The major players in the children smartwatch market include Huawei Technologies Co. Ltd., Fitbit, Inc., Garmin Ltd., Franciscan Solutions Private Limited, VTech Holdings Limited, JOY FamilyTech, Inc., Doki Technologies, Omate Inc., Shenzhen Continental Wireless Co., Ltd., KD Group.
The growing preference for sophisticated portable gadgets and the popularity of IoT will be the Key drivers leading the growth of this market. The increasing need for technology in our daily lives and integrating the functionality of many devices into a single wearable device will boost the market growth. The rising per capita income, along with increasing standard of living, will further propel market growth. The wide range of functions offered by these wearables like education, real-time location, assisted entertainment, speed dialing, motion detection, and a ticket to mainstream social media will be a market booster. The most trending feature of this market is the technological innovations in displays of smartwatches. The major roadblock affecting this market is the high costs of these wearables.
The entire children smartwatch market has been sub-categorized into type, product and application. demand for children smartwatch market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
By Type
- Functional Type
- Smart Type
By Product
- Integrated
- Standalone
By Application
- 0–6 Years Old
- 7–12 Years Old
Source: https://www.valuemarketresearch.com/report/children-smartwatch-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.