|04-15-2019 05:27 PM CET - Health & Medicine||
Wearable Devices Market 2019 Industry Evaluation By Worldwide Companies Adidas, Apple, Fitbit, Garmin International, Google, Jawbone, LG España Empresas, Nike, Qualcomm, Samsung Electronics, Sony and More
Press release from: Data Bridge Market Research
The Wearable Devices Market report helps in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This Global Wearable Devices Market research report comprises of different industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. It helps companies to take decisive actions to deal with threats in the niche market. The Wearable Devices report presents actionable market insights with which businesses can settle on sustainable and lucrative strategies.
With the market info provided in the Wearable Devices report, it has become easy to gain global perspective for the international business. Focus groups and in-depth interviews are included for qualitative analysis whereas customer survey and analysis of secondary data has been carried out under quantitative analysis. Wearable Devices Market research report acts as a very significant constituent of business strategy. Wearable Devices Market report is a definite study of the ABC industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. Wearable Devices Market report proves to be a sure aspect to help grow your business.
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Wearable Devices Market USD 17.8 Billion in 2016, and are expected to reach USD 64.6 billion by 2024, growing at a CAGR of 17.6% in the forecast period 2017 to 2024. The Global Wearable Devices Market, By Product Type (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others), By Industry (Consumer Products, Healthcare, Industrial, and Others), By Type (Smart Textile (Passive, Active, Ultra Smart) (Sensing, Energy Harvesting, Luminiscence, Thermo Electricity), Non-Textile), By Technology, By Component, By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2024
Top Key Players:
• Adidas AG
• Apple, Inc.
• Fitbit, Inc.
• Garmin, Ltd.
• Google, Inc.
• Jawbone, Inc.
• LG Electronics Inc.
• Nike, Inc.
• Pebble Technology Corp.
• Qualcomm, Inc.
• Samsung Electronics Co., Ltd.
• Sony Corporation
• Xiaomi Technology Co., Ltd.
• Among other vernacular players
The global wearable devices market is segmented based on industry into consumer products, healthcare, industrial, and others. The growth of wearable devices market in the consumer products industry is owing to the increasing demands for wristwear and bodywear products growing in this market.
Based on product type the wearable devices market is segmented into wristwear, eyewear, footwear, neckwear, bodywear, and others. Wrist wearable products are likely to grow in popularity in the coming years. The market is growing with increasing sales of smartwatches expected to be launched by leading players. It is expected that with major companies foraying into the market such as Apple and Samsung, the look and feel for wearables would increase immensely. These devices are targeting the fashion sense and the health necessity hence doubling the growth of the market. Initially these products were for the priviledged but with Chinese players launching their products in developing nations, the market in South Asian and South American countries are expected to drive the growth of the market.
Based on geography the wearable devices market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is expected to dominate the market due to strong awareness of pedometers and smart watches in this region. The rising pool of chronic diseases like obesity and diabetes is also the major factors in development of this market.
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Major Highlights of TOC:
Chapter One: Market Overview
1.2. Scope/Objective of the Study
Chapter Two: Executive Summary
Chapter Three: Market Dynamics
3.2. Market Drivers
Chapter Four: Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
Chapter Nine: Methodology and Data Source
9.1. Methodology/Research Approach
9.2. Data Source
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