WEARABLE SENSORS MARKET ANALYSIS
Strong competition between manufacturers and safety concerns restrict the market growth
However, low consumer awareness and safety concerns for security data is a major restraint for growth of wearable sensors market. Moreover, lack of clarity for health communication protocol using wearable device and interoperability issues is expected to hinder the growth of market. Due to low-cost alternatives, intense competition is faced by key manufacturers, which is another factor hindering the growth of global wearable sensors market growth.
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