The market for smartwatches is witnessing a double-digit growth rate globally. North America is a promising and a highest revenue generating geography for smartwatches. As per the estimates, North American region generated nearly 1/3rd of the market revenue in 2013, and it is further expected to grow at a significant rate. However, in the near future, the growth of this market is expected to be driven by the Asian region with China emerging as a popular hub, being a low-cost Android based smartwatch manufacturer.
Out of the total smartwatch shipment in 2013, Samsung held a market leader position, followed by Nike and Garmin. The global market is witnessing a huge inflow in the number of companies and is expected to grow manifold from the existing number of 40 companies at present. As of now, the market is purely driven by the leading tech companies such as Samsung, Apple, Google, etc.; however, in the near future, the entry of watch companies is expected to increase the competition and dynamics of this market.
Led by innovations, the smartwatch companies are spending heavily on R&D. Top players such as Samsung, Pebble, Maritime and Sony are counting on their R&D investments to be the dominant strategy to maximize on the respective market shares. Further, Strong distribution support is another key aspect that is imperative to this market. The leading companies are collaborating with their suppliers and re-sellers to penetrate into this market through the right selection of channel, geography and target audience.
The report highlights the major mile stones of the smartwatch market with details covering the key influencing factors impacting this market. An in-depth insight on the competitive scenario and its evolution in the near future has been covered in the report along with the forecast of the future of the smartwatch market worldwide. Key players such as Samsung, Pebble, Garmin, Nike, Sony, Fitbit and Casio have been profile with elaborated information on business overview, financials, product portfolios, investments, news and recent developments.
KEY MARKET SEGMENTS
MARKET BY TYPE PRODUCT
MARKET BY APPLICATION
MARKET BY OPERATING SYSTEM
MARKET BY GEOGRAPHY
SIMILAR MARKET STUDIES
Summary BioGold Fuels Corporation (Biogold) is a renewable fuels and energy producing company. The company produces clean burning synthetic fuels and carbon neutral green electricity. It also produces Alternative Energy Centers synthetic renewable diesel fuel and other types of energy and carbon based waste stream from municipal solid waste. biogold centers ...
February 2014 | $250 | View Details >>
Global Car-Mounted Multimedia Industry 2014 Deep Market Research Report is a professional and depth research report on Global Car-Mounted Multimedia industry. For overview analysis, the report introduces Car-Mounted Multimedia basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
January 2015 | $3600 | View Details >>
TechNavio's analysts forecast the Global Tablet Operating System (OS) market to grow at a CAGR of 35.2 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing sale of tablets. The Global Tablet OS market has also been witnessing timely upgrades of ...
August 2013 | $2000 | View Details >>
Summary hibu plc (Hibu) formerly Yell Group plc is a print and online advertising services provider. The company advertises small and medium sized business. it provides digital solutions, print solutions, and other products. Its digital solutions include hibu websites and digital directories, and traffic generation. Hibu provides print solutions such as ...
October 2014 | $300 | View Details >>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research