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Kids Smartwatch Market 2025 | Latest Update, Trends & International News In One Place - Check Out Now

January 6, 2020 by Market-NewsFlash  

Global Kids Smartwatch Market Research Report: by Type (Functional Type and Smart Type), by Product (Integrated and Standalone), by Application (7–12 Years Old and 0–6 Years Old), by Region (North America, Europe, Asia-Pacific, Middle East & Africa and Central & South America) — Forecast till 2025

Overview

The Global Kids’ Smartwatch Market is expected to reach USD 1,002.4 Million by 2025 at a CAGR of 14.76% during the forecast period. Market Research Future (MRFR) in its report envelops segmentations and drivers to provide a better glimpse of the market in the coming years.

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The market for wearables of children exhibits high potential in the Middle East in the coming years, which is expected to impact the kids smartwatch market positively. The region is exhibiting high awareness regarding the fitness and safety of children, which is encouraging the adoption of kids’ smartwatches. As these smartwatches have various features such as task monitor, GPS tracker, health and fitness tracker, consumers are more readily adopting such products. The watch also consists of GPS for location tracking and can be connected via Wi-Fi. The smartwatch comes with an inbuilt companion app which can be used by parents to set the location for home and school, get notifications regarding the whereabouts accordingly.

Competitive Analysis

The key players of the global Kids’ Smartwatch market are Fitbit, Inc. (US), Huawei Technologies Co. Ltd (China), VTech Holdings Limited (Hong Kong), Garmin Ltd (Switzerland), Doki Technologies (Hong Kong), JOY FamilyTech, Inc. (California), Shenzhen Continental Wireless Co., Ltd (China), Omate Inc. (China), Franciscan Solutions Private Limited (India), KD Group (Spain), SIBYL WORLD SDN BHD (China), TickTalk (US), among others.

  • In July 2019, Doki Technologies launched DokiPal — a 4G LTE smartwatch for kids featuring AI voice assistant, video calling, and location tracking. The watch is water-resistant and includes a fitness tracking leaderboard. It is also compatible with iOS and Android devices to enable parents to communicate with their kids and track their activities remotely.
  • In January 2019, JOY partnered with Pfizer Mexico to distribute the Octopus Watch, to children in Mexico living with chronic health conditions such as growth hormone deficiency (GHD). The watch is capable of alerting patients to take daily medications in an interactive way.
  • In May 2019, Abardeen launched a 3-in-1 Modular Gizmo for kids — Novus. The wearable device is a combination of phone, smartwatch, and home assistant to allow children to safely use the Internet and stay connected with their parents.
  • In November 2018, JOY Familytech Inc. developed an AI-powered coaching platform — the Octopus Watch Motion Edition Combo — to encourage healthy habits and motivates kids to stay active with its new fitness tracker.

Segmental Analysis

The global kids’ smartwatch market has been segmented based on type, product, application, and region.

Based on type, the market has been classified as functional type and smart type. The functional type segment accounted for the larger market share of in 2018, with a market value of USD 218.5 million; it is expected to register the higher CAGR during the forecast period

Based on product, the market has been segmented into integrated and standalone. The integrated segment accounted for the larger market share in 2018, with a market value of USD 221.0 million; it is expected to register the higher CAGR during the forecast period.

Based on application, the market has been segmented 7–12 Years Old and 0–6 Years Old. The 7–12 years old segment accounted for the larger market share in 2018, with a market value of USD 248.2 million; it is expected to register the higher CAGR during the forecast period

Segmentation

  • By Type: Functional Type and Smart Type
  • By Product: Integrated and Standalone
  • By Application: 7–12 Years Old and 0–6 Years Old
  • By Region: North America, Asia-Pacific, Europe, and Middle East and Africa, and Central and South America

Access Report Details @ https://www.marketresearchfuture.com/reports/kids-smartwatch-market-8309

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