Wearable electronics are devices worn by an individual as clothing to deliver the intelligent assistance that increases the memory, intellect, creativity, communication, and physical senses. It involves products such as smart rings, wristwear such as wrist bands and smartwatches, smart earphones, smart clothing with sensors, fitness and sports shoes, athletic shoes, and several other products such as neckwear and headbands. These are integrated computing devices that allow the wireless networking and mobile computing for the users to improve their day-to-day activities.
According
to the report analysis, ‘North
America Wearable Electronics Market Outlook and Forecast to 2027’ states
that the North America wearable electronics market is projected to observe the
annual growth around ~xx% over the next five years propelled by growth in
technological innovations, increase in awareness & utilization of wearable
electronics and a growth in requirement for constant connection between individuals,
places, and things. The market is projected to develop because of the robust
presence of leading companies within the United States and their aim on this
region, an augment in the rate of urbanization, and a growth in requirement for
advanced electronics. Other foremost drivers of the industry involve the growing
requirement of consumers for communication, networking, and positioning. Also, augmenting
the disposable income and internet penetration is leading to growth in the
wearable electronics market.
The
greater price of manufacturing these smart-wearable devices is considered to be
one of the foremost challenges for manufacturers within this region and is projected
to limit the growth of the smart wearable electronics market. Other challenges
are undesirable effects of radiation on the human health.
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In
addition, the significant impacting aspects in the wearable electronics market involve
lower device cost owing to the emergence of a great number of manufacturers, increment
in awareness among customers for health-related activities, and augment in utilization
among customers of varied age profiles for patient tracking systems. However,
surge in number of clients adopting digital devices and existence of internet
mobility is projected to limit the growth of the wearable electronics market.
Conversely, increment in investment on building a connected ecosystem is anticipated
to propose the remunerative wearable electronics market opportunities. Each of
these aspects is projected to have a definite impact on the market during the review
period.
Key
Segments Covered in North America Wearable Electronics Market:-
North America Wearable
Electronics Market By Product
Wrist-Wear Electronics
Eye-Wear Electronics
Foot-Wear Electronics
Neck-Wear Electronics
Body-Wear Electronics
North America Wearable
Electronics Market By Components:-
Networking and
Positioning Components
Power Supply
Components
Sensing
Components
Optoelectronic
and Display Components
Control
Components
Interface
Components
North America Wearable
Electronics Market By Connectivity:-
Cellular Network
Near Field
Communication (NFC)
Bluetooth
Technology
Wi-Fi Network
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North America Wearable
Electronics Market By End User:-
Fitness and
Sports
Healthcare and
Life Sciences
Media and
Entertainment
Apparel and
Fashion
Government and
Military Defense
North America Wearable
Electronics Market By Geography:-
U.S.
Canada
Mexico
Key Competitors in North
America Wearable Electronics Market:-
Apple Inc.
Samsung
Electronics
Google
Garmin
Fitbit
Huawei
Technologies Co. Ltd.
Sony Corporation
Nike
Time
Period Captured in the Report:-
Historical
Period: 2017-2021
Forecast
Period: 2022-2027
Key
Target Audience:-
Wearable
Electronics Manufacturers
Wearable
Electronics Product Assemblers
Consumer
Electronics Companies
Wearable
Technology Developers
Wearable
Electronics Raw Materials and Components Suppliers
Value-Added
Resellers (VARs)
Potential
Investors in Wearable Electronics Companies
For More Information, refer to
below link:-
North
America Wearable Electronics Market
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
