Press release
Smart Wearables Market Provides In-Depth Analysis Of The Industry, With Current Trends And Future Estimations (2020 - 2023)
The Business Research Company
The global smart wearables market is expected to grow from $13.2 billion in 2019 to $16.12 billion in 2020 at a compound annual growth rate of 22.37%. The growth is mainly due to the COVID-19 outbreak that has led to that has increased sales of smart wearables that help trace the contact for COVID-19. The market is then expected to reach $24.5 billion in 2023 at a CAGR of 15.05%.
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The smart wearables market consists of sales of smart wearable devices and related services for tracking vital pieces of data related to the health and fitness of the human body. Smart wearables are any form of an electronic device intended to be worn on the human body.
The lack of control over the data generated by owners through their smart wearable devices constraints the growth of the market. The privacy policy of most wearable devices states that data collected would be shared with a third-party vendor, inherently giving way for the data breach.
Smart Wearables Market Segmentation:
By Devices
1. Smart Watches
2. Smart Glasses
3. Fitness & Wellness Devices
4. Smart clothing
5. Others
By Application
1. Lifestyle
2. Healthcare
3. Consumer applications
4. Defense
5. Fitness & sports
6. Enterprise & industrial
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Few Points From Table Of Content
1. Executive Summary
2. Smart Wearables Market Characteristics
3. Smart Wearables Market Size And Growth
4. Smart Wearables Market Segmentation
5. Smart Wearables Market Regional And Country Analysis
……
25. Smart Wearables Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Smart Wearables Market
27. Smart Wearables Market Trends And Strategies
28. Smart Wearables Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the smart wearables market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the smart wearables market are Apple Inc., Samsung, Google, Xiaomi, Nike, Motorola Solutions Inc., Garmin, Jawbone, Misfit, Polar, Huawei, BBK(XTC), Razer, Fossil Group Inc, Medtronic PLC, Transcend Information Inc., Adidas AG., Sony Corporation, Huawei Technologies Co., Ltd., LG Electronics Inc., Fossil Group, Inc., Jawbone, Misfit, Pebble Technology Corp., Polar Electro, Inc., Withings SA, Michael Kors, Casio Electronics Co. Ltd., TAG Heuer.
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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