DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/btrxwv/global) has announced the addition of the "Global Smartwatches Market 2015-2019" report to their offering.
The Global Smartwatch market to grow at a CAGR of 96.8% over the period 2014-2019
Smartwatches are computerized watches that are designed with enhanced functionalities such as making calls, messaging, and browsing the internet. Smartwatches are integrated with an operating system, which can be used across multiple devices. In the past couple of years, the Global Smartwatches market has been undergoing rapid technological changes, where ongoing innovations have been taking place with vendors coming up with various new features in smartwatches.
Increased partnerships with the Fashion industry is one key trend emerging in this market. Several smartwatch manufacturers are tying up with fashion experts to differentiate their products and provide unique designs to their customers.
According to the report, renewed interest among consumers for smartwatches is one of the major drivers of the market. The Global Smartwatches market is witnessing increased demand from consumers. Consumers' interest in smartwatches has increased with the entry of several new vendors and products.
Further, the report states that the high price of smartwatches is one of the major challenges faced by vendors in the market. Vendors need to cut down the costs and include more features in smartwatches and also employ innovative marketing strategies to tackle this challenge.
Smartwatches considered in this report to calculate the market size include those that can perform the following functions:
- Making and receiving calls or receiving notifications regarding the same
- Sending and receiving text messages or receiving notifications regarding the same
- Display time and date
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/btrxwv/global