Wearable technology market was valued at USD 116.2 billion in 2021 and is anticipated to reach USD 265.4 billion by 2026, growing at a CAGR of 18.0% between 2021 to 2026
New York, April 23, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announces the release of Wearable Technology Market by Product, Type, Application and Geography report - Global Forecast to 2026 - https://www.reportlinker.com / p04664172 /? utm_source = GNW The growing demand for wearable technology in applications such as sports and fitness tracking, as well as multi-function mobile devices and hybrid applications, is expected to provide great growth opportunities for the wearable technology market. The consumer electronics segment saw the largest shipments of wearable devices in 2020 The consumer electronics segment saw the largest shipments of wearable devices in 2020. The reason this market is growing is because the majority of consumers are using wearable technology products to meet their health and fitness tracking needs. Wearable technology and the development of related mobile apps continue to increase the benefits of wearable devices (such as smartwatches and smart bands). In