Wearable Technology Market Size & Share
Wearable Technology Market Wearable Technology Market is projected to grow at a CAGR of 17% and expected to reach USD 313.4 Billion over the forecast period (2020-2027). The factors driving the growth of Wearable Technology Market includes increasing penetration of mobile internet services and integration of advanced technologies such as Internet of Things (IoT) with smart devices. As per Economic Times, Smartwatch Market in India grew at a record 173% during the first quarter of 2022, on the other hand wireless earbuds category surged a remarkable growth of 66% on-year, which will boost the Wearable Technology Market size in India. Moreover, the growing health consciousness towards obesity, diabetes and high Cholesterol are surging the demand for smart wearables to track and monitor physical health. In addition, the growing adoption of smart wearable technologies across different industries such as Defense, Entertainment and Healthcare, would accelerate the demand for smart wearable ...