Wearable Technology: Market Growth Opportunities, Challenges, Strategies, Industry Verticals and Forecasts 2018 - 2030

SNS Telecom & IT estimates that wearable device shipments will grow at a CAGR of approximately 22% between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45 Billion with over 250 Million annual unit shipments.

While wearable technology has been utilized in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Key enabling technologies including low cost sensors, wireless connectivity, active materials and energy have converged to make wearable technology mainstream.

With the continued miniaturization of enabling technologies, wearable devices have hit the mass market in a diverse variety of form factors – ranging from smartwatches and fitness trackers to smart glasses to hearables.

Driven by the ability to interconnect with key modern trends of healthcare, fitness, messaging and socialization, the wearable technology ecosystem is attracting significant levels of interest. Companies as varied as smartphone OEMs, mobile operators, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.

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The “Wearable Technology Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable technology ecosystem including market drivers, challenges, enabling technologies, consumer and enterprise applications, key trends, case studies, opportunities, future roadmap, value chain, ecosystem player profiles, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2018 through to 2030. The forecasts cover 9 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Topics Covered

The report covers the following topics:

Wearable technology ecosystem
Market drivers and barriers
Key enabling technologies and concepts including low cost sensors, wireless connectivity, voice recognition and augmented reality
Analysis of vertical markets and applications – for consumer, healthcare, professional sports, retail & hospitality, military, public safety and 8 other sectors
Case studies of 10 wearable technology deployments – reviewing solutions, vendors, applications and feedback from end users
Wearable device vendor market share
Prospects of smartphone OEMs and cellular chipset suppliers in the wearable technology ecosystem
Impact of 5G NR (New Radio), cellular IoT and ProSe (Proximity Services) on wearable technology
Industry roadmap and value chain
Profiles and strategies of more than 360 leading ecosystem players including wearable technology suppliers and vertical domain specialists
Strategic recommendations for enabling technology providers, wearable device OEMs, application developers and mobile operators
Market analysis and forecasts from 2018 till 2030

Browse full report TOC: https://www.marketresearchreports.biz/reports/1753278/the-wearable-technology-ecosystem-2018-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts-market-research-reports/toc

Forecast Segmentation

Market forecasts on are provided for each of the following submarkets and their subcategories:

Form Factor Submarkets

Smart Bands
Smartwatches
OS-Powered Smartwatches
Basic Smartwatches
Smart Glasses
Smart Clothing
Smart Earwear
Smart Jewelry
Heads-up Displays
Others
Vertical Submarkets

Consumer
Healthcare
Professional Sports
Retail & Hospitality
Military
Public Safety
Others
Regional Markets

Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Country Markets

73 Country level markets: Algeria, Argentina, Australia, Austria, Bangladesh, Belarus, Belgium, Bolivia, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Luxembourg, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, South Africa, South Korea, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UAE, UK, Ukraine, Uruguay, USA, Uzbekistan, Venezuela and Vietnam

Key Questions Answered

The report provides answers to the following key questions:

How big is the wearable technology ecosystem?
What trends, challenges and barriers are influencing its growth?
How is the ecosystem evolving by segment and region?
What will the market size be in 2021 and at what rate will it grow?
Which vertical markets will see the highest percentage of growth?
How do standardization and regulation impact the adoption of wearable technology for the healthcare industry and other sectors?
What opportunities exist for cellular chipset suppliers in the wearable technology ecosystem?
How can mobile operators capitalize on the growing popularity of smartwatches, fitness bands, smart glasses and other wearable devices?
What are the future prospects of hearables and other emerging form factors?
Who are the key ecosystem players and what are their strategies?
What strategies should wearable technology suppliers and vertical domain specialists adopt to remain competitive?
Key Findings

The report has the following key findings:

SNS Telecom & IT estimates that wearable device shipments will grow at a CAGR of approximately 22% between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45 Billion with over 250 Million annual unit shipments.
In terms of annual wearable device unit shipments, the top 5 vendors – Apple, Xiamo, Fitbit, Samsung and Garmin – collectively account for more than 55% of the market.
Cellular connectivity and associated advanced capabilities – such as VoLTE (Voice over LTE) – are increasingly being integrated into consumer oriented wearables such as smartwatches.
SNS Telecom & IT estimates that wearable devices will help mobile operators drive more than $12 Billion in service revenue by the end of 2021, following a CAGR of approximately 36% between 2018 and 2021.
As wearable technology vendors seek to minimize dependence on hardware sales, new business models are continuing to gain popularity – ranging from corporate wellness programs to sports performance analytics.
List of Companies Mentioned

