Wearable AI Market to Witness Huge Growth by Key Players: Apple, Samsung, Google, Microsoft, Sony, Garmin, Fitbit, Huawei, Amazon, IBM, Oracle and Others.

According to Market Study Report, Wearable AI Market provides a comprehensive analysis of the Wearable AI Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Wearable AI Market.

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The Wearable AI Market is projected to reach USD 42.4 Billion by 2023, from USD 11.5 Billion in 2018, growing at a CAGR of 29.75% during that period. This report spread across 153 pages, profiling 11 companies and supported with 70 tables and 49 figures are now available in this research.

Top Companies Profiled in the Wearable AI Market:
o Apple (US)
o Samsung (South Korea)
o Google (US)
o Microsoft (US)
o Sony (Japan)
o Garmin (US)
o Fitbit (US)
o Huawei (China)
o Amazon (US)
o IBM (US)
o Oracle (US)

"Smart watch to hold largest size of wearable AI market during forecast period"
There has been a wide adoption for smart watches from companies such as Apple (US), Huawei (Japan), and Samsung (South Korea) owing to the ease in access to the AI functionalities offered by them. Moreover, the introduction of Android wear 2.0 OS in android-based smart watches leads to on-board voice assistance through internet connectivity. Smart watches have got a wide consumer preference resulted from the simplicity of wear and convenient use of a large number of functionalities on a single touch.

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"Wearable AI market for sensors to grow at highest CAGR during forecast period"
Sensor is a major connecting link between communicating data related to various parameters such as temperature, pressure, motion, and magnetic field and are likely to be among the important components for wearable. Increasing advancement toward smaller, smarter, and cheaper sensors and improved compatibility of sensors with other components are driving the demand for sensors in wearables. Cloud computing makes the utilization of AI much easier.

"North America accounted for largest share in wearable AI market during forecast period"
North America is among the largest contributors to the wearable AI market. A major driving factor for the growth of the wearable AI market in North America is the increasing R&D at both academic and industry levels, which is broadening the application areas of wearable AI in consumer electronics, enterprise and industrial applications, and healthcare.

Breakdown of primary participants' profile:
1. By Company Type: Tier 1 = 30%, Tier 2 = 40%, and Tier 3 = 30%
2. By Designation: C-Level Executives = 32%, Directors = 38%, and Others = 30%
3. By Region: North America = 35%, Europe = 31%,APAC = 26%, and RoW = 8%

Competitive Landscape of Wearable AI Market:
1 Overview
2 Ranking Analysis
2.1 Apple (US)
2.2 Samsung (South Korea)
2.3 Google (US)
2.4 Microsoft (US)
2.5 Sony (Japan)
3 Competitive Scenario
3.1 Product Developments and Launches
3.2 Partnerships, Agreements, and Collaborations
3.3 Acquisitions
3.4 Investments and Expansions

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Reason to access this report:
The report will help leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall wearable AI market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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