Kids’ Smartwatch Market size worth US$5,775.314 million by 2028

kids’ smartwatch market

Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market the “Kids’ Smartwatch – which is forecasted from 2023 to 2028”.

The kids’ smartwatch market is estimated to reach a market size worth US$5,775.314 million by 2028.

The prime factor driving the kids’ smartwatch market growth is the expansion of the ecosystem and app development for kids’ smartwatches.

As per the report, it is anticipated that the kids’ smartwatch market will grow constantly.

The market for Kids’ Smartwatches has grown significantly in recent years, owing to increased awareness about child safety and the growing use of wearable technology among children. These smartwatches provide a variety of kid-friendly functions, including as GPS tracking, two-way communication, activity monitoring, and educational games. The industry is projected to grow more as technology advances and parents’ disposable money rises. The convenience, peace of mind, and greater safety that these smartwatches provide are appealing to parents, making them a popular market alternative. Several main reasons have contributed to the tremendous rise of the kids’ smartwatch market in recent years. The increasing acceptance of smartwatches for children has been impacted by the increasing prevalence of smartphones and the growing desire for wearable technology among adults. Parents are frequently motivated to offer such electronic equipment to their children in order to keep connected and check their well-being. Concerns about kid safety and security have played a significant part in the expansion of the kids’ smartwatch industry. The Smart Vital Junior smartwatch for children was introduced by GOQii in June, 2021. The watch would help in the real-time monitoring of blood oxygen levels, heart rate, and temperature in youngsters. Smartwatches with GPS tracking capabilities enable parents to monitor their children’s locations and assure their safety. This function is quite popular among parents since it provides them with peace of mind and real-time monitoring capabilities. Furthermore, the inclusion of educational and interactive functions in kids’ smartwatches has supported market development. Many smartwatches are built with educational information, games, and learning activities in mind, making them interesting to both parents and children. These qualities encourage cognitive growth and constructive kid engagement. Additionally, Huawei officially introduced the Huawei Watch 4X New Shinning, a new model in the existing children’s wristwatch line, in May 2021, during the product presentation conference in China. The gadget is 53 x 45.7 x 14.7 mm, weighs 59.4 grams, and has a 1.41-inch AMOLED touch display with a resolution of 320 x 360p. It also sports a 5MP front-facing camera and an 8MP side-facing camera.

The kids’ smartwatch market has been categorized based on product type, compatibility, distribution channel, application, and geography. The market has been segmented based on product type into standalone and non-standalone. Application is further classified into individual use, school, and kids training organization.

By region, the Asia Pacific region dominates the kids’ smartwatch industry, accounting for more than half of the worldwide market share. This is attributable to a variety of variables such as the region’s vast population, rising disposable income, and increased awareness of kid safety. China is the Asia Pacific region’s largest market for kids’ smartwatches, followed by India, Japan, and South Korea. North America and Europe are two other prominent areas in the kids’ smartwatch industry. North America is the second-largest market for children’s smartwatches, after only Europe. According to Ericsson, by 2022, over a third of North America’s smartphone base, or around 100 million customers, will be 5G-enabled. The commercial potential for self-contained smartwatches that do not rely on smartphone connectivity is considerable. These areas have high levels of disposable income and a significant desire for new items.

As a part of the report, the key companies operating in the kids’ smartwatch market that have been covered are LG Electronics, Vtech Holdings, Huawei Technologies, Omate, Xiaomi Corporation, Xplora, Garmin Ltd., Kurio (KD Group), Verizon.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/kids-smartwatch-market

This analytics report segments the kids’ smartwatch market on the following basis

  • By Product Type
    • Non-Standalone
    • Standalone
  • By Compatibility
    • IOS
    • Android
  • By Application
    • Individual Use
    • School
    • Kids Training Organization
  • By Distribution Channel
    • Online
    • Offline
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Thailand
      • South Korea
      • Taiwan
      • Indonesia
      • Others