Smartphones and smartwatches are reducing the use of traditional watches around the world. Watches have always been worn for more than just telling the time, but also for practical and aesthetic reasons. In today’s world, wearing a timepiece is more than simply a fashion statement; it’s a part of one’s bodily identity. Until 2026, the luxury watch market is predicted to increase at a rate of 3.25 percent each year. Smartwatches include many of the same functions as wristwatches, as well as additional benefits including synchronization with the user’s other smart devices, but they are classified as a separate category due to their uniqueness.
Insider Monkey discusses the list of the 15 most valuable watch companies in the world. Tom Kartsotis started The Fossil Group, Inc. in the city of Richardson, Texas, in 1984. Michael Kors, DKNY, Armani Exchange, Puma, Tory Burch, and BMW are among the brands for which the company produces accessories. In Esperanto, the Movado Group’s name literally means “always moving.” The company’s headquarters are currently located in Paramus, New Jersey. It is ranked 14th among the 15 most valuable watch firms, with a market valuation of $732.48 million. Léon Breitling started Breitling SA in Saint-Imier, Switzerland, in 1884. The firm is known for producing high-precision chronometers for pilots. It is ranked 13th among the world’s top 15 most valuable watch firms. Jules Louis Audemars formed Audemars Piguet Holding SA in 1881. The company creates high-end watches and clocks. The company is currently ranked 12th among the world’s top 15 most valuable watch companies. Antoni Patek, Franciszek Czapek, and Adrien Philippe formed Patek Philippe SA in 1839. The company is one of the oldest in the watchmaking industry, with over 400 retail locations throughout the world. Its timepieces have been worn by Queen Victoria, Princess Diana, Pablo Picasso, and Albert Einstein. Hans Wilsdorf and Alfred Davis created Rolex SA in 1905. The corporation designs, manufactures, markets, distributes, and even provides after-sales services under the Rolex and Tudor brands. Rolex SA is now ranked 10th among the world’s 15 most valuable watch businesses. Ralph Lauren Corporation has a market valuation of $8.629 billion, ranking 9th among the world’s 15 most valuable watch businesses. Fashion items such as clothes, accessories, fragrances, and home-care items are produced by the company. For more details, click 15 Most Valuable Watch Companies in the World.