The study covers a detailed analysis segmented by key business segments i.e. by type (Android, iOS, Windows Phone and Compatible Systems) , by application (Healthcare, Device Control, Communication and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Smart Necklace market throughout the predicted period.
What is Smart Necklace?
Smart Jewelry is the name given to pieces of jewelry that have some kind of smart functionality. It’s another wearable device that can be used to stay in touch with the people and information. In many cases smart jewelry is an extension of the smart phone. It can provide you with a range of information and notifications. Smart necklaces can also be used to trigger alarms and send signals to pre-identified phone numbers in case of emergencies.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Smart Necklace market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Bellabeat (United States)
- Huami (China)
- Misfit (United States)
- Totwoo (China)
- Kickstarter (United States)
- Talsam (United States)
- EMMESPHARE (Hong Kong)
- InvisaWear (United States)
- Leaf Wearables (India)
- Electric Runway (Canada)
The companies are exploring the market by expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Market Trend
Rising Popularity of E-Commerce Channels and Increasing Use in Healthcare Industry
Restraints
- High Cost of Manufacturing
Opportunities
Growing Demand for Advanced Healthcare Devices
Key highlights of the Global Smart Necklace market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Smart Necklace market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Smart Necklace market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Smart Necklace Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Necklace market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Necklace market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Smart Necklace, Suppliers of Smart Necklace, Wholesalers, Distributors and Retailers of Smart Necklace, Research Organization and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.