HSBC Bank, USA N.A., a member of the HSBC Group, one of the largest banking and financial services companies in the world, and Samsung Electronics unveiled information about the HSBC is utilizing Samsung wearable technology to improve the customer and bank experience at their retail bank.
Apple Inc. unveiled the new Apple Watch SE and Apple Watch Series 8, which upgrade the two top-selling smartwatches with ground-breaking performance and technology as well as significant safety improvements.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4840
Published Date: Apr 20, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing obesity among people, a rise in the adoption of mobile phones, and the surge in preference for workouts among people are the major factors driving the market growth.
The market size of wearable technology is anticipated to attain a CAGR of around 21% over the forecast period, i.e., 2023-2035.
The major players in the market are Samsung Electronics, Sony Corp., Huawei Technologies Group Co., Ltd., Apple Inc., Xiaomi Group, Adidas AG, Nike, Inc., Fitbit International Limited, Garmin Ltd., and Alphabet Inc.
The smartwatches segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.