Wearable Technology Market is Dominated by North America, States The Insight Partners in Its Report Published at MarketPublishers.com05 Aug 2016 • by Natalie Aster
LONDON – The global market for wearable technology devices has shown the meteoric rise over the last few years given growing acceptance off such devices across various verticals like healthcare, media, fitness, ad more.
Technological developments in the wearable technology domain represent one more important driver of this marketplace. Growing awareness among users about benefits the devices have is one more factor igniting the growth.
Swart watches and fitness bands enjoy the highest popularity amongst users, and they are also major revenue sources. They have experienced the highest adoption rates if compared to other devices of this type.
North America holds the dominant position in the global space. There are many wearable technology players in this region. Besides, North America can boast high acceptance of such products and it is actively involved in the launching of a range of key products.
Europe is expected to see relatively high growth of this market, as well. APAC is also amongst the swiftest growing markets, and India and China have the highest growth potential.
The world’s marketplace is under the reign of such companies as Apple, Fitbit, Google, Jawbone, and more.
Topical research report “Wearable Technology Market to 2025 - Global Analysis and Forecasts by Products and Applications” drawn up by The Insight Partners offers a comprehensive analysis of the current state and future prospects of the world’s market for wearable technology devices. It provides an all-round overview of this marketplace and includes a value chain analysis.
The report discusses key drivers, delves deep into restraints and covers opportunities in detail. The research study focuses on sales trends and limelights the competitive ladscape. It unveils revenue trends and projects future trends through 2025. It canvasses major regions and countries. Key company profiles are on hand in the research report, too.
More studies by our partner can be found at The Insight Partners page.