Canada Smartwatch Market Size & Outlook, 2022-2030

The smartwatch market in Canada is expected to reach a projected revenue of US$ 1,806.6 million by 2030. A compound annual growth rate of 8.2% is expected of Canada smartwatch market from 2023 to 2030.
Revenue, 2022 (US$M)
$959.2
Forecast, 2030 (US$M)
$1,806.6
CAGR, 2023 - 2030
8.2%
Report Coverage
Canada

Canada smartwatch market highlights

  • The Canada smartwatch market generated a revenue of USD 959.2 million in 2022 and is expected to reach USD 1,806.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.2% from 2023 to 2030.
  • In terms of segment, 400-699 usd was the largest revenue generating price in 2022.
  • 300-399 USD is the most lucrative price segment registering the fastest growth during the forecast period.


Smartwatch market data book summary

Market revenue in 2022USD 959.2 million
Market revenue in 2030USD 1,806.6 million
Growth rate8.2% (CAGR from 2022 to 2030)
Largest segment400-699 usd
Fastest growing segment300-399 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, Canada accounted for 2.5% 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 North America, U.S. smartwatch market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 30,370.1 million by 2030.

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Smartwatch Market Companies

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Canada 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.


400-699 usd was the largest segment with a revenue share of 34.25% in 2022. Horizon Databook has segmented the Canada 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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  • Our clientele includes a mix of smartwatch market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smartwatch market , including forecasts for subscribers. This country databook contains high-level insights into Canada smartwatch market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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