Wearable Technology Market worth $56.8 billion by 2025 with a growing CAGR of 11.28% - PowerPoint PPT Presentation

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Wearable Technology Market worth $56.8 billion by 2025 with a growing CAGR of 11.28%

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Wearable Technology Market Research Report Analysis and Forecast to 2025. Identify the New Revenue Sources and the Known and Unknown Adjacencies Impacting the Wearable Technology Market. – PowerPoint PPT presentation

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Title: Wearable Technology Market worth $56.8 billion by 2025 with a growing CAGR of 11.28%


1
MarketsandMarkets Presents
Wearable Technology Market worth 56.8 billion by
2025 with a growing CAGR of 11.28
Wearable Technology Market by Product
(Wristwear, Headwear/Eyewear, Footwear, Neckwear,
Bodywear), Type (Smart Textile, Non-Textile),
Application (Consumer Electronics, Healthcare,
Enterprise Industrial), and Geography - Global
Forecast to 2025
https//www.marketsandmarkets.com/Market-Reports/w
earable-electronics-market-983.html
2
The report "Wearable Technology Market by
Product (Wristwear, Headwear/Eyewear, Footwear,
Neckwear, Bodywear), Type (Smart Textile,
Non-Textile), Application (Consumer Electronics,
Healthcare, Enterprise Industrial), and
Geography - Global Forecast to 2025", is expected
to reach USD 56.8 billion by 2025, at a CAGR of
11.28 between 2016 to 2025. The driving factors
for the growth of this market include consumer
preference for sophisticated gadgets, increasing
popularity of smartwatches and wristbands in
consumer market, increasing growth prospects of
next generation displays and integrated consumer
wearables, increasing popularity of wearable
fitness and medical devices and growing
popularity of internet of things and connected
devices. Browse 70 market data Tables and 77
Figures spread through 199 Pages and in-depth TOC
on "Wearable Technology Market - Global Forecast
to 2025"Early buyers will receive 10
customization on this report.
3
In 2016 consumer electronics was the biggest
segment in terms of market size The growth of
wearable technology in consumer electronics
sector is mainly attributed to the rising
consumer demands coupled with the proliferation
and suitability of the enhanced communication
protocol and miniaturization of sensor
technology. Sensors and wearable devices can be
integrated into various accessories such as
garments, hats, wristbands, socks, shoes,
eyeglasses, and other devices such as
wristwatches, headphones, and smartphones because
of their compact size and advanced integration
technologies. Additionally, wearable electronic
devices find compelling applications in fitness
and sports. From smart wrist watches that record
heart rates to intelligent bands that track
physical activities, wearable technology in the
form of fitness monitoring devices attract
increasing attention from health-conscious
consumers. PDF Brochure_at_ https//www.marketsandma
rkets.com/pdfdownloadNew.asp?id983
Americas market is expected to grow at a
highest CAGR during forecast period The Americas
comprises the largest market share in wearable
technology due to several factors. One of the
most important factors is technological
innovations and advancements, which led to the
introduction of new products. The increasing
demands from consumers and medical application
have also led to the growth of wearable
technology in the Americas. Other factors
promoting the growth of the market are increasing
incidences of chronic diseases, diabetes
patients, and ease of use.
4
Wrist wear market segment is expected to dominate
wearable market during the forecast period
Wrist wearable products are likely to explode
in popularity in the coming years. The market is
abuzz with the talk of smart watches expected to
be launched by leading players. Many leading
companies have already launched smart watches and
wristbands. It is expected that with major
companies foraying into the market such as Apple
and Samsung, the look and feel for wearables
would increase immensely. These devices wont be
just a computing device but a style statement.
And it is no surprise that sports apparel and
fitness brands such as Nike and Adidas are also
launching smart wrist wear that not only monitors
health parameters but also magnifies the
aesthetics sense of users. Request for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id983 Major players in the
wearable technoloyg market are Fitbit (U.S.),
Apple, Inc. (U.S.), Xiaomi Technology Co., Ltd.
(China), Garmin, Ltd. (U.S.), Samsung Electronics
Co. Ltd. (South Korea), Alphabet (U.S.), LG
Electronics (South Korea), Qualcomm Technologies
(U.S.), Sony Corporation (Japan), Adidas Group
(Germany), Jawbone, Inc. (U.S.), Misfit, Inc.
(U.S.), Guangdong BBK Electronics Co., Ltd
(China) and Lifesense Group B.V.
(Netherlands).

5
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defend" strategies, identify sources of
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6
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