North America Wrist Watches Market (2020-2026) | Forecast, Analysis, Size, Value, Outlook, Growth, Revenue, Trends, Companies, COVID-19 IMPACT, Share & Industry

North America Wrist Watches Market is a very flourishing market with the greatest number of sales in this region. The major reason behind it is an increase in penetration of smartphones among the population and also the increased purchasing power of the consumers. The rise in the market value can be attributed to the growing levels of innovative marketing through online channels which have affected the thinking and preferences of consumers. Going further, rising innovations and advancements resulting in a combination of traditional style and modern technology together are drivers for the market growth. Following this, consumers are becoming more advanced, health-conscious, and technology-friendly. This causes smartwatch space to remain a popular consumer device segment.

According to 6Wresearch, North America Wrist Watches Market size is anticipated to witness substantial growth during 2020-26. In addition to this, wrist watches started receiving a lot of crowd attention in the market and have increased a lot more than imagined, given the convenience and the flexible functionality of smartwatches. They are becoming popular for providing hands-free control and access to data anywhere at any time of day. Apart from this, biometric function, GPS and mapping capability are also few features driving sales. North America has confirmed as the fastest market in the world for Swiss watches following Hong Kong to be nipped at second and India on third. Also, North American smartwatch market grew at a rapid pace, while China is the number one market in terms of sales. The biggest winners were Apple with the Apple watch series and Samsung with the Galaxy watch series. Fitbit remained in second place, showing a modest rise in annual growth. Furthermore, Apple and Samsung remaining market leaders, there we have new players such as Asus, Motorola, Tag Heuer, Alpina, Xiaomi and many more, growing rapidly and has registered a good number of sales.

Based on the product type, North America Wrist Watches Market is categorized into Sports, Luxury, Water-resistant, Diamond, Quartz, Mechanical and Smart watch. Further, based on application, the market is bifurcated into daily use, collection and others.

North America Wrist Watches market report thoroughly covers the market by product type, application key countries including the United States and Canada. North America Wrist Watches outlook report provides an unbiased and detailed analysis of the on-going North America wrist watches market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

 Key Highlights

• North America Wrist Watches Market Outlook
• North America Wrist Watches Market Overview
• North America Wrist Watches Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of North America Wrist Watches Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for United States Wrist Watches Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Canada Wrist Watches Market
• Market Drivers and Restraints
• North America Wrist Watches Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Wrist Watches Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Application:
• Daily Use
• Collection
• Others
• By Product Type:
• Diamond Watches
• Sports Watches
• Smartwatch
• Luxury Watches
• Mechanical Watches
• Quartz Watches
• Water Resistant Watches
• Others
• By Countries:
• United States
• Canada