Pune, India, Sept. 20, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, that global spending analysis on smart wearables market is anticipated to record a decent CAGR of around 17% during the forecast period of 2022-2028.
Apart from this, the document discusses the major challenges that may affect the growth trajectory of the business while also divulging precise solutions to offset their impact on the revenues.
Speaking of overall market size and scope, it has been classified on the basis of product type, operating system, end-user, connectivity, sales channel, and application vertical. Extensive coverage of each segment in terms of its size, revenue margins, and outlook has been included so that the stakeholders can identify top contenders for the forthcoming years.
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Furthermore, the competitive landscape of the industry is scrutinized in terms of product/service offerings, business overview, profit scope, technical breakthroughs, strategic alliances, and financial status.
Major factors such as a sizable boost in the standard of living and booming popularity of wireless sports & fitness devices among the general public are attributed to market expansion during the analysis timeframe.
In addition, increasing product adoption among athletes, swimmers, cyclists, gym-enthusiasts, and runners in order to effectively track numerous facets like stationery time, activity time, amount of calories burnt, etc. is likely to unearth new opportunities for market remuneration in the coming years.
Segmental outlook: -
Based on product type, the smart watch segment is likely to contribute substantially to market revenue through 2028. Considering end-user, the individual segment of worldwide spending analysis on smart wearables market is poised to accrue notable gains through the forecast period.
In terms of connectivity, the WiFi segment is estimated to showcase tremendous growth over the analysis timeframe. On the basis of sales channel, the conventional retail segment is slated to witness boisterous growth in the coming years.
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Regional overview: -
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are the key geographies that contribute to overall market revenue during the analysis timeframe.
Competitive framework summary: -
BBK Group, Google LLC, Apple Inc., Sony Corporation, Amazon.com, Inc., Garmin Ltd., Fossil Group, Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., Bose Corporation, NUHEARA FPO., TRUMPF Group, Xiaomi Corporation, and Under Armour Inc. among others are the key players influencing global spending analysis on smart wearables market trends.
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Global Spending Analysis on Smart Wearables Market, By Product Type (Value, USD Million, 2018-2028)
Basic Smartphones
- Cellular
- Non-Cellular
Advanced Smartphones
- Cellular
- Non-Cellular
- Glasses
- Hear wearables
- Footwear and Shoes
- Health Wearables
- Smart Jewelry
- Emerging Wearables
- Patient Gowns and Vests
- Data Gloves
- Head-mounted Displays
- Auxiliary Wearables
- Caps and Gloves
Global Spending Analysis on Smart Wearables Market, By Operating System (Value, USD Million, 2018-2028)
- Fitbit OS
- Wear OS
- Tizen OS
- Watch OS
- Others
Global Spending Analysis on Smart Wearables Market, By Connectivity (Value, USD Million, 2018-2028)
- Cellular Data
- WIFI
- Bluetooth
- Near Field Communication
Global Spending Analysis on Smart Wearables Market, By End User (Value, USD Million, 2018-2028)
- Sports and Fitness
- Military
- Transportation
- Industrial and Commercial
- Healthcare
- Individual
- Others
Global Spending Analysis on Smart Wearables Market, By Sales Channel (Value, USD Million, 2018-2028)
- Modern retail
- Hypermarkets
- Supermarkets
- Offline
- Online
- Convenience Store
- Specialty and Discount Stores
- Conventional Retail
Global Spending Analysis on Smart Wearables Market, By Application (Value, USD Million, 2018-2028)
- Fashion & Lifestyle
- Safety & Security
- Auxiliary Applications
- Infotainment
- Healthcare and Medical
- Fitness & Wellness
Global Spending Analysis on Smart Wearables Market, By Region (Value, USD Million, 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Global Spending Analysis on Smart Wearables Market, Company Profiles (Value, USD Million, 2018-2028)
- BBK Group
- Google LLC
- Apple Inc.
- Sony Corporation
- Amazon.com, Inc.
- Garmin Ltd.
- Fossil Group, Inc.
- Samsung Electronics Co., Ltd.
- Huawei Technologies Co., Ltd.
- Bose Corporation,
- NUHEARA FPO.
- TRUMPF Group
- Xiaomi Corporation
- Under Armour Inc.
Table of Contents:
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Global Internet User by Region
6.1.3. Per Capita Income by Select Countries
6.1.4. Consumer Spending on Smart Wearables by Region
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.3.1. Raw Material Suppliers
6.3.1.1. Semiconductor Producers
6.3.1.2. Plastic Components Providers
6.3.1.3. Textile and Apparel Suppliers
6.3.1.4. Auxiliary Electronic Components Suppliers
6.3.2. Smart Wearables Manufacturers
6.3.3. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Smart Wearables Market: Key Investment Analysis
9.1. By Electronics & Semiconductor Companies
9.2. By Sensors and Components Providers
9.3. By End User
9.4. By Region
9.5. M&A Activities
10. Regional Penetration of Smart Wearables
11. Contract Manufacturing v/s In-house Manufacturing
11.1. Margin Analysis
11.2. Cost Analysis
12. Pricing Analysis
12.1. By Product Type
12.2. By Sales Channel
12.3. By Region
12.3.1. North America
12.3.2. Western Europe
12.3.3. Eastern Europe
12.3.4. Asia Pacific
12.3.5. Latin America
12.3.6. Middle East & Africa
13. Parent Market Overview
13.1. Global Consumer Goods Market by Value (US$ Million) and Volume (Million Units)
13.2. Global Wearables Market by Value (US$ Million) and Volume (Million Units)
13.2.1. Conventional Watch
13.2.2. Medical Wearables
13.2.3. Fitness Wearables
13.2.4. Hearables/Earphones
13.2.5. Clothing and Apparel
13.2.6. Footwear and Shoes
14. Global Installed Base: Smart Wearables v/s Conventional Wearables
14.1. By Region
14.2. By Brands
14.3. By Category
15. Segmental Analysis
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