Amid the COVID-19 crisis, the global market for Smart Watch estimated at US$56.1 Million in the year 2020, is projected to reach a revised size of US$168.9 Million by 2027, growing at a CAGR of 17.1% over the analysis period 2020-2027.Android, one of the segments analyzed in the report, is projected to grow at a 18.4% CAGR to reach US$135.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the iOS segment is readjusted to a revised 14.8% CAGR for the next 7-year period. This segment currently accounts for a 17.6% share of the global Smart Watch market.
The U. S. Accounts for Over 26.9% of Global Market Size in 2020, While China is Forecast to Grow at a 22% CAGR for the Period of 2020-2027
The Smart Watch market in the U. S. is estimated at US$15.1 Million in the year 2020. The country currently accounts for a 26.9% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$40.2 Million in the year 2027 trailing a CAGR of 22.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 15% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR while Rest of European market (as defined in the study) will reach US$40.2 Million by the year 2027.
Other Compatibilities Segment Corners a 8.3% Share in 2020
In the global Other Compatibilities segment, USA, Canada, Japan, China and Europe will drive the 6.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.5 Million in the year 2020 will reach a projected size of US$5.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$26.3 Million by the year 2027, while Latin America will expand at a 8.6% CAGR through the analysis period. The publisher brings years of research experience to this 7th edition of our report. The 211-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others
- Apple, Inc.
- Connectedevice Holding Ltd.
- Google, Inc.
- LG Electronics Inc.
- Qualcomm, Inc.
- Razer Inc.
- Samsung Electronics Co., Ltd.
- Sonostar, Inc.
- Sony Corporation
- Timex Group USA, Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Smart Watch Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Smart Watch Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
TABLE 2: Smart Watch Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Android (Compatibility) World Market by Region/Country in US$: 2020 to 2027
TABLE 4: Android (Compatibility) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: iOS (Compatibility) Potential Growth Markets Worldwide in US$: 2020 to 2027
TABLE 6: iOS (Compatibility) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Other Compatibilities (Compatibility) Geographic Market Spread Worldwide in US$: 2020 to 2027
TABLE 8: Other Compatibilities (Compatibility) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Personal Assistance (Application) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
TABLE 10: Personal Assistance (Application) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Medical/Healthcare (Application) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
TABLE 12: Medical/Healthcare (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Sports (Application) Sales Estimates and Forecasts in US$ by Region/Country for the Years 2020 through 2027
TABLE 14: Sports (Application) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Other Applications (Application) Global Opportunity Assessment in US$ by Region/Country: 2020-2027
TABLE 16: Other Applications (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Smart Watch Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 17: United States Smart Watch Market Estimates and Projections in US$ by Compatibility: 2020 to 2027
TABLE 18: United States Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 19: United States Smart Watch Latent Demand Forecasts in US$ by Application: 2020 to 2027
TABLE 20: Smart Watch Market Share Breakdown in the United States by Application: 2020 VS 2027
CANADA
TABLE 21: Canadian Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020 to 2027
TABLE 22: Smart Watch Market in Canada: Percentage Share Breakdown of Sales by Compatibility for 2020 and 2027
TABLE 23: Canadian Smart Watch Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
TABLE 24: Canadian Smart Watch Market Share Analysis by Application: 2020 VS 2027
JAPAN
TABLE 25: Japanese Market for Smart Watch: Annual Sales Estimates and Projections in US$ by Compatibility for the Period 2020-2027
TABLE 26: Japanese Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 27: Japanese Demand Estimates and Forecasts for Smart Watch in US$ by Application: 2020 to 2027
TABLE 28: Smart Watch Market Share Shift in Japan by Application: 2020 VS 2027
CHINA
TABLE 29: Chinese Smart Watch Market Growth Prospects in US$ by Compatibility for the Period 2020-2027
TABLE 30: Chinese Smart Watch Market by Compatibility: Percentage Breakdown of Sales for 2020 and 2027
TABLE 31: Chinese Demand for Smart Watch in US$ by Application: 2020 to 2027
TABLE 32: Chinese Smart Watch Market Share Breakdown by Application: 2020 VS 2027
EUROPE
Market Facts & Figures
European Smart Watch Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 33: European Smart Watch Market Demand Scenario in US$ by Region/Country: 2018-2025
