Wearable Electronics Market to Reach $43.81 Billion with 21.3% CAGR Forecast to 2022

Wearable Electronics - Global Market Outlook (2016-2022)


New York, NY -- (SBWIRE) -- 04/24/2017 -- Global Wearable Electronics Industry

Latest Report on Wearable Electronics Market Global Analysis & 2022 Forecast Research Study

Global Wearable Electronics market is expected to reach $43.81 billion by 2022 growing at a CAGR of 21.3% from 2015 to 2022. Incursion of wireless connectivity, increasing demand for portable applications in networking, positioning, and communication, wearable's with multiple sensors and adoption of electronic smart-textiles are some of the major factors driving the market growth. In addition, raising penetration of Internet of Things (IoT), increasing adoption of wearable electronics in health applications are the factors fueling the market growth. However, higher prices and power consumption issues are the factors limiting the market growth. The future growth lies in key enabling technologies, multi featured and multi application devices.

Some of the key players in global wearable electronics market include Adidas Ag, Apple, Inc., AT & T Inc., Fitbit, Inc., Garmin Ltd., Google, Inc., Jawbone Inc., LG Electronics Inc., Nike, Inc., Pebble Technology Corp., Qualcomm, Inc., Samsung Electronics Co. Ltd., Sony Corp, Texas Instruments, Inc., and Xiaomi Technology Co. Ltd.

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North America commanded the largest market for wearable electronics with US accounting for around 70%. Asia Pacific is expected to grow at a faster rate during the forecast period. The implications of wearable technology can influence the fields of healthcare, education, enterprise, finance, transportation, gaming and music. These technologies will tend to incorporate functional, portable electronics into individuals daily lives. The adoption of wearable electronics in mobile money, education, gaming, healthcare & fitness are expected to fuel the wearable electronics market.

Products Covered:
- Wrist Wear
Wrist Bands
Wrist Wear Computers and Watches
- Neck Wear
Ties and Collars
Fashion and Jewellery
- Eye Wear
Smart Glasses and Goggles
Contact Lenses and Others
- Foot Wear
Special Application Foot Wear
Casual Foot Wear
- Body Wear
Arm & Leg Wear
Clothing and Inner Wear
Fashion & Apparel
- Other Wearable Electronics
Smart Headsets
Ring Scanners
Head Bands

Technologies Covered:
- Computing Technologies
- Display Technologies
Augmented Reality
Head Mounted Displays (HMD)
Head-Up Display (HUD)
- Speech Recognition
- Sensor Technologies
- Positioning Technologies
Digital Compass
- Networking Technologies

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Components Covered:
- Sensing
- Display
- Interface
- Memory
- Control
- Positioning and Networking
- Power Supply
- PCBs
- Battery
- Audio
- Camera
- Other Components

Applications Covered:
- Consumer Electronics
Multi-Function applications
Fitness/Sports Applications
Garments & Fashion Applications
Infotainment & Multimedia Applications
Others Consumer Electronics
- Healthcare
- Enterprise & Industrial
Logistics, Packaging, & Warehouse Applications
Other Enterprise & Industrials
- Entertainment applications
- Defense
- Other Applications

Regions Covered:
- North America
- Europe

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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