Brazil Smartwatch Market Size & Outlook, 2022-2030

The smartwatch market in Brazil is expected to reach a projected revenue of US$ 218.6 million by 2030. A compound annual growth rate of 4.4% is expected of Brazil smartwatch market from 2023 to 2030.
Revenue, 2022 (US$M)
$154.9
Forecast, 2030 (US$M)
$218.6
CAGR, 2023 - 2030
4.4%
Report Coverage
Brazil

Brazil smartwatch market highlights

  • The Brazil smartwatch market generated a revenue of USD 154.9 million in 2022 and is expected to reach USD 218.6 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
  • In terms of segment, above 1000 usd was the largest revenue generating price in 2022.
  • 0-99 USD is the most lucrative price segment registering the fastest growth during the forecast period.


Smartwatch market data book summary

Market revenue in 2022USD 154.9 million
Market revenue in 2030USD 218.6 million
Growth rate4.4% (CAGR from 2022 to 2030)
Largest segmentAbove 1000 usd
Fastest growing segment0-99 USD
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation0-99 USD, 100-199 USD, 200-299 USD, 300-399 USD, 400-699 USD, 700-999 USD, Above 1000 USD
Key market players worldwideAnalog Devices Inc, ARM Holdings PLC ADR, Microchip Technology Inc, Broadcom Inc, Intel Corp, Silicon Laboratories Inc, Qualcomm Inc, Nordic Semiconductor ASA, Huawei Technologies, Ingenic Semiconductor


Other key industry trends

  • In terms of revenue, Brazil accounted for 0.4% of the global smartwatch market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico smartwatch market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 473.9 million by 2030.

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Smartwatch Market Companies

Name Profile # Employees HQ Website

Brazil smartwatch market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smartwatch market will help companies and investors design strategic landscapes.


Above 1000 usd was the largest segment with a revenue share of 29.24% in 2022. Horizon Databook has segmented the Brazil smartwatch market based on 0-99 usd, 100-199 usd, 200-299 usd, 300-399 usd, 400-699 usd, 700-999 usd, above 1000 usd covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil smartwatch market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smartwatch market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil smartwatch market size, by price, 2018-2030 (US$M)

Brazil Smartwatch Market Outlook Share, 2022 & 2030 (US$M)

Brazil smartwatch market size, by price, 2018-2030 (US$M)

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