Global Smart Wearables Sales Market Report 2022

In recent years, development in technology has changed the attitude of living of human beings. People are experiencing those things, which they only dreamed about decades ago and was considered as impossible in real life. Wearable technology is that technology which has changed the lifestyle of human beings. Wearable technology has been around for many years, but the craze of wearable technology begins when the prototype of Google Glass was first developed. The prototype of Google Glass has changed the view point of individuals. It helped users to start thinking beyond reality. Before the prototype, users were unaware about wearable technology. Nowadays there are various exciting products that are available in the markets and in the future it is expected to play an important part in our daily lives.
This report studies the Smart Wearables market, which covers the consumer Smart Wearables device. Smart wearable technology is defined as the gadgets which are worn on, or attached to, the body, while being used; and smart wearables use application-enabled advanced computing and wireless technologies to process the inputs. Some of the consumer smart wearable devices are Google Glass, Samsung Gear, Nike wristbands and Google cardboard. These devices are used for fitness, healthcare, lifestyle, and entertainment purposes.
Market Analysis and Insights: Global Smart Wearables Market
Due to the COVID-19 pandemic, the global Smart Wearables market size is estimated to be worth US$ 19220 million in 2021 and is forecast to a readjusted size of US$ 19220 million by 2028 with a CAGR of 11.8% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Smart Wearables global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Apple is the world leading brand in global Smart Wearables market with the market share of 37%, in terms of revenue, followed by Fitbit, Samsung and Huawei.
Global Smart Wearables Scope and Market Size
The global Smart Wearables market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Smart Wearables market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Fitness Band
Smart Watches
Smart Glasses
Others
Segment by Application
Fitness and Wellness
Infotainment
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Fitbit
Xiaomi
Apple
Garmin
Samsung
Jawbone
Misfit
Polar
Moto
Huawei
BBK(XTC)
Lifesense
Razer