Hybrid Designs to Account for Most of Smartwatch Market by 2022 as GPS Gains on NFC, Says Juniper
Hybrid smartwatches, such as Fossil Q and Nokia Steel, will comprise more than half the smartwatch market in 2022, Juniper Research reported of the 80 million such devices to ship by then, up 460 percent from last year. Digital display…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
smartwatches such as the Apple Watch are projected to jump 160 percent. Slowing growth for digital display smartwatches has driven manufacturers including Motorola, Huawei and Sony to leave, the researcher said Tuesday. Remaining makers are pivoting toward specific uses, said analyst James Moar. GPS is expected to be in nearly half of all smartwatches by 2022 as penetration of near-field communications will be minor because NFC is "locked into specific ecosystems."