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Wearable Computing Devices Market to Incur Meteoric Growth During 2018-2026
Wearable Computing Devices Market
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Increasing adoption of smart watches and wristbands in consumer electronics sector is one of the major factors driving growth of the market
The increasing adoption of smart watches and wristbands among consumers is one of the major factors driving growth of the wearable computing devices market. For instance, according to the Coherent Market Insights’ analysis, the total sales of smart watches in 2016 accounted for US$ 36 million, which increased to US$ 76 million in 2017, globally. Rising inclination of the populace towards fitness, is expected to increase demand for wearable computer devices to help doctors monitor health of patients remotely. This in turn, is expected to help prevent deaths related to health issues such as obesity, heart attacks, asthma, and diabetes. These wearable computing devices are used to track various health parameters such as body temperature, blood pressure levels, and the count of blood cells, which further helps users detect, diagnose, and monitor all health parameters by themselves. Thus, growing demand for health monitoring in turn, is expected to propel growth of the global wearable computer devices market.
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Key Vendors of Wearable Computing Devices Market: Adidas AG, Apple Inc., Boston Scientific Corp, Garmin Ltd, LG Electronics Inc., Google, LLC, Motorola Mobility Holdings, Inc., Nike, Inc., Pebble Technology Corp., and Samsung Electronics Co., Ltd., Major players in the market are focusing on inorganic growth strategies such as mergers and acquisitions, to strengthen their foothold in the market.
Global Wearable Computing Devices Market: Taxonomy
By Technology
Computing Technologies
Wearable Computer
Display Technologies
Virtual Reality
Augmented Reality
Networking Technologies
Wi-Fi
Bluetooth
Other
Other Technologies
By Applications
Fitness and Wellness Application
Wristband
Smart Clothing
Footwear
Others
Medical and Healthcare
Continuous Glucose Monitor
Drug Delivery Product
ECG Monitoring
Others
Enterprise and Industrial
Hand-Worn Terminal
Others
Infotainment
Smart watches
Augmented Reality Devices
Head-Up Display
Head-Mounted Displays
Smart Glasses
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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