The North American smartwatch market is expected to grow at a CAGR of 9.57 percent during the forecast period. Increased smartphone penetration and rising public awareness about personal health and fitness are driving the growth of the North American Smart Wearable market. Furthermore, smart wearables with distinct features such as monitoring, notifications, and connectivity have piqued consumer interest in recent years.
North America Smart Wearables Market Report Scope and Research Methodology
The Competitive landscape provides growth strategies adopted by the suppliers in the North America Smart Wearables industry. The news covered in this section provides valuable thoughts at various levels while keeping up-to-date with the business and captivating stakeholders in the economic conflict. The competitive scenario in the North America Smart Wearables market report represents news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected for the North America Smart Wearables report help suppliers understand the loopholes in the marketplace and competitors’ strength and weakness thereby, providing insights to upgrade product and service. It provides the idea of its revenue generation into the overall North America Smart Wearables market compared to other vendors in the space. It provides insights into how players are performing in terms of revenue generation and customer base compared to others.
North America Smart Wearables Market Report Overview
Stellar Market Research provides a comprehensive analysis of North America Smart Wearables Market to provide a current snapshot of the market to understand its feature in an optimized way. The North America Smart Wearables market report presents market characteristics in terms of accumulation, segmentation, dominance, and combination traits. The report provides a North America Smart Wearables market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the North America Smart Wearables industry.
North America Smart Wearables Market Size is estimated to grow at a CAGR of 9.57% during the forecast period. North America Smart Wearables Market is expected to reach US$ 25.24 Bn. in 2027 from US$ 14.58 Bn in 2021.
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North America Smart Wearables Market Key Players: Apple Inc. (U.S.) Fitbit Inc. (U.S.) Fossil Group Inc. (U.S.) Garmin Ltd. (U.S.) Google LLC (U.S.) Microsoft Corporation (U.S.) Qualcomm (U.S.) Jawbone (U.S.) Motorola Solutions Inc. (U.S.) Nike (U.S.) Misfit (U.S.)
North America Smart Wearables Market Regional Insights
North America: U.S., Canada
Europe: U.K., Germany, Rest of Europe
Asia-Pacific: China, Japan, Rest of Asia Pacific
Latin America: Brazil, Mexico, Rest of Latin America
Middle East and Africa: GCC, Rest of MEA
Market size and forecast for these regional and country-level markets are presented in this North America Smart Wearables market report for the period 2020-2029.
North America Smart Wearables Market Segmentation:
Smart Wearables in North America The market is divided into several categories, including neck-wear, foot-wear, wrist-wear, body-wear, eye-wear, and head-wear, among others. The wrist-wear segment dominated the market, accounting for more than half of the total market share. To provide the user with essential fitness data and statistics, a mobile application could be combined with a fitness wristwatch or band. Among the leading wrist-wear manufacturers for sports and fitness applications are GOQii, Apple, Fitbit, and Nike.
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