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Wearable Devices Market in India gaining significant momentum

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Andrew Thomas
Wearable Devices Market in India gaining significant momentum

New York June 28, 2019 - A new report published by Research on Global Markets titled "Wearable Devices Market In India 2015" studies the performance of the wearable devices market in India. The report presents the value forecast of the Indian wearable devices market and provides key insights into the factors driving market growth as well as the factors restricting market growth. According to the Research On Global Markets analysts, the wearable devices market is gaining momentum in India and its segments are expected to emerge as a dominant one in the Indian consumer electronics market.

India – A growing market for wearable device products

India has emerged as a burgeoning market for wearable device products. The introduction and availability of next generation cellular networks, and improved connectivity are important factors supporting the growth of the market. Indian start-ups are introducing various innovative products like GPS-enabled smart sports shoes, and multi-function Bluetooth devices that work as camera triggers and alerts while in motion, among others. The players are also heavily focused on developing wearable devices with advanced features and applications that provide an enhanced digital experience.

According to Research On Global Markets, Indian consumers have started showing shown increased interest in wearable devices like smartwatches, fitness trackers, and fitness monitors, among others. People these days are more aware of the wearable devices and the applications that help in making daily life easy. Increased disposable income and awareness among Indian consumers are also stimulating the growth of wearable devices market in India.

Wearable devices market in India: Cost is a major deterrent

The biggest factor hampering the growth of the wearable devices market in India is the higher cost of the wearable device products. The iOS and Android applications can act as substitutes for the technology since many applications currently use smartphone sensors to track classic wearable metrics like steps taken, and heart rate, among others

Research On Global Markets tracks the performance of the leading players in the Indian wearable devices market including Apple India Pvt. Ltd., Google India Pvt. Ltd., Intel Technology India Pvt. Ltd., Microsoft Corporation (India) Pvt. Ltd., Nike India Pvt. Ltd., and Samsung India Electronics Pvt. Ltd.

Some of the key topics covered in this report are:

• Wearable Device Market – Overview
• Market Overview – Global, Market Overview – India
• Opportunities in Enterprises, SMEs and other Key Industries
• Wearable Devices – Market Potential, Sales and Distribution Channel – Opportunities, and Recommendations
• Key Market Trends – Wearable Devices
• Competitive Benchmarking
• Key growth drivers of the market
• Key deterrents to the growth of the market
• Analysis of the competitive landscape

For more information on this market, request a free sample report.

About Research On Global Markets:
Owned by Netscribes, Research On Global Markets draws from the company’s vast experience in market research and intelligence. For any queries related to our products and services, feel free to get in touch with us at [email protected].
 
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Research On Global Markets
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Website: https://www.researchonglobalmarkets.com

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