Overview
The Kids Smartwatch Market Analysis is projected to grow at a CAGR of 14.76% during the forecast period. As per the kids smartwatch market research report, the global market for kids smartwatch is anticipated to grow rapidly by US$1,002.4 Million by 2025. As per analysts, in-built features like global positioning system (GPS) and other sensors along with the emergence of wearable devices will drive the market growth throughout the forecast period. The kids smartwatch market research report provides an in-depth analysis of the Kids Smartwatch Market Analysis and its type, applications, and product segments. The strict regulations on wearables as well as high cost of products are the factors which could affect the Kids Smartwatch Market Analysis growth during the forecast period. The kids smartwatch market research report by expert analysts is intended to help companies in the kids smartwatch market.
Key Players
Prominent players profiled in the global kids smartwatches market report include TickTalk (US), SIBYL WORLD SDN BHD (China), KD Group (Spain), Franciscan Solutions Private Limited (India), Omate Inc. (China), Shenzhen Continental Wireless Co., Ltd (China), JOY FamilyTech, Inc. (California), Doki Technologies (Hong Kong), Garmin Ltd (Switzerland), VTech Holdings Limited (Hong Kong), Huawei Technologies Co. Ltd (China), and Fitbit, Inc. (US), among others.
Market Segmentation
The global kids smartwatch market has been segmented based on type, applications, and product. On the basis of type, the market for kids smartwatch is segmented based on functional type and smart type. Additionally, the market on the basis of applications, is segmented into 7–12 years old and 0–6 years old. The global market for kids smartwatch is also covered based on the product segment which is further split into integrated and standalone.
Key influences such as concerns regarding internet connectivity could obstruct the kids smartwatch market growth. However, as per the kids smartwatch market research report, high awareness regarding fitness as well as growing demand for safety features in wearables will drive growth during the forecast period. These key growth factors will help support the kids smartwatch market growth at a high CAGR. The segmental analysis of type, applications, and product segments as well as regional market analysis has been presented in the global kids smartwatch market research report. Analysts studying the kids smartwatch market have presented projections in the kids smartwatch market research report assisting kids smartwatch market-based companies in numerous ways. The kids smartwatch market research report offers crucial details about the kids smartwatch market based on the data and forecasts till 2025.
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Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for kids smartwatch are primarily covered in the global kids smartwatch market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level kids smartwatch markets are covered in the report. In Asia-Pacific (APAC) region, the country-level kids smartwatch markets covered are China, India, Japan, and others. The kids smartwatch market research report also covers the regional market for kids smartwatch spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The kids smartwatch market research report further explores other regional markets from the rest of the world including kids smartwatch markets of the Middle East and Africa. As per the global kids smartwatch market research report.
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About Us:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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Kids’ Smartwatch MarketThe kids’ smartwatch market spans across North America, Europe, Asia-Pacific Middle East & Africa, and Central and South AmericaFREE PDFhttps://www.marketresearchfuture.com/sample_request/8309@ Smartwatch is a portable wearable computing device that closely resembles a wristwatch.
Some smartwatches also consist of features such as a small and unobtrusive (SOS) button that alerts the parents if the child is in distress and a geofencing function that sends an alert whenever the child enters or leaves a designated area.The geographic analysis of the kids’ smartwatch market has been conducted for North America, Europe, Asia-Pacific (APAC), the Middle East and Africa, and Central and South America.
Asia-Pacific accounted for the largest market share in 2018, with a market value of USD 147.0 million; the market is expected to register a significant CAGR during the forecast period.
The significant gadget consuming culture of China, availability of local brands providing affordable products, fast adoption of new technologies, and increasing middle-class population with high disposable income are some of the factors influencing the demand for kids’ smartwatches.
One such instance is the product recall of kids’ smartwatch named Enox Safe-Kid-One as it was discovered that the smartwatch could easily be hacked by third parties, thus allowing strangers to keep track of children.
According to Centers for Disease Control and Prevention (CDC), the prevalence of obesity among children and adolescents aged 2–19 years was 18.5% affecting 13.7 million kids and adolescents in 2018 in the US.
Kids’ Smartwatch MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Kids’ Smartwatch Market.
The growth sectors of the Kids’ Smartwatch Market are identified with precision for a better growth perspective.The global kids’ smartwatch market is expected to reach USD 1,002.4 million by 2025 at a CAGR of 14.76% during the forecast period.
Market Research Future (MRFR) in its report envelops segmentations and drivers to provide a better glimpse of the market in the coming years.
Competitive AnalysisThe key players of the global Kids’ Smartwatch market are Fitbit, Inc. (US), Huawei Technologies Co. Ltd (China), VTech Holdings Limited (Hong Kong), Garmin Ltd (Switzerland), Doki Technologies (Hong Kong), JOY FamilyTech, Inc. (California), Shenzhen Continental Wireless Co., Ltd (China), Omate Inc. (China), Franciscan Solutions Private Limited (India), KD Group (Spain), SIBYL WORLD SDN BHD (China), TickTalk (US), among others.In July 2019, Doki Technologies launched DokiPal—a 4G LTE smartwatch for kids featuring AI voice assistant, video calling, and location tracking.
It is also compatible with iOS and Android devices to enable parents to communicate with their kids and track their activities remotely.In January 2019, JOY partnered with Pfizer Mexico to distribute the Octopus Watch, to children in Mexico living with chronic health conditions such as growth hormone deficiency (GHD).
The watch is capable of alerting patients to take daily medications in an interactive way.In May 2019, Abardeen launched a 3-in-1 Modular Gizmo for kids—Novus.
