Smartwatch Market Growth, Market Overview, Competitive Analysis, Key Players Review and Forecast To 2027 | Impact of COVID-19
Market Overview Smartwatches have become ubiquitous since the proliferation of smartphones and other smart devices. The compatibility with mobile phones for being connected to work as well as simultaneously filter out important messages has propelled its use. Recent iterations of the devices have included the integration of electrocardiography sensor in Apple Watch and Fitbit are likely to drive its sales. The global Smartwatch Market report by Market Research Future (MRFR) looks at various changes in technology, developments in software and hardware, and consumer comfort for estimating size and revenue trajectories for the forecast period (2018-2023). The COVID-19 pandemic effect on the industry has been explored with insights bound to assist manufacturers in formulating new production plans. Market Scope The global smartwatch market size is projected to experience an explosive CAGR of 17.34% during the forecast period to reach a valuation of USD 109.28 billion by 2023. The market