Wearable Technology Market, By Application Type (Fitness and Wellness, Infotainment, Healthcare and Medical, Industrial and Military),By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI4771

Pages :170

Formats :

Excel and PDF

Industry : Smart Technologies

Market News

Global Wearable Technology Market: Key Developments

Key companies in the market are focused on product launches, in order to enhance the product portfolio. For instance, in January 2020, Suunto Oy, a Finland-based sport swatch company, launched Wear OS smartwatch.

In September 2020, Samsung Electronics Co., Ltd., a South Korea-based electronics company launched the first-ever titanium model of Galaxy Watch3, built with premium materials and a stunning signature rotating bezel. The watch features military-grade durability and water resistance.

In September 2020, Apple Inc., a U.S.-based electronics company launched Apple Watch Series 6 and Apple Watch SE for significant developments in health and wellness features to iPhone, iPad, and Apple TV. Apple Watch Series 6 expanded the health capabilities of previous Apple Watch models with a new feature that measures the oxygen saturation of blood for a better understanding of fitness and wellness.

In April 2021 FitBit Inc., announced the launch of Luxe, a new fashion-forward wellness and fitness tracker with stress and sleep monitoring features.