Forecast: Global Smartwatch ASP & Revenue Forecast for 88 Countries: 2012-2029
Explore global smartwatch pricing and revenue forecasts through 2029, with insights across 88 countries on ASP trends, revenue growth, and market dynamics.
This extensive report forecasts global smartwatch pricing and revenues for 88 countries worldwide from 2012 to 2029. Global smartwatch revenues will rise by 2.0% in 2025, with the growth rate increasing slightly from 1.6% in 2024, following a 1.8% dip in 2023. Annual revenue growth is expected to peak at 3.1% in 2027, after which it would slow down, remaining above 2% in 2028 and 2029. ASPs are expected to decline for the entire forecast period from 2025 through 2029, although the rate of decline will slow down by 2029. Even so, as smartwatch unit volumes increase from 2025 through 2029, revenues will also increase between 2025 and 2029. Global economic uncertainty and persisting inflation in some regions are slowing down the ASP decline. In this forecast iteration, we've raised ASPs slightly across mostly North America and Western Europe, mainly due to higher-than-expected 2024 actuals and perceived price tier trends in these regions.
