Wearable Tech Market Poised for Growth; Garmin and Xiaomi Well-Positioned to Capitalize
• Wearable technology market is growing rapidly, expected to reach $186B by 2030 • Garmin is an established player in wearables like smartwatches, though stock may be expensive • Xiaomi is a major electronics company well positioned to capitalize on wearables • Alphabet (Google) making advances in health/fitness wearables and smartwatches • Strong potential upside for companies capitalizing on expansion of wearable tech