openPR Logo
Press release

Wearable Devices Market Comprehensive Analysis and Business Growth to 2025 : Top Key Players are Apple Inc., Google LLC ,Microsoft Corporation, Sony Corporation, Samsung Electronics Cp., Ltd., Garmin Ltd., LG Electronics

02-06-2020 06:57 AM CET | IT, New Media & Software

Press release from: Meticulous Research

/ PR Agency: Meticulous Research
Wearable Devices Market

Wearable Devices Market

Wearable devices, also termed as smart wearables are electronic technology or devices incorporated into items that can be comfortably worn every day on the body. These devices are used for tracking user information on a real-time basis. Meticulous Research® in its latest publication on wearable device market states that the global wearable device market will grow at a CAGR of 11.3% from 2019 to 2025 to reach USD 62.82 billion by 2025.

The growth of the global wearable device market is mainly attributed to adoption of wearable across multiple application areas. Growing consumer preference for connected devices and the increasing proliferation of IoT and associated devices are perfectly complimenting the overall growth of the wearable devices market. However, concerns with data privacy and security and lack of internet and associated infrastructure in some developing and underdeveloped countries are limiting the adoption of wearable devices, thereby restraining the market growth to a certain extent. Consequently, emerging economies such as Latin America, South East Asia, and Africa are yet to catch pace with the global implementation of wearable devices market.

Get Inside Scoop Of The Report, Download For Free Sample PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5050
(Note: Sample PDF Download with TOC, Charts, and Graphs)

To provide efficient analysis, Meticulous Research has segmented this market on the basis by product type (smartwatch, ear wear, clothing, wristband and others), end-use industry (consumer electronics, healthcare, enterprise & industrial, media & entertainment and others), connectivity medium (cellular, NFC, Bluetooth, Wi-Fi and ANT+) and region - global forecast to 2025.

Geography Review:

Geographically, North America commanded the largest share of the wearable devices market followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. The major share of North America is mainly attributed to the high acceptance of new technology by consumers, presence of majority of established wearable device players and start-ups in the region, and availability of a variety of smart devices. However, the rising consumer acceptance of wearable devices, economic growth, increasing disposable incomes, presence of large share of young populations, is driving the fastest growth in the Asia-Pacific market.

In 2018, smartwatches commanded the largest share of the global wearable devices market. Growing awareness pertaining to personal fitness and health among consumers and increasing demand for wireless health monitoring devices are the key factors that have led to majority share of the smartwatches in the overall wearable devices market. However, novel technologies in wearable devices, such as clothing and earwear are expected to grow at a fastest CAGR during the forecast period. Consumer preference towards adopting advanced technologies is driving the fast growth in these segments.

In terms of end-use industry, the healthcare segment accounted for the largest share of the global wearable devices market in 2018. Several wearable devices, such as fitness trackers and smartwatches are used by medical professionals to acquire physiological, behavioral, and contextual data for diagnosis, treatment, and management of chronic diseases. Besides, these devices are also generating a sense of healthy lifestyle among young as well as old population. These are some of the key factors that contribute to the large share of healthcare industry in the overall wearable devices market.

Request Exclusive Sample PDF Of This Report At:https://www.meticulousresearch.com/request-sample-report/cp_id=5050

Key Players:

The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players in this market including Apple, Inc. (U.S.), Google LLC (U.S.), Microsoft Corporation (U.S.), Sony Corporation (Japan), Samsung Electronics Cp., Ltd. (South Korea), Garmin Ltd. (U.S.), Huawei Technologies Co., Ltd (U.S.), Fitbit, Inc. (U.S.), LG Electronics (South Korea), Misfit (U.S.).

Key Topics Covered in This Report:

1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.2.3. Key Stakeholders

2. Research Methodology
2.1 Research Approach
2.2 Data Collection
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Assessment
2.3.1 Market Size Estimation
2.3.1.1 Bottom-Up Approach
2.3.1.2 Top-Down Approach
2.3.1.3 Growth forecast
2.3.1.4 Market Share Analysis
2.4 Assumptions for the Study
2.5 Limitations for Study

