Global Smart Wearable Lifestyle Devices and Services Market Growth of CAGR of 15.75%, 2016-2020
October 4, 2016 | Business WireEstimated reading time: 1 minute
The analysts forecast the global smart wearable lifestyle devices and services market to grow at a CAGR of 15.75% during the period 2016-2020.
Smart wearable lifestyle devices are portable devices fastened on a user's body to measure the parameters related to their health and well-being helping them to take a proper decision regarding them. For instance, a wearable lifestyle device used to measure the quality of sleep helps in analyzing a user's sleeping habits and taking precaution accordingly. Similarly, a smart glass enables a user to read a barcode of a product and acquire detailed information about the product to make the right purchasing decision.
The report covers the present scenario and the growth prospects of the global smart wearable lifestyle devices and services market for 2016-2020. To calculate the market size, the report considers the revenue generated by telecommunication operators in the smart wearable services market. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, growing use of smart glasses will be a key driver for market growth. Smart glasses are portable devices that provide real-time entertainment and gaming experiences to end-users. These glasses enable users to capture 3D images, stream virtual videos, and enhance their virtual gaming experience.
Suggested Items
PC Client CPU Shipments in 1Q24 Up 33% YoY
05/10/2024 | Jon Peddie ResearchJon Peddie Research reports the growth of the global PC client-based CPU units market reached 62 million units in Q1’24, a decrease of -9.4% quarter to quarter and a 33% growth from Q1’23.
Omdia: OLED Monitor Display shipments to surge by 123% YoY as Top Brands Embrace its Technology in 2024
05/09/2024 | PRNewswireOLED monitor display shipments significantly increased in 2023, following an upsurge of 415% year-over-year (YoY), according to Omdia's Monitor Display & OEM Market Tracker. This trend is set to continue with Omdia forecasting a 123% YoY increase in 2024, reaching 1.84 million units, driven by industry leaders Samsung Display and LG Display.
IDTechEx Report: Illuminating the Future of Lidar in Automotive
05/09/2024 | PRNewswireIn the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry.
Sondrel Awarded New Video Processor ASIC Design and Supply Contract
05/09/2024 | SondrelSondrel, a leading provider of ultra-complex custom chips for leading global technology brands, is pleased to announce that it has won a major ASIC design and supply contract for a next generation, video processing chip.
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
05/08/2024 | IDCWorldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker.