GCC Smartwatch Market Insights, Share & Growth Trends 2024 to 2030

1. GCC Smartwatch Market Research Report: Forecast (2024-2030) Get a Free Sample of the Report Include FY2025-30:

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4. Market Insights The GCC Smartwatch Market size is expected to exhibit a growth rate (CAGR) of around 5.50% during the forecast period, i.e., 2024-2030. The factors attributing to the growth of smartwatches in GCC countries, the UAE, Saudi Arabia, etc., are rising health & fitness awareness, emerging fashion & style trends, rising digitization, and an expanding e-commerce sector. In recent years, there has been a change in consumers’ lifestyles owing to the increasing workload, unhealthy eating habits, and inactive workout regimes. As a result, the prevalence of diseases such as diabetes, obesity, and others in the region has significantly increased.

5. Market Challenge Incompatibility of Smartwatches with Few Smartphones Hinders Market Growth – Smartwatches traditionally utilize Bluetooth, Wi-Fi, NFC, or cellular connectivity for communication with paired devices. However, the new generation of smartphones has upgraded versions of Bluetooth, which is incompatible with the smartphone range. As a result, customers fail to pair their smartwatches with their smartphones. They spend additional money to purchase accessories that make the devices compatible. Hence, consumers restrain themselves from buying smartphones that are incompatible or based on outdated bluetooth technology to avoid additional overhead, hampering market growth & expansion.

6. Market Segments • By Operating Systems (Watch OS, Android/Wear OS, Other Operating Systems), • By Display Type (AMOLED, PMOLED, TFT LCD), • By Type (Analog, Digital), By Price Range (Upto USD100, USD101 to USD250, USD251 to 500, Above USD 500),

7. Top Companies Apple Inc., Samsung Electronics Co. Ltd., Garmin Ltd, Fitbit Inc. (Google Inc.), Huawei Technologies Co. Ltd., Sony Middle East & Africa (Sony Corporation), Lenovo Group Limited, Amazfit (Huami Corporation), LG Electronics Inc., Fossil Group Inc., Others

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