Wrist Wearable Devices Market to Reach $35 billion by 2020 Wrist Wearable Devices Market | Page 15

2 MARKET OVERVIEW 2.1 GLOBAL WRIST WEARABLE DEVICES MARKET OVERVIEW Wearable devices are new forms of electronic technologies that can encompass several accessories and clothing capable of digital computation and comfortably be worn on body. The wearable devices incorporates various devices including smart watch, smart glass, health monitoring bands, activity trackers, smart clothing and many others. The wrist wearable devices refer to the specific category of devices in the wearable devices market that can be worn on the wrist. These devices are battery operated devices with various sensors integrated into them for carrying out specific monitoring and tracking activities. The eminent examples in this category include smart watch, fitness bands, sports trackers, blood pressure monitor, pulse oximeters and so on. 2.2 GLOBAL WRIST WEARABLE DEVICES TIMELINE 2014 2013 2007 1999 1975 Launch of the first wrist wearable calculator wrist watch. Samsung introduced world's first watch phone. FitBit launched fitness band in the global wearable market. Jawbone upgraded its product UP to UP 24 for wireless connectivity by syncing Bluetooth while other players such as Fitbit, Misfit and Polar kept on launching fitness bands with new functionalities. Intorduction of niche products including wrist weararble music players, video recorders, wrist chargers and many others. SOURCE: IndustryARC Analysis The wrist wearable devices have been pioneers in the wearable devices market with first wearable calculator wrist watch launched by Pulsar in 1975. Since then, electronic manufacturing