Wearable devices are gadgets that can comfortably be worn on a body. These devices have intelligent sensors connected to the internet for collecting data. The growing partnership and collaboration for bringing AI functionalities to wearable devices provide new developments in AI wearable devices in the coming years.
In today’s busy schedule, people want to improve their lives by tracking daily activities. AI enables wearable devices to significantly change people’s lives by tracking and maintaining data of your diet and body movements; monitoring blood pressure; providing a trendy, safe, and secure lifestyle with IoT and Machine Learning technologies.
The global Wearable Fitness Technology market is expected to witness progressive growth in the coming years due to the increasing consumer preferences regarding Wearable Fitness Technology. This wearable fitness helps the consumer track their footsteps and displays the smartphone’s notification. In addition, the growing awareness of chronic diseases and obesity has led to the adoption of wearable devices that can give real-time information about the body’s overall health. These wearables can provide information like cholesterol levels, blood pressure, calorie intake, and other information required by the body for day-to-day activities.
Challenges: Security may cause issues due to the devices’ physical hardware and battery life.
Opportunities with data generated by wearable gadgets: Data analytics, Event Triggers, and Predictive analysis
The collaboration between the companies will increase the development of new products with AI-integrated and intelligent devices for the customers. Further, all these AI-enabled devices will significantly change wearable fitness accessories. This, in turn, supports the growth of the global wearable AI market in the foreseeable future.
The wearable AI market will likely witness significant growth owing to rising demand for smartwatches with high quality and more prominent displays. The increasing awareness among customers regarding the benefits associated with OLED technology with a better angle and excellent contrast is one of the key factors stimulating the growth of OLED displays. This, in turn, boosted the growth of the AI-enabled wearable device market. Furthermore, the rising adoption of VR/AR-based head-mounted devices in several verticals is propelling the growth of the global wearable AI market.