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The smart watch sub-segment is expected to hold a prominent share in the global wearable technology market during the forecast period. Smart watches are widely used among consumers. Major Key players are introducing smart watches with innovative features such as Bluetooth calling, sports mode, sleep tracker feature, stress monitoring, and many more which increases the demand of smart watches and led to the growth of the global wearable technology market. For instance, in June 2022, Boat expanded its smartwatch lineup with the launch of Boat Wave Connect. The smartwatch comes with Bluetooth calling functionality and offers more than 60 sports modes. It comes equipped with a SpO2 sensor and heart rate monitor.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Wearable Technology Market by Product
- Fitness Bands
- Smart Watches
- Smart Glasses
- Smart Clothing
- Others
Global Wearable Technology Market by Type
- Wrist Wear
- Eyewear
- Hearables
- Bodywear
- Others
Global Wearable Technology Market by Application
- Lifestyle
- Consumer Applications
- Healthcare
- Fitness & Sports
- Defense
Regional Analysis
- North America
- US
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Adidas AG.
- Apple Inc.
- Fitbit International Ltd.
- Fossil Group, Inc.
- Garmin Ltd.
- Google LLC
- Huawei Technologies Co. Ltd.
- LG Electronics
- Motorola Solutions, Inc.
- Nike, Inc.
- Samsung Electronics Co., Ltd.
- Shimmer Research Ltd.
- Sony Corp.
- Xiaomi Group
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wearable technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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