Adidas Is One Of The Largest Players In The Smart Wearables Market, According To The Business Research Company’s Smart Wearables Market Global Report 2020-30: COVID-19 Growth and Change
(Companies Covered: Apple Inc., Samsung, Google, Xiaomi, Nike, Motorola Solutions Inc., Garmin, Jawbone, Misfit, Polar, Huawei, BBK(XTC), Razer, Fossil Group Inc, Medtronic PLC, Transcend Information Inc., Adidas AG., Sony Corporation, Huawei Technologies Co., Ltd., LG Electronics Inc., Fossil Group)
The global smart wearables market is expected to grow from $13.2 billion in 2019 to $16.12 billion in 2020 at a compound annual growth rate (CAGR) of 22.37%. The growth is mainly due to the COVID-19 outbreak that has led to that has increased sales of smart wearables that help trace the contact for COVID-19. The market is then expected to reach $24.5 billion in 2023 at a CAGR of 15.05%.
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The smart wearables market consists of sales of smart wearable devices and related services for tracking vital pieces of data related to the health and fitness of the human body. Smart wearables are any form of an electronic device intended to be worn on the human body.
Global Smart Wearables Market Segmentation –
The smart wearables market covered in this report is segmented
1. By Device: Smart Watches, Smart Glasses, Fitness & Wellness Devices, Smart Clothing, Others
2. By Application: Lifestyle, Healthcare, Consumer Applications, Defense, Fitness & Sports, Enterprise & Industrial.
Global Smart Wearables Market Drivers –
The increasing demand for wireless sports and fitness devices is projected to drive the smart wearables market. There is a rapid growth in the use of smart devices such as smartwatches among cyclists, runners, gym-goers, swimmers, and athletes to track the calories burnt, hourly activity, stationary time, and activity time.
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A Few Points From The Global Smart Wearables Market ToC
1. Executive Summary
2. Smart Wearables Market Characteristics
3. Smart Wearables Market Size And Growth
3.1. Global Smart Wearables Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Smart Wearables Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Smart Wearables Market Segmentation
5. Smart Wearables Market Regional And Country Analysis
5.1. Global Smart Wearables Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Smart Wearables Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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