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Wearable AI Market Latest Trends, Share, Growth Industry Analysis and Forecast

Press release   •   Apr 12, 2019 09:41 IST

Wearable AI

The Wearable AI market is anticipated to grow in the forecast period owing to driving factors such as increasing popularity of AI assistants, advancements in wireless technologies, and increasing demand for health monitoring solutions, whereas the higher cost of these solutions and short life-cycle are the primary factor that might hinder the growth of wearable AI market. The increasing demand for wearable or pets is creating an opportunity for the companies in wearable AI market to expand their customer base.

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The global wearable AI market is segmented on the basis of product, operation, component, and application. Based product, the market is segmented as smart watch, ear wear, and eye wear. On the basis of the operation the market is segmented as on-device AI, cloud-based AI. On the basis of component the market is divided into processor, connectivity IC, sensors. On the basis of the application the market is segmented as consumer electronics, enterprise, healthcare, and others.

The report also includes the profiles of key wearable AI companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

1. Apple, Inc.
3. Bragi
4. Fitbit, Inc.
5. FocusVentures, Inc.
6. Google LLC
7. Huawei Technologies Co., Ltd.
8. IBM Corporation
9. Moov Inc.

The report analyzes factors affecting wearable AI market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the wearable AI market in these regions. 

The reports cover key developments in the wearable AI market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from wearable AI market are anticipated to lucrative growth opportunities in the future with the rising demand for wearable AI in the global market. Below mentioned is the list of few companies engaged in the wearable AI market. 

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wearable AI market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The wearable AI market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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 are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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