Technology industry

The global wearable technology industry to 2028 – With Adidas, Suunto and Garmin International among others

DUBLIN, April 07, 2022–(BUSINESS WIRE)–The “The Wearable Technology Market – Size, Share, Outlook and Opportunity Analysis, 2021-2028” report has been added to from ResearchAndMarkets.com offer.

Wearable technology is rapidly becoming a major force in today’s world and industries. There are many reasons why wearable technology has developed over the years, although the main reason for recent development has been the development of electronic devices that are small, light and can be worn on the body without restricting movement.

As with many technological advances, wearable technology originated from the traditional fields of medicine and military research, as well as everyday consumer products such as handbags and watches. Electronic devices can provide better sensory feedback.

Many people suffer from sensory processing disorders such as sensory integration disorder, which means they have problems with textures, smells, and other types of “body” sensations. Some people with this disorder have an additional sense organ, such as an ear or a nose, that allows them to fully experience physical things.

Main characteristics of the study:

  • This report provides an in-depth analysis of the Wearable Technology market and provides the market size (Million US$) and Compound Annual Growth Rate (CAGR%) for the forecast period (2021-2028), considering 2020 as base year.

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players in the global wearable technology market based on the following parameters: company highlights, product portfolio, key highlights, financial performance and strategies

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding their future product launches, type upgrade, market expansion, and marketing tactics.

  • The Global Wearable Technology Market report is targeted at various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

  • Stakeholders would have an ease in making decisions through various strategic matrices used to analyze the global Wearable Technology market

Detailed segmentation

Global VEDR Market, By Data Storage:

  • Fitness and well-being

  • Infotainment

  • Health and medicine

  • industrial and military

Global VEDR Market, By Region:

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

Company Profiles

For more information on this report, visit https://www.researchandmarkets.com/r/85djgn

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220407005462/en/

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