Digital Disruption Report, Wearable Technology Report

Smartwatches are overtaking fitness trackers in the wearable tech industry

As the technology in our world keeps changing and evolving, wearable tech is on the rise. It is important for consumers and businesses to have access to wearable tech such as smartwatches and monitors to aid in a number of industries.

Wearable technology is on the rise, and with improving capabilities of smartwatches including cellular connectivity, health monitoring, and contactless payment – there is an increasing demand in the market.

  • What you will discover...
  • The popularity of fitness trackers is fading due to limited capabilities
  • Explore a timeline charting the development of wearable tech
  • Apple is a dominant player in the market, as well as Samsung, Huawei, and Google

Stay in the know with wearable tech trends…

Ed Thomas, Principal Analyst for Technology Thematic Research commented:

“Over the next few years, wearable devices will become smarter, as they incorporate technologies like artificial intelligence and augmented reality and so their relevance, particularly to enterprise users across industries, will only increase.”

Global wearable tech revenue 2018-2023

The wearable tech industry was worth nearly $23bn in 2018 and is forecast to reach $54bn by 2023. We discuss the companies and trends driving this growth – Alphabet, Apple, Fitbit, Garmin, Huawei, Microsoft, North, Plantronics, Qualcomm, Samsung, Sony, Vuzix and Xiaomi

GlobalData’s thematic research provides in-depth analysis of the global wearable tech market. It takes both historical and forecast data to compile a true snapshot of the industry along with an understanding of wearable technologies such as smartwatches, smart glasses, fitness trackers, smart clothes, and hearables.

Make smarter business decisions and dominate your industry with our thematic research report.

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