Wearable Technology Market worth US $170.91 Bn by 2025– The Insight P Wearable Technology Market to Hit US $170.91 Bn by | Page 2
Wearable Technology Market to 2025
Introduction
A blend of top-down and bottom-up approaches were used to come to the exact market sizes and development
rates of the global wearable technology market and its segments. Various secondary information sources were used
to find the overall revenues, product portfolios and geographic reach of the companies operating in the wearable
technology market. Estimates of the products and application classification revenues were confirmed and validated
through primary interviews. Primary interviews are conducted with various players in wearable ecosystem and key
opinion leaders to confirm the provided percentage split and market share. Considering the current market scenario
and various other factors into our analytical approaches, the global Wearable Technology market is expected to
grow at a CAGR of 20.8% during the forecast period 2016 – 2025 and accounts for US$ 170.91 Bn in the year 2025.
The wearable technology market is divided on the basis of products and application, the products segment is
further categorized on the basis of smart clothing & smart glasses, sleep sensors, smart watches, activity monitors,
augmented reality headsets, continuous glucose monitor, heart rate monitors (HRMS), drug delivery devices, hand
worn terminals, wearable patches, jewelries. The application segment is further classified on the basis of
infotainment, fitness & wellness, healthcare & medical, industrial & military, safety & security, and fashion &
lifestyle
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