Global Smart Wearables Market and Forecast to 2021 Key Highlights of the Report : The smartwatches segment captured maximum share of the smart wearables market in 2015 . Wearables suppliers are looking beyond the smart watches , focusing on hearables , which they see as the next big growth area in the smart wearables market . With growing adoption and rising disposable income levels , the smart wearable categories such as smart glasses and sports and fitness are also expected to gain significant pace through 2021 . It is anticipated that the global sports clothing market will reach around US $ XXX Million by 2021 . The global smart glasses market is expected to reach nearly US $ XX Million by 2021 . The personal medical and assisted living market is likely to surpass US $ XXX Million mark by 2021 . The combined market for global kids and pets wearables is likely to cross US $ 1 Billion mark by 2021 . The report titled “ Global Smart Wearables Market and Forecast to 2021 ” provides a comprehensive assessment of the fast-evolving , high-growth Wearables Market Global Smart Wearables Market and Forecast ( 2014 - 2021 ) Global Smart Wearables Market and Forecast - By Segment ( 2014 - 2021 ) Global Smart Wearables Market - Growth Drivers and Challenges .
Global Smart Wearables Market and Forecast to 2021 Key Highlights of the Report : The smartwatches segment captured maximum share of the smart wearables market in 2015 . Wearables suppliers are looking beyond the smart watches , focusing on hearables , which they see as the next big growth area in the smart wearables market . With growing adoption and rising disposable income levels , the smart wearable categories such as smart glasses and sports and fitness are also expected to gain significant pace through 2021 . It is anticipated that the global sports clothing market will reach around US $ XXX Million by 2021 . The global smart glasses market is expected to reach nearly US $ XX Million by 2021 . The personal medical and assisted living market is likely to surpass US $ XXX Million mark by 2021 . The combined market for global kids and pets wearables is likely to cross US $ 1 Billion mark by 2021 . The report titled “ Global Smart Wearables Market and Forecast to 2021 ” provides a comprehensive assessment of the fast-evolving , high-growth Wearables Market Global Smart Wearables Market and Forecast ( 2014 - 2021 ) Global Smart Wearables Market and Forecast - By Segment ( 2014 - 2021 ) Global Smart Wearables Market - Growth Drivers and Challenges .
The global market for smart wearables is projected to cross US $ 30 Billion by 2020 . Initially , the adoption of these devices was confined to developed countries because of the high cost . However , with the decline in cost , vendors have shifted their focus to developing countries to increase their revenue and market base . The factors like growing IT spending , rising health concerns , growing popularity of smart wearables among consumers , an expanding smartphone user base globally , coupled with continuously declining prices of smart wearables are anticipated to propel demand for different types of smart wearables during the over the next six years .