Press release
Global Wearable Sensors Market is expected to be around $4 billion by 2025 | Major Players operating ST Microelectronics N.V., TE Connectivity Ltd., Broadcom Limited, Analog Devices, Inc., Knowles Electronics, LLC., Infineon Technologies AG, NXP Semicondu
A Research Study title as “Wearable Sensors Market by Type and application - Global Industry Analysis and Forecast to 2025” published by Crystal Market research is expected to reach around $4 billion by 2025Market Overview
The wearable sensors market is expected to be around $4 billion by 2025. The market is primarily driven by factors such as rising demand for wearable sensor devices in different sectors such as healthcare, lifestyle and especially fitness. Increase in demand for smarter, smaller and low cost wearable devices is expected to fuel the growth of wearable devices market in coming years. Moreover, consistent technological advancement in sensor based wearable devices is also expected to favorably contribute to the market growth during the forecast period. However, factors such as data security and privacy concerns along with interoperability issues can hinder the market growth in coming years.
Application Outlook and Trend Analysis
Wrist wear segment held the majority share of the applications market in 2016 owing to technological advancements in sensor based wrist wear devices by prominent manufacturers such as Apple, Fitbit, and Samsung. These advancements have facilitated seamless integration of these devices with smart smartphones and other smart devices such as tablet Pcs. The segment is expected to continue its dominance during the forecast period.
Vertical Outlook and Trend Analysis
The consumer segment dominated the global wearable sensors market in 2016. With rising applications of wearable sensors in different fields such as infotainment and multimedia, sports and fitness, fashion and garments, the consumer vertical of the wearable sensors market will experience favorable growth during the forecast period.
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Competitive Insights
Major players operating in the global wearable sensors market are, ST Microelectronics N.V., TE Connectivity Ltd., Broadcom Limited, Analog Devices, Inc., Knowles Electronics, LLC., Infineon Technologies AG, NXP Semiconductors N.V., InvenSense (Acquired by TDK Corporation), Texas Instruments Incorporated, Panasonic Corporation, and Asahi Kasei Corporation, Sensirion AG, Robert Bosch GmbH, mCube, Inc., ams AG, and ARM Holdings plc.
Wearable Sensors Market Segmentation:
By Type:
• Accelerometers
• Inertial Sensors
• Pressure and Force Sensors
• Motion Sensors
• Gyroscopes
• Temperature and Humidity Sensors
By Application:
• Wrist Wear
• Foot Wear
• Eye Wear
By Vertical:
• Healthcare
• Consumer
Browse detailed report@ https://www.crystalmarketresearch.com/report/wearable-sensors-market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Growing Demand for Miniature and Smart Wearable Devices
3.3.1.2. Increase Consumer Awareness About Fitness Tracking and Monitoring
3.3.1.3. Technological Advancements in Sensor-based Wearable Devices
3.3.2. Restraints
3.3.2.1. Concerns Related to Data Security and Privacy
3.3.2.2. Interoperability Issues Among Sensor-based Wearable Devices
3.3.3. Opportunities
3.3.3.1. Development of Advanced Wearable Devices with Better Integration Capabilities
3.4. Key Industry Trends
4. Wearable Sensors Market, By Type
5. Wearable Sensors Market, By Application
6. Wearable Sensors Market, By Vertical
7. Wearable Sensors Market, By Region
8. Company Profiles
Browse detailed report@ https://www.crystalmarketresearch.com/report/wearable-sensors-market
Some of the key questions answered by the report are:
• What was the market size in 2016 and forecast from 2017 to 2025?
• What will be the industry market growth from 2017 to 2025?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
About Us
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact:
Crystal Market Research
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Website: https://www.crystalmarketresearch.com
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