270 Vision
3L Labs
4DForce
4iii Innovations
9Solutions
Abbot Laboratories
Acer
AcousticSheep
Active Mind Technology
Adidas
AGPtek
AliveCor
Alphabet
Amazon
Amber Alert GPS
Ambit Networks
AMD (Advanced Micro Devices)
AngelSense
Anthem Insurance Companies
Aplus
Appirio
Apple
ARA (Applied Research Associates)
Archos
ARM Holdings
Arrow Technologies
Arubixs
ASUS (ASUSTeK Computer)
AT&T
Atellani
Atheer Labs
Atlas Wearables
Augmendix
Avegant
AVG
Axon
BAE Systems
Baidu
BBK Electronics Corporation
Beddit
Behavioral Technology Group
Bellabeat
BI (GEO Group)
Biosensics
Bitbanger Labs
Blocks Wearables
Bmorn
bOMDIC
Bondara (Nagook)
Boston Scientific Corporation
BRAGI
Breitling
Broadcom
Brother Industries
BSX Athletics
BTS Bioengineering
Bulgari
Caeden
Casio
Catapult Sports
Chronos Wearables
Citizen
Cityzen Sciences
Codoon
CommandWear
CompeGPS
Connect America
ConnecteDevice
Cooey
Cool Shirt Systems
Cordon
Creoir
Cyberdyne
Cypress Semiconductor Corporation
DAQRI
DARPA (Defense Advanced Research Projects Agency)
Dell
Dexcom
DHL
Dialog Semiconductor
DIGICare Technology
Digitsole
DK Tek Innovations
Doki Technologies
DorsaVi
Dubai Customs
Dubai Police
Ducere
Ekso Bionics
Electric Foxy
Emotiv Systems
Empatica
Enjoy S.R.L
Epson (Seiko Epson Corporation)
EuroTech
Evena Medical
Exelis
EyeTap
Facebook
FashionTEQ
Fat Shark
Fatigue Science
Finis
Fisher-Price
FitBark
Fitbit
Flex
Florida State University
Force Impact Technologies
Fossil Group
FOVE
Fujitsu
Garmin
GEAK (Shanda Group)
Gemalto
General Dynamics Mission Systems
Georgia Institute of Technology
Ginger.io
GlassUp
Glofaster
GN Store Nord
Google
GoPro
GOQii
Guess
Harris Corporation
HealBe
HereO
Hexoskin (Carre Technologies)
Hollywog
Honeywell International
Hövding
HP
HTC Corporation
Huami
Huawei
iBerry
ICEdot
ICON Health and Fitness
iHealth Labs
iLOC Technologies
Imagination Technologies
Imec International
Immerz
IMU (I Measure U)
Ineda Systems
Innovega
Instabeat
Intel Corporation
InteraXon
Intex Technologies
InvenSense
Iotera
iRhythm Technologies
Iron Will Innovations
ITAMCO (Indiana Technology and Manufacturing Companies)
Jabil Circuit
Jaguar Land Rover
Jaybird
JINS (JIN CO.)
Johnson & Johnson
Joyray Technology
Kairos Watches
KDDI Corporation
Kerv Wearables
Ki Performance Lifestyle
Kiwi Wearable Technologies
KMS Solutions
Kokoon
Kopin Corporation
KoruLab
Kronoz
Kuaiwear
L3 Technologies
Laster Technologies
Le Vise Products
Leaf Healthcare
LeapFrog Enterprises
Lenovo
Lepow
Levi Strauss & Co.
LG Electronics
LifeBEAM
LifeLogger Technologies Corporation
Limmex
Lineable
Linkitz
Liquid Image
Livall
Lockheed Martin Corporation
LOSTnFOUND
Lumafit
Lumo BodyTech
Lumos
Lumus
Luxottica
Lycos
Lyle & Scott
Mad Apparel
Magellan (MiTAC Digital Corporation)
MainTool
Martian Watches
Mastercard
Matilde
Mattel
MC10
McLear
MediaTek
Medisafe
Medtronic
Merge Labs
META
