Consumer Smart Wearables Market: adults are the major consumers of smart wearables

Press Release   •   Jan 16, 2017 15:27 EST


The wearable electronics are electronic devices that can be worn on body for tracking the location, body functions and to stay connected online. Growing demand for these wearables by the population is driving the demand in electronics accessories industry. There is high scope for the Consumer Smart Wearables Market in various regions across the globe through 2021.

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Scope and Regional Forecast of the Consumer Smart Wearables Market:

In the Consumer Smart Wearables Market, healthcare and wellness industry are the major applications of this market currently with huge scope of applications and uses of the technology. People are rapidly adopting this technology and devices through 2021.

Asia Pacific is the major market in the Consumer Smart Wearables Market in terms of application scope and possibility of sales in this region among the population. China and India are the major markets for the growth and use of these devices through 2021. North America is the leading region in the Consumer Smart Wearables Market in terms of technology advancement and adoption of these devices. Europe is expected to show significant growth for wearables by 2021.

The Consumer Smart Wearables Market is a fast developing market with increasing demand and use of wearable devices with applications in various end user industries across the globe. This market is expected to have high growth owing to the increasing expenditure for developing wearable technology and wearables by wearable technology companies, growth in adoption of wearable medical devices and wearable health devices for medical monitoring and fitness and smart wearable devices for infotainment applications by wearable electronics manufacturers for the high sales in wearable technology market in various regions across the globe through 2021.

Segmentation and Key Players of the Consumer Smart Wearables Market:

The Consumer Smart Wearables Market is segmented into various categories by type, by application and by geography as follows:

By type: Fitness Band, Smart Watches, Smart Glasses and others

By application: Fitness and Wellness, Infotainment

By geography: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Latin America, Middle and Africa

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Some of the key players in the Consumer Smart Wearables Market are as follows:

  • Fitbit
  • Xiaomi
  • Apple
  • Garmin
  • Samsung

There is high demand for the wearable computer devices for fitness tracking and infotainment purposes in the various regions across the globe through 2021.

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