Wearable Devices Market Flourishing Rapidly with Top Prominent Players - Fitbit, Inc., Koninklijke Philips N.V., BioTelemetry, Inc., Garmin Ltd., OMRON Corporation,

The influential Wearable Devices Market report is prepared by taking into account the market type, organization volume, accessibility on-premises, end-users’ organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. No stone is left unturned while analysing the market and preparing this market research report in a presentable form to meet the anticipation of users. Several market factors are explained in this Wearable Devices Market report such as market estimates and forecasts, entry strategies, opportunity analysis, market positioning, competitive landscape, product positioning, market assessment and viability studies.

Global Wearable Devices Market is expected to rise from its initial estimated value of USD 24.53 billion in 2018 to an estimated value of USD 88.53 billion by 2026, registering a CAGR of 17.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing penetration of smartphones and also improving phone-based healthcare apps compatible with wearable devices.

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Key Developments in the Market:

In April 2019, Fitbit announced that Fitbit and Snap launched first-ever bitmoji clock face integration on fitbit smartwatches, that provide dynamically updates throughout the day based on your personal health and fitness data.

In March 2019, Fitbit announced four new Wearables products for Making Health and Fitness Accessible and Affordable to More Consumers Worldwide.

Competitive Analysis:

Global wearable devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wearable devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

Current and future of global wearable devices market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Table of Content: Global Wearable Devices Market

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Wearable Devices Market Landscape

Part 04: Global Wearable Devices Market Sizing

Part 05: Global Wearable Devices Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

And More…..Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-wearable-devices-market

Key Market Competitors:

Fitbit, Inc. (US),

Koninklijke Philips N.V. (Netherlands),

BioTelemetry, Inc. (Switzerland),

Garmin Ltd. (Switzerland),

OMRON Corporation (Japan),

Drägerwerk AG & Co. KGaA (Germany),

Nokia Technologies (US),

Jawbone (US),

Polar Electro (Finland),

World Global Network (US),

Activeinsights (UK),

VitalConnect (US),

Xiaomi (China),

Misfit (US),

Monica Healthcare (UK)

Adidas AG,

Apple, Inc.(US),

Google, Inc. (US),

LG Electronics Inc. (South Korea),

Nike, Inc (US),

Samsung Electronics Co., Ltd. (South Korea),

Sony Corporation (Japan),

Xiaomi Technology Co., Ltd. (China)

Among other vernacular players.

Wearable technology device isthat type of device which can be worn by a consumer and it gives information regarding to health and fitness. These Devices are hands-free gadgets with practical uses, powered by microprocessors and enhanced with the ability to send and receive data.

According to statistics, the number of connected wearable devices worldwide is expected to jump from an estimate of 325 million in 2016 to over 830 million in 2020. This significant number is expected to act as a driver to the market growth.

Market Drivers

There is an increase in technological advancements in wearable medical devices which is expected to act as a driver to the market growth
There is rise in preference for wireless connectivity among healthcare providers which is expected to act as a driver to the market growth

Segmentation: Global Wearable Devices Market

By Product Type

Wrist-wear
Eyewear
Footwear
Neckwear
Body wear
Others

By Industry

Consumer Products
Healthcare
Industrial
Others

By Type

Smart Textile
Passive
Active
Ultra-Smart
Non-Textile

By End Users

Personal Users
Enterprises

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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