Top Rated Report: Smart watches Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
The report presents a detailed insight of the global
market for smartwatches. It states that the market is observing a heavy influx
of innovative new smartwatches from smartphone makers.
The fact that most devices in the current market work as companion
devices could act as the biggest driving force for the market; smartphone makers
will want to go with the flow and bring companion smartwatches to suit their
existing blockbuster smartphone models. An important trend in the market is the
launch of customised operating systems by smartphone giants for use in their
own smartwatches. Google, Inc. has launched Android Wear, a customized OS for
use in its wearable devices. Many hardware manufacturers are launching
smartwatches with pre-installed versions of Android Wear, leading to
significant growth of the Android Wear OS market.
The report states that the global smartwatch market had a net worth of US$701 million. Analysing the market\\\\\\\'s growth prospects, the report establishes that the market will grow at a 53.6% CAGR between the years 2014 and 2020. The report segregates the global smartwatch market according to the price range of products, the operating system running on these devices and the key region of the market. Among the key regional markets studied by the report, North America and Europe represent the current high grossing markets, while Asia Pacific represents the market that has huge growth opportunities in the future. The report provides detailed business profiles of some of the key companies operating in the global smartwatch market. The report includes details such as annual revenues for the past few years, recent developments, and business strategies of these companies. Profiles of key business such as Samsung Electronics Co. Ltd., Apple Inc., Sony Electronics Inc., Qualcomm Incorporated, Nike Inc., and Garmin Ltd. are included in the report.
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