Wearable Electronics Market Outlook with Expected 20% CAGR 2018 – 2026 | Global Key Players – Xiaomi Technology, Texas Instruments, Sony Corp, Samsung Electronics, Qualcomm, Pebble Technology

Global Wearable Electronics Market Highlights
Global Wearable Electronics Market is expected to grow at a CAGR of 20.0% during the forecast period. Rising proliferation of smart glasses, increasing average life expectancy, increasing demand of consumers towards communication, networking, positioning and recognition technologies are some of the key factors fueling the market growth. However, factors such as lack of design features, higher power usage of wearable devices, high initial investment and users concerns regarding data privacy are restraining the market growth.

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Wearable electronics are accessories with advanced electronic technologies. Wearable devices are worn on the body, which enable wireless networking and mobile computing. These devices enable end-users to integrate computer in their daily activity and use technology to take advantage of advanced features and characteristics. Wearable electronics devices comprise product such as smart goggles, finger worn scanners, wrist wears for instance wrist bands and electronics watches, foot wears namely fitness and sport shoes and athletic shoes, and others products such as neck-wear and head bands.

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

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Market Segmentation:
Amongst Technology, Sensor Technologies segment accounted for significant market share during the forecast period due to the growth of sensors mainly in the health and medical space, the possible uses of wearable computing technologies are quite extensive. By geography, North America dominated the market due to the technological innovation and rapid adoption of advanced technology..

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

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