North America, Asia-Pacific and Europe China and India in the smartwatch market
While at its nascent stage, the smartwatch stimulates multiple appetites.
According to Research and Markets, North America dominates the smartwatch
market driven by higher penetration of fitness tracker devices amongst tech
savvy citizens in the region.
North is followed by Asia-Pacific
and Europe as second and third largest market for the smart watch market.
Asia Pacific is projected to have the fastest growth, owing to rapidly
expanding and growing popularity of fitness devices amongst its younger
generations and increasing spending on such smart gadgets, in developing
nations such as China and India in this region.