Thursday, June 9th, 2016 adds“Smartwatch Market 2016 Global Analysis & Forecast to 2021 Market Research Report”reports to its database.


The market of smart watches is experiencing a three-digit growth rate globally. North America is most promising and highest revenue generating market for Smart watches. As per the estimates, U.S. generated nearly 50% of the market revenue in 2013 and further expected to grow at a growth rate of more than 90% CAGR. However, in coming 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 smartwatches manufacturer.

Out of the total smart watch shipment in 2013, Samsung realized a market leader position followed by Nike and Garmin. The global market is experiencing a huge inflow in the number of companies and is expected to grow to manifold from a population of 40 companies at present.

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As of now the market is purely driven by the leading tech companies such as Samsung, Apple, Google etc. however, in the coming future, the entry of watch companies is expected to increase the competition and dynamics of this market.

Led by innovations the Smart watch companies are spending heavily on R&D front. Top players such as Samsung, Pebble, Maritime and Sony are counting on their R&D investments to be the prioritized strategy to increase respective market shares. Further, Strong distribution support is another key aspect as one of the winning imperative of this market. The leading companies are collaborating with their suppliers and re-sellers to penetrate this market through the right selection of channel, geography and target audience.

The report highlights the major mile stones of the smart watch market further with details covering the key influencing factors impacting this market. An in-depth insight in context to the competition and its evolution with the coming future has been covered in this report along with the forecasting of the future shape of the smart watch 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.


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