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According to a new report North America Smart Watch Market , published by KBV Research, the North American Smart Watch market is expected to attain a market size of $8.6 billion by 2022, growing at a CAGR of 19.9% during the forecast period.
The US market dominated the North American Smart Watch Market by Country in 2016, and would grow at a CAGR of 19.3 % during the forecast period. North America would be the prominent region for Smart Watches, largely due to favorable market conditions. The Extension market dominated the North American Smart Watch Market by Product in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 18.7 % during the forecast period. The Standalone market is expected to witness a CAGR of 20.6% during (2016 - 2022).
Android is the most popular of the OS platforms for Smart Watches; nevertheless, iOS platform would strongly emerge, competing with Android systems during the forecast period. The Personal Assistance market dominated the North American Smart Watch Market by Application in 2015. The Sports market is expected to witness a CAGR of 22.7% during (2016 - 2022).North America Smart Watch Market Revenue Share by Country, 2012-2022 (in USD Million)[/caption] The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in North America region. The key influencing factors of the North American Smart Watch market have been discussed in the report along with the elaborated company profiles of Apple Inc., Samsung Electronics Co. Ltd., Sony Corporation, Google Inc., Lenevo Group Ltd., Garmin Ltd, Fitbit Inc., Nike, Inc and Adidas AG. North America Smart Watch Market Revenue Trend by Country, 2013-2022 (in %)