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The Smart Watch Market to Move Beyond the Monotony

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The Smart Watch Market is expected to grow at an exuberant In Upcoming Years. The inclination towards digital transformation is such that investment on this part all across is likely to increase by 18% between YYYY. With change on the agenda, digital transformation is being looked upon as the most viable one. Thus, trusted digital technology-based partners are bound to take the pie in the forecast period.

Every passing day, people’s desire to represent themselves with trending fashion is leading to adopt latest attire. Smart watches are trending wearable, that are blend of smart technology and fashion. Further, people those are health conscious are lucky to have this smart way to monitor different aspects related to health and can easily share it with their health advisors through digital techniques. Smart watches are equipped with technology that allows it to connect with smartphones via Bluetooth or other sharing techniques so as to quickly go through notifications or messages etc.

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Company Profiles:

Fitbit Inc.
Samsung Electronics Co., Ltd
Sony Corporation
Garmin Ltd.
Fossil Group, Inc.
Huawei Technologies Co., Ltd.
Xiaomi Corporation
Nokia Corporation (Withings)
LG Electronics Inc.
Others

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Long-term Overview

According to an exclusive study on global smart watch market by Persistence Market Research, the market is estimated to exhibit tremendous growth with 16.6% CAGR to reach above US$ 30,811 Mn by the end of forecast period (2017-2025). Continuous innovations in smart watches have led this market to achieve highest expansion.

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Dynamics of Market

Smart watches allow one to integrate apps and extend usage of the mobile phone. Latest features in smart watch with android operating system include handwritten recognition, much easier way to reply to messages, Google assistance on the wrist and the apps can now run without the phone in reach. According to the report, the android wear smart watch segment is anticipated to increase at double-digit CAGR value over the assessment period. Whereas, the smart watches based on iOS platform will expand at steady growth rate and are anticipated to retain its dominance in the smart watch market throughout the assessment period.

Several smart watches have technology to pay bill through just a tap. The apple pay features provides this facility to consumers to pay hassle-free. One’s credit card details can be stored in the watch without opening wallets, he/she can pay through it. However, these smart watches cost a lot more than regular one. Such kind of facility won’t be available in medium price smart watches. The report reveals, in terms of revenues, the medium price smart watches are likely to witness steady expansion through 2025, while low price smart watch segment will showcase high y-o-y growth rate.

Also, on the basis of age group, 25-34 years segment is likely to remain most attractive in the global smart watch market, in terms of value throughout the forecast period. Moreover, 15-24 years segment is likely to witness expansion at double digit CAGR over the assessment period.

The study also analyzes dynamics of market on the basis of sales channels. The market has been segmented into organized retail chain, unorganized retail chain and e-commerce stores. Among these, organized retain chain segment is expected to register high y-o-y growth over the assessment period. Further, in terms of value, the segment is anticipated to increase at staggering double-digit CAGR throughout the assessment period. The online e-commerce segment had secured over US$ 3,876 Mn revenues in 2016 and projected to grow at steady CAGR throughout the assessment period. However, the online e-commerce store segment is expected to be most lucrative segment of the global smart watch market over the assessment period.

On the other side, the market also has been segmented in to extensive smart watch, hybrid smart watch, standalone smart watch, on the basis of product type. Among these, the standalone smart watch segment retained its dominance in 2017, procuring more than one-third revenue share of the market.

The North America, Latin America, MEA, APAC and Europe are 5 key regions that are analyzed in the report. Asia Pacific retained its dominance in 2017 in smart watch market with the contribution of more than US$ 2,915 Mn to the global market. In addition, the North America smart watch market is anticipated to grow at high CAGR throughout the assessment period.

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Original Source: manometcurrent.com

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People of Play Announces the the Winners of the Annual Young Inventor Challenge

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The 2021 Young Inventor Challenge (YIC) winning inventions are sponsored by Goliath, Mattel, New Key Pet, LLC, Crazy Aaron’s Puttyworld, Spin Master, and HABA

(PRWeb November 22, 2021)

Read the full story at https://www.prweb.com/releases/people_of_play_announces_the_the_winners_of_the_annual_young_inventor_challenge/prweb18349836.htm

Article: prweb.com

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Blue Run Spirits Announces Holiday Whiskey Releases: Cask Strength and 12 Special Single Barrel Bottlings

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Holiday Gift Packs and 12 Days of Bourbon Releases Cap Blue Run’s Impressive First Year

(PRWeb November 22, 2021)

Read the full story at https://www.prweb.com/releases/blue_run_spirits_announces_holiday_whiskey_releases_cask_strength_and_12_special_single_barrel_bottlings/prweb18349652.htm

Article: prweb.com

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Smint.io Named “Hot Vendor 2021” in Content Experience Platforms by Aragon Research

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Smint.io, a leading provider of Content Experience Platform solutions, announced it has been selected as one of four ‘Hot Vendors’ in Content Experience Platforms for 2021 by Aragon Research. Smint.io is the only European vendor that has been selected in this category. Vendors selected for the “Hot Vendor” report are noteworthy, visionary, and innovative.

(PRWeb November 19, 2021)

Read the full story at https://www.prweb.com/releases/2021/11/prweb18343873.htm

Source: prweb.com

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