Wearable Device Market in India 2015
Netscribes’ latest market research report titled Wearable Device Market in India 2015 captures the overall current and future state of wearable device market, it includes detailed coverage of its products available in and outside India. India holds immense opportunities for wearable products due to the significant consumer buying interest and rapid growth in adoption of wearable gadgets. Continual emerging fashion trends are primarily aiding the growth in wearable market penetration. More personalized digital experience has revolutionized consumers’ buying and spending trend for consumer electronic devices including wearable technologies, especially in the urban areas.
Broadly, the key factors that will drive the growth of wearable devices industry are introduction of innovative products, convenience of carrying and ease of entry of new players. Recently, many startup companies in India are catering to the wearable market in a big way by delivering wide range of capabilities. In 2014, wearable technologies have emerged as the next big consumer electronics market category, particularly for health and wellness. The market has huge opportunity to grow over the coming years along with the steady economic growth of the country.