According to a new report published by Allied Market Research, titled, “Wearable Technology Market,” by Product Type, Application and Devices: Global Opportunity Analysis and Industry Forecast, 2022-2031,” the Wearable Technology Market size was valued at at $54,841.40 million in 2020, and is estimated to reach $184,403.60 million by 2031, growing at a CAGR of 12.8% …
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Wearable Technology Market revenues will grow nearly 12.8% from 2022 to 2031 | North America is expected to be the leading contributor
The wearable technology industry in Asia-Pacific is expected to grow at the fastest rate during the forecast period, owing to growth in urbanization, improved living standards of the consumers, and introduction of various innovative wearable features that help minimize regular tasks. Furthermore, continuous economic development in countries, such as India, China, and Australia is expected …