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Growing Smartphone & Digital Device Adoption is a Major Factor Fueling the Demand for Wearable Electronics in the North America Market: Ken Research

North America Wearable Electronics Market News

Impact of COVID on North America Wearable Electronics Market: The ongoing Covid-19 pandemic has benefited the demand for Wearable Electronics, but due to supply chain disruptions, the supply side of Wearable Electronics has suffered. During the months of lockdowns, numerous individuals, particularly those affected by the virus, turn to activities such as walking, running, and at-home workouts due to the rising health consciousness and awareness. As a result, they became interested in purchasing wearables like smart watches to track their progress.  So even though the demand was high, but the disrupted supply chain, limited transportation, lower workforce capacity, and restricted trade/import & export had halted the manufacturing of wearable electronics products, resulting in lower sales.

north-america-wearable-electronics-market

Adoption of Medical Monitoring and Healthcare Wearable DeviceIndividuals are now working out more as a result of the pandemic, particularly those who were affected by the virus, as most people felt weak and faced numerous health issues, such as breathing problems, anxiety, that also causes blood pressure. This encourages them to opt for wearable electronics products to regain their good health without visiting a gym, yoga studio, and ground for jogging or running.

Rising Awareness Regarding Sports & Fitness, Notably after the COVID-19 Pandemic: Wearable technology functionalities are reducing hospital visits for health problems, such as high blood pressure and tachycardia as wearables allow them to keep track of their health information without having to visit hospitals. According to a COVID-19 Healthcare Coalition poll conducted in February 2021, the majority of telehealth users were interested in monitoring chronic conditions such as high blood pressure. Blood pressure monitoring will become an even more desirable feature as wearables become more widely used in healthcare.

Analysts at Ken Research in their latest publication North America Wearable Electronics Market Outlook and Forecast to 2027 – Driven by Growing Smartphone & Digital Device Adoption, Technological Advancement, and Heightened Awareness of Health-Related Activitiesbelieve that the Wearable Electronics market is expected to grow due to the rising adoption of smart electronics devices, and health tracking equipment’s.

north-america-wearable-electronics-industry

Key Segments Covered in North America Wearable Electronics Market:-

North America Wearable Electronics Market By Product

Wrist Wear

Ear Wear and Head Wear

Eye Wear

Foot Wear

Neck Wear

Body Wear and Smart Clothing

To learn more about this study – Request for Free Sample Report

North America Wearable Electronics Market By Components

Networking and Positioning Components

Power Supply Components

Sensing Components

Optoelectronic and Display Components

Control Components

Interface Components

North America Wearable Electronics Market By Connectivity

Near Field Communication (NFC)

Cellular Network

Bluetooth Technology

Wi-Fi Network

Other Connectivity Types

North America Wearable Electronics Market By Type of End User Industry

Fitness and Sports & Tracker

Healthcare

Entertainment and Travel & Hospitality

Industrial (Logistics & Manufacturing)

Government (Defense, Security & Public Administration)

North America Wearable Electronics Market By Geography and Major Countries

U.S.

Canada

Mexico

To learn more about this study – Request for Free Sample Report

Key Target Audience:-

Wearable Electronics Products Manufacturers

Consumer Electronics Products Manufacturers

Wearable App Developers

Raw Material Suppliers for Wearable Electronics Products

Potential Investors in Wearable Electronics

Wearable Electronics Distributors

Wearable Electronics Advocacy Groups

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Major Wearable Electronics Product Companies in North America Mentioned in the Report:

Apple

Garmin

Fossil

Huawei

Samsung Electronics

Sony

LG Electronics

Fitbit

Nike

Xiaomi

Bose

To learn more about this study – Request for Free Sample Report

Notable Emerging Wearable Electronics Product Companies in North America Mentioned in the Report:

Strong Arm Technologies

Whoop

Nextiles

Nymi

Muse

Hexoskin

ADES Technologies

Machina

Key Topics Covered in the Report:-

Snapshot of North America Wearable Electronics Industry

Industry Value Chain and Ecosystem Analysis

Market Size and Segmentation of North America Wearable Electronics Market

Historic Growth of Overall North America Wearable Electronics Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Wearable Electronics Industry

Overview, Product Offerings and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Wearable Electronics Market

Future Market Forecast and Growth Rates of the Total North America Wearable Electronics Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Wearable Electronics Market in Major North American Countries

Major Production/Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Wearable Electronics Companies within Each Major Country

For more information on the research report, refer to below link:

North America Wearable Electronics Market

Related Report:-

India Consumer Wearables Market Outlook To 2025- By Type (Fitness Trackers And Smart-Watches), By Sales Channel (Online And Offline), By Price Segment (Under ₹ 1000 ,₹1000 – ₹ 10,000 , ₹10,000 – ₹ 20,000 And Above ₹ 20,000) And By Sales Region (North, South East And West)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Frequently Asked Questions:-

What is the Study Period of this Market Report?

The North America Wearable Electronics Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America Wearable Electronics Market?

The North America Wearable Electronics Market is expected to witness a CAGR of above 15% over the next 5 years.

What are the Key Factors Driving the North America Wearable Electronics Market?

Rising number of millennial parents who are increasingly health conscious and adopting natural, minimally processed food is expected to be the primary driver of this market.

Which is the Fastest Growing Product Segment within the North America Wearable Electronics Market?

Neck Wear is the fastest growing product segment within the North America Wearable Electronics Market.

Who are the Key Players in North America Wearable Electronics Market?

Apple, Garmin, Fossil Group, Huawei, Samsung Electronics, Sony, LG Electronics, Fitbit

Nike, Xiaomi and Bose are the major companies operating in North America Wearable Electronics Market.

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