Kids Smartwatch Market Size, Global Key Leaders Analysis, Segmentation, Demand, Future Trends, Gross Margin, Impact Of covide 19 on Emerging Technology and Forecast 2027

Research Reports

Jan 12, 2022

Market Overview

The advancement in the digital world is upbringing various smart technologies. People are even getting influenced by smart technology enjoying the benefits and features. Smartwatches have numerous features, and they can monitor the body’s normal function by tracking heartbeat, pulse, temperature, etc. It can even be connected to mobile phones to get notifications, and it is even helpful to track and monitor. These features have illustrated the invention of the smartwatch for kids. Therefore, it has led to the growth of the Kids Smartwatch Market.

Smartwatches can be used for kids’ safety; the availability of smart notification features in kids’ smartwatches will help parents track their kids when they are away from them. Parents prefer smartwatches for kids when the kids start going to school and playgrounds.

Various growth factors contribute to boosting the growth value of the Kids Smartwatch Market. It includes various features such as health rate monitors, health and fitness tracker, mood tracker, GPS tracker, and sleep monitoring that keep parents notified regarding their kid’s activities. Other primary growth factors are the increase in the development of the economy, increased support of parents towards the child, advanced features such as alarm notifications, calls, and messages, emergency button feature which sends parents the location, and other improved user experience. Besides these factors, the great demand for kids’ smartwatch phones and smartwatches with gaming and calling features enhances the market. GPS enabled in kid’s smartwatches are accelerating the sales of the product.

The Kids Smartwatch market is estimated to witness a CAGR of 14.76 ?GR and projected to attain a value of USD 1,002.4 Million during the forecast period.

Kids Smartwatch Market

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Key Players

Prominent players profiled in the global kids smartwatches market report include TickTalk (US), SIBYL WORLD SDN BHD (China), KD Group (Spain), Franciscan Solutions Private Limited (India), Omate Inc. (China), Shenzhen Continental Wireless Co., Ltd (China), JOY FamilyTech, Inc. (California), Doki Technologies (Hong Kong), Garmin Ltd (Switzerland), VTech Holdings Limited (Hong Kong), Huawei Technologies Co. Ltd (China), and Fitbit, Inc. (US), among others.

Market segmentation

The Kids Smartwatch Market is fragmented based on product type and application segment. The market is sub-segmented into the smart and functional types based on the type segment. Between these, the smart type segment is considered the leading segment of the market. The Kids Smartwatch market is divided into standalone and integrated with the product type segment—the integrated segment to dominate the market share during the forecast period. The application section comprises 7-12 years and 0-6 years. 7-12 years segment will maintain rapid growth because the product is mostly preferred for this age group.

Regional Analysis

According to the geographical status, the Kids Smartwatch Market covers various regions worldwide, such as North America, Europe, the Asia Pacific, Central and South America, & the Middle East and Africa. Among these regions, the Asia Pacific region holds the largest share of the market. China is the reason behind accelerating the Asia Pacific region due to its gadget consumption nature, increased adoption of new technologies, accessibility of local brands, and other factors that are propelling the market of this region. The North American region to show healthy growth rate due to high disposable income of consumers, new product launching, and the increasing cases of child kidnappings and missing are promoting the growth of the global Kids Smartwatch Market.

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