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Global Wearable Technology Market, Industry Analysis and Forecast to 2025

 



(IT-NEWSWIRE.COM, October 16, 2018 ) The Global Wearable Technology Market Estimated at US $26.19 Billion in 2015. The “Wearable Technology Market to 2025 - Global Analysis and Forecasts by Product (Smart Clothing & Smart Glasses, Sleep Sensors, Smart Watches, Activity Monitors, Augmented Reality Headsets, Continuous Glucose Monitor, Heart Rate Monitors (HRMs), Drug Delivery Devices, Hand Worn Terminals, Wearable Patches, Jewelries) and Application (Infotainment, Fitness & Wellness, Healthcare & Medical, Industrial & Military, Safety & Security, Fashion & Lifestyle)” report provides a detailed overview of the major factors impacting the global wearable technology market with the market share analysis and revenues of various sub segments.

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The wearable technology market is segmented on the basis of products and application, the products segment is further bifurcated on the basis of smart clothing & smart glasses, sleep sensors, smart watches, activity monitors, augmented reality headsets, continuous glucose monitor, heart rate monitors (HRMS), drug delivery devices, hand worn terminals, wearable patches, jewelries. Application segment is further divided on the basis of infotainment, fitness & wellness, healthcare & medical, industrial & military, safety & security, and fashion & lifestyle. The smart watches segment had the largest share of the wearable technology market in 2015, whereas the hand worn terminals product segment is expected to grow at the highest CAGR of 24.4% between 2016 and 2025. The global wearable technology market was estimated at US $26.19 billion in 2015. This market is expected to grow at a CAGR of 20.8% between 2016 and 2025, to reach US $170.91 Billion in 2025.

The wearable technology market is segmented on the basis of products and application, the products segment is further bifurcated on the basis of smart clothing & smart glasses, sleep sensors, smart watches, activity monitors, augmented reality headsets, continuous glucose monitor, heart rate monitors (HRMS), drug delivery devices, hand worn terminals, wearable patches, jewelries. Application segment is further divided on the basis of infotainment, fitness & wellness, healthcare & medical, industrial & military, safety & security, and fashion & lifestyle. The smart watches segment had the largest share of the wearable technology market in 2015.

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The report profiles major players such as. adidas Group, Apple, Inc., Fitbit Inc., Garmin International Inc., Google, Inc., Intel Corporation, Jawbone, Koninklijke Philips N.V, LG Electronics Inc., Medtronic, Inc., Microsoft Corporation, Nike, Inc., Pebble Technology Corporation, Qualcomm, Inc., Samsung Electronics Co., Ltd, Sony Corporation, Suunto Oy and Xiaomi Inc.

In the application segments healthcare & medical segment had the largest share of the wearable technology market in 2015, whereas the fashion & lifestyle segment is expected to grow at the highest CAGR between 2016 and 2025. The geographic segments included in this report are North America (NA), Europe (EU), Asia-Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The usage and application of wearable technology is gradually moving beyond fitness tracking and health monitoring, wearable technology is finding increasing acceptance in varied areas. The market is expected to accelerate by increasing adoption of mobile devices and increasing end-user’s preference towards handy gadgets.

Table of Content:

1. Introduction

2. TIP Research Report Guidance

3 Key Takeaways

4 Wearable Technology Market Landscape

4.1 Overview
4.2 Definitions
4.3 Value Chain Analysis

5 Wearable Technology Market - Key Industry Dynamics

5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends

6 Wearable Technology Market - Five Forces Analysis

6.1 Overview
6.2 Global Wearable Technology Market - Five Forces Analysis

The Insight Partners

Sameer Joshi

+1-646-491-9876

sam@theinsightpartners.com

Source: EmailWire.Com

Source: EmailWire.com


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