15 reports

  • 9.6 COMPETITIVE SITUATIONS AND TRENDS

The design ensures to attain consistency and balance of a well-crafted luxury watch with minimal features, yet elegant style of many iconic timepieces.

  • Application
  • Augmented Reality
  • Consumer Electronics
  • Medical Robot
  • Virtual Reality

However, in the luxury watch or handbag segment there are a very large number of buyers, dissipating buyer power.

  • Fragrance
  • Chanel SA
  • Compagnie Financière Richemont SA
  • Kering SA
  • LVMH Moet Hennessy Louis Vuitton SA

For example, in 2016, Google, Intel, and Tag Heuer launched a luxury watch for approximately $##, ##.

  • Consumer Electronics
  • World
  • Fitbit, Inc.
  • Garmin Ltd.
  • Samsung Electronics Co., Ltd.
  • CATEGORY DATA

A greater variety of designs are also emerging, with luxury watch producers such as TAG Heuer, Diesel and Hermès having established their positions in the luxury segment of smart watches.

  • Consumer Electronics
  • Television Set
  • China
  • Demand
  • Samsung Electronics Co., Ltd.

It has one of the largest international networks of dutyfree and luxury, travel essentials, and food service stores.

  • Consumer Electronics
  • Fragrance
  • World
  • Market Size
  • Dufry AG

Luxury watch brand Omega charges a premium for its mechanical watches, and has also entered the wearables market.

  • Computer
  • Consumer Electronics
  • World
  • Demand
  • Samsung Electronics Co., Ltd.

However, in the luxury watch or handbag segment there are a very large number of buyers and so buyer power is dissipated.

  • Fragrance
  • Germany
  • Compagnie Financière Richemont SA
  • HUGO BOSS AG
  • Kering SA
  • COMPETITIVE LANDSCAPE

Global high-end and luxury watch brands such as Fossil, Michael Kors, Tag Heuer and Montblanc are showing increasing interest in wearable electronics.

  • Consumer Electronics
  • Home Audio
  • Taiwan
  • Demand
  • Samsung Electronics Co., Ltd.

## Smart Wearables vs Watches: 2019-2024 The luxury watch market has a totally different value proposition to regular watches.

  • Consumer Electronics
  • Watch
  • China
  • Demand
  • Xiaomi Corp

Apple pushed Apple Pay as one of Apple Watch' s differentiators.

  • Consumer Electronics
  • Demand
  • Fitbit, Inc.
  • Samsung Electronics Co., Ltd.
  • Xiaomi Corp
  • Growth driven by product substitution and new product innovations

Global high-end and luxury watch brands such as Fossil, Michael Kors and Tag Heuer are showing interest with the launch of their wearables, which is a fashion accessory catered for the higherincome consumers.

  • Consumer Electronics
  • China
  • Demand
  • Huawei Technologies Co., Ltd.
  • Samsung Electronics Co., Ltd.

In 1977, HP has introduced one of the first kind of calculator watch HP-## since, then in last four decade wearable technology has developed a lot.

  • Consumer Electronics
  • World
  • Forecast
  • Fitbit, Inc.
  • Garmin Ltd.
  • Sales of Apparel by Category 2015-2020

Most wearables are priced competitively and significantly lower than luxury watches.

  • Consumer Electronics
  • Watch
  • Wearables
  • World
  • Demand
  • Fragrances and cosmetics market in US 2014-2019 ($ billions)

Luxury watch brand Rolex is associated with Formula One, golf, and tennis.

  • Consumer Electronics
  • Fragrance
  • United States
  • Christian Dior SA
  • Estee Lauder Companies Inc.
  • SMARTWATCHES SEGMENT IS EXPECTED TO WITNESS HIGHER GROWTH RATE IN COMPARISON TO AUGMENTED REALITY DEVICES SEGMENT
  • EXECUTIVE SUMMARY

For instance, in February 2015, the company introduced its first all-metal luxury Android Wear device, LG Watch Urbane at Mobile World Congress (MWC), 2015.

  • Consumer Electronics
  • Wearables
  • World
  • Market Size
  • Samsung Electronics Co., Ltd.