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Wearable AI market is growing rapidly and is expected to continue to expand in the coming years. According to various industry reports, the wearable AI market is expected to reach $230 billion by 2033. It is rising at an impressive 27.6% CAGR from 2023 to 2033.
The increasing adoption of wearable devices, advancements in AI and machine learning technology, and growing demand for digital health and wellness solutions are some of the factors that are expected to contribute to growth. The internet of things enables machine-to-machine communication and cloud platform connectivity, allowing the usage of artificial intelligence in wearable devices.
Wearable AI includes intelligent devices such as smartwatches, smart earphones, smart eyeglasses, and others. Leading players such as Samsung, Apple, Sony, and others are using various techniques to develop and improve technology, increasing the demand for wearable AI.
Today's Headline in NewsHours
0:00 Intro
3:10 #Amazon files lawsuits against sellers for submitting fake takedown requests
3:42 #Nokia unveils new user interface for its products
4:17 Vivo to merge iQOO into its main business
4:53 India’s Foreign Trade Policy 2023 sees $2 trillion exports by 2030
5:40 #Swiggy co-founder Phani Kishan to head its Instamart business
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