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Kids Smartwatch Market Trends

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

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Kids Smartwatch Market Trends

Smartwatches are becoming increasingly outfitted with advanced health monitoring sensors and functionalities, such as heart rate monitoring, blood oxygen saturation (SpO2) measuring, sleep tracking, and stress management. These functionalities enable users to better monitor their health parameters and make educated lifestyle decisions.

Additionally, smartwatches are rapidly implementing contactless payment features, allowing consumers to pay conveniently and securely using their gadgets. With built-in NFC (Near Field Communication) technology, customers can store payment information and use their smartwatches to make purchases at authorized stores, removing the need to carry conventional wallets or cards.

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.