Title: Wearable Computing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026
1Wearable Computing Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast (2021-2026)
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- The global Wearable Computing Market is estimated
to surpass 92.1 billion mark by 2026 growing at
an estimated CAGR of more than 20.1 during the
forecast period 2021 to 2026. The Wearable
Computing market is projected to witness
substantial growth over the forecast period
primarily due to advancement of technologies in
which the electronic devices are embedded with
the wearable such as fitness tracker, smart wrist
watch and others as well as deployment in
personal area networks. Adoption of smart
wearable like smart watches and wrist bands are
potential driving factor for the market. The
majorly deployed industries are health care and
Entertainment.
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Key Takeaways The increasing adoption of smart
watches and wristbands among consumers is one of
the major factors driving growth of the wearable
computing devices market. Increasing popularity
towards fitness helps the trainers and doctors to
keep track about their clients as they can be
used to track heartbeat rate, BP, body
temperature and others. It is easy analyse these
without visiting hospital or any lab. Increasing
advancement of IoT, Sensor has driven the market
towards the wearable. North America is expected
to dominate the market in the forecasted period.
This growth is attributed with increasing heart
related diseases, Obesity, Diabetics, and other
chronic diseases.
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By Distribution Channel- Segment Analysis The
wearable computing market is segmented into
Computing technologies, Display technologies,
Networking technologies, Augmented Reality and
others based on technology. Increasing adoption
of display technologies and computing
technologies in smart watches, smart bands and
other devices are the driving factors for the
market. Increasing adoption of OLED micro display
as it is light weight and energy efficient has
increased the growth of wearable market. AR
eyewear is increasing in adoption for the gaming
industry which in turn improves the demand for
wearable computing market.
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- Wearable Computing Market Industry Outlook
- Fitbit, Inc
- Apple, Inc
- Adidas AG
- Nike
- Google LLC
- Motorola Mobility Holding
- Pebble technology
- Samsung electronics
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Wearable Computing Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast (2021-2026)Learn More About
the Report _at_ https//www.industryarc.com/Resea
rch/Wearable-Computing-Market-Research-505389
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