TABLE 34: European Smart Watch Market Share Shift by Region/Country: 2020 VS 2027
TABLE 35: European Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020-2027
TABLE 36: European Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 37: European Smart Watch Addressable Market Opportunity in US$ by Application: 2020-2027
TABLE 38: European Smart Watch Market Share Analysis by Application: 2020 VS 2027
FRANCE
TABLE 39: Smart Watch Market in France by Compatibility: Estimates and Projections in US$ for the Period 2020-2027
TABLE 40: French Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 41: Smart Watch Quantitative Demand Analysis in France in US$ by Application: 2020-2027
TABLE 42: French Smart Watch Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
GERMANY
TABLE 43: Smart Watch Market in Germany: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 44: German Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 45: Smart Watch Market in Germany: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
TABLE 46: Smart Watch Market Share Distribution in Germany by Application: 2020 VS 2027
ITALY
TABLE 47: Italian Smart Watch Market Growth Prospects in US$ by Compatibility for the Period 2020-2027
TABLE 48: Italian Smart Watch Market by Compatibility: Percentage Breakdown of Sales for 2020 and 2027
TABLE 49: Italian Demand for Smart Watch in US$ by Application: 2020 to 2027
TABLE 50: Italian Smart Watch Market Share Breakdown by Application: 2020 VS 2027
UNITED KINGDOM
TABLE 51: United Kingdom Market for Smart Watch: Annual Sales Estimates and Projections in US$ by Compatibility for the Period 2020-2027
TABLE 52: United Kingdom Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 53: United Kingdom Demand Estimates and Forecasts for Smart Watch in US$ by Application: 2020 to 2027
TABLE 54: Smart Watch Market Share Shift in the United Kingdom by Application: 2020 VS 2027
SPAIN
TABLE 55: Spanish Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020 to 2027
TABLE 56: Smart Watch Market in Spain: Percentage Share Breakdown of Sales by Compatibility for 2020 and 2027
TABLE 57: Spanish Smart Watch Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
TABLE 58: Spanish Smart Watch Market Share Analysis by Application: 2020 VS 2027
RUSSIA
TABLE 59: Russian Smart Watch Market Estimates and Projections in US$ by Compatibility: 2020 to 2027
TABLE 60: Russian Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 61: Russian Smart Watch Latent Demand Forecasts in US$ by Application: 2020 to 2027
TABLE 62: Smart Watch Market Share Breakdown in Russia by Application: 2020 VS 2027
REST OF EUROPE
TABLE 63: Rest of Europe Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020-2027
TABLE 64: Rest of Europe Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 65: Rest of Europe Smart Watch Addressable Market Opportunity in US$ by Application: 2020-2027
TABLE 66: Rest of Europe Smart Watch Market Share Analysis by Application: 2020 VS 2027
ASIA-PACIFIC
TABLE 67: Asia-Pacific Smart Watch Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
TABLE 68: Asia-Pacific Smart Watch Market Share Analysis by Region/Country: 2020 VS 2027
TABLE 69: Smart Watch Market in Asia-Pacific by Compatibility: Estimates and Projections in US$ for the Period 2020-2027
TABLE 70: Asia-Pacific Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 71: Smart Watch Quantitative Demand Analysis in Asia-Pacific in US$ by Application: 2020-2027
TABLE 72: Asia-Pacific Smart Watch Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
AUSTRALIA
TABLE 73: Smart Watch Market in Australia: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 74: Australian Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 75: Smart Watch Market in Australia: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
TABLE 76: Smart Watch Market Share Distribution in Australia by Application: 2020 VS 2027
INDIA
TABLE 77: Indian Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020 to 2027
TABLE 78: Smart Watch Market in India: Percentage Share Breakdown of Sales by Compatibility for 2020 and 2027
TABLE 79: Indian Smart Watch Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
TABLE 80: Indian Smart Watch Market Share Analysis by Application: 2020 VS 2027
SOUTH KOREA
TABLE 81: Smart Watch Market in South Korea: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 82: Smart Watch Market Share Distribution in South Korea by Compatibility: 2020 VS 2027
TABLE 83: Smart Watch Market in South Korea: Recent Past, Current and Future Analysis in US$ by Application for the Period 2020-2027
TABLE 84: Smart Watch Market Share Distribution in South Korea by Application: 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 85: Rest of Asia-Pacific Market for Smart Watch: Annual Sales Estimates and Projections in US$ by Compatibility for the Period 2020-2027
TABLE 86: Rest of Asia-Pacific Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 87: Rest of Asia-Pacific Demand Estimates and Forecasts for Smart Watch in US$ by Application: 2020 to 2027
TABLE 88: Smart Watch Market Share Shift in Rest of Asia-Pacific by Application: 2020 VS 2027
