Smartwatches – Thematic Research
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In 2019, the smartwatches market was worth $17bn. It will become a $64bn industry by 2030, according to GlobalData forecasts, having grown at a compound annual growth rate (CAGR) of 13% between 2019 and 2030.
The growth is mostly attributable to the addition of features such as cellular connectivity, health and fitness monitoring, and interoperability with other connected devices. While these features presently add to user convenience and generate demand, smartwatches will require a killer use case if they are to become indispensable to consumers.
Scope
This report provides an overview of the smartwatches theme.
It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
It includes a comprehensive industry analysis, including up-to-date forecasts for global smartwatches revenues and shipments to 2030.
The detailed value chain shows where smartwatches fit into the broader Internet of Things ecosystem.
Key Highlights
Smartwatches could have a role to play in tackling COVID-19. Some vendors are adding apps that remind people to wash their hands frequently, while others are supporting research tracking the spread of the disease. Although smartwatches lack the capabilities to identify COVID-19 infection, they could be used as tools to monitor the health status of symptomatic patients.
Reasons to Buy
Smartwatches have enjoyed a steady rise in popularity over the past five years. In 2019, 180 million people owned a smartwatch, up from 29 million in 2015, according to GlobalData estimates. The growth is mostly attributable to the launch of the first Apple Watch in April 2015. This report tells you everything you need to know about smartwatches, identifies the leading vendors (as well as those that are lagging behind), and includes new forecasts shwoing the impact of COVID-19 on sales of these devices.
Microsoft
Alphabet
Alibaba
Apple
Huami
Swatch Group
Epson
Timex Group
Girogio Armani
Montrichard Group
Withings
Fossil Group
TAG Heuer
Casio
Mont Blanc
Michael Kors
Breitling
Oppo
Vodafone
Orange
SK Telecom
KT
Verizon
AT&T
Telstra
Optus
DJI
Vuzix
Parrot
Yuneec
Stratasys
3D Systems
Samsung Electronics
Xiaomi
iRobot
GoPro
Baidu
HTC
Magic Leap
Logitech
Huawei
Dell
Hikvision
Panasonic
Garmin
Fitbit
Sony
Lenovo
Alarm.com
Control4
LG Electronics
Seiko Epson
Ingenico
Blackberry
TomTom
Toshiba
Royal Philips
HP
Nikon
Nintendo
Sonos
Quanta Computer
Ricoh
Wistron
Compal
Ningbo Bird
Pioneer
ZTE
Inventec
Acer
Sharp
Asus
Olympus
Canon
Table of Contents
Frequently asked questions
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