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Music Streaming Watches Market Share

  • Report ID: GMI10228
  • Published Date: Jul 2024
  • Report Format: PDF

Music Streaming Watches Market Share

Spotify and Apple Podcasts hold a share of over xx% in the music streaming watches industry. Apple Inc. Has leveraged its ecosystem of services and products to combine track streaming talents into its Apple Watch. With seamless connectivity to Apple Music, customers can access a tremendous library of songs, playlists, and podcasts directly from their wrists. The Apple Watch additionally supports offline playback, allowing customers to enjoy their favorite tracks with no need to be related to their iPhones. This integration enhances the user experience, making it convenient for fitness fanatics and music enthusiasts to experience amazing audio at the pass.
 

Samsung Electronics has additionally made full-size strides in the track streaming watches enterprise. The employer's Galaxy Watch collection gives compatibility with numerous song streaming offerings, together with Spotify, one of the international's main track structures. Samsung's smartwatches provide customers with the capacity to movement tune, down load playlists for offline listening, and manipulate playback at once from their wrists.
 

Additionally, Samsung has focused on handing over robust audio first-class and features which include integrated storage and Bluetooth connectivity, making sure that customers have a complete track revel in while at the circulate. These improvements have placed Samsung as a key competitor in the growing market for song streaming watches.
 

Music Streaming Watches Market Companies

Major players operating in the music streaming watches industry are:

  • Apple Inc.
  • Samsung Electronics
  • Garmin Ltd.
  • Fitbit Inc.
  • Huawei Technologies Co., Ltd.
  • Fossil Group, Inc.
  • Amazfit
     
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of music streaming watches reached USD 39.6 billion in 2023 and will expand at 15% CAGR between 2024 and 2032, propelled by rising consumer demand for portable and convenient music access, advancements in wearable technology, and increasing internet penetration.

Music streaming watches industry from the online segment will garner 20% CAGR through 2032, due to the ability to compare products, read reviews, and benefit from promotional offers along with the increasing popularity of e-commerce platforms and digital retail channels.

North America market held 11% share in 2023, owing to the robust internet connectivity, high disposable income and the strong inclination toward fitness and lifestyle gadgets.

Some of the leading industry players include Apple Inc., Samsung Electronics, Garmin Ltd., Fitbit Inc., Huawei Technologies Co., Ltd., Fossil Group, Inc., and Amazfit, among others.

Music Streaming Watches Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 293
  • Countries covered: 21
  • Pages: 250
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