Press release
Wearable Technology Market Comprehensive Information by Focusing Top Industry Players are Fitbit, Apple, Xiaomi Technology, Garmin International, Samsung Electronics, Alphabet Inc., LG Electronics, Qualcomm, and Sony
Wearable Technology Market report analyses the prospects in the market for several shareholders and aspirants by identifying the high-growth segments, main actions approved by them and Wearable Technology market recent progressions. Global Wearable Technology market report studies the industry abilities for each geographical region based on the customer purchasing patterns, macroeconomic parameters, development rate, and market demand and supply states.Wearable Technology market report research provides region and country level analysis. This report provides the market overview which includes Product Category, Applications, and Manufactures.
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 glasses to even jewelry.
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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RFM Research estimates that wearable device shipments will grow at a CAGR of 29% between 2016 and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240 Million annual unit shipments.
The “Wearable Technology Forecasts: 2016 – 2030” datasheet presents comprehensive forecasts for wearable device shipments and revenue from 2016 till 2030, covering 7 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries. Historical figures are also presented for 2015.
Forecast Segmentation:
Market forecasts are provided for each of the following submarkets and their categories:
· Vertical Submarkets
o Consumer
o Healthcare
o Professional Sports
o Retail & Hospitality
o Military
o Public Safety
o Others
· Form Factor Submarkets
o Smart Bands
o Smart Watches
o Smart Glasses
o Smart Clothing
o Smart Jewelry
o Heads-up Displays
o Others
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Major Table of Contents:
1 Scope of the Report
2 Executive Summary
3 Global Wearable Technology by Players
4 Wearable Technology by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Wearable Technology Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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Key Findings:
The Report Has The Following Key Findings:
SNS Research estimates that global spending on small cells, carrier Wi-Fi, C-RAN and DAS will reach more than $15 Billion by the end of 2017, as mobile operators remain committed to tackle the continued growth of mobile data traffic and evolving coverage requirements.
At present, the HetNet market is facing a paradigm shift with multiple advancements ranging from small cell virtualization and neutral hosting to the adoption of unlicensed and shared spectrum.
In conjunction with 5G and LTE Advanced network rollouts, these advancements will fuel the market to grow at a CAGR of over 18% between 2017 and 2020.
By virtualizing small cells, mobile operators can immediately evaluate the benefits of RAN virtualization with no major impact on their larger macrocell RAN footprint. SNS research estimates that global spending on virtualized small cells will surpass $1 Billion annually by 2020.
Unlicensed and shared spectrum small cells are also beginning to gain traction, with shipment revenues potentially reaching $240 Million by the end of 2020.
The vendor arena is continuing to consolidate with several prominent M&A deals such as CCI's (Communication Components, Inc.) acquisition of BLiNQ Networks and Mavenir's merger with Ranzure Networks.
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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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