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Smart Watch and Fitness Band is Expected to Contribute
Two-Thirds of the US Smart Wearable Devices Market by
2021: Ken Research
Increase in health conscious consumers, more consumer friendly
devices, and acceptability at all age group and sex promoted the
sales of smart watches in the US
The report titled “The US Smart Wearable Devices Market by Type
(Fitness Bands, Smart Watch, Smart Eyewear and Others), by
Distribution Channel (Online, EBOs, MBOs, Others) – Outlook to
2021” by Ken Research suggested that market for US smart
wearables will be driven by new and upcoming technological
features. Improved integration with other devices will further boost
the demand for smart wearables.
Both existing large tech corporations such as Google, Apple and
others as well as new and emerging companies will also play a
significant role in market development.
Smart wearables created a new market segment in consumer
electronics and health devices. The companies made innovation to
make the products accessible to the normal everyday user. Fitness
wearables which earlier was restricted to use by professionals was
made simpler and cost effective for use by daily users. The market
saw sudden spurt in demand for smart wearables with introduction
of fitness bands by Fitbit. Post that, range of products was
introduced in the market which had both positive and negative
impact. The market saw entry of established players such as
Garmin, Apple, Google, Microsoft and others with few successes
and many failures. Smart watches gained significant momentum in
demand especially after they managed to work like a hybrid
phone and fitness band. Launch of Google glass was not very
successful however some other companies managed to make
improvement in smart eyewear by introducing both AR and VR
glasses.
Growth was mainly fuelled by health conscious consumers, new
gadget lovers and rising percentage of people with lifestyle diseases.
Increase was registered in the out of pocket expenses in medical and
related services which made people to focus on their health. Smart
wearables can be easily linked to smart phones and can be used for
variety of other purposes which further augmented the product
demand. Continuous innovation in the product made it more
consumers friendly and devices are easily available for wearing on
different body parts.
Key Topics Covered in the Report:
Smart Devices Market Growth drivers
Market Share Garmin US
Smart eyeglasses Market in US
Smart Wearable Health Devices Market
Smart Wearable Market Statistics
Wearable Device Market Forecasts
Smart Watch Industry Analysis
Market Share Fit bit Fitness Band
Smart Watch Fitness Band Segment
Future Outlook Smart Watch Market
Wearable Technology Market Size and Share
Wearable Technology Market in United States
For more information on the market research report please
refer to the below link:
https://www.kenresearch.com/consumer-products-and-
retail/luxury-goods/us-smart-wearable-devices-
market/142266-95.html
Related Report by Ken Research
https://www.kenresearch.com/consumer-products-and-
retail/luxury-goods/india-watch-market-research-report/419-
95.html
https://www.kenresearch.com/consumer-products-and-
retail/luxury-goods/singapore-luxury-goods-market-research-
report/477-95.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

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Market Share Fitbit Fitness Band, Smart Watch Fitness Band Segment, Wearable Device Market Forecasts - Ken Research

  • 1. Smart Watch and Fitness Band is Expected to Contribute Two-Thirds of the US Smart Wearable Devices Market by 2021: Ken Research
  • 2. Increase in health conscious consumers, more consumer friendly devices, and acceptability at all age group and sex promoted the sales of smart watches in the US The report titled “The US Smart Wearable Devices Market by Type (Fitness Bands, Smart Watch, Smart Eyewear and Others), by Distribution Channel (Online, EBOs, MBOs, Others) – Outlook to 2021” by Ken Research suggested that market for US smart wearables will be driven by new and upcoming technological features. Improved integration with other devices will further boost the demand for smart wearables.
  • 3. Both existing large tech corporations such as Google, Apple and others as well as new and emerging companies will also play a significant role in market development. Smart wearables created a new market segment in consumer electronics and health devices. The companies made innovation to make the products accessible to the normal everyday user. Fitness wearables which earlier was restricted to use by professionals was made simpler and cost effective for use by daily users. The market saw sudden spurt in demand for smart wearables with introduction of fitness bands by Fitbit. Post that, range of products was introduced in the market which had both positive and negative impact. The market saw entry of established players such as Garmin, Apple, Google, Microsoft and others with few successes and many failures. Smart watches gained significant momentum in demand especially after they managed to work like a hybrid
  • 4. phone and fitness band. Launch of Google glass was not very successful however some other companies managed to make improvement in smart eyewear by introducing both AR and VR glasses. Growth was mainly fuelled by health conscious consumers, new gadget lovers and rising percentage of people with lifestyle diseases. Increase was registered in the out of pocket expenses in medical and related services which made people to focus on their health. Smart wearables can be easily linked to smart phones and can be used for variety of other purposes which further augmented the product demand. Continuous innovation in the product made it more consumers friendly and devices are easily available for wearing on different body parts.
  • 5. Key Topics Covered in the Report: Smart Devices Market Growth drivers Market Share Garmin US Smart eyeglasses Market in US Smart Wearable Health Devices Market Smart Wearable Market Statistics Wearable Device Market Forecasts Smart Watch Industry Analysis Market Share Fit bit Fitness Band Smart Watch Fitness Band Segment Future Outlook Smart Watch Market Wearable Technology Market Size and Share Wearable Technology Market in United States
  • 6. For more information on the market research report please refer to the below link: https://www.kenresearch.com/consumer-products-and- retail/luxury-goods/us-smart-wearable-devices- market/142266-95.html Related Report by Ken Research https://www.kenresearch.com/consumer-products-and- retail/luxury-goods/india-watch-market-research-report/419- 95.html https://www.kenresearch.com/consumer-products-and- retail/luxury-goods/singapore-luxury-goods-market-research- report/477-95.html
  • 7. Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204