Watches Market Size Worth $117.8 Billion by 2025 | CAGR: 13.0%: Grand View Research, Inc.

Read 80 page research report with TOC on "Watches Market Size, Share & Trends Analysis Report By Product (Smart, Fitness), By Distribution Channel (Hypermarket/Supermarket, Online), By Operation, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/watches-market Read 80 page research report with TOC on "Watches Market Size, Share & Trends Analysis Report By Product (Smart, Fitness), By Distribution Channel (Hypermarket/Supermarket, Online), By...

SAN FRANCISCO, 10/07/2019 (informazione.news - comunicati stampa - varie)

Asia Pacific is expected to expand at a CAGR of 13.9% from 2019 to 2025. Improvement in economic indicators including increasing disposable income and urbanization in the countries including China , India , and Malaysia is projected to upscale the requirement of watches. Furthermore, increasing number of supermarkets in these countries in light of favorable government policies for promoting investments in the manufacturing and retail sectors on a domestic level is expected to ensure the product's access in the near future.

The industry is growing rapidly as the vast features offered by these products is attracting more customers. Features including GPS, distance tracker, health tracker, speakers, and Bluetooth connectivity are giving smart watches an upper hand in terms of preference among the customers. The majority of watches are available in the form of quartz product types. In October 2017 , Tag Heuer announced its partnership with Enjoy, a startup company by Ron Johnson that specializes in custom tailored and home delivery watches called Personal Atelier.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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