.jpg "Cool Android smartwatches you won’t want to miss in 2022")
Table of Contents
Android smartwatch market forecast beyond 2022
Best Smartwatches for Android Phone Users
Final Thought
Do you sell Android phones and are you considering expanding your stock range to Android smartwatches? This could be a great business idea. Why?
Smartwatches have been in demand in recent years as wearable fitness technology to help track important biodata. A survey by Rock Health on digital health adoption showed that ownership of smartwatch wearable devices grew to 33% in 2018 from 24% in 2017. Although smartwatch devices are largely preferred by younger people, some studies estimate that demand will grow to over 98 million among older adults in the US by 2060 from 46 million in 2016. Older adults need wearable devices to improve their health and improve their quality of life, helping clinicians respond to their needs.
Android smartwatch market forecast beyond 2022
Figures from the World Bank indicate that 4.352 billion people live in urban areas by 2020, representing 56.15% of the global population. The urban population is projected to grow to more than two-thirds of the world population by 2050, thus providing an ideal market for smartwatches. These watches are helping people track their daily activities, monitor sleep quality, and get reminders to complete tasks or take medication.
Statistics show that the Android smartwatch market will continue to grow. For instance, the global smartwatch market indicates that smartwatch production is expected to exceed 230 million units by 2026, registering a 21.98 CAGR for the period 2021-2026. The Consumer Technology Association forecasts that the demand for smartwatches will grow by 8% due to fashion-conscious and tech-savvy consumers.
Best Smartwatches for Android Phone Users
The above statistics show that getting into the smartwatch business can be a good option for your business. Here are some smartwatches that are likely to increase in demand.
