Press release
Wearable Device Market Size, Share and Forecast to 2025: Apple, Fitbit, Xiaomi, Garmin, Huawei, APX Labs, Augmate
Wearable devices will ultimately become the primary medium for communication, infotainment services, health solution, textile, military, and industrial solutions. The entire wearable technology ecosystem will be built around Body Area Network (BAN), Augmented Reality (AR), sensor networks, short range P2P communication modalities, and utilization for ambient awareness.
The wearables market continues to generate a lot of attention, both positive and negative. Fitness trackers and smart watches remain the flag bearers of the wearables market, seeing growth but at a slower pace than estimated earlier. Fitness trackers are facing a tough road ahead, with the market possibly reaching a saturation point as the addressable market for fitness enthusiasts and casual users starts to reach its limit. Smart watches are catching up with fitness trackers in terms of volumes and continuing to see momentum courtesy of the Apple Watch, while fitness tracker companies like Fitbit are experiencing as much as a 40% drop in revenue over recent quarters. Both smart watches and fitness trackers continue to see market consolidation, with companies like Pebble being acquired by Fitbit and having their product discontinued, while fitness tracker company Jawbone is undergoing liquidation.
The Wearable Device market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wearable Device.
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This report presents the worldwide Wearable Device market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Apple
Fitbit
Xiaomi
Garmin
Huawei
APX Labs
Augmate
DAQRI
Epson
Fitbit
Castlight Health
Microsoft
SAP
SmartCap
Thalmic Labs
Vuzix
Wearable Device Breakdown Data by Type
Fitness Trackers & Smart Watches
Wearable Cameras
Body Sensors
Smart Glasses
Smart Clothing
Smart Headphones
Others
Wearable Device Breakdown Data by Application
Healthcare
Textile
Military
Industrial
Others
Wearable Device Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Wearable Device Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Wearable Device status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Wearable Device manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Wearable Device :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wearable Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Vision Research Reports is unquestionably an expert in providing research reports on a diverse number of subjects including Alternative and Green Energy, Chemical, Energy, Glass, Machinery, Manufacturing, and Pharmaceuticals and Materials. We cater to distinguished MNCs, private equity firms, SMEs and Chinese companies pertaining to their market research data requirements.
We offer generic and amalgamated studies as well as customized studies to our clients based on their specific requirements. Our modus operandi constitutes of detailed and meticulous market surveys, company profiling, competitive landscaping and primary interviews. Our prudent insights have been vital in the inception of many investment programs, new project development programs, startups and technology breakthroughs.
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