San Francisco, California, Nov. 18, 2014 (GLOBE NEWSWIRE) -- The global smartwatches market is expected to reach USD 19.62 billion by 2020, according to a new study by Grand View Research, Inc. Growing companion device demand is expected to give impetus to demand for smartwatches. Increasing percentage of health/fitness conscious population has resulted in high demand for wearable fitness monitoring and tracking devices, including smartwatches.
The number of industry participants is expected to increase manifold over the next six years. In addition to startups, the expected entry of established companies is estimated to significantly fuel market growth. Ensuring usability and visual appeal is a critical factor for enabling product adoption on a global level. Furthermore, managing the tradeoff between battery life and performance is critical for profitability.
Get More Details About Smartwatches Market: http://www.grandviewresearch.com/industry-analysis/smartwatches-market
Further Key findings from the study suggest:
Full Research Report on "Global Smartwatches Market": http://www.grandviewresearch.com/industry-analysis/smartwatches-market
For the purpose of this study, Grand View Research has segmented the global smartwatches market on the basis of price segment and region:
Smartwatches Price Segment Outlook
(Volume, Million Units and Revenue, USD Million; 2012 -
2020)
• High-end
• Mid-end
• Low-end
Smartwatches Regional Outlook (Volume, Million Units and
Revenue, USD Million; 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com