Wrist Wearable Market
Wrist Wearable Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0533
Segments Covered
By
Application Healthcare, Information Control, Entertainment, Lifestyle and Wellness, Sports and Fitness, Defense, Enterprise, Industrial and Others
-
By
Product Type Activity Trackers, Healthcare Monitors, Lifestyle Bands, Infotainment Devices and Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
2.5 Billion |
 Revenue 2028:
|
4.05 Billion |
 Revenue CAGR
(2021 - 2028): |
6.2 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Application, Product Type and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Application, the market is divided into Healthcare, Information Control, Entertainment, Lifestyle and Wellness, Sports and Fitness, Defense, Enterprise, Industrial and Others. Healthcare is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Product Type, the market is divided into Activity Trackers, Healthcare Monitors, Lifestyle Bands, Infotainment Devices and Others. attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Wrist Wearable Market: Application Segment Analysis
-
- Healthcare
- Information Control
- Entertainment
- Lifestyle and Wellness
- Sports and Fitness
- Defense
- Enterprise
- Industrial and Others
Global Wrist Wearable Market: Product Type Segment Analysis
-
- Activity Trackers
- Healthcare Monitors
- Lifestyle Bands
- Infotainment Devices and Others
FAQ
Frequently Asked Question
What is the global demand for Wrist Wearable in terms of revenue?
-
The global Wrist Wearable valued at 2.5 Billion in 2020 and is expected to reach 4.05 Billion in 2028 growing at a CAGR of 6.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Martian, Fitbit, Amiigo, Lenovo, Xiaomi, Jaybird, AsusTek Computer, Apple, LG Electronics, Samsung Electronics, Atlas Wearables, Adidas, Garmin..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Wrist Wearable include
- The growing demand of wearable devices in various applications such as medical, fitness tracking, and infotainment, among others is the primary factor for the growth of the wrist wearable devices market. With this, the rising usage of smart devices is also playing a significant role in driving wearable devices market during the forecast period.
- The ease use of such wearable devices and the growing shift towards the wearable interface and analytics is further expected to fuel the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Wrist Wearable in 2020.
