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Kids Smartwatch Market Share

Report ID: GMI9944
Published Date: Jun 2024
Report Format: PDF

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Kids Smartwatch Market Share

Kids Smartwatch Market Company Share Analysis, (2023)

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Key players involve in the kids smartwatch industry are Apple, Fitbit Inc., Garmin Ltd., Pebble, and Xplora accounting market share of 25-30% in 2023. Manufacturers stand to differentiate their product lines apart by providing distinctive features and advancements. This includes GPS tracking, two-way calling, fitness monitoring, educational apps, gaming, camera capabilities, and parental controls. Continuous innovation in hardware and software is critical for remaining competitive and addressing consumers' shifting requirements and preferences. Established brands with widespread recognition and reputation have a competitive edge in the market. Consumers frequently prefer well-known companies and prefer their products over lesser-known brands. Manufacturers use branding, marketing, and advertising to increase brand awareness and loyalty, resulting in a competitive advantage.

Kids Smartwatch Market Companies

Major companies operating in the market include:

Apple
Contixo
Fitbit Inc
Garmin Ltd.
Huawei Technologies Co., Ltd.
Neptune Computer Inc
Omate Inc.
Pebble
Precise Innovation, LLC.
Starmax Technology
Tencent Holdings Ltd.
Tinitell AB
VTech Holdings Ltd.
Xiaomi Global Community
Xplora

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industry size for kids smartwatch was worth USD 10.4 billion in 2023 and is projected to expand at 8.6% CAGR from 2024 to 2032, owing to the increasing awareness among parents about its benefits.

The integrated type segment in the kids smartwatch industry accounted for USD 7 billion in 2023 and is estimated to depict robust CAGR between 2024 and 2032, as they offer real-time location tracking, two-way calling, and messaging capabilities.

The screen size ranges from 33.0 to 34.9 mm segment in the kids smartwatch industry recorded USD 4.1 billion in 2023, due to their appropriate balance between compactness and display sharpness.

North America market size recorded USD 3.9 billion in 2023 and is estimated to expand from 2024 to 2032, led by the technical improvements, increased awareness about child safety, and growing interest for smartwatches among children and parents.