Global Smartwatch Market is expected to reach USD 0.2 billion by 2032, at a CAGR of 17.34% during the forecast period 2023-2032.
In 2022, the smartwatch market was estimated to be worth USD 0.05 billion. The market for smartwatches is anticipated to increase from USD 0.06 billion in 2023 to USD 0.2 billion in 2032, with a compound annual growth rate (CAGR) of 17.34% over the forecast period (2023-2032).The primary market factors boosting market growth are an increase in the use of organic light-emitting diodes (OLED) in smartwatches as well as an increase in urbanisation.
Because they can instantly access a mobile phone,
Like
Comment
Share
