United Kingdom Wearable Technology Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The United Kingdom Wearable Technology Market is expected to register a CAGR of less than 17.65% over the forecast period (2022 - 2027). Factors such as miniaturization of wearable sensors and improved communication capabilities, along with the improving abilities of these devices to facilitate the integration with various devices and machines without compromising their performance, and other functionalities, are driving the growth of the studied market.
Key HighlightsThe market studied is highly fragmented. Some of the significant players in the market are Apple Inc., Samsung Electronics Co. Ltd., Fitbit Inc., Huawei Technologies Co. Ltd., Xiaomi Corporation, and Garmin Ltd. The companies are increasing their market share by forming multiple partnerships and mergers, investing in projects, and launching new products in the market.
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