Press release
Wearable AI Market to Witness Massive Growth by 2027 | Key Players: Apple, ATLAS WEARABLES, Bragi, Fitbit, FocusVentures, Google, Huawei Technologies Co
Wearable AI Market to 2027
The Wearable AI market is anticipated to grow in the forecast period owing to driving factors such as increasing popularity of AI assistants, advancements in wireless technologies, and increasing demand for health monitoring solutions, whereas the higher cost of these solutions and short life-cycle are the primary factor that might hinder the growth of wearable AI market. The increasing demand for wearable or pets is creating an opportunity for the companies in wearable AI market to expand their customer base.
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Wearable AI are the specially designed AI integrated devices that are worn on the human body. The primary use of these wearable AI is to monitor different data related to the health. AI technology enhances the capabilities of existing wearable devices by providing additional features like analytics, machine learning and more real-time actionable audio, visual feedback among others.
Top Dominating Key Players:
1. Apple, Inc.
2. ATLAS WEARABLES
3. Bragi
4. Fitbit, Inc.
5. FocusVentures, Inc.
6. Google LLC
7. Huawei Technologies Co., Ltd.
8. IBM Corporation
9. Moov Inc.
10. SAMSUNG
MARKET SCOPE
The "Global Wearable AI Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global market trend analysis. The report aims to provide an overview of wearable AI market with detailed market segmentation by product, operation, component, application and geography. The global wearable AI market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wearable AI market players and offers key trends and opportunities in the wearable AI market.
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MARKET SEGMENTATION
The global wearable AI market is segmented on the basis of product, operation, component, and application. Based product, the market is segmented as smart watch, ear wear, and eye wear. On the basis of the operation the market is segmented as on-device AI, cloud-based AI. On the basis of component the market is divided into processor, connectivity IC, sensors. On the basis of the application the market is segmented as consumer electronics, enterprise, healthcare, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wearable AI market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The wearable AI market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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