Global Wearable Electronic Devices Market is expected to reach USD 99.5 Billion by 2025, from USD 23.9 Billion in 2017 growing at a CAGR of 25.5% during the forecast period of 2018 to 2025.
Pune, India -- (SBWIRE) -- 04/10/2018 -- Major Market Drivers & Restraints
- Increasing demand for gadgets
- Increasing demand for IOT and connected devices
- Growth for next-generation displays in wearable devices
- Short life cycle for consumer electronics sector
This market report defines the market trends and forecast the upcoming opportunities and threats of the wearable electronic devices market in the next 8 years. Wearable electronic devices are the smart electronic devices that can be worn by individual as accessories. It comprises of advanced circuit, and wireless connectivity. Wearable electronics have been used from years as hearing aids, pacemakers. It have been also used in various consumer electronics such as cell phones, portable music players, smart watches, head-mounted display, wearable cameras, Bluetooth headset, wristband, smart clothing, chest strap, sports watch and others. Various applications of electronic device are infotainment, activity tracking, health monitoring, industrial and enterprise and soldier systems. In 2013, google glass launched, the first voice-operated optical head-mounted display product combined with hands-free internet access with augmented reality which have a capability to capture images.
The Global Wearable Electronic Devices Market is expected to reach USD 99.5 Billion by 2025, from USD 23.9 Billion in 2017 growing at a CAGR of 25.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
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Frequently Asked Questions?
- What will the market size be in 2025?
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- What are the challenges to market growth?
- Who are the key players in the market?
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- Which strategies are used by top players in the Global Wearable Electronic Devices Market?
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TABLE OF CONTENTS
- MARKET SEGMENTATION
- Market Overview
- EXECUTIVE SUMMARY
- premium insights
- Global Wearable Electronic Devices Market, by Product
- Global Wearable Electronic Devices Market, by Technology
- Global Wearable Electronic Devices Market, By Application
- Global Wearable Electronic Devices Market, by geography
- North America
- south America
- Middle East and Africa
- Global Wearable Electronic Devices Market, Competitive Analysis
- company profiles
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The global wearable electronic devices market is segmented into product, technology, wearable technology software and services, component, application and by geography.
Based on product, the global wearable electronic devices market is segmented into
- wrist wear,
- headwear & eyewear,
- body wear, other wearable technology
Wrist wear is further segmented into
- smartwatches and
- wristbands Headwear
eyewear is further segmented into augmented reality headsets, virtual reality headsets and others. Footwear is further segmented into casual and special-purpose footwear. Neckwear is further segmented into fashion & jewellery and ties & collars. Body wear is further segmented into inner wear, fashion & apparel and arm wear & legwear. Other wearable technologies are further segmented into ring scanners, body worn cameras and internables /implantables.
On the basis of technology, the global wearable electronic devices market is segmented into
- computing technologies,
- display technologies,
- networking technologies,
- positioning technologies,
- sensor technologies
On the basis of component, the global wearable electronic devices market is segmented into
- power supply components,
- positioning and networking components,
- sensing components,
- control components,
- display and optoelectronic components,
- memory components,
- interface components
On the basis of application, the global wearable electronic devices market is segmented into
- consumer electronics,
- enterprise & industrial application
Consumer electronics is further segmented into fitness & sports, garments & fashion, infotainment & multimedia and multifunction. Healthcare is further segmented into clinical applications and nonclinical applications. Enterprise & industrial application is further segmented into logistics, packaging, & warehouse and other industrial applications.
Based on geography, the global wearable electronic devices market report covers data points for 28 countries across multiple geographies namely
- north America & south America,
- Asia-Pacific And,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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Top Competitors of Market
- Fitbit Inc,
- Apple Inc.,
- LG Electronics.,
- ADIDAS AG ,
- Sony Corporation,
- Google LLC,
- Epson America, Inc.,
- Nike, Inc.,
- Garmin Ltd.,
- Alphabet Inc. ,
- Qualcomm Technologies, Inc.,
- Sony Corporation ,
- BBK Electronics Co.,Ltd.,
- LifeSense Group
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The global wearable electronic devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wearable electronic devices market for global, Europe, North America, Asia pacific and South America.
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