LATIN AMERICA
TABLE 89: Latin American Smart Watch Market Trends by Region/Country in US$: 2020-2027
TABLE 90: Latin American Smart Watch Market Percentage Breakdown of Sales by Region/Country: 2020 and 2027
TABLE 91: Latin American Smart Watch Market Growth Prospects in US$ by Compatibility for the Period 2020-2027
TABLE 92: Latin American Smart Watch Market by Compatibility: Percentage Breakdown of Sales for 2020 and 2027
TABLE 93: Latin American Demand for Smart Watch in US$ by Application: 2020 to 2027
TABLE 94: Latin American Smart Watch Market Share Breakdown by Application: 2020 VS 2027
ARGENTINA
TABLE 95: Argentinean Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020-2027
TABLE 96: Argentinean Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 97: Argentinean Smart Watch Addressable Market Opportunity in US$ by Application: 2020-2027
TABLE 98: Argentinean Smart Watch Market Share Analysis by Application: 2020 VS 2027
BRAZIL
TABLE 99: Smart Watch Market in Brazil by Compatibility: Estimates and Projections in US$ for the Period 2020-2027
TABLE 100: Brazilian Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 101: Smart Watch Quantitative Demand Analysis in Brazil in US$ by Application: 2020-2027
TABLE 102: Brazilian Smart Watch Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
MEXICO
TABLE 103: Smart Watch Market in Mexico: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 104: Mexican Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 105: Smart Watch Market in Mexico: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
TABLE 106: Smart Watch Market Share Distribution in Mexico by Application: 2020 VS 2027
REST OF LATIN AMERICA
TABLE 107: Rest of Latin America Smart Watch Market Estimates and Projections in US$ by Compatibility: 2020 to 2027
TABLE 108: Rest of Latin America Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 109: Rest of Latin America Smart Watch Latent Demand Forecasts in US$ by Application: 2020 to 2027
TABLE 110: Smart Watch Market Share Breakdown in Rest of Latin America by Application: 2020 VS 2027
MIDDLE EAST
TABLE 111: The Middle East Smart Watch Market Estimates and Forecasts in US$ by Region/Country: 2018-2025
TABLE 112: The Middle East Smart Watch Market Share Breakdown by Region/Country: 2020 and 2027
TABLE 113: The Middle East Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020 to 2027
TABLE 114: Smart Watch Market in the Middle East: Percentage Share Breakdown of Sales by Compatibility for 2020 and 2027
TABLE 115: The Middle East Smart Watch Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
TABLE 116: The Middle East Smart Watch Market Share Analysis by Application: 2020 VS 2027
IRAN
TABLE 117: Iranian Market for Smart Watch: Annual Sales Estimates and Projections in US$ by Compatibility for the Period 2020-2027
TABLE 118: Iranian Smart Watch Market Share Analysis by Compatibility: 2020 VS 2027
TABLE 119: Iranian Demand Estimates and Forecasts for Smart Watch in US$ by Application: 2020 to 2027
TABLE 120: Smart Watch Market Share Shift in Iran by Application: 2020 VS 2027
ISRAEL
TABLE 121: Israeli Smart Watch Market Estimates and Forecasts in US$ by Compatibility: 2020-2027
TABLE 122: Israeli Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 123: Israeli Smart Watch Addressable Market Opportunity in US$ by Application: 2020-2027
TABLE 124: Israeli Smart Watch Market Share Analysis by Application: 2020 VS 2027
SAUDI ARABIA
TABLE 125: Saudi Arabian Smart Watch Market Growth Prospects in US$ by Compatibility for the Period 2020-2027
TABLE 126: Saudi Arabian Smart Watch Market by Compatibility: Percentage Breakdown of Sales for 2020 and 2027
TABLE 127: Saudi Arabian Demand for Smart Watch in US$ by Application: 2020 to 2027
TABLE 128: Saudi Arabian Smart Watch Market Share Breakdown by Application: 2020 VS 2027
UNITED ARAB EMIRATES
TABLE 129: Smart Watch Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 130: Smart Watch Market Share Distribution in United Arab Emirates by Compatibility: 2020 VS 2027
TABLE 131: Smart Watch Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ by Application for the Period 2020-2027
TABLE 132: Smart Watch Market Share Distribution in United Arab Emirates by Application: 2020 VS 2027
REST OF MIDDLE EAST
TABLE 133: Smart Watch Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ by Compatibility for the Period 2020-2027
TABLE 134: Rest of Middle East Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 135: Smart Watch Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
TABLE 136: Smart Watch Market Share Distribution in Rest of Middle East by Application: 2020 VS 2027
AFRICA
TABLE 137: African Smart Watch Market Estimates and Projections in US$ by Compatibility: 2020 to 2027
TABLE 138: African Smart Watch Market Share Breakdown by Compatibility: 2020 VS 2027
TABLE 139: African Smart Watch Latent Demand Forecasts in US$ by Application: 2020 to 2027
TABLE 140: Smart Watch Market Share Breakdown in Africa by Application: 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 41
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