The global number of users in the 'Smartwatches' segment of the digital health market was forecast to continuously increase between 2024 and 2029 by in total 285.8 million users (+62.86 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 740.53 million users and therefore a new peak in 2029. Notably, the number of users of the 'Smartwatches' segment of the digital health market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
Smartwatches are wearable devices equipped with advanced functionalities beyond timekeeping. They integrate various sensors and technologies to provide features such as fitness tracking, notifications, app integration, and communication capabilities. Smartwatches often sync with smartphones, allowing users to extend their phone's functionality to their wrist.
Additional Information:
Smartwatches are designed to offer a wide range of features and functionalities to enhance the user's daily life. They can track physical activity such as step count, distance walked, heart rate, and even sleep patterns, providing valuable insight into the wearer's overall health and fitness. The Smartwatches market has grown significantly in recent years, with various manufacturers offering a wide range of models to cater to different user needs and preferences. Some of the well-known smartwatch brands include Apple Watch, Samsung Galaxy Watch, Garmin, and Fitbit Versa.
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Statista. (July 10, 2024). Number of users of smartwatches worldwide from 2020 to 2029 (in millions) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches
Statista. "Number of users of smartwatches worldwide from 2020 to 2029 (in millions)." Chart. July 10, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches
Statista. (2024). Number of users of smartwatches worldwide from 2020 to 2029 (in millions). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches
Statista. "Number of Users of Smartwatches Worldwide from 2020 to 2029 (in Millions)." Statista, Statista Inc., 10 Jul 2024, https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches
Statista, Number of users of smartwatches worldwide from 2020 to 2029 (in millions) Statista, https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches (last visited November 03, 2024)
Number of users of smartwatches worldwide from 2020 to 2029 (in millions) [Graph], Statista, July 10, 2024. [Online]. Available: https://www.statista.com/forecasts/1314339/worldwide-users-of-smartwatches