openPR Logo
Press release

US Wearable AI Market: Industry Growth, Market Size, Share and Forecast 2019-2025

01-20-2020 12:17 PM CET | IT, New Media & Software

Press release from: Orion Market Reports

US Wearable AI Market

US Wearable AI Market

The US Wearable AI Market is estimated to grow significantly at a CAGR of over 28.6% during the forecast period. The factors contributing to the US wearable AI market include investments in R&D, high expenditure on IT and ICT industry by government and private investors, and the presence of key players. The favorable government initiatives in product development and innovation along with the collaboration between the private and government sector to develop AI technology in the region further spurs the growth of the market.

To learn more about US Wearable AI Market report request a free sample copy @ https://www.omrglobal.com/request-sample/us-wearable-ai-market

The region has well-developed ICT infrastructure and has witnessed a huge adoption of a large number of connected devices. The presence of major AI players such as Microsoft, IBM, and Google in the US further gives a boost to the growth of the market in the region. Moreover, high internet penetration is one of the major factors that is augmenting market growth in the US.

The US houses many AI-based companies, such as Apple Inc., Fitbit Inc., Google LLC, Oracle Corp., Garmin Ltd., and many others, which results in its increased adoption across the region. As a result, several players present in the market are making their move towards the regional market for developing an assemblage of AI capabilities. The rapid advancement in advanced technologies such as wearable devices embedded with AI and their increasing adoption in the various end-user industries has encouraged many players to make their way into the image recognition market.

The market is segmented on the basis of product type and application. Based on the product type, the market is segmented into smart watches and fitness band, eyewear, ear wear, and others. AI-based smart watches and fitness bands segment is estimated to hold a significant share and is estimated to show optimistic growth during the forecast period owing to the increasing product launches for AI-based smart watches and fitness band. Further, on the basis of application, the market is segmented into consumer electronics, gaming, enterprise, and others.

A full report of US Wearable AI Market is available at: https://www.omrglobal.com/industry-reports/us-wearable-ai-market

US Wearable AI Market-Segmentation

By Product Type
• Smart watches and Fitness Bands
• Eyewear
• Ear wear
• Others

By Application
• Consumer Electronics
• Gaming
• Enterprise
• Others

Company Profiles
• Apple Inc.
• Empatica Inc.
• Garmin Ltd.
• Google, LLC
• IBM Corp.
• Intel Corp.
• Microsoft Corp.
• Oracle Corp.
• PhysIQ
• Sensoria, Inc.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-wearable-ai-market

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +1 646-755-7667, +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release US Wearable AI Market: Industry Growth, Market Size, Share and Forecast 2019-2025 here

News-ID: 1901081 • Views: …

More Releases from Orion Market Reports

Electronic Films Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Electronic Films Market Size, Trends, Latest Insights, Analysis and Forecast 202 …
Global electronic film market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2024-2031). Innovations and advancements in the polymer films to make them more compatible in use for several different applications is a major factor promoting the growth of the global electronic films market. For instance, in October 2018, an interdisciplinary team of scientists at the University of Massachusetts Amherst had produced a new…
Yoga Clothes Market: Embracing Comfort and Style with Projected Growth by 2031
Yoga Clothes Market: Embracing Comfort and Style with Projected Growth by 2031
Yoga Clothes Market is experiencing robust growth as more individuals embrace yoga and fitness as part of their lifestyle. Yoga apparel not only offers comfort and flexibility but also reflects personal style, driving its increasing popularity across various demographics. According to recent market research, the Yoga Clothes Market is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2031. Important changes in the business…
Outbound Medical Tourism Services Market Analysis, Size, Current Scenario and Future Prospects
Outbound Medical Tourism Services Market Analysis, Size, Current Scenario and Fu …
Outbound Medical Tourism Services Market is experiencing robust growth as patients seek high-quality, cost-effective medical care across borders. Outbound medical tourism involves traveling from one's home country to another for medical treatments and procedures. According to recent market research, the Outbound Medical Tourism Services Market is projected to grow at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2031. Important changes in the business allow key players…
B2B Returnable Packaging Market: Enhancing Sustainability and Efficiency in Supply Chains
B2B Returnable Packaging Market: Enhancing Sustainability and Efficiency in Supp …
B2B Returnable Packaging Market is experiencing significant growth as businesses seek sustainable and cost-effective packaging solutions. Returnable packaging, designed for multiple uses, helps companies reduce waste, optimize supply chains, and improve overall operational efficiency. According to recent market research, the B2B Returnable Packaging Market is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2031. Important changes in the business allow key players to…

All 5 Releases


More Releases for Wearable

Wearable Injectors Market | On-body Wearable Injectors, Off-body Wearable Inject …
A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order…
WEARABLE TECHNOLOGY REVOLUTION IN THE HEALTHCARE INDUSTRY BY DEVICES (WEARABLE M …
The various scientific advancements are constantly transforming the healthcare industry to improve patient care and diagnosis. The advent of smart wearable technology is modifying the healthcare industry in the form of wearable medical devices. Let’s take a look at some of the most trending gadgets that are enhancing the lives of patients using this user-friendly wearable technology: Biopatches, Bands, and Phone Pads for Heart Rate Monitoring: Biopatches are lightweight, wireless diagnostic wearable…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
Wearable Medical Device Market: Wearable health devices offer ‘stitch in timeâ …
Market Highlights Increasing penetration of smartphones and rising number of smartphone based healthcare applications compatible with devices is expected to spur the market demand over the forecast period. Furthermore, growing awareness about physical fitness and increasing preferences for wireless connectivity among the healthcare providers is also projected to impact the industry growth positively. North America regional market is projected to dominate the wearable medical device market, followed by Europe which can…
Wearable Technology and IOT Wearable Device Market - The Adoption of Wearable De …
The global wearable technology and IoT wearable device market is foretold to witness lucrative business prospects owing to the ever-increasing demand for wearable devices. Wearable technology includes smart electronic devices that can be worn on the body as accessories. Wearable devices such as smart watches are a good example of Internet of Things. The application base of wearable technology is expanding with the expansion of the technology itself. Consumer electronics such…
Wearable Fitness Technology Market - Increasing Consumer Preferences Regarding W …
Wearable fitness technology concerns any kind of electronic product that have been designed to be worn by the person so that it can keep a track of its footsteps, heartbeat so that one can keep himself fit and fine and also give a real time information about the health of the overall body. The global Wearable Fitness Technology market is anticipated to witness a robust growth rate during the forecast…