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Wearable Technology Market Estimated to Rise Profitably with CAGR 22.0% during 2018 – 2021 | Analysis by Top Competitors - Amazon, 270 Vision, Abbot, Acer, AcousticSheep, Active Mind Technology, Adidas, AGPtek, AliveCor

10-29-2018 04:43 AM CET | IT, New Media & Software

Press release from: Market Prognosis

Wearable Technology Market

Wearable Technology Market

Marketprognosis.com Publish a New Market Research Report On “The Wearable Technology Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts” which contains global key player’s survey information and forecast to 2030.

Overview of the Global Wearable Technology Market:

The market research analyst 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.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/13883 .

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 smart watches and fitness trackers to smart glasses to hearable.

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.

Purchase this report online with 596 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/13883 .

Major Industry Key Players:

1 270 Vision

2 3L Labs

3 4DForce

4 4iii Innovations

5 9Solutions

6 Abbot Laboratories

7 Acer

8 AcousticSheep

9 Active Mind Technology

10 Adidas

11 AGPtek

12 AliveCor

13 Alphabet

14 Amazon and Many More…………………

Key Findings:

1 Driven by the thriving ecosystem, market research analyst estimates that the mHealth market will account for more than $28 Billion in 2018 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, market research analyst estimates further growth at a CAGR of approximately 30% over the next three years.

2 With ongoing advances in key enabling technologies such as the miniaturization of sensors and the development of 5G NR (New Radio) platforms, a spate of new applications are beginning to emerge – ranging from connected drug delivery platforms to UHD (Ultra High Definition) video streaming for remote medical examinations.

3 The market research analyst estimates that annual unit shipments of health and fitness-centric wearable devices will surpass 105 Million by the end of 2018. In order to gain valuable insights from the data generated by these devices, healthcare providers and other stakeholders are increasingly investing in Big Data and analytics technology.

4 As key stakeholders realize the revenue potential of mHealth, a spate of prominent strategic partnerships is beginning to emerge. For example, pharmaceutical giant Novartis has recently partnered with digital therapeutics specialist Pear Therapeutics to co-develop prescription mobile apps aimed at treating patients with multiple sclerosis, schizophrenia and substance use disorder.

Grab Your Report at an Impressive Discount @ https://marketprognosis.com/discount-request/13883 .

Market forecasts are provided for each of the following 5 submarkets and their 23 use case categories:

1 Pharmaceutical Applications

2 Information & Healthcare Management

3 Healthcare & Fitness

4 Remote Consultation/Diagnostic Services

5 IoT, Wearable Technology, Sensor & Monitoring Applications

Ecosystem Player Segmentation:

1 Mobile Operators & Connectivity Providers

2 Mobile & mHealth Device OEMs

3 Content & Application Providers

4 Healthcare Service Providers

5 Pharmaceutical Industry

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

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