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