Wearable technology has come a long way in recent years and has seen a surge in popularity. The global wearable technology market is expected to reach $54 billion by 2023, with a CAGR of 15.5% from 2018 to 2023. With the rise of Internet of Things (IoT), artificial intelligence (AI), and big data, wearable technology is poised to revolutionize the way we live and work.