openPR Logo
Press release

Rising adoption of AI-enabled wearables for healthcare applications driving wearable AI devices market

02-21-2020 09:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Rising adoption of AI-enabled wearables for healthcare

Around the world, the sale of smartwatches is rising, on account of the increasing disposable income and awareness about the latest gadgets available. Such consumer products function similar to smartphones, with features such as FM radio, Bluetooth or Wi-Fi connectivity, mobile apps, digital display, and an operating system. Some even have thermometers, digital cameras, pedometers, accelerometers, altimeters, heart rate monitors, compasses, barometers, speakers, GPS receivers, and microSD cards. With time, the demand for advanced smartwatches, integrated with artificial intelligence (AI), has risen.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wearable-ai-devices-market/report-sample

Mirroring the increasing demand for next-generation smartwatches is the growing wearable AI devices market, which is projected to reach $49,240.6 million in 2024, from $11,182.8 million in 2018, at a CAGR of 29.0% during the forecast period (2019-2024). Apart from advanced smartwatches, several types of wearable cameras, fitness bands, connected shoes, body sensors, and heart rate monitors are included in the category of wearable AI devices. These inform users of their health and fitness status, with real-time insights generated by analyzing a range of audio-visual inputs.

Such devices find several uses, including healthcare, consumer electronics, and gaming, among which they were purchased the most to serve as consumer electronics during 2014-2018. This was because of the launch of smart glasses, smart clothing, and smart sensors, expansion of the overall electronics sector, and focus of consumers on staying fit, by keeping track of various health parameters, which is made possible by smartwatches and fitness bands. In the coming years, wearable AI technology would see the fastest increase in adoption for healthcare purposes.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=wearable-ai-devices-market

Such products track various activities and advise users on the ideal food intake, sleep hours, and lifestyle changes, which can potentially lead to a sounder health and fitter body. Therefore, manufacturers of such electronic devices are pursuing research and development (R&D) to launch improved variants with artificial intelligence. For instance, a wearable blood pressure monitor, named HeartGuide, was unveiled by Omron Healthcare Co. Ltd. in January 2019. The product, initially launched in the U.S., was planned to be introduced in Asia and Europe, by year-end.

Another type of AI-enabled wearable device, which is witnessing a rapidly increasing popularity, is fitness bands. Their rising sales are credited to their innovative features, such as body temperature, heart rate, brain activity, and musculoskeletal motion monitoring. Additionally, such devices encourage people to opt for physical activities, including swimming and running, by offering social support, motivational messages, and progress tracking. To meet the rising requirement for fitness bands, many companies are launching improved versions, such as the Vivosmart 4 activity tracker by Garmin Ltd., which consists of a SpO2 sensor and sleep monitoring feature.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rising adoption of AI-enabled wearables for healthcare applications driving wearable AI devices market here

News-ID: 1940473 • Views: 514

More Releases from P&S Intelligence

Data Center Colocation Market | Covid19 Impact Analysis | Business Outlook, Grow …
Large enterprises are currently the larger users of colocation services, on account of their desire to decrease their operational expenses and increase focus on their more-critical areas. This is being done by giving the responsibility to house their expensive information technology (IT) hardware, such as routers, modems, and servers, to data centers, which also let them store huge amounts of data. Get the Sample Copy of this Report at:https://www.psmarketresearch.com/market-analysis/data-center-colocation-market/report-sample In addition, as
How Surging Interaction Through Enterprise Messaging Applications Driving Key Ma …
In the wake of the rising cyber attacks, adoption of cloud technologies, and focus on digital transformation, the need to meet the associated regulatory compliance is increasing around the world. Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI DSS), General Data Protection Regulation (GDPR), and Federal Information Security Management Act (FISMA) are the various acts and standards which govern cyber security. Get the Sample Copy
Digital Out of Home Market Growth Declines, However COVID-19 Pandemic May Bring …
Digital out of home or DOOH refers to digital media displayed in outdoors that is accessible to the public and used for advertising and marketing purposes. It is displayed via electronic displays in a variety of formats, excluding radio and TV advertising. It consists of digital billboards, out of home (OOH) displays, digital signages, LEDs, and screen technologies. Request Sample Copy of Report : https://www.psmarketresearch.com/market-analysis/digital-out-of-home-market/report-sample The digital out of home market is
Medical Device Outsourcing Market - Future Developments, Trends, and Opportunity …
The healthcare industry is witnessing rapid growth because of the surging prevalence of diseases all across the world. The medical industry does not only deal with drugs and therapy, but medical devices are an important part of it. Attributed to this, the medical devices industry is registering swift growth as well. In 2018, the global medical devices market attained a value of $425.5 billion and is predicted to reach $612.7

All 5 Releases


More Releases for Bluetooth

Global Bluetooth Waterproof Speakers Market Research Report
This report studies the global Bluetooth Waterproof Speakers market status and forecast, categorizes the global Bluetooth Waterproof Speakers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. The major manufacturers covered in this report FUGOO Bose Beats Ultimate Ears Skullcandy JBL Braven Altec Lansing AmazonBasics Logitech SHARKK Scosche
Bluetooth Beacon And Ibeacon Market
Understanding several aspects of the global Bluetooth beacon and iBeacon market, Persistence Market Research has presented a well-structured analysis on several trends, challenges, opportunities, restraints and drivers impacting the growth of the global market in its recent publication “Bluetooth Beacon and iBeacon Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. These aspects are studied across key regions of North America, Europe, Asia Pacific, Latin America and Middle East and
Digitek launches tubular Bluetooth speaker
New Delhi –Digitek, an Indian market leader in Photographic & amp; Smartphone Accessories today announced the launch of its brand new Bluetooth Speaker, DBS-011 that promises an incredible audio experience with impressive performance. Powered by a built-in 2000MAH rechargeable battery, the premium speaker delivers uninterrupted music playback for 5 hours. Boasting a stylish tube-shaped, smooth finish exterior, the speaker comes with hooks on both sides to attach the handle for
COSEC Bluetooth based Access Control
Mobile phones have integrated as an essential element in our day-to-day life. Presently, along with swift communication, it is tremendously used for Payment of Bills, E-commerce Shopping, Health Monitoring, GPS Navigation and more. A similar progressive trend is observed with access control, which initiated with RFID Cards, then expanded with biometrics and now it is being enhanced with advanced mobile credentials like Bluetooth. Matrix offers gesture based identification of users.
Global Bluetooth in Automotive Market
Bluetooth in Automotive Market: Introduction Bluetooth is a technology in which wireless exchange of data from two devices (mobile and fixed) takes place and is used for creating personal area networks (PAN). Bluetooth was invented by Ericsson in 1994. It can connect many devices at the same time, avoiding the synchronization issues. Bluetooth is managed by Bluetooth Special Interest Group (SIG), present in various fields namely telecommunication, computing & networking and
Bluetooth Key
Global and China Bluetooth Key Market 2016-2021 Market Research Report The report Bluetooth Key offers a detailed impact analysis of the key trends shaping the Industry. The Industry determinants, i.e. drivers, restraints, opportunities, and threats have been covered in the report. The research study delivers a detailed analysis of the consumer trends that are influencing the Industry. The impact analysis of the Industry drivers, restraints, and opportunities is presented in the