Recent Release: Wearable Computing Devices Market Smart Fitness Devices to Outpace Market Growth, 2014 to 2020

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The global mobile payment transaction market is segmented on the basis of applications, technology, and regions. The application segment is further sub-segmented into bill payment, merchandise purchase, money transfer, and ticketing.

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The smart textile segment is further fragmented into innerwear, clothing, and apparels. The smart accessories segment is further divided into smart bands and smart watches. The verticals include business to business (B2B) vertical and consumer vertical. Geographically, the wearable computing devices market is fragmented into North America, Asia Pacific, and Western Europe.

According to industry experts,

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the wearables are going to see a monumental growth rate in the coming five years, with the smart watches leading the path. Some of the key players in the wearable computing devices market are Adidas AG, Apple Inc., Samsung Electronics Co. Ltd., Nike Inc., and Fitbit Inc. Most of these players are looking at introducing advanced wearable devices and accessories that make living simpler to increase their consumer base and lure in new ones as well. For instance, Apple Watch underwent several changes and refinements before it was introduced to be a comfortable accessory for the wrist. The makers of Apple Watch had to work on the device’s Taptic Engine, which addresses the haptic feedback, into a year of fine-tuning to make the watch’s feel subtle on wrist. The company tested a huge range of sounds and vibrations such as lighsabers, birds, and many others to turn them into haptic form.


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