Global Overview of Category Creation and Digital Ecosystems in the Wearable Technology Market 2021 – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Category Creation and Digital Ecosystems in Wearable Technology" report has been added to ResearchAndMarkets.com's offering.

This approximately 25,000-word (99 pages) report provides a well-organized thematic analysis of the statements and activities of wearable technology companies.

It deconstructs the business concepts of category creation and digital ecosystems, providing a framework that informs business innovation and investments in new areas.

The launch of Apple's streaming service and the recently declared pivot by Facebook, now a subsidiary of Meta Platforms, increased the importance of an up-to-date and forward-thinking understanding of hardware-supported digital worlds. Additionally, the pandemic has made health/wellness-supporting tools more relevant.

New or evolving categories might initially allow for higher prices, either to reflect the novelty or the newfound benefit that novelty represents, such as increased convenience or even social status. This is the case with wearable technologies.

Through these premiums or sheer volume, category-creating businesses often achieve faster revenue growth, as well as higher valuations, especially if they actively build buzz or rewrite narratives.

However, the long-term consumer interest in maintaining pricey subscriptions that add value to wearable technology use is unclear and possibly overestimated.

The report is structured as follows:

This report will provide comprehensive answers to the following key questions:

Key Topics Covered:

Category Creation in Wearable Technologies

Digital Ecosystems and Data in Wearable Technologies

Management, Culture, and Recruitment in Wearable Startups or Business Units

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/jb8s3e

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Global Overview of Category Creation and Digital Ecosystems in the Wearable Technology Market 2021 - ResearchAndMarkets.com - Business Wire