- Other Apps
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.