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Why is the Smartwatch Market Bouncing Back with Huge Users?

In this article you will learn about the smartwatch sales statistics in 2020 and market growth. You will also find out what makes the smartwatch bounce back into popularity and demand.

By QwikFonePublished 2 years ago 7 min read
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Smartwatches are like smartphones in the form of a wristwatch. These devices contain some of the same functions you can find on mobile phones. It means that those who use mobile phones wouldn't have a hard time learning how to navigate through the services offered by the smartwatch.

People once dismissed smartwatches as a fad. That's because of people's lack of awareness about their utility and technology used during its first introduction. Their complexity is another reason.

However, they are not more popular than ever because of their connectivity, convenience, and "smart" features. What's more, people can use these devices like fitness trackers.

According to fitness trackers and smartwatch sales statistics 2020 by CCS Insight, there is a reported 22 percent growth in their unit sales, with 193 million units sold. The CCS Insight report also showed that more people, at around 60 percent, prefer smartwatches sold by popular brands such as Apple, Samsung, Fitbit, Garmin, and Amazfit. The 40 percent, on the other hand, want the plain and cheaper fitness bands.

Experts expect the smartwatch market growth trend to continue in 2021 and the years after. Experts also predicted that more than 1.2 billion smartwatches will be in use by the end of 2025. They expect the yearly sales to approach 400 million units in the year as well.

Smartwatches are like smartphones in the form of a wristwatch. (Photo credit: media.newyorker.com)

What drives the growth of the smartwatch market?

With the ongoing pandemic, everyone already expects that more and more individuals are starting to be health-conscious. More people jog or exercise to keep themselves healthy and reach their fitness goals.

Consumers worldwide are spending a lot on devices that monitor their health and fitness. The increase in health awareness is what drives the market of smartwatches.

In addition to that, the continuous technological advancements also contribute to the constant smartwatch market growth. As for which smartwatch brand is on the lead, Apple remains the leading global brand in smartwatches.

Another thing that drives the smartwatch market growth is the increase in the demand for wireless sports and fitness devices. The group of people who often use smartwatches is the cyclers, runners, swimmers, athletes, and gym-goers.

What makes smartwatches the wearable of their choice compared to fitness trackers? It is because smartwatches come with a wide range of monitoring capabilities and wireless synchronization.

With smartwatches, you can control and listen to music while doing your runs or workouts, have quick access to your notifications, receive incoming calls and reply to text messages, set up alarms and reminders, track your heart rate and sleep, among others.

What are the best smartwatches you can buy today?

Smartwatches offer several health benefits that you could usually get from fitness trackers. These devices motivate health and fitness enthusiasts to remain physically fit and active.

Are you interested in going out shopping for your favored smartwatch? The following are the best smartwatches you might want to consider looking into while shopping for a wearable to use:

  • Apple Watch SE. Referred to as the Apple Watch that can do almost everything that a smartwatch can, but for a much lower price point. It is the best smartwatch your money can buy right now, due to it being the affordable model among the watches Apple has released. But keep in mind that you can only use this smartwatch with an iPhone. The Apple Watch SE comes with top-end specs, as well as a high-end design. You will have a wide range of features, some of which you cannot find in other smartwatches.
  • Samsung Galaxy Watch 4. Samsung returned to the Wear OS for this smartwatch. With the Samsung Galaxy Watch 4, you will get the functionality and apps of Wear OS. It also has the look and feel of Tizen. This wearable has superb performance, has a comfortable fit, and a lightweight build. The Samsung Galaxy Watch 4, with its new body composition measurement tools, is perfect for those who are looking for a device that can track their health and fitness.
  • Apple Watch 6. For those willing to spend, you might want to consider taking a look at this top-tier smartwatch. The Apple Watch 6 comes with new features, including blood oxygen monitoring and an upgraded chipset. But the thing is, this Apple Watch has a similar screen and design as the Apple Watch 5.
  • Fitbit Versa 3. If you are more into fitness tracking, then the Fitbit Versa 3 is the right choice for you. This smartwatch comes with a built-in GPS. Its design makes the wearable comfortable to wear on your skin, and the display is easy to view.
  • Samsung Galaxy Watch 3. The Samsung Galaxy Watch 3 is already an impressive smartwatch for Android users. But what makes this device even more astounding is the fact that it works with the iPhone too. The Samsung Galaxy Watch 3 features a rotating bezel, making navigating around the smartwatch easier and fun. While the apps available on this smartwatch are more limited, they still offer the core basics.
  • Fitbit Versa Lite. This device is the more affordable version of the Fitbit Versa, with some of its features dropped. The Fitbit Versa Lite comes with a good range of fitness features, a battery that will last a good few days, and a body that is a bit small and light. This device will fit on your wrist easily without you noticing.
  • Samsung Galaxy Watch Active 2. The Samsung Galaxy Watch Active 2 comes with a 1.2-inch 360 x 360 display, both of them bright and stunning. It is also small enough for you to strap it around your wrist. The Samsung Galaxy Watch Active 2 also comes with all of the top-end fitness features you would expect from Samsung's Tizen watch range. This smartwatch also has 38 workout modes, a heart rate, and an ECG sensor. It also has health apps with stress and sleep monitoring.
  • Honor Magic Watch 2. If you are the type of person who exercises regularly but doesn't want a dedicated sport to watch, you might want to check out the Honor Magic Watch 2. This smartwatch comes with a set of fitness features that track a range of sports with detailed information. The Honor Magic Watch 2 gives you helpful workout advice and feedback for certain activities. Moreover, it can last for a long time without you needing to charge it. Depending on which version you buy, the Honor Magic Watch 2 can last up to a week or two weeks.

Where to buy your refurbished smartwatch?

There's no denying that some smartwatches can be expensive. If you are looking for a way to save money and at the same time own a wearable, you might want to consider purchasing a refurbished smartwatch.

Phone experts recommend that you shop from a reputable refurbished store. The following are some places that sell refurbished smart watch devices that you might want to check out.

  • Apple Refurb Store. If you want a refurbished Apple Watch, you will be glad to know the manufacturer itself sells these devices. The tech giant sells these refurbished Apple Watches through its Certified Refurbished program. You can expect that the device you bought is of the best quality, which has been thoroughly cleaned and tested by Apple. Apple assures you that its testing includes hardware and software tests. The device you get also comes with the latest accessories, cables, and operating systems, as well as Apple's free, one-year limited warranty.
  • QwikFone. QwikFone doesn't only have a wide range of refurbished phones. This reliable retailer also offers refurbished smartwatch devices. The refurbished smartwatch you chose comes with a 12-month warranty that offers free repair services from QwikFone specialists for the first year after your purchase. The device also comes with a 30-day money-back guarantee, a free shipping option, and the opportunity to pay in monthly installments using PayPal credit. If you are interested to know more about what QwikFone has to offer, you only need to visit this website: https://qwikfone.com/collections/refurbished-apple-watch.
  • Declutter. Declutter has a Certified Refurbished program that makes sure that the refurbished smartwatch you purchased is in good working condition. You see, the device goes through an extensive in-house refurbishment process. It ensures that the quality of the device is good. The wearable comes with the retailer's 12-month limited warranty, including a warranty over technical defects and faults and free standard shipping, with the expected delivery within two to four business days.

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About the Creator

QwikFone

QwikFone is one of the first companies to provide 360° mobile solutions in the UK market. QwikFone developed 3 business lines:

1- Mobile repair center

2- Mobile spare parts supply services

3- Pristine refurbished mobile phones

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