DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8r43c2/smartwatch_market) has announced the addition of the "Smartwatch Market in Japan 2015-2019" report to their offering.
The smartwatch market in Japan to grow at a CAGR of 120.60% in terms of revenue during 2014-2019.
Though the market did not grow as expected during 2010-2013, the market landscape will change significantly by 2015, presenting high growth. Regular improvements in design (for some vendors it is a 1-month cycle), shift from hardware to software, MNCs acquiring start-ups, and steady growth in smartwatches, sport watches, and fitness trackers are some factors accelerating the market growth.
The report, Smartwatch Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of Smartwatch Market in Japan and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the availability of high-speed broadband, increased penetration of smartphones, and technological innovations are factors enabling consumers to use various connected services such as NFC. For instance, a fitness wristband collects the pulse rate of a user while running and provides health information based on these readings. In addition, it can send data to physicians and authenticated persons. A smart health wristband can also alert users on their medication timings and the dosage of medicines to be taken. Connected wearable services enable users to access multimedia and infotainment services while on the go. A smartwatch has all the above-mentioned features and is an ideal device for various functions. Other applications such as social networking, calling, and emailing will also foster market growth.
Further, the report states that he high pricing of smartwatches has been a major challenge for this market.
- Casio Computer
- Samsung Electronics
Other Prominent Vendors
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