest in the past few years will increase the demand for smart watches market growth. The rise in the adoption of Internet of Things (IOT) is also projected to propel the global smart watches market growth.

Also, an increase in product launch activities by key players will fuel the market growth. Moreover, an increase in demand for computerized wristwatches with basic smart features has been driving the global smart watches market growth during this forecast period.

Market Restraints

The high initial price of the technology and problems associated with power consumption and low battery life is expected to obstruct the global smart watches market growth during this forecast timeline.

Market Segmentation

Global Smart Watches Market is segmented into operating systems such as Watch OS, and Android/ Wear OS, by display type such as AMOLED, PMOLED, and TFTLCD. Further, the market is segmented into application such as Medical, Sports, Personal Assistance, and Others.

Also, Global Smart Watches Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key Players

Various key players are listed in this report such as Huawei Technologies Co., Ltd, Pebble, Fossil Group, Qualcomm, Sony Corporation, Samsung Electronics Co. Ltd, Apple Inc., ConnectedDevice Ltd., Fitbit, Inc., Motorola, and LG Electronics

Market Taxonomy

By Operating System

  • Watch OS

  • Android/ Wear OS

By Display Type

  • AMOLED

  • PMOLED

  • TFTLCD

By Application

  • Medical

  • Sports

  • Personal Assistance

  • Others

By Region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Smart Watches Market?

  • What will be the growth rate from 2019 to 2027?

  • Which segment/region will have highest growth?

  • What are the factors that will impact/drive the Market?

  • What is the competitive Landscape in the Industry?

  • What is the role of key players in the value chain?

  • What are the strategies adopted by key players?

For more information about this report visit https://www.researchandmarkets.com/r/onw95b

View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005860/en/

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