Press release
The Wearable Technology Ecosystem Technology Advances and Forecast By 2020 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
While wearable technology has been utilized in vertical sectors such as the military and healthcare 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, wireless carriers, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.
SNS Research estimates that by 2015, wearable devices shipments will surpass 90 Million and will account for nearly $20 Billion in revenue. The market is further expected to grow at a CAGR of nearly 40% over the next six years.
The “Wearable Technology Ecosystem: 2014 – 2020 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable technology ecosystem including key market drivers, challenges, investment potential, consumer & vertical market opportunities, use cases, future roadmap, value chain, case studies, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2014 through to 2020. The forecasts are further segmented for 7 device form factor submarkets, 6 vertical markets, 6 regions and 73 countries.
Get Sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/232287
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
Key Findings:
The report has the following key findings:
By 2015, wearable device OEMs will pocket nearly $20 Billion from device shipment revenues
Wearable device shipments are further expected to grow at a CAGR of nearly 40% over the next 6 years, eventually accounting for 340 Million device shipments by the end of 2020
Wireless carriers are increasingly integrating wearable devices within their M2M and IoT strategies
Wearable devices will help wireless carriers drive over $71 Billion in additional service revenue by the end of 2020, following a CAGR of 95% between 2014 and 2020
The wearable applications ecosystem will account for nearly $850 Million in revenue by the end of 2015
Driven by ongoing innovation and crowdfunding campaigns, SNS Research estimates that investors are expected to pour over $700 Million into wearable company startups in 2014
The market is ripe for acquisitions of pure-play wearable technology startups, as competition heats up between consumer and vertical centric OEMs
Nearly 50% of all wearable devices shipped in 2020 will support embedded cellular connectivity. This represents a $1.1 Billion opportunity for wireless chipset suppliers
Topics Covered:
The report covers the following topics:
Wearable technology ecosystem
Market drivers and barriers
Enabling technologies for wearable devices
Prospects of standardization and regulation for wearable technology
Wearable technology industry roadmap and value chain
Assessment of vertical market opportunities and use cases for consumer, healthcare, retail & hospitality, military, public safety and 8 other verticals
Case studies of wearable technology deployments
Company profiles and strategies of 276 wearable technology ecosystem players
Wearable device vendor market share
Prospects of smartphone OEMs in the wearable technology ecosystem
LTE Direct and its impact on wearable technology
Strategic recommendations for enabling technology providers, wearable device OEMs, vertical market players, application developers and wireless carriers
Market analysis and forecasts from 2014 till 2020
Forecast Segmentation:
Market forecasts are provided for each of the following submarkets and their categories:
Wearable device shipments and revenue
Wearable application ecosystem revenue
Wearable driven wireless carrier service revenue
Vertical Submarkets
Consumer
Healthcare
Retail & Hospitality
Military
Public Safety
Others
Form Factor Submarkets
Smart Bands
Smart Watches
Smart Glasses
Smart Clothing
Smart Jewelry
Heads-up Displays
Others
Regional Markets
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Country Markets
73 Country level markets: Algeria, Argentina, Australia, Austria, Bangladesh, Belarus, Belgium, Bolivia, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Luxembourg, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, South Africa, South Korea, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UAE, UK, Ukraine, Uruguay, USA, Uzbekistan, Venezuela and Vietnam
Key Questions Answered:
The report provides answers to the following key questions:
How big is the wearable technology ecosystem?
How is the ecosystem evolving by segment and region?
What will the market size be in 2020 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key wearable device vendors and what are their strategies?
How much are vertical enterprises investing in wearable devices?
What opportunities exist for wireless chipset suppliers in the wearable technology ecosystem?
How can wireless carriers capitalize on the growing popularity of smart glasses and other wearable devices?
Which countries, regions and verticals will see the highest percentage of wearable device shipments?
How big is the wearable applications ecosystem?
