- #TARGET MARKET OF APPLE WATCH PORTABLE#
- #TARGET MARKET OF APPLE WATCH OFFLINE#
- #TARGET MARKET OF APPLE WATCH SERIES#
These swiss watches are loved worldwide in September 2022, they witnessed a growth of 19.8% in watch exports compared to 2021, according to the Federation of the Swiss watch industry. Rolex, Omega, Patek Philippe, Cartier, Channel, Longines, Tissot, Rado, Blancpain, and Piaget are some of the prominent luxury watch manufacturers having a presence in the region. China is one of the most competitive markets in the world, as it offers a huge potential for manufacturers of luxury watches to acquire and compete. Click here.Ĭhina, Japan, and India are significantly contributing to the market value of watches in the Asia-Pacific region. Report scope can be customized per your requirements. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million). The study also covers the global level analysis of the major regions, such as North America, Europe, Asia-Pacific, South America, Middle-East, and Africa.
#TARGET MARKET OF APPLE WATCH OFFLINE#
In terms of distribution channels, the market is segmented into offline retail stores and online retail stores. By end user, the market is segmented into women, men, and unisex. By price range, the market is segmented into low-range, mid-range, and luxury. The digital watch is further segmented into smart and others. The watch market is segmented by product type into quartz watches and digital watches.
#TARGET MARKET OF APPLE WATCH PORTABLE#
Watch is a portable timepiece intended to be carried or worn by a person. However, the growth of the watch market has been affected by the presence of these counterfeit products, and customers may not be able to differentiate such products, thereby affecting the revenue stream for the organized players. The demand for smartwatches in the digital watch segment is getting stronger among young consumers as they are more aware of smartphone technology. The lower-priced and mid-priced watches are increasingly gaining market traction due to the increasing demand for value-for-product watches and accessories among women. The disposability and affordability of value watch brands make them a popular fashion choice worldwide. Smart wearables and smartwatches have become more expensive compared to 2020 due to the increased prices of chipsets used to manufacture watches.
#TARGET MARKET OF APPLE WATCH SERIES#
launched the Apple Watch Series 7, which incorporates heart rate and blood oxygen sensors to detect early signs of respiratory conditions like influenza and COVID-19. For instance, in September 2021, Apple Inc. The Watch Market size is estimated at USD 97.41 billion in 2023, and is expected to reach USD 124.44 billion by 2028, growing at a CAGR of 5.02% during the forecast period (2023-2028).Ĭonsidering the COVID-19 pandemic, smartwatch companies have upgraded and launched products to detect the early symptoms of COVID-19 in individuals.
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