Market Overview:
The global Android Wear Watches market is expected to register a CAGR of xx% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for smart watches, rising disposable income, and technological advancements. Amongst type, the square watches segment is expected to dominate the global Android Wear Watches market during the forecast period owing to its sleek and stylish design. Amongst application, men segment is anticipated to hold a dominant position in the global Android Wear Watches market throughout the forecast period as they are considered as fashion accessories. North America region is estimated to account for a major share of the global Android Wear Watches market in 2018 followed by Europe and Asia Pacific regions respectively.
Product Definition:
Android Wear watches are a type of smartwatch that run the Android Wear operating system. They are made by various manufacturers, and allow you to perform tasks such as checking your notifications, controlling your music playback, and viewing fitness data. Android Wear watches can also connect to WiFi or Bluetooth networks, allowing you to do things such as make calls or send text messages without needing your phone.
Square Watches:
Square watches are a new type of smartwatch that has been gaining popularity among consumers. It is an analog style wristwatch with a square face and round body. The design gives the appearance of having more screen estate as compared to round faced watches. Square faces have proportionally larger screens than round faced models, hence making it easier to read the text or information while using the device regularly.
Circle Watches:
Circle watches are a new addition to Android wear and they are an innovative way of showing the time of day. It is basically a circular analog or digital watch face that displays the time in one of two ways: either as a simple 24-hour clock or as a full circle with AM/PM indicators. The second type is mostly used in smartwatches, where it displays the current day and time along with information about the month and year.
Application Insights:
Men application segment held the largest share of over 70.0% in 2017. The increasing use of smartwatches among men is a major factor for this growth. According to a survey, 92% of the male consumers aged between 18 and 24 years have purchased or been gifted a smartwatch and above 50% males aged 25 years and above own wearable devices compared to only 10% females in same age group. Furthermore, majority of the male consumers prefer using fitness bands as opposed to round watches which can be used for both work & personal time monitoring as well as tracking health stats such as calories burnt etc.
The kid application segment is expected to witness significant growth over next six years owing to rising usage rates among children below 12 years old globally with an average increase rate per year around 15%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, high demand for smart devices and rising popularity of wearable technology. In addition, growing sales of premium watches in China are expected to drive the regional market growth over the forecast period.
North America is estimated to be valued at USD X billion in 2017 and will expand further due to presence of prominent players such as Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., LG Electronics Inc.; ASUS; Motorola Mobility LLC; Fossil Group, Inc.; and Google LLC that are actively promoting product adoption across U.S.-based consumers base. Moreover, favorable government initiatives promoting connected cars along with growing awareness regarding mobile security applications installed on smartphones will boost industry growth over the next eight years (2018–2030).
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of 29.4% from 2016 to 2020, reaching 0.9 billion by 2020. This growth can be attributed to the increasing demand for smart watches and other fitness trackers owing to their various health benefits.
- Rising disposable income in developing countries: A large portion of the population in developing countries is expected to experience a rise in disposable income in the next few years, which will lead to an increase in spending on luxury items such as smart watches.
- Proliferation of 4G networks: The proliferation of 4G networks across the globe will provide a better user experience with respect to speed and connectivity, thereby driving demand for Android Wear Watches .
Scope Of The Report
Report Attributes
Report Details
Report Title
Android Wear Watches Market Research Report
By Type
Square Watches, Circle Watches
By Application
Men, Women, Kids
By Companies
Mobvoi, LG, Misfit, Samsung, Asus, Huawei, Garmin, Tizen, Moto, Sony, Geek, Fitbit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Android Wear Watches Market Report Segments:
The global Android Wear Watches market is segmented on the basis of:
Types
Square Watches, Circle Watches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women, Kids
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mobvoi
- LG
- Misfit
- Samsung
- Asus
- Huawei
- Garmin
- Tizen
- Moto
- Sony
- Geek
- Fitbit
Highlights of The Android Wear Watches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Square Watches
- Circle Watches
- By Application:
- Men
- Women
- Kids
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Android Wear Watches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Android Wear watches are wearable devices that run the Android operating system. They typically have a screen size of about 1 inch, and they can be used to control various aspects of your smartphone, such as music playback or phone calls.
Some of the major players in the android wear watches market are Mobvoi, LG, Misfit, Samsung, Asus, Huawei, Garmin, Tizen, Moto, Sony, Geek, Fitbit.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Android Wear Watches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Android Wear Watches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Android Wear Watches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Android Wear Watches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Android Wear Watches Market Size & Forecast, 2020-2028
4.5.1 Android Wear Watches Market Size and Y-o-Y Growth
4.5.2 Android Wear Watches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Square Watches
5.2.2 Circle Watches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Android Wear Watches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Android Wear Watches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Square Watches
9.6.2 Circle Watches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.10.3 Kids
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Square Watches
10.6.2 Circle Watches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.10.3 Kids
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Square Watches
11.6.2 Circle Watches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.10.3 Kids
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Square Watches
12.6.2 Circle Watches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.10.3 Kids
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Square Watches
13.6.2 Circle Watches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.10.3 Kids
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Android Wear Watches Market: Competitive Dashboard
14.2 Global Android Wear Watches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mobvoi
14.3.2 LG
14.3.3 Misfit
14.3.4 Samsung
14.3.5 Asus
14.3.6 Huawei
14.3.7 Garmin
14.3.8 Tizen
14.3.9 Moto
14.3.10 Sony
14.3.11 Geek
14.3.12 Fitbit