3. Executive Summary
3.1. Key Opportunities
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Growing Adoption of Wearables across Multiple Application Areas
4.2.1.2. Growing Consumer Preference for Connected Devices
4.2.1.3. Increasing Penetration of IoT and Related Devices
4.2.2. Restraints
4.2.2.1. Lack of Data Privacy and Security
4.2.2.2. Lack of Internet and Associated Infrastructure in Underdeveloped Countries
4.2.3. Opportunities
4.2.3.1. Increasing Demand of Wearable Devices in Remote Patient Monitoring
4.2.4. Challenges
4.2.4.1. Initial High Cost and Limited Battery Life
4.2.5. Trends
4.2.5.1. Smart Textile and Electronic Clothing

5. Wearable Devices Market, by Product Type
5.1. Introduction
5.2. Smartwatch
5.3. Earwear
5.4. Clothing
5.5. Wristband
5.6. Other

6. Wearable Devices Market, by End-Use Industry
6.1. Consumer Electronics
6.2. Healthcare
6.3. Enterprise & Industrial
6.4. Media & Entertainment
6.5. Others

You can Buy This Report from Here (with 20% Discount Offer)@ Wearable Devices Market -https://www.meticulousresearch.com/buy_now.php?pformat=351&vformat=1040

7. Wearable Devices Market, by Connectivity Medium
7.1. Introduction
7.2. Cellular
7.3. NFC
7.4. Bluetooth
7.5. Wi-Fi
7.6. Ant+
8. Global Wearables Device Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. India
8.4.3. China
8.4.4. Rest of APAC (Rest of APAC)
8.5. Latin America
8.6. Middle East & Africa

9. Competitive Landscape
9.1. New Product Launches
9.2. Mergers and Acquisitions
9.3. Partnerships, Agreements, and Collaborations

10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Garmin Ltd
10.2. Fitbit Inc.
10.3. Huawei Technologies
10.4. Microsoft Corporation
10.5. Sony Corporation
10.6. Apple Inc.
10.7. Samsung
10.8. LG Electronics
10.9. Google LLC
10.10. Misfit, Inc.

11. Appendix
11.1. Questionnaire

Look insights of Global Wearable Devices Market industry research report at:https://www.meticulousresearch.com/product/wearable-devices-market-5050/

Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt.Ltd
Address: Pune, India
Phone: +91-744-778-0008
Website: https://www.meticulousresearch.com/product/wearable-devices-market-5050/

Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wearable Devices Market Comprehensive Analysis and Business Growth to 2025 : Top Key Players are Apple Inc., Google LLC ,Microsoft Corporation, Sony Corporation, Samsung Electronics Cp., Ltd., Garmin Ltd., LG Electronics here

News-ID: 1920906 • Views: …

More Releases from Meticulous Research

The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth. Download free…
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031." Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561 According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth…
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction: Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is…
IoT Sensors Market to be Worth $56.8 Billion by 2030
IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.' According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of…

All 5 Releases


More Releases for Wearable

Wearable Manicure Market
The "Wearable Manicure Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Wearable Manicure Market, 2024-2031 Verified Market Research's most recent report, "Wearable Manicure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Wearable Biosensors Industry: Unveiling Health Insights through Wearable Technol …
The wearable biosensors market is predicted to rise to US$ 65,400.2 Million by 2033 from an estimated US$ 29,648.8 Million in 2023. From 2023 to 2033, the market for wearable biosensors is anticipated to expand at a CAGR of 8.2%. The wearable biosensors market is revolutionizing personalized healthcare by enabling real-time monitoring of health parameters and providing valuable insights for individuals. Wearable biosensors, integrated into devices such as smartwatches, fitness bands,…
Pet Wearable
Global Pet Wearable Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. The Pet Wearable can be defined as smart wearable devices intended for pets. These devices are utilized for identification and tracking of pets. Pet wearable comprised of different devices such as Smart Collar, Smart Vest, Smart Harness, and…
Wearable Injectors Market | On-body Wearable Injectors, Off-body Wearable Inject …
A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order…
WEARABLE TECHNOLOGY REVOLUTION IN THE HEALTHCARE INDUSTRY BY DEVICES (WEARABLE M …
The various scientific advancements are constantly transforming the healthcare industry to improve patient care and diagnosis. The advent of smart wearable technology is modifying the healthcare industry in the form of wearable medical devices. Let’s take a look at some of the most trending gadgets that are enhancing the lives of patients using this user-friendly wearable technology: Biopatches, Bands, and Phone Pads for Heart Rate Monitoring: Biopatches are lightweight, wireless diagnostic wearable…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…