Wearable Technology Market Expected to Reach $196.5 Billion By 2022
“Increasing Smartphone Penetration Worldwide Is Expected To Propel Industry Growth Over The Forecast Period, Owing To Increasing Wearable Device Compatibility.�
Global Wearable Technology Market is anticipated to reach USD 196.5 billion by 2022, according to a new study by Grand View Research, Inc. Research and development investment by large number of industry player is expected to fuel growth over the forecast period. Increasing disposable income worldwide is expected to fuel industry growth over the forecast period. Technological advancement, price, quality, and battery life influence the buying decision of the end-users. The emergence of 3D printing solution and crowd funding is expected to positively impact the wearable technology market. Access Full Research Report on Wearable Technology Market: http://www.grandviewresearch.com/industry-analysis/wearable-technologymarket Increasing smartphone penetration worldwide is expected to propel industry growth over the forecast period, owing to increasing wearable device compatibility.
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