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The speedy acceptance of Smart devices has placed Wearable Technology at the forefront of the Internet of things (IoT).
The speedy acceptance of Smart devices has placed Wearable Technology at the forefront of the Internet of things (IoT).
The global wearable technology market is estimated to be valued at US$ 17,142.3 million in 2021 and is expected to exhibit a CAGR of 45.4 % over the forecast period (2021-2028).

Wearable Technology, also known as wearables, are smart electronic devices that are worn near to or on the skin's surface that can detect, analyse, and communicate information about the body, such as vital signs. Wearable gadgets like activity trackers are good examples of the Internet of Things, which allows an object to communicate data with a maker through the Internet.

Customers are constantly drawn to items with a sleek design and multi-functionality, and wearable technology products provide these benefits, which are anticipated to increase demand for wearable technology products. Aside from that, hand-worn terminals are increasingly being employed in the industrial and military sectors to provide map and route information.

 

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