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The wearables market is poised to grow by $73631.84 mn from 2023-2027, accelerating at a CAGR of 15.09% during the forecast period. The report on the wearables market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing preference for wearables devices for payment, the rising digitization of the global economy, and the development of miniaturized electronic components.
The wearables market is segmented as below:
By Product
- Smartwatches
- Wireless headphones
- HMDs
- Smart bands
- Others
By Distribution Channel
- Online
- Offline
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the wearables market covers the following areas:
- Wearables market sizing
- Wearables market forecast
- Wearables market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Executive Summary
The publisher recognizes the following companies as the key players in the global wearables market: Acer Inc., Alphabet Inc., Apple Inc., ASUSTeK Computer Inc., CINOPTICS, Citizen Watch Co. Ltd., Fossil Group Inc., Garmin Ltd., GoPro Inc., Huawei Technologies Co. Ltd., Kopin Corp., Lenovo Group Ltd., LG Electronics Inc., Microsoft Corp., Nexxbase Marketing Pvt. Ltd., Omate Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp., and Sony Group Corp.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is focused on the development of low-power electronics.`
According to the report, one of the major drivers for this market is the growing preference for wearables devices for payment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acer Inc.
- Alphabet Inc.
- Apple Inc.
- ASUSTeK Computer Inc.
- CINOPTICS
- Citizen Watch Co. Ltd.
- Fossil Group Inc.
- Garmin Ltd.
- GoPro Inc.
- Huawei Technologies Co. Ltd.
- Kopin Corp.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Microsoft Corp.
- Nexxbase Marketing Pvt. Ltd.
- Omate Inc.
- Samsung Electronics Co. Ltd.
- Seiko Epson Corp.
- Sony Group Corp.
