Press release content from Wired Release. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Wired Release
Press release content from Wired Release. The AP news staff was not involved in its creation.

Demand For Global Wearable Technology Market In Driven By High Adoption Of Smart Devices Among Individuals

November 5, 2019 GMT

Pune, Maharashtra, November 05, 2019 (Wired Release) Prudour Pvt. Ltd. – Wearable technology also referred to as wearables and wearable devices is electronic technology that is worn on the body. They are designed to wear comfortably by the end user as this technology is incorporated with accessories and clothing. Wearables are small and compact I design so they can be easily worn by individuals. It contains scanning features and various types of sensor for its function. Wearable devices contain a small rechargeable battery, such as alkaline batteries, nickel-metal-hybrid or lithium-ion or lithium-ion polymer batteries. Wearable technology  also can be connected to other smart devices using Bluetooth, Wi-Fi, etc. This technology operates on similar tasks done by the use of laptops, smartphones, and PCs.

Wearable devices include smart glasses, smart clothing, smart watches, earphones, wearable cameras, body monitors, and various fitness and wellness devices. They are convenient, portable, seamless, as well as offers uninterrupted contact with the computer or any other type of electronic gadget. Wearables can be removed easily unlike smart tattoos or implanted microchip. Availability of various type of wearables in affordable cost is making consumers more inclined towards its usage.

Wearable technology is used for sending messages and mails, making and receiving calls, and unlocking smartphones. They are also being used for various Internet of things applications such as controlling the temperature of the air conditioner, switching on and off lights, and many more. Increasing use of wearables for its various applications and rising preference for convenient electronic devices among end users are resulting into high demand for wearable technology.

Wearable devices provide a convenient tracking system for monitoring the health, exercise, and well-being of an individual. Wearables are also being used in the healthcare sector to keep a check on overall we-being of patients and keep constant track of their health. Wearable devices are also used by individuals, who work in hazardous conditions such as mining workers, oil and gas industry workers, firefighters, and others with high-risk jobs. These devices are used for the monitoring health condition of an individual, and also tacker installed in wearables makes it easy to keep track of their location. Increasing adoption of wearables in various sectors for its applications is a factor resulting into its high usage.

There is high adoption of wearable devices among individuals in North America, owing to the presence of prominent players in this region and high adoption of advanced technologies in various industries. Increasing demand of wearable in countries in the Asia Pacific is began due to increasing awareness regarding the advantages of wearable technology and high adoption of smart devices among individuals. In addition, growing consumer electronic sector in countries such as China, India, Japan, and South Korea is anticipated to the high availability of smart devices in affordable cost in this region.

By type, the wearable technology market is categories into a smartwatch, smart wristband, wearables and augmented reality. By application, the wearable technology market is categories into fitness and wellness, healthcare and medical, infotainment and enterprise and industrial. Key players of wearable technology market include Fitbit, Apple, Samsung, Sony, Motorola/Lenovo, LG, Pebble, Garmin, Huawei, XIAO MI, Polar, Wahoo fitness, EZON, Jawbone, Inc., and Google Inc.

Source:  https://scoop.market.us/demand-for-global-wearable-technology-market-in-driven-by-high-adoption-of-smart-devices-among-individuals/