US smartwatch market is on the rise, to hit $10 billion this year

US smartwatch market is on the rise, to hit $10 billion this year

New market analysis by TradingPlatforms, predicts that the US smartwatch market will hit the $10 billion revenue mark by the end of 2021 and will keep growing substantially over the next five years. By 2025, the sector could grow beyond $14 billion, the analysts predict.

There are some other interesting stats in that report. For instance, China leads the smartwatch market with a $12 billion, followed by the US with $10 billion dwarfing Japan, France and South Korea all of which see smartwatch sales below $1 billion.

Infographics

The report also predicts a steady growth in…