New to Parola? Get 20% off on your first project



parolanews graphic about smart watches

By 2023, the global smartwatches market is estimated to reach $43.8 billion at 22.7% CAGR from 2018 to 2023 according to a report by Prescient & Strategic Intelligence. In another report by Mordor Intelligence, sales figures showed that in the US, there was an almost 350% increase in terms of smartwatches sold in 2015 and by 2023, unit shipments are expected to reach 110.38 million globally. This coincides with the release of the first Apple Watch in April of 2015. But in 2017, android-based smartwatches held the largest share in smartwatches despite Apple being the major market shareholder.


The integration of fitness and sports applications to smartwatches, such as steps tracking, calories counter, and heart rate measurement, are identified to be the major market drivers and made users more aware of their personal health.


In this issue of ParolaNEWS, looked at the patent landscape of Smartwatches. As Samsung and other tech giants lead the pack, companies like Pebble, Fitbit and E-ink also enter the top 10. See the full report by downloading our newsletter.

Share This Newsletter

Share on facebook
Share on linkedin
Share on twitter
Share on email

Related ParolaNEWS

screenshot of page for digital twin

Digital Twin

The growth of Internet-of-Things (IoT), as well as other supporting technologies needed for Digital Twins are leading to a renewed interest in the concept of

parolanews newsletter screenshot for neural network hardware

Neural Network Hardware

The growing interest in artificial intelligence (AI) also stimulates the Artificial Neural Network market, now poised to reach a market size of $296 million by

graphic about artificial intelligence

Artificial Intelligence

We’re keeping a closer look at Artificial Intelligence for the past year, and our recent study still reveals that IBM is ahead of the pack

parolanews graphic about e-commerce


According WIPO, patents in E-commerce play an important role because of the amount of licensing, contracting out, outsourcing and strategic relations involved in this industry.

parolanews graphic about startups

Healthcare Informatics

As the medical community is continuously incorporating information technology, healthcare sciences, even cognitive science to better manage healthcare information, the global healthcare informatics market is

infographic for parolanews in 5G


5G (fifth generation) is a combination of communications technologies that can meet the increasing data demands of mobile users. These technologies include millimeter waves, small

Subscribe to our newsletter

  • Questions? Check our privacy policy.
  • This field is for validation purposes and should be left unchanged.
isometric illustration of girl writing on notebook

Join our list

  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.