The burgeoning demand for the AI-supported voice assistance property in wearable devices will drive the wearable AI devices market at a CAGR of 29.0% during the forecast period (2019–2024). The market was valued at $11,182.8 million in 2018 and it is projected to reach $49,240.6 million by 2024. The AI-enabled voice assistance in smartwatches allows users to manage calls and messages on their smartphones, track their daily routine, control smart home devices, schedule appointments, provide answers to consumers’ queries, and offer suggestions for improving their health routine.

Currently, the soaring demand for virtual reality (VR) headsets has become a key trend in the wearable AI devices market. The use of VR headsets has increased in recent years across the globe, due to the rising penetration of smartphones and the surging popularity of cloud and mobile gaming. To keep up with the growing video games industry, the market players are launching new and improved VR headsets to offer the best visual experience and better sound quality, thereby, enhancing the overall gaming experience for the customers.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wearable-ai-devices-market/report-sample

With the escalating focus of consumers on healthy lifestyle and soaring awareness about artificial intelligence (AI)-enabled wearable devices and convenience related to them, AI-powered wearables are largely used for healthcare applications. These new-age devices enable users to track their eating and sleeping habits and suggest customers with routine changes to enhance their fitness level. Thus, the surging focus on technologically advanced fitness products will amplify the adoption of wearable AI devices, globally, in the coming years.

This market research report provides a comprehensive overview of the market

* Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings