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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
A smartwatch is gaining popularity because it allows users to control and access data without using their wrists at whatever moment of the day.
Other than that, biometrics functioning, GPS as well as navigation capabilities, including autonomous smartphone functioning are some of the smartwatch's distinctive characteristics, which also are predicted to boost the industry in European nations due to people's increasing disposable incomes.
With the advent of 5G, smartwatches may no longer require significant storage capacity and can instead be utilised to house extra sensors. Users might simply keep all of their apps and files inside the clouds instead of necessitating their smartphones or wearables gadget to include hard storage.
S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Apple Watch domination of smartwatch market continues, despite popularity of sub-$100 devices | Despite the rising popularity of much cheaper devices, Apple Watch's dominance of the smartwatch industry shows no signs of abating. | Europe | This would enhance better Technological Controls |
2 | Xiaomi Watch S1 to launch within the next few months | This same Watch S1 will be released before April 2022, according to Xiaomi. The smartwatches will be accessible in Europe and Asia Pacific regions and will be free of Xiaomi's 'Mi' trademark. | Europe | This would enhance better Technological Controls |
3 | Samsung Narrows Gap With Apple Watch | Samsung is the greatest mover in the third quarter, thanks to the popularity of the Galaxy Watch 4 series. | Europe | This would enhance better Technological Controls |
4 | Huawei's latest smartwatch offers heart-rate monitoring and 96 workout modes | In Europe, Huawei has released the WATCH FIT small, a new wristwatch. | Europe | This would enhance better Technological Controls |
5 | OnePlus Watch 2 and OnePlus Band 2 may be official soon | In Europe and Asia, manufacture of the OnePlus Watch 2 and the OnePlus Band 2 has begun. | Europe | This would enhance better Technological Controls |
The Europe Smartwatch Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
The number of functions available via smart wearables is developing in tandem with the growing number of linked automobiles in European nations. Chronic diseases, falls, impairments, and other negative health consequences are more common among the elderly.
Adults and older individuals have used wearable smart devices to solve some of the challenges associated with recognising and controlling adverse health conditions. Furthermore, 5G will play an important role in the future of Europe's digital infrastructure, and the continuous deployment of 5G in European nations.
Tag Heuer SA is a leading mobiliser of the various explorer oriented and fitness-oriented smartwatch requirements in the market. The connected watch modular has been integrated as a 42mm steel case's different finishes, together with steel push buttons and crown, elevate revolutionary technology to such a new level in manufacturing.
The adaptable H-shaped steel bracelet has a foldable closure featuring security pushbuttons. Elevated design incorporates flawless elegance.
The Intelligent watch Golf Edition includes 3D mapping technology, in-depth statistical analysis, shot tracking, and driving zone capabilities let users better understand and develop overall playing anywhere at moment or on any circuit.
The Driving Zone function displays the landing point from any previous approach shots, assisting players in selecting the best approach.
Samsung Inc. is part of the component manufacture trending companies in the current industry. The Galaxy Watch4 seems to have a sleek Armour Aluminium alloy framework and a basic design.
Throughout everyday exercises and day-to-day duties, it has a high-end design and performance. That was the first wristwatch to have Wear OS. Samsung's Galaxy Watch4 provides easy access to all favourite apps right on the wrists.
Users have an access to a wide range of applications, including digital music applications and sports & wellness programs. Control ANC of the Galaxy Buds2 or use this watch to activate applications on smart phone. The Galaxy Watch4's extra functionality, such as the navigation system, end up making it all the more useful.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |