If those numbers are a solid baseline for the iPhoneApple Watch market overall it shows both the reach of Apple Watch and the weakness of the wearables market. Next year just over half of wearable users age 18 and older will use a smartwatch translating to 287 million adults.
Global Smartwatch Market Research Report Forecast To 2027 Mrfr
Smartwatch adoption South Korea 562 and General mobile users PLS-SEM PU PENJ and SIMG were found to have positive significant impact on smartwatch adoption.
Smartwatch adoption rate. Relatively this is a small cohort to rely upon to gain the exposure needed for a product to take off. The smartwatch market sold a tiny fraction of its big brother industry. Which rekindles the slower adoption rate that was predicted and thus begins the next iteration of the cycle.
Although NPD concedes. Published by Statista Research Department Sep 28 2016. However fitness wearables have reached the early mainstream categorization sitting at 19 percent.
The statistic shows the smartwatch adoption rate worldwide by country in 2016. His admittedly fitness-thinking audience for iOS has translated into a 12 percent adoption rate for Apple Watch. A total of 16 of Americans now own a smartwatch According to new research by the NPD Group 16 of US adults now own smartwatches compared to 12 in December 2017.
Purpose This study explains and predicts smartwatch adoption trends among non-users of smartwatches based on theories of the diffusion of innovation and inertia. Also next year 111 of all US adults will be a smartwatch user. The innovators and early adopters typically account for just 16 of the potential adoption population.
Read more Smart watch adoption rate among consumers in the United States from 2013 to 2018. The US has the highest proportion of smartwatch users with a 12 percent adoption rate followed by the UK at 9 percent according to the Gartner survey. Fall detection and SPO2 are the features that should see mass-adoption in future models.
Smart watch adoption rate hit an all time high in 2018 at 14 percent. As it stands the smartwatch adoption rate is only 10 percent. That puts smartwatch ownership in the US at 16 percent or one in six.
Continuous improvements in design and functionality are key. Smartwatch Market Outlook - 2027. Continuous improvements in design and functionality are key drivers of smartwatch adoption Liu said.
In the next few years the smartwatch market will likely see the addition of new functionality and increased capabilities which will see the device shipments grow at an annualized rate of 18. North America is estimated to be leading region in the global smartwatch market owing to the high adoption rate of smartwatches in the region due to the presence of health conscious and tech-savvy population. It can be challenging to determine the actual reasons for the adoption of an innovative product because social systems are very complex.
Further the cellular-capable smartwatch is becoming more popular and accounts for more than one in four smartwatches shipped benefitting the likes of Qualcomm. A total of 16 of Americans now own a smartwatch and according to research by the NPD Group compared to 12 in December 2017. Australia came in last at 7 percent.
Global smartwatch adoption rate by country 2016. On the basis of the geography the smartwatch market is segmented into North America Europe Asia Pacific and Rest of the World. You probably wont be shocked to learn that most of those smartwatch owners are age 34 or younger.
The global smartwatch market was valued at 2064 billion in 2019 and is projected to reach 9631 billion by 2027 registering a CAGR of 196 from 2020 to 2027The study of smartwatch in this report emphasizes on various products operating systems and corresponding applications. About 287 million Americans 18 and older or 111 percent of the adult US population will use a smartwatch next year eMarketer said. This includes Smartwatch Market Size by both revenues and unit shipments Smartwatch Market Share by vendor regional smartwatch sales Smartwatch trends by type of Smartwatch OS Adoption trends for smart wearables across regions regional Smartwatch price analysis as well as more than 10 additional market statistics that demonstrate.
Heart rate monitoring now is featured in almost 60 of the smartwatches. Research also reports expected higher adoption rates of smartwatch technology among elderly due to more health-related features. Turning that awareness into sales is the main sticking point for wearable tech brands with ownership rates at just 11 for activity trackers and a measly 3 for smartwatches.
Smartwatch Penetration 2020 Statista
Smart Watch Adoption Rate U S 2013 2018 Statista
Smartwatch Adoption By Country 2016 Statista
The Us Smartwatch Adoption Rate Continues To Increase
