Global Smart Watch Market to See Highest Growth in APAC, Forecasts KBV Research in New Report Available at MarketPublishers.com30 Nov 2016 • by Natalie Aster
LONDON – Technological advances and an increase in the use of utility watches are some of major factors that encourage growth of the worldwide smart watch marketplace. The entry of top market players and growth of the demand for high-end devices are some other factors that ignite growth of this market. Still there are some factors that hinder growth of the world’s marketplace, such as high cost of manufacturing, the need for standardization, and more.
When it comes to product segments, extension smart watches led the global market as of 2015 in terms of revenue. However, the highest growth is expected to take place in the classic segment over the period 2016-2022.
Region-wise, North America was an unrivalled leader in 2015. In the meantime, APAC is set to become the fastest growing marketplace in the offing.
Apple, Google Garmin and Nike are amongst major companies in the smart watch marketplace globally.
New research report “Global Smart Watch Market (2016 - 2022)” worked out by KBV Research offers a comprehensive discussion of the worldwide market for smart watches. The study commences with an all-round overview of the marketplace.
It throws light on restraints and drivers of the marketplace. The report examines the market on the basis of the following factors: product types, OS types, applications, and more. The research study focuses on key region that dominate the worldwide marketplace and pay attention to major counties.
The research report also delves deep into the competitive situation and comprises profiles of the most prominent companies. Future outlook for this space is on hand in the study, too.
Other Markets Explored by KBV Research Include:
- Virtual Training and Simulation in North America
- Security Testing in Europe
- Location Analytics
- Defibrillators in North America
- Coronary Stents
More new reports by our partner can be found at its page.