Wearable Smart Device Market: Emerging Economies Expected to Influence Growth Until 2028 The wearable smart device market was estimated at USD 68.82 billion in 2021 and is likely to grow at a CAGR of 14.7% during 2022-2028 to reach USD 180.3 billion in 2028. Wearable smart devices are smart electronic devices enabled with wireless technologies such as GPS, Bluetooth, and others that transmit relevant information that is worn close to the surface of the skin and receive information through analytics. The wearable smart device market is doing great in gathering and relaying vital health statistics related to human health for the past few years and it has future opportunities to gain vital clinical information for real-time decision-making. Multi-featured and hybrid application mobile devices are generating great opportunities for the key market players. In the current scenario, the veterinary wearable market is in its expansion stage which is driven by the growing adoption of the Internet of Things and connected devices, advanced technological devices such as GPS and RFIDs, increasing awareness about various smart wearable devices, technological advancement in electronic devices, and increasing government initiatives and expenditure towards behavioral monitoring. The high cost of wearable smart devices and the lack of proper wireless infrastructure in developing countries are the major restraining factors hindering the growth of the wearable smart device market. Read More: https://www.stratviewresearch.com/1560/wearable-smart-device-market.html