April 25, 2024


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Wrist Dive Computer Industry: Global Market Size to Witness Significant Growth by 2028

Evolve business intelligence, today has published a new market research report on “Wrist Dive Computer Market with COVID-19 impact, global and segmental analysis”. According to the report, the global wrist dive computers market was valued at $102.9 million in 2019 and is anticipated to grow at a CAGR of 11.26{8c54160eed80eb00ac4f5d74c8785e95142d89daf570f201b81dc7fdc31059f3} from 2020 to 2027.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the wrist dive computer market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the wrist dive computer market report also includes the following data points:• COVID19 Impact on wrist dive computer market size• End-User/Industry/Application Trend, and Preferences• Government Policies/Regulatory Framework• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies• Opportunity in wrist dive computer market. Check Industrial Computers for the best Industrial Computers.

Analyst View

According to Lekha, Principal Analyst, Evolve Business Intelligence, “The recent Covid 19 scenario has a negative impact on wrist dive computers market due to restriction imposed by various government across travel, leisure, and sports activity, among others. the recent COVID scenario is expected to provide significant opportunities for the Integration of AI/IoT/Smart Technologies. This will create additional avenues in the wrist dive computer market in the next 1 to 2 years.”

Competitive Scenario

Some of the major Wrist Dive Computer players holding high market share include Oceanic, Mares, Scubapro, And Cressi. These players use new product development, partnership, and expansion as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis

The global wrist dive computers market is segmented based on type, application, and end-user. On the basis of type, Colorless Display segment accounts for the highest share in 2019 while OLED Color Display is expected to grow considerably during the forecast period. Based on application, the Military segment accounts for the highest share in 2019 while the civilian segment is expected to grow considerably during the forecast period.

Report Coverage

The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the wrist dive computer market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.