North America Smart Wearables Market is estimated to grow at a CAGR of 9.57% during the forecast period. North America Smart Wearables Market is expected to reach US$ 25.24 Bn. in 2027 from US$ 14.58 Bn in 2021.
During the forecast period, the North American smartwatch market is expected to rise at a CAGR of 9.57 percent. The growth of the North American Smart Wearable market is being fueled by increased smartphone penetration and rising public awareness about personal health and fitness. In addition, smart wearables with unique features like monitoring, notifications, and connection have piqued consumer attention in recent years.
North America Smart Wearables Market Scope:
This Stellar Market Research report divides the North America Smart Wearables market into several segments based on manufacturers, regions, product types, and application areas. The value, output, and consumption of a market can be used to calculate its size. This Stellar Market Research (SMR) report covers a variety of topics, including distribution channels, Porter's Five Forces Report, market share, size, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers.
North America Smart Wearables Market Overview:
The SMR North America Smart Wearables Market report examines the upstream, midstream, and downstream industries' historical and projected growth. The market study goes into great detail about the overall market size, overall revenue, and market segmentation. The SMR research thoroughly considers a variety of factors, including current market competition, potential growth barriers, and profiles of key manufacturers, as well as production and consumption by relevant areas.
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North America Smart Wearables Market Drivers:
The smart wearable market in the United States is looking promising, with the number of linked wearable devices in North America estimated to reach 439 million by 2022. In 2022, North America is expected to have the most 5G connections made through wearable devices. The 439 million connections in North America would be 222 million higher than the 4G connections made in 2017.
North America Smart Wearables Market Segmentation:
the North America Smart Wearables Market is segmented into neck-wear, foot-wear, wrist-wear, body-wear, eye-wear, and head-wear, and others. The wrist-wear segment dominated the market, with more than 50% of the overall market share. A mobile application could be combined with a fitness wristwatch or band to provide the user with essential fitness data and statistics. GOQii, Apple, Fitbit, and Nike are among the leading wrist-wear manufacturers for sports and fitness applications.
Key Players:
Apple Inc. (U.S.)
Fitbit Inc. (U.S.)
Fossil Group Inc. (U.S.)
Garmin Ltd. (U.S.)
Google LLC (U.S.)
Microsoft Corporation (U.S.)
Qualcomm (U.S.)
Jawbone (U.S.)
Motorola Solutions Inc. (U.S.)
Nike (U.S.)
Misfit (U.S.)
The SMR report also includes information on the North America Smart Wearables market's leading players, such as company profiles, product images and specifications, output and capacity figures, pricing and cost information, revenue information, and contact information. It examines the requirements for raw materials, machinery, and upstream and downstream procedures.
North America Smart Wearables Market Regional Analysis:
The market's five geographical regions are the Middle East and Africa, South America, North America, Asia Pacific, and Europe. Stellar Market Research presents all market sub-segments and significant geographic divisions. We investigate regional evolution in terms of market size, share, and volume in this SMR report. This Stellar Market Research North America Smart Wearables industry report includes an in-depth analysis of business chain structures, opportunities, and the most recent market news, as well as data, geographic breakdowns, and revenue.
Key Questions answered in the North America Smart Wearables Market Report are:
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In 2018, Stellar Market Research, an organization based in India, was founded. Its area of expertise is long-term planning and consulting services to help clients meet their organisational transformation goals.
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Dec 03, 2022