Global Smart Watches Market Growth, Analysis, Research, Demands, Trends and Industry Outlook 2016: QYResearchReports announces the addition of a new research report, titled “Global Smart watches Market 2016 Industry Research Report.” This report studies the Smart watches market globally and provides information on the current state of the industry and the expected condition of the market in the upcoming years. The study thoroughly covers the market on the basis of product type, application, and region. A detailed and unbiased review of the current trends, opportunities, and key areas of the market has been provided.

Brooklyn, New York, UNITED STATES

Brooklyn, NY, April 12, 2016 (GLOBE NEWSWIRE) -- In the last few years, the entry of new and major players in the market has greatly driven the demand for smart watches. The entry of vendors such as Apple Inc., Sony Corporations, and Samsung Electronics, Inc. and the advent of the latest technologies have resulted in a wide range of sophisticated wearable devices for the customers to choose from. Moreover, the global market for smart watches is projected to receive a major impetus from leading players planning to expand their offerings of wearable products.

For more info, get a Sample PDF:

Surge in Smartphone Users Driving Demand for Smart watches

Smart watches are essentially digital watches that have a lot more functionalities compared to a traditional digital or analog time tracking wristwatch. These devices are best described as completely digital tools that allow users to stay connected online and also track their health and fitness round the clock. Currently, smart watches are available in the market as companion devices and as a result, the presence of a massive pool of Smartphone users across the globe is a major force propelling the worldwide market for smart watches.

Browse Report description and TOC:

High Internet and Smartphone Penetration Boosts North America Market

Geographically, North America is the largest market for smart watches based on revenue generated. The region is home to an increasing number of health-conscious and tech-savvy users and as a result, the demand for smart watches is projected to remain extremely high in North America. The region also boasts high Smartphone and internet penetration, which has aided the growth of the smart watch market in North America. The end users in this region also have a much greater purchasing power, which is further projected to boost the smart watches market in North America by 2020.

Developing Countries Exhibit Strong Potential for Growth

Regions such as Europe and Asia are anticipated to witness an exponential rise in the demand for smart watches in the coming years. The demand will be particularly high in Asian countries such as Japan, Australia, India, and China owing to the increasing disposable income of the consumers and the availability of medium to low-end smart watches.

Related Report:

About Us delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QY Research Reports feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.