How big is the APAC Smart Watch Market?

The APAC Smart Watch Market size is expected to reach USD 51.62 billion in 2024 and grow at a CAGR of 19.69% to reach USD 126.79 billion by 2029. Read More

What is the current APAC Smart Watch Market size?

In 2024, the APAC Smart Watch Market size is expected to reach USD 51.62 billion. Read More

Who are the key players in APAC Smart Watch Market?

Apple Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Fitbit Inc. and Fossil Group Inc. are the major companies operating in the APAC Smart Watch Market. Read More

What years does this APAC Smart Watch Market cover, and what was the market size in 2023?

In 2023, the APAC Smart Watch Market size was estimated at USD 43.13 billion. The report covers the APAC Smart Watch Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the APAC Smart Watch Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia Pacific Smart Watch Market - Size, Share & Industry Analysis

Asia Pacific Smart Watch Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Smart Watch Companies in Asia Pacific and the Market is Segmented by Operating Systems (Watch OS, Android/Wear OS, Other Operating Systems), Display Type (AMOLED, PMOLED, TFT LCD), Application (Personal Assistance, Medical, Sports, Other Applications), and Country (China, Japan, India, South Korea, Rest of Asia Pacific). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

APAC Smart Watch Industry Overview

The Asian-Pacific smartwatch market is concentrated due to higher initial investments. Major players like Apple Inc., Samsung Electronics Co. Ltd, Huawei Technologies Co. Ltd, Zepp Health, Xiaomi Corporation, and Fitbit Inc dominate it. With a prominent market share, these significant players focus on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and profitability. However, with technological advancements and product innovations, mid-size to smaller companies are growing their market presence by securing new contracts and tapping new markets.

December 2022 - Huawei announced the launch of a new smartwatch for the Chinese market. The Huawei Watch Kids 5X smartwatch has a distinctive look created exclusively for kids.
August 2022- Based on Zee News, in Q2 2022, the Indian smartwatch market grew by 300% yearly, surpassing China for second place owing to the extraordinary rise of local smartwatch manufacturers like Fire-Boltt & Noise, according to CounterPoint Research's published report named "Global Smartwatch Model Tracker."
September 2022- Apple launched its smartwatch Series 8 and SE (2nd generation). The brand-new Series 8 wristwatch includes fall detection, sleep tracking, a heart rate sensor, ECG, and notifications for irregular heart rhythms. Like the Watch Series 8, the Watch SE 2nd generation comes pre-installed with the latest S8 processor.