Wearable Sensors Market will be Valued at $24.62 Billion by 2023, growing at a CAGR of 22.07% | STMicroelectronics, Infineon Tech, Analog Devices, InvenSense , Freescale Semiconductor, Panasonic

Marketprognosis.com Publish a New Market Research Report On “Global Wearable Sensors Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Wearable Sensors Market:

The report spread across 104 pages is an overview of the Global Wearable Sensors Market. These report study based on the Wearable Sensors Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

The Global Wearable Sensors Market was valued at USD 7.44 Billion in 2017 and is expected to reach a value of USD 24.62 Billion by 2023 at a CAGR of 22.07% during the forecast period (2018 - 2023).

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Wearable sensors are highly significant, especially among smart wearable manufacturers, due to the rising health awareness amongst the current generation. In the current scenario, wearable sensors are integrated into garments and fashion accessories, such as hats, wristbands, socks, shoes, eyeglasses, and headphones to suit the user needs. Many gadget and technology providers allocate a wide range of customization to the products in order to attract the younger population.

High availability of the wearable sensors and increasing usage of analytics in the sports and medical sectors in critically driving the growth of the market globally. With key players in the market, such as Google, Microsoft, Apple, and Samsung, experimenting with low-power, wireless technologies, which can allow real-time transfer of data between fitness monitoring applications and the wearable sensors, new opportunities are expected to emerge from the consumer electronics, healthcare, and sports and training sectors. For the next four years, the increasing number of applications in consumer electronics, increasing awareness amongst the younger population, and an immense range of customization on the wearable sensors are expected to drive the growth of wearable sensors market.

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In the wearables industry, pressure sensors are gaining traction, due to its miniaturization factor. Sensing muscle activity helps sportsmen train specific muscles and further, gives feedback about the performance quality of exercises, for rehabilitation. Also, pressure sensing shoes are being used in motion capture technologies, which have transformed computer animation, during the past decade. Direct transfer of data is possible using detailed motion data and editing algorithms. Further, leading to an expressive performance of a real person to a virtual character, composing simple motion clips to create a repertoire of motor skills, or interpolating existing data to produce new sequences.

Major Key Players:

1 STMicroelectronics

2 Infineon Technologies AG

3 Texas Instruments Incorporated

4 Analog Devices Inc.

5 InvenSense Inc.

6 Freescale Semiconductor Inc

7 Panasonic Corporation

8 NXP Semiconductors N.V. and More…………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Wearable Sensors Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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