Microsoft Corporation
Mimi Hearing Technologies
Mio Global
Misfit
Moff
Mondaine Watch
Mondevices
Montblanc
Moov
Moticon
Motion Fitness
Motorola Mobility
Mozilla Corporation
Mutualink
Myontec
Neptune
NeuroPro
NeuroSky
New Balance
Newell Rubbermaid
Nike
Nixie Labs
Nixon
Nokia
Nortek Security & Control
Notch Interfaces
Now Computing
NTT DoCoMo
Nuance Communications
Nuubo
NVIDIACorporation
NXP Semiconductors
Nymi
NZN Labs
OAXIS
Oculus VR
ODG (Osterhout Design Group)
Omate
Omron Corporation
OMsignal
Opening Ceremony
OPPO
Optalert
Optinvent
OrCam Technologies
OriginGPS
Orion Labs
Orpyx Medical Technologies
O-Synce
Otsuka Pharmaceutical Company
?URA
Owlet Baby Care
Panasonic Corporation
Pebble
Perceptive Devices
Perpetua Power Source Technologies
PFO Tech
PHTL (PH Technical Labs)
Pivothead
Pixie Scientific
Plantronics
PNI Sensor
Polar Electro
Preventice Solutions
Proteus Digital Health
PSI-PAY
Pulse
PUSH
Qardio
Qualcomm
Ralph Lauren
Raytheon Company
Razer
Recon Instruments
Reebok International
Reemo
Rest Devices
ReVault
Revolutionary Tracker
Ringly
Rooti Labs
RSL Steeper Group
Rufus Labs
S3 ID
Safelet
Salesforce.com
Salutron
Samsung Electronics
Sarvint Technologies
Seiko Holdings Corporation
SenseGiz Technologies
Sensiia
Senso Solutions
Sensoplex
Sensoria
Sentimoto
Shenzen Smart Co.
Shenzhen Glory Union Electronic Company
ShiftWear
Shimmer
ShotTracker
Si14
SIGMA-ELEKTRO
Simple Matters
SITA
SmartCap Technologies (EdanSafe)
SMI (SensoMotoric Instruments)
SMS Audio
Snap (Formerly Snapchat)
Snowpow (Shenzhen Snopow Outdoor Technology)
Somaxis
Sony Corporation
Sony Mobile Communications
Sotera Wireless
Soundbrenner
Spice Mobiles
Spire
SpotNSave
Spree Wearables
Sproutling
Sqord
Stalker Radar (Applied Concepts)
Starbreeze Studios
STATSports
STMicroelectronics
Striiv
Sunbeam Products
Suunto
Swatch Group
T.Ware
Tag Heuer
TCL Communication
Thales
Thalmic Labs
The Walt Disney Company
Theatro
Thimble Bioelectronics
TI (Texas Instruments)
Timex Group
TLink Golf
TN Games
Tobii Group
TomTom
Touch Bionics
TrackingPoint
Trivoly Technology
TU Wien (Vienna University of Technology)
U.S. Army
U.S. Department of Defense
U.S. FDA (Food and Drug Administration)
Ubimax
U-blox
Under Armour
Valencell
Validic (Motivation Science)
Vancive Medical Technologies (Avery Dennison Corporation)
Vector
Vigo
Virgin Atlantic Airways
Visa
Vivo
VSN Mobil
Vtech
Vuzix
Wahoo Fitness
Wavelet Health
Wearable X
Weartrons Labs
Weenect
Wellograph
Whereables B.V.
Whistle Labs
Whoop
Wipro
Withings
WorldSIM
WTS (Wonder Technology Solutions)
Xdream (TickTalk)
Xensr
Xiaomi
Xmetrics
XOEye Technologies
Xybermind
Yingqu Technology
Yost Labs
Zackees
Zebra Technologies
ZEISS
Zephyr Technology Corporation
Zepp Labs
ZGPax (Shenzhen PGD Digital Technology)
Zoll Medical Corporation
ZTE

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