Report ID: SQMIG20D2215
Report ID:
SQMIG20D2215 |
Region:
Global |
Published Date: April, 2024
Pages:
202
|
Tables:
87 |
Figures:
76
Global Kids Smartwatch Market size was valued at USD 800 Million in 2022 and is poised to grow from USD 900 Million to USD 3520 Million by 2031, at a CAGR of 18.6% during the forecast period (2024-2031).
The Kids Smartwatch market is mainly expanding due to the general increase in health consciousness. Based on their health factors, people use smartwatches to take timely actions. This technology facilitates healthcare professionals in remotely monitoring their patient's well-being and providing appropriate treatment without the necessity of physical examinations. Parents who use digital tools such as smartwatches can keep a vigilant track of their Children's health status. These smartwatches come equipped with health and fitness monitors, enabling parents to monitor their children's glucose and blood pressure levels before and after physical activities, and during visits to different locations on the school campus. This rise in health awareness among consumers is driving the expansion of the kids' smartwatch market.
Many wearable devices are compact yet capable of storing large amounts of data. However, their small size makes them susceptible to being misplaced. Smartwatches often utilize GPS navigation systems to provide location-based information, which may require users to disclose their whereabouts. Despite legal safeguards, concerns about data privacy persist as network operators have access to subscriber location data. This privacy issue could impede the growth of the kids' smartwatch market. Today, people are increasingly health-conscious and diligently monitor their well-being. The heightened focus on health and well-being has contributed to increased shipments of wellness trackers, as people prioritize their health in the face of rising stress levels. This is expected to create numerous opportunities for market players in the years ahead.
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Report ID: SQMIG20D2215