DUBLIN--(BUSINESS WIRE)--The "Smartwatch Market by Product, by OS, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
The market has been thriving in the mobile technology space, which can be attributed to the increasing awareness on personal health and fitness and the rise in smartwatch-controlled automotive capabilities. The smartwatch market is categorized into three types: extension, classic, and standalone; of which the standalone category is projected to witness highest growth during the forecast period.
During the forecast period, smartwatches based on another OS, such as Tizen and proprietary OS, are expected to grow the fastest. In the recent past, other types of smartwatch OS, such as Samsung's Tizen, have taken over Google's Android Wear, which has restructured the global smartwatch market. Besides, massive sales of Samsung Gear S3 have escalated the company's interest in investing more in the development of smarter standalone smartwatches, which clearly asserts a strong growth of this market in the near future.
One of the major opportunities for the growth of smartwatch market lies in the design and development of gender-specific smartwatches by market players. Many women, particularly from the sports and corporate domains, have shown great interest in the adoption of a smartwatch as a replacement to their traditional watch, in the recent past. However, unisex offerings by companies often feature male-oriented designs, making them less popular among women.
Apple has already rolled out its smartwatch accessories, which can be of great interest to women. Similarly, in December 2017, Titan announced the launch of a smartwatch, especially designed for women. However, there is still a huge gap in the industry to fill in with the development of gender-specific smartwatches.
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. North America Market Size and Forecast
7. Europe Market Size and Forecast
8. APAC Market Size and Forecast
9. RoW Market Size and Forecast
10. Competitive Landscape
11. Company Profiles
- Apple Inc.
- Garmin Ltd.
- Fitbit Inc.
- Sony Corporation
- Samsung Electronics Co. Ltd.
- Lenovo Group Limited
- TomTom International BV
- ASUSTeK Computer Inc.
- LG Electronics
- Alphabet Inc.
For more information about this report visit https://www.researchandmarkets.com/research/vp3ltn/global_smartwatch?w=4