Lucintel's latest market report analyzed that smart watch provides attractive opportunities in the personal assistance, wellness, healthcare, and sports markets. The Smart Watch market is expected to grow at a CAGR of 30%-35%. In this market, standalone is the largest segment by product type, whereas mid-end smart watches is largest by price range. Growing adoption of nutritious-system feeding concept and introduction of advanced process technologies for micro feed production provides strategic growth path in this market.
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Based on product type, the smart watch market is segmented into extension, standalone, and classical. The standalone segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to wireless operations, sim card acceptance, and it can also be used as a mobile phone.
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The Smart Watch Market is marked by the presence of several big and small players. Some of the prominent players offering smart watch include Pebble, Samsung, Apple, Nike, Garmin, Sony, Fitbit, Martian, Connecte and Qualcomm.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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