Infinium Global Research Smartwatch Market | Page 3

Smartwatch Market: Trends and Forecast -2024
among younger consumers, who like to in touch of their office and family
simultaneously. Additionally, it helps to track and maintain consumer’s personal
health and fitness schedules and send them alert about any change in health
situation. According to a recent study, Smartwatch Marketes and healthcare fitness
wearables have backed the widespread awareness on tracking personal health
among people and pushed their outlook toward a healthy future. Thus, the growing
awareness of personal health in people is a growth driver for the Smartwatch
Market market. The rapid emergence of technology has made people more
conscious about their health and fitness, and applicability of smartphone to do
several complex works. With better access to technology, people are increasingly
using advanced gadgets to maintain their fitness levels. In this context, Smartwatch
Marketes help them in tracking their daily activities and reducing bad practices that
may affect their wellness in the long run.
North America serves as a great market for revenue generation, followed by
European countries, due to the presence of a large number of manufacturing
companies in this region. Asia Pacific region is showing the highest CAGR growth
rate in the Smartwatch Market market globally, due to growing disposable income
among middle-class consumers, and exposure to several media about benefits of
using Smartwatch Market etc.
Segment Covered
The report on global Smartwatch Market covers segments such as, products,
application and operating system. On the basis of products the global Smartwatch
Market is categorized into extension Smartwatch Market, standalone Smartwatch
Market and classical Smartwatch Market. On the basis of application the global
Smartwatch Market is categorized into personal assistance, wellness,
medical/health, sports and others. On the basis of operating system the global
Smartwatch Market is categorized into android, IOS, windows and others.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
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