Apple, announced the addition of more than 250 titles, and 12 unique spatial games on 15 Feb 2024, with no ads or in-app purchases on their Apple Vision Pro.
U&I, announced the launch of their My Beats 2.0 Series and My Life Series for consumers' active lifestyles in May 2023. Their smartwatch also offers Sports Modes that can sense several body activities, such as running, walking, jogging, and many more, this helps users to stay fit and active.
Samsung, announced their Galaxy Watch 4 and Galaxy Watch 4 Classic. In which they’ve collaborated with Google to operate the One UI Watch interface which would offer a connected and smooth experience due to their high hardware performance.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5935
Published Date: Mar 27, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The Increase in health consciousness and fitness trends and the growth in urbanization are the major factors driving the growth of the market.
The market size of the Smart Wearable Devices Market is anticipated to attain a CAGR of 19.7% over the forecast period, i.e., 2024-2036.
The major players in the market are Apple Inc., Fitbit Inc., Fossil Group Inc., Garmin Ltd., Google LLC, Huawei Technologies Co. Ltd., Microsoft Corporation, Qualcomm, Samsung Electronics Co. Ltd., Xiaomi, Jawbone, Motorola Solutions Inc., Sony Corporation, Xenoma, and others.
The smartwatches segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.