15 Dec
2021
Apart from allowing users to make and receive calls, smart watches are also popular as activity trackers, and are becoming highly preferred among parents across the world.
Smartwatches can be defined as highly convenientand portable mobile devices in the form of watches. When the early prototypes were only known for executing elementary tasks such as translation, calculations, and games, the modern counterparts are known for providing local touchscreen edges for daily use.
According to Allied Market Research, the global kidssmartwatch market is projected to register a considerable CAGR from 2021 to 2030. In the last few years, there’s been a significant rise in health awareness among individualsand using smartwatches to take the essential steps in terms of health parameters has just turned out to be a new fad. Medical practitioners can now easily track the health status of their patients and offer the right treatment. Parents in the developed as well as developing countrieshave also started taking recourse to smartwatches to keep a better health track of their little ones.
However, despite their small sizes, most of the smart watches available in the market are capable of retaining a lot of data. And, as their small sizes make them quite prone to get misplaced,the majority of its type come up with GPS navigation systems to help the users with location-based information.
Manufacturers of kids smart watches are relentlesslycapitalizing in several R&D activities. This, in turn, has amplified the number of product launches, which has driven the market growth in more than one way. At the same time, high-end technological advancements have made people inclined toward smart devices for their kids as well. This factor has been hugely beneficial for the growth of the market.COVID-19 scenario-
Here, it’s worth mentioning that the outbreak of COVID-19 led to huge disruptions in the supply chain; also, the shutdown of stores in the majority of countries impacted the global kids smart watch market negatively, especially during the initial phase. Even the significant shifts in consumer behavior gave way to a steep decline in demand for the products. However, as the global situation is now getting better and the market players have started incorporating innovative strategies to recuperate the losses, the market is projected to revive soon. Also, it’s expected that the demand for kids smart watches would come back to normalcy in the coming years.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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