Asia Pacific Smartwatch Chips Market Size, Share & Industry Trends Analysis Report By Application (iOS System, Android System, and Others), By Type (64-bit, 32-bit, and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Smartwatch Chips Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).
Smartphones make it simple for users to obtain phone alerts from their wrists. Once a wristwatch is linked to a smartphone, it can access all alerts, including SMS, social media, and app notifications. While some smartwatches display the messages, others engage the user with the program. This implies that users may remain current with only a wrist flick.
Once coupled with a phone, the single-chip wristwatch may be used for both connection and Bluetooth calling and features Bluetooth version 5.2 or 5.3 with extremely robust connectivity. In this, Bluetooth calling does not need a separate connection; instead, connectivity and calling are accomplished via a single pairing. In addition to being the most straightforward and best Bluetooth calling method available, this single-chip wristwatch also uses less battery life than dual-chip smartwatches.
The demand for smartwatches has been steadily increasing in the area, significantly boosting the development of the local smartwatch chips market throughout the projected period. Additionally, this area is home to the most significant industrial centre among other emerging countries, including China and India. Further, many companies are substantially investing in creating enhanced smartwatches to raise their dependability and durability. In addition, some companies are also using various techniques to grow their market share. These elements have increased the demand for smartwatches, which presents further growth opportunities for companies that provide smartwatch chips.
The China market dominated the Asia Pacific Smartwatch Chips Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $199.6 million by 2028. The Japan market is estimated to grow a CAGR of 9.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 11.3% during (2022 - 2028).
Based on Application, the market is segmented into iOS System, Android System, and Others. Based on Type, the market is segmented into 64-bit, 32-bit, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smartwatch Chips Market is Projected to reach USD 2.3 Billion by 2028, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Arm Limited (Softbank Group Corp.), Microchip Technology, Inc., Broadcom, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Ingenic Semiconductor Co., Ltd., Intel Corporation, Silicon Laboratories, Inc., QUALCOMM Incorporated (Qualcomm Technologies, Inc.), and Nordic Semiconductor ASA.
Scope of the Study
Market Segments Covered in the Report:
- iOS System
- Android System
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- Arm Limited (Softbank Group Corp.)
- Microchip Technology, Inc.
- Broadcom, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Ingenic Semiconductor Co., Ltd.
- Intel Corporation
- Silicon Laboratories, Inc.
- QUALCOMM Incorporated (Qualcomm Technologies, Inc.)
- Nordic Semiconductor ASA
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Global Smartwatch Chips Market Report 2022-2028
North America Smartwatch Chips Market Report 2022-2028
Europe Smartwatch Chips Market Report 2022-2028