Smart Watch Market Overview, Size, Growth, Trends, Demand, Technology, Industry Analysis and Forecasts Research Report 2028

A smart watch is a wearable computing device that is capable of performing various activities such as making/receiving calls, messaging, fitness tracking, internet connectivity, weather updates, GPS tracking when paired with smartphones. These smart watches are often used by fitness enthusiasts to keep a track of their exercises and daily activities and can also be used to play music or games and track health of the patient in real-time. In addition, factors such as rising per capita income, increasing incidences of various diseases, improving standard of living of people across the globe, and rapid growth in digitalization are boosting global market growth. Moreover, various market players are investing in research and development to develop advanced products with additional features such as sturdy and lightweight. 

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Some key highlights in the report:

• Among the product type, the standalone segment is expected to register rapid revenue CAGR throughout the forecast period. Increasing demand for smart watches with SIM cards that can receive calls and send text messages without being connected to smartphones and high usage of standalone smart watches by people engaged in outdoor activities such as travelling or hiking are key factors boosting segment revenue growth. 
• Based on the operating system, the iOS segment is expected to account for significant revenue growth between 2021 and 2028 owing to factors such as rising disposable income, high adoption of iOS devices, and availability of advanced iOS operating systems such as RTOS or WatchOS for smart watches. 

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For this study, Emergen has segmented the global smart watch market based on product, operating system, application, and region:

• Product Outlook (Revenue, USD Billion, 2018 - 2028)
  • Extension
  • Classical 
  • Standalone 

• Operating System Outlook (Revenue, USD Billion, 2018 - 2028)
  • Android
  • Windows
  • iOS
  • Others

• Application Outlook (Revenue, USD Billion, 2018 - 2028)
  • Wellness 
  • Sports 
  • Personal Assistance 
  • Health 
  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2028)
  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Spain
    5. Italy
    6. Rest Of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Rest of MEA