Smart Watch and Fitness Band is Expected to Contribute Two-Thirds of the US Smart Wearable Devices Market by 2021: Ken Research - PowerPoint PPT Presentation

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Smart Watch and Fitness Band is Expected to Contribute Two-Thirds of the US Smart Wearable Devices Market by 2021: Ken Research

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The report also covers detailed snapshot on major and emerging companies in the smart wearable health device market including growth drivers, issues and challenges, and market share. For more information on the market research report please refer to the below link: – PowerPoint PPT presentation

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Title: Smart Watch and Fitness Band is Expected to Contribute Two-Thirds of the US Smart Wearable Devices Market by 2021: Ken Research


1
Smart Watch and Fitness Band is Expected to
Contribute Two-Thirds of the US Smart Wearable
Devices Market by 2021 Ken Research
2
Increase in health conscious consumers, more
consumer friendly devices, and acceptability at
all age group and sex promoted the sales of smart
watches in the US The report titled The US Smart
Wearable Devices Market by Type (Fitness Bands,
Smart Watch, Smart Eyewear and Others), by
Distribution Channel (Online, EBOs, MBOs, Others)
Outlook to 2021 by Ken Research suggested that
market for US smart wearables will be driven by
new and upcoming technological features. Improved
integration with other devices will further boost
the demand for smart wearables.
3
Both existing large tech corporations such as
Google, Apple and others as well as new and
emerging companies will also play a significant
role in market development. Smart wearables
created a new market segment in consumer
electronics and health devices. The companies
made innovation to make the products accessible
to the normal everyday user. Fitness wearables
which earlier was restricted to use by
professionals was made simpler and cost effective
for use by daily users. The market saw sudden
spurt in demand for smart wearables with
introduction of fitness bands by Fitbit. Post
that, range of products was introduced in the
market which had both positive and negative
impact. The market saw entry of established
players such as Garmin, Apple, Google, Microsoft
and others with few successes and many failures.
Smart watches gained significant momentum in
demand especially after they managed to work like
a hybrid
4
phone and fitness band. Launch of Google glass
was not very successful however some other
companies managed to make improvement in smart
eyewear by introducing both AR and VR glasses.
Growth was mainly fuelled by health conscious
consumers, new gadget lovers and rising
percentage of people with lifestyle diseases.
Increase was registered in the out of pocket
expenses in medical and related services which
made people to focus on their health. Smart
wearables can be easily linked to smart phones
and can be used for variety of other purposes
which further augmented the product demand.
Continuous innovation in the product made it more
consumers friendly and devices are easily
available for wearing on different body parts.
5
Key Topics Covered in the Report Smart Devices
Market Growth drivers Market Share Garmin
US Smart eyeglasses Market in US Smart Wearable
Health Devices Market Smart Wearable Market
Statistics Wearable Device Market Forecasts Smart
Watch Industry Analysis Market Share Fit bit
Fitness Band Smart Watch Fitness Band Segment
Future Outlook Smart Watch Market Wearable
Technology Market Size and Share Wearable
Technology Market in United States
6
For more information on the market research
report please refer to the below
link https//www.kenresearch.com/consumer-produc
ts-and-retail/luxury-goods/us-smart-wearable-devic
es-market/142266-95.html Related Report by Ken
Research https//www.kenresearch.com/consumer-pro
ducts-and-retail/luxury-goods/india-watch-market-r
esearch-report/419-95.html https//www.kenresearc
h.com/consumer-products-and-retail/luxury-goods/si
ngapore-luxury-goods-market-research-report/477-95
.html
7
Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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