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The wearables market is forecasted to grow byUSD 106.44 billion during 2023-2028, accelerating at a CAGR of 18.08% 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing preference for wearables devices for payment, rising digitization of global economy, and 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 Geography
- 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 report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 the 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 Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized 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 focus 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.
