Smart Watches and Smart Bands to Lead Global Wearable Computing Devices Market

Wearable computing devices are user-friendly, autonomous, and aesthetically designed gadgets to make a value addition to a consumer’s lifestyle. Also known as wearables, these device source Internet from cellular packed data, WiFi or Bluetooth and to make connections with other connected devices.


Albany, NY -- (SBWIRE) -- 09/03/2015 -- A new analytical research report, compiled by Future Market Insights (FMI) has been added to the growing research database of Market Research Reports Search Engine (MRRSE). The report discusses in detail the growing global computing devices market, presenting accurate historical data charting the development of each segment of the market over the years, profiling major players in the computing devices market, and describing the potential effect of various factors affecting the market's growth from 2013 to 2020 either positively or negatively. The 120-page research report is thus an invaluable tool for any existing or prospective market stakeholder, due to the crucial aid it supplies in formulating market entry, market expansion, and other business strategies.

The report segments the global computing devices market by product type, adoption, and geography. The segments formed according to each criterion are analyzed in detail to provide comprehensive information about the breakdown of the market.

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By product type, the global wearable computing devices market is divided into smart accessories, smart fitness devices, and smart textiles. Smart accessories, comprising smart watches and smart wrist bands, are expected to lead the development of the wearable computing devices market in the coming years due to their nonintrusive incorporation into everyday life. The report includes historical statistics about the demand for each type of wearable computing devices in terms of volume, and a comparative analysis describing the market share held by each segment.

The non intrusive nature of smart watches and bands helps ameliorate the effect of the prime restraint on the wearable computing devices market: Their perception as a fashion item and lack of understanding about their true functionality. A growing tech-savvy population pool around the world will also help the market in this respect, expanding the potential consumer base of the wearable computing devices market. The popularity of gadgets such as Apple Watch and Google Glass is expected to usher in a new dawn for the wearable computing devices market.

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According to the geographical distribution of the global wearable computing devices market, the regional markets in North America, Asia Pacific, the Middle East and Africa (MEA), Latin America, Eastern Europe, and Western Europe are examined in the report. Value projections and year-on year growth forecasts are made for each segment for the period between 2013 and 2020. The Japan market for wearable computing devices in particular is examined in detail, as it is one of the largest national markets for wearable computing devices.

The report presents a business overview and SWOT analysis of major players in the wearable computing devices market such as Apple, Google, Adidas, Nike, Fitbit, and Siemens Healthcare.

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