Smartwatch Market - Asia-Pacific is Emerging as a Popular Hub and China set to Evolve the Market due to Low Manufacturing Cost

PORTLAND, Oregon, February 17, 2015 /PRNewswire/ --

The market for smartwatches is witnessing a double-digit growth rate globally. North America is a promising and a highest revenue generating geography for smartwatches. As per the estimates, North American region generated nearly 1/3rd of the market revenue in 2013, and it is further expected to grow at a significant rate. However, in the near future, the growth of this market is expected to be driven by the Asian region with China emerging as a popular hub, being a low-cost Android based smartwatch manufacturer.

     (Logo: http://photos.prnewswire.com/prnh/20141014/710132 )

View The Complete Report @http://www.bigmarketresearch.com/smartwatch-market

Out of the total smartwatch shipment in 2013, Samsung held a market leader position, followed by Nike and Garmin. The global market is witnessing a huge inflow in the number of companies and is expected to grow manifold from the existing number of 40 companies at present. As of now, the market is purely driven by the leading tech companies such as Samsung, Apple, Google, etc.; however, in the near future, the entry of watch companies is expected to increase the competition and dynamics of this market.

Led by innovations, the smartwatch companies are spending heavily on R&D. Top players such as Samsung, Pebble, Maritime and Sony are counting on their R&D investments to be the dominant strategy to maximize on the respective market shares. Further, Strong distribution support is another key aspect that is imperative to this market. The leading companies are collaborating with their suppliers and re-sellers to penetrate into this market through the right selection of channel, geography and target audience. 

The report highlights the major mile stones of the smartwatch market with details covering the key influencing factors impacting this market. An in-depth insight on the competitive scenario and its evolution in the near future has been covered in the report along with the forecast of the future of the smartwatch market worldwide. Key players such as Samsung, Pebble, Garmin, Nike, Sony, Fitbit and Casio have been profile with elaborated information on business overview, financials, product portfolios, investments, news and recent developments.

KEY BENEFITS 

• The study highlights the global market for Smartwatch  along with current market conditions and a trend/awareness forecast  to forage the prominent investment pockets in the market 
• The analysis unveils the dominant aspects, viz. upsurge in demand for Smartwatches in applications such as PA, Wellness, Medical/ Health, Sports and Others. Trends of the global market are outlined to determine the overall attractiveness and single out market trends and  gain a stronger foothold in the market 
• A Microscopic analysis of segments is conducted to gauge the potential of the market. These segments highlight the favourable conditions for the growth of global Smartwatch market
• Porters five force's model helps in analysing the potential of buyers & suppliers, with a competitive sketch of the market, which helps market players in better decision making. 

KEY MARKET SEGMENTS 

MARKET BY TYPE PRODUCT  

• Extension smartwatch
• Classic smartwatch
• Standalone smartwatch      

MARKET BY APPLICATION  

• PA
• Wellness
• Medical/ Health
• Sports
• Others

MARKET BY OPERATING SYSTEM  

• Android
• IOS
• Windows
• Others

MARKET BY GEOGRAPHY 

• North America
• Europe
• Asia Pacific
• LAMEA

Enquire About This Reports @http://www.bigmarketresearch.com/report-enquiry/161257 

Table of Content:   

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global Smartwatch Market, By Products

Chapter 5 Global Smartwatch Market By Application

Chapter 6 Global Smartwatch Market, By Operating System

Chapter 7 Global Smartwatch Market, By Geography

Chapter 8 Company Profiles  

About Us:  

With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency.

With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.

Contact us:
Deep Joshi
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
Direct: +1 (617) 674-4143
Toll Free:  +1 (855) 711-1555
Fax: +1 (855) 550-5975
Email: [email protected]  
Web: http://www.bigmarketresearch.com

SOURCE Big Market Research