The article cited AMA's "Global Smartwatches Market Study" explored substantial growth of %. According to the report, Adoption of Fitbit as, Working Towards Clinical Validation and Regulatory Approval of its Software for use in Detecting Health Conditions is one of the primary growth factors for the market. Increasing healthcare among consumers is also driving market demand across the globe. For example, In September, Apple made headlines after announcing three medical studies involving institutions such as Harvard University and the World Health Organization. The partnerships will collect user-generated data from Apple Watches and the company’s Research app with efforts focused on women’s menstruation. is also expected to contribute significantly to the Smartwatches market. Overall, Personal Assistance
applications of Smartwatches, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Display Type, such as AMOLED, is boosting the Smartwatches market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Online, is boosting the Smartwatches market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Operating System , such as WatchOS, is boosting the Smartwatches market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Smartwatches market identified that the demand is rising in many different parts of the world as "Growth in Demand for Wireless Fitness & Sports Devices
". Furthermore, some recent industry insights like "In 2019, Fossil launched the Fossil Sport smartwatch. This smartwatch is powered by Qualcomm Snapdragon Wear 3100 processor and runs the newly-redesigned Wear OS by Google. This product is ideal for all health and activity enthusiasts." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Smartwatches market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smartwatches market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Smartwatches market size is calculated using market estimation process, the Smartwatches market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smartwatches market size has been validated using both top-down and bottom-up approaches.