Wearable Technology Market Is Anticipated To Record A Valuation Of US$ 170.91 Billion By 2025, A Recent Study By The Insight Partners

The Wearable Technology Market business intelligence report by "The Insight Partners" entails detailed information regarding the dynamics affecting market valuation over the analysis period. It also covers the competitive landscape, market scope, and market segmentation.

Fitness bands and smart watches have emerged as one the prime revenue sources and has experienced a high adoption rate, highly growing demographics across the regions and increasing awareness among end users about the potential benefits of wearable technology is expected to accelerate the wearable technology market in the coming years.

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The growing market of tablets and smartphones and tablets is allowing the integration of smartphones with wearable devices. Wrist wear segment of wearable technology captures the largest share of the market and is projected to lead the market during the predicted period. The inception of smart watches by companies such as Apple, Nike and Samsung among others has contributed to the growth of the market.

Key findings of the study:
• From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 23.2% during the forecast period
• Based on product, the smart watches segment is projected to witness significant lucrative profitable opportunities with projected CAGR growth rate of 16.7%
• The wellness & fitness based application segment is expected to register a CAGR growth rate of 17.5%

The report makes inclusion of vital information such as market size, growth rate, and valuation of each segmental, regional and country level market, and growth opportunities in related niche market segments. This information has been incorporated after a thorough study of primary and secondary sources.

Competitive Landscape: Wearable Technology Market:
• Fitbit Inc.
• Xiaomi Inc.
• Apple Inc.
• Garmin Ltd.
• Samsung Electronics Co.
• Adidas Group
• Google Inc.
• Intel Corporation
• Jawbone
• Koninklijke Philips N.V.
• LG Electronics Inc.
• Medtronic, Inc.
• Microsoft Corporation

The passion to keep up a healthy lifestyle in U.S. and Canada is the main reason for the region's dominance. Also, continuous advancement in technologies, high purchasing power and disposable income in this region is contributing to the development of North America wearable technology market. The North America market for wearable technology is expected to witness a lucrative CAGR growth of 18.3% in the forecast period.

This data has been documented in a systematic manner by dividing the market into segments based on type, application, end user, and region. The report also includes conclusive numerical information in the form of charts and tables to aid industry leaders in understanding the market scenario and opinions of different experts.

Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Wearable Technology Market.

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The wearable technology market is broadly classified into product type, application and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. Also, we have studied the market segments offered by major players in this market, in order to understand widely used market-specific terminologies and jargons to represent any particular segment. Thus, we have incorporated outputs of this research and have come up with a final segmentation of the market.

The report includes a SWOT analysis of leading companies form global Wearable Technology Market. It also encloses and studies the most recent market developments that are likely to affect the industry. Moreover, the products & services offered by these companies are documented as well. Leading companies contributing to Wearable Technology Market valuation are

Wearable Technology Market Segmentation:

By Product
• Roadways
• Railways
• Waterways
• Airways

By Application
• Infotainment
• Healthcare & Medicine
• Industrial & Military
• Fashion & Lifestyle
• Fitness & Wellness
• Safety & Security

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Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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