List of Companies Mentioned:
The following companies and organizations have been reviewed, discussed or mentioned in the report:
270 Vision
3L Labs
4DForce
4iii Innovations
9Solutions
Active Mind Technology
Adidas
AgaMatrix
AirType
Amazon
AMD (Advanced Micro Devices)
Amiigo
Animas
Apple
ARA (Applied Research Associates)
Archos
ARM Holdings
Asahi Kasei Group
Atheer Labs
Atlas Wearables
Augmendix
Avegant
BAE Systems
Baidu
BI (GEO Group)
BIA Sport
Bionym
Biosensics
BIT (Blue Infusion Technologies)
Bluetooth Special Interest Group
BodyMedia
Boston Scientific
BRAGI
Breitling
Brilliantservice
Broadcom
Brother Industries
Brunel University
BSX Insight
BTS Bioengineering
Buhel
Cambridge Temperature Concepts
Carre Technologies
Casio
Catapult
Cisco
Citizen
Cityzen Sciences
Codoon
CommandWear
ConnecteDevice
Control VR
CoolShirt Systems
Creaholic
CSR plc
Cuff
Cyberdyne
DARPA (Defense Advanced Research Projects Agency)
Dell
Diesel
DKNY
DorsaVi (ASX)
Dreamtrap Commercials
Durex
E Ink Holdings
EB Sport Group (Sync)
EdanSafe
Ekso Bionics
Electric Foxy
Emotiv Systems
Epson (Seiko Epson Corporation)
EuroTech
Evena Medical
Everfind
Exelis
EyeTap
FashionTEQ
Fat Shark
Fatigue Science
FDA (U.S. Food and Drug Administration)
Filip Technologies
Finis
FitBark
Fitbit
Flextronics
Flyfit
Fossil
Foxtel
Freescale Semiconductor
Fujitsu
Garmin
GDC4S (General Dynamics C4 Systems)
GEAK (Shanda Group)
Gemalto
Geopalz
Georgia Institute of Technology
Ginger.io
Given Imaging
GlassUp
GN Store Nord (Intelligent Headset)
GoPro
GOQii
HealBe
Heapsylon
HereO
Hovding
HP
HTC
Huawei
i’m SpA
i4C Innovations
IAMAS (Japanese Institute of Advanced Media Arts and Sciences)
ICEdot
iHealth Lab
iLOC Technologies
Imagination Technologies
Imec
Immerz
Ineda Systems
InfinitEye
Instabeat
Intel/Basis Science
InteraXon
Intersections
InvenSense
iRhythm
Iron Will Innovations
ITAMCO (Indiana Technology and Manufacturing Companies)
ITT Corporation
Jabra (GN Netcom)
Jawbone
Jaybird
Johnson & Johnson
Kapture
Ki Performance Lifestyle
Kiwi Wearables
KMS Solutions
Kreyos
Kronoz (Mykronoz)
L-3 Communications
L-3 Mobile-Vision
Lark Technologies
Laster Technologies
LeapFrog Enterprises
Lechal
LG Electronics
Limmex
Lockheed Martin
LogBar
LOSTnFOUND
Loughborough University
Lumo BodyTech
Lumus
Luxottica
Mad Apparel
Magellan (MiTAC Digital Corporation)
Martian Watches (SilverPlus)
Matilde
McLear
Medtronic
Melon
Memi
META
Meta (MetaWatch)
Microsoft (Nokia)
MindStream
Mio Global
Misfit Wearables
MiTAC International
MarketResearchReports.biz supports your business intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(USA-CANADA)
Tel: +1-518-621-2074
E: sales@marketresearchreports.biz
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 The Wearable Technology Ecosystem Technology Advances and Forecast By 2020 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts here
News-ID: 378727 • Views: …
More Releases from MRRBIZ
Operating Room Equipment Market to Gain from High Demand for ASCs and Hybrid Ope …
An operating room (OR) is a facility within a hospital or a clinic where surgeries are performed on patients in order to treat different physiological and pathological conditions. Technological advancements have brought a lot of change in the way surgical procedures are carried out today. Operating rooms are becoming more spacious with new and advanced operating tables, operating room lights, high resolution and high definition surgical imaging displays, movable imaging…
Global Publishing Market Size, Innovative Trends To Drive Growth 2016-2020
About Publishing
Publishing refers to the process of communicating a set of information to the public through print, recording, TV, radio, or the internet. It involves writing, editing, and distributing content through print and digital medium. Publishing includes several industries such as education, banking and finance, music, government, and healthcare. In this report, we have considered only print and digital media, which further includes newspaper, books, and magazines from both the…
Global Contact Center Market Emerging Evolution To Reach at CAGR of 10.64% Over …
Contact centers have experienced an irretrievable evolution over the last decade. The faculty at a contact center is used to manage clients or customers. They also get in touch with customers via email, telephones, web chat, and social media. Consequently, over the past two decades, many business enterprises have established several contact centers to manage customer interactions. It could be an in-house team or outsourced to a third-party assistance. Such…
Global Li-Fi Market Analysis, Technology Advancement To Reach at CAGR of 47.73% …
About Li-Fi
The incapability of light to penetrate obstructions and walls ensures that data transmitted will be limited to the room or space. This property makes Li-Fi more secure than Wi-Fi. In addition, Li-Fi does not cause electromagnetic interference. Although the LED bulb must be kept on for transmitting the signal, it can be lowered as per needs. Data can be transferred using Li-Fi technology through all types of light, regardless…
More Releases for Wearable
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…
Wearable Medical Device Market: Wearable health devices offer ‘stitch in time …
Market Highlights
Increasing penetration of smartphones and rising number of smartphone based healthcare applications compatible with devices is expected to spur the market demand over the forecast period. Furthermore, growing awareness about physical fitness and increasing preferences for wireless connectivity among the healthcare providers is also projected to impact the industry growth positively.
North America regional market is projected to dominate the wearable medical device market, followed by Europe which can…
Wearable Technology and IOT Wearable Device Market - The Adoption of Wearable De …
The global wearable technology and IoT wearable device market is foretold to witness lucrative business prospects owing to the ever-increasing demand for wearable devices. Wearable technology includes smart electronic devices that can be worn on the body as accessories.
Wearable devices such as smart watches are a good example of Internet of Things. The application base of wearable technology is expanding with the expansion of the technology itself. Consumer electronics such…
Wearable Fitness Technology Market - Increasing Consumer Preferences Regarding W …
Wearable fitness technology concerns any kind of electronic product that have been designed to be worn by the person so that it can keep a track of its footsteps, heartbeat so that one can keep himself fit and fine and also give a real time information about the health of the overall body. The global Wearable Fitness Technology market is anticipated to witness a robust growth rate during the forecast…
