openPR Logo
Press release

Wearable Computing Devices Market expected to grow at a CAGR 36.8% from 2015 to 2020

11-29-2016 07:28 AM CET | Health & Medicine

Press release from: Future Market Insights

Wearable Computing Devices Market expected to grow at a CAGR

Future Market Insights (FMI), in its recent report titled “Wearable Computing Devices Market: Smart Fitness Devices to Outpace Market Growth, 2014 to 2020” indicates that the global wearable computing devices market revenue is expected to grow at a considerable CAGR of 36.8% during the forecast period. In addition, in terms of shipments this market is expected to reach over 160 million units by 2020.

Vineet Kumar, a consultant at FMI, said, “Expected fall in average selling price of wearable devices in near future and increased awareness among users is likely to accelerate the growth of wearable computing devices market during the forecast period. Further, growing health concern and availability of open source application are anticipated to increase the adoption of smart fitness and smart accessories in the near future”.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-252

This report includes two segments, namely, product category and vertical. The segment product category is further sub-segmented into smart accessories, smart textile and smart fitness accessories. Among all the aforementioned sub-segments, smart fitness accessories sub-segments accounted for more than 70% of the global wearable computing devices shipment share in 2013; however, this is expected to decrease by more than quarter share by 2020. The sub-segment smart textile shipment CAGR is 3x when compared to overall wearable computing devices CAGR in 2020. The sub-segment smart accessories can be further categorised into smart watches and smart bands. Among all the aforementioned categories, smart bands to dominate the market with 50% share of overall smart accessories revenue and shipment. Smart textile sub-segment includes smart apparels and clothing & innerwear. Of all the smart textile categories smart apparels market to experience higher CAGR than clothing & innerwear market over the forecast period.

The segment vertical includes consumer vertical and business to business (B2B) Vertical. Consumer vertical accounted for more than half of the share of wearable computing devices market revenue in 2013.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-252

Region-wise, North America dominated the market with over one-third share of the overall wearable computing devices market revenue, followed by Western Europe, in 2013. However, among all the regions, the wearable computing devices market in Asia-Pacific is expected to grow at a considerable CAGR during the forecast period. Wearable computing devices market growth in Asia-Pacific is mainly driven by fall in average selling price of wearable devices and accessories.

Major participants in the global wearable computing devices market continue to focus on introduction of advanced wearable devices and accessories in order to increase their client base and attract new customers. Some of the top players in global wearable computing devices market are Apple Inc., Adidas AG, Nike Inc., Samsung Electronics Co. Ltd. and Fitbit Inc. These top players accounted for over 50% market share in 2013.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Computing Devices Market expected to grow at a CAGR 36.8% from 2015 to 2020 here

News-ID: 388231 • Views:

More Releases from Future Market Insights

Beverage Clouding Agent Market Expected to Hit USD 2.8 Billion by 2035, Boosted by Health-Focused Beverage Trends
Beverage Clouding Agent Market Expected to Hit USD 2.8 Billion by 2035, Boosted …
The global beverage clouding agent market, currently valued at USD 1.4 billion, is poised for significant expansion, with a new market analysis projecting it will reach USD 2.8 billion by 2035. This growth, reflecting a robust Compound Annual Growth Rate (CAGR) of 7%, is fueled by a confluence of evolving consumer preferences, a booming non-alcoholic beverage sector, and a focus on visual aesthetics. Request Beverage Clouding Agent Market Draft Report -
Better-for-You Snacks Market to Grow at 2.9% CAGR as Consumers Favor Healthier, Functional Options
Better-for-You Snacks Market to Grow at 2.9% CAGR as Consumers Favor Healthier, …
The global Better for You snacks market is experiencing a significant and sustained evolution, presenting a unique opportunity for manufacturers to innovate and secure future growth. A new market analysis reveals the sector is projected to expand from USD 40.9 billion in 2025 to USD 54.4 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 2.9%. This expansion is fueled by a profound shift in consumer mindset,
Blackcurrant Powder Market Projected to Reach USD 2.2 Billion by 2035, Driven by Growing Nutraceutical Adoption
Blackcurrant Powder Market Projected to Reach USD 2.2 Billion by 2035, Driven by …
The global blackcurrant powder market is on a robust growth trajectory, set to expand from an estimated value of USD 1.2 billion in 2025 to USD 2.2 billion by 2035. This remarkable 6.2% CAGR reflects a burgeoning demand for nutrient-dense, plant-based ingredients, presenting a significant USD 1.0 billion absolute dollar opportunity for manufacturers seeking to innovate and capture new markets. This upward momentum is driven by a heightened consumer awareness of
Medicinal & Aromatic Plant Market Forecast to Hit USD 966.5 Billion by 2035, Bac …
In a compelling shift toward natural and holistic wellness, the global medicinal and aromatic plant market is set to experience an unprecedented surge. New data reveals that the market, valued at an estimated USD 443.5 billion in 2025, is projected to more than double to a staggering USD 966.5 billion by 2035, growing at an impressive Compound Annual Growth Rate (CAGR) of 8.1%. This robust growth signals a clear call

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,