Reportstack has announced a new market research report on the Global Smart Wearable Lifestyle Devices and Services Market 2015-2019. The Global Smart Wearable Lifestyle Devices market is expected to grow at a high CAGR of 35.14 percent and the Global Smart Wearable Lifestyle Services market is expected to grow at a high CAGR of 39.06 percent during 2014-2019.
“Consumers have started using smart watches, wrist bands, and wearable rings to monitor their daily fitness and health activity, listen to music, stream virtual/3D videos, virtual gaming, and accessing social networking websites such as Facebook, LinkedIn, and Twitter through wearable screens,”.
Complete report with TOC available @ Global Smart Wearable Lifestyle Devices and Services Market 2015-2019.
“Wearable device providers worldwide have surged their investment in R&D to spread the development of innovative products to boost market revenue and remain competitive in the market.”
Key Market Drivers
Increased Demand for Wearable Lifestyle Devices
Increased Use of Smart Glasses
Increased Focus on R&D
Key Market Trends
Advances in Technology
Decline in ASP of Wearable Devices
Increased VC Funding for Lifestyle Devices
Key Market Vendors
Jawbone (Aliph Inc.)
LG Electronics Inc.
Samsung Electronics Co. Ltd.
To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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