A fresh study, covering “Smart Watches Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Retail & Consumer Goods Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Smart Watches Market.
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North America to Dominate the Global Market
The North America region possess higher market attractiveness index and is considered to be the most lucrative market for the global smart watches market. This region dominates other regions as it shows a higher market share by revenue and growing at a moderate rate during the period of forecast. This trend is anticipated to continue over the forecast period of 2017 to 2022. The Asia-Pacific excluding Japan (APEJ) region is an emerging economy and it reflects the highest growth rate despite of low market share during the period of forecast. North America is expected to reach a value more than US$ 22 Bn by the end of 2022. Following North America, Europe stands second in line as far as market share is concerned. Other regions, apart from APEJ, show comparatively less growth during the forecast period, with Japan region to show the lowest CAGR.
Standalone Smart Watch Segment Poised to Show Good Pace; but Companion Smart Watch Surpasses all
The standalone smart watch segment by product type is poised to show the highest growth rate during the period of forecast. However, the companion smart watch segment has a higher market share by revenue with comparatively less growth rate. Companion smart watch segment dominates all other segments in terms of market share. Standalone segment, which is the second largest segment following companion smart watch segment, is expected to register the highest CAGR of 4.3% in the product type category.
LCD Resembles Strength Whereas OLED Represents Growth
The OLED segment by display type is expected to show higher growth rate than any other segment by display type and is anticipated to reach a CAGR of 4.9% during the forecast period of 2017 to 2022. The LCD segment has a slower growth rate but has the highest market share by revenue, thereby dominating the global market. The decision between OLED, LCD and SAMOLED is difficult to make as all these segments hive minor differences in their market shares in global smart watches market.
Tizen Moves at Fast Speed; watchOS Shows Similar Speed
The Tizen segment by operating system shows highest growth rate yet a small market share. Following Tizen the watchOS segment grows at a similar speed but has the highest market share by revenue and reflects a market share of 48.9% and this trend is bound to grow as years pass by. It is also expected from this segment to reflect a higher gain in BPS by the end of 2022.
E- Commerce is the Need of the Day
The e-commerce segment by distribution channel shows higher growth rate to register a CAGR of 4.1% during the period of forecast and also expected to gain a higher BPS by the end of 2022. The franchised outlets segment dominates the global smart watches market by reflecting the highest market share by revenue and this trend is poised to continue throughout the period of forecast.
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Table of Content
- Global Smart Watches Market - Executive Summary
- Global Smart Watches Market Overview 2.1. Introduction 2.1.1. Global Smart Watches Market Taxonomy 2.1.2. Global Smart Watches Market Definition 2.2. Global Smart Watches Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Smart Watches Market Y-o-Y Growth 2.3. Global Smart Watches Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Smart Watches Market Analysis and Forecast By Product Type 3.1. Global Smart Watches Market Size and Forecast By Product Type, 2012-2022 3.1.1. Companion Smartwatch Smart Watches Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Standalone Smartwatch Smart Watches Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Classic Smartwatch Smart Watches Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region
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