The low battery life of smartwatches is a major stumbling block to their widespread acceptance. Limited battery life has an impact on the device's overall performance, limiting market expansion. The high initial cost of smartwatches is limiting their popularity among low- and middle-income people. This is expected to have a detrimental influence on smartwatch market growth. The growing popularity of smartwatches is mostly due to increased internet and smartphone usage. Furthermore, features such as ease of handling and use are another important reason driving smartwatch market growth. Over the projected period, the growing youth population, combined with the increased popularity of these devices due to their advanced features, is expected to drive smartwatch market growth.
The market is predicted to rise due to rising demand for extension smartwatches that can be used as an extension of a smartphone or other connected devices. Integration of advanced apps, including as tracking, alerts, and connectivity, that are compatible with extended smartwatches, is expected to boost smartwatch market growth. Furthermore, as the middle-class population grows, the demand for smartwatches is likely to rise as well.
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