Press release
Wearable Technology Market by Product (Smart Bands, Smartwatches, OS-Powered Smartwatches, Basic Smartwatches, Smart Glasses...), Application (Consumer, Healthcare, Professional Sports, Retail and Hospitality, Military, Public Safety) - Global Forecast to
Wearable Technology Market
Telecom and 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 electronics and semiconductors sector is like the heart of the technological The "Wearable Technology Ecosystem: 2018 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals and 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.
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 and Hospitality
- Military
- Public Safety
- Others
Regional Markets:
- Asia Pacific
- Eastern Europe
- Latin and Central America
- Middle East and Africa
- North America
- Western Europe
Browse detail report with in-depth TOC @ https://www.marketresearchnest.com/The-Wearable-Technology-Ecosystem-2018---2030---Opportunities-Challenges-Strategies-Industry-Verticals-and-Forecasts.html
Top manufacturers/players:
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…
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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 and 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
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Market Highlights
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Wearable devices such as smart watches are a good example of Internet of Things. The application base of wearable technology is expanding with the expansion of the technology itself. Consumer electronics such…
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