2017-2021 Global Wearable Security Devices Market to Grow at a CAGR Of 18.76%

Market Research HUB’s announced “Global Wearable Security Devices Market 2017-2021”, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Smart wearable devices function like smartphones and tablets. Some of the key benefits these devices offer to the end-users include messaging and calling services, real-time fitness monitoring, and monitoring of heart rate. In addition, they provide sleep statistics, calorie intake, exercise patterns, and information pertaining to the daily activities of users. These devices can also monitor activities of a baby from a remote location to provide valuable health insights.

According to the report, innovations in technology and rising health issues have increased the demand for wearable healthcare devices enabled with some modern features. Smart wearable devices help consumers track and monitor their health on a regular basis. Individuals use these devices to support heart rate; monitor body temperature, remote cardiac, and calorie burned; and records sleep statistics (even of babies).

Further, the report states that though the smart wearable devices are small, they store huge amounts of vital and sensitive information about the day-to-day activities of the users. These devices can easily be misplaced or lost because of their small size. The smart wearable devices can cause work interruption for users as they store a huge amount of sensitive information. The smart wearable devices also use GPS navigation systems for receiving location-based information. For instance, users of Google Glass must share their location while checking in at Foursquare stored in its database. This information can also be retrieved and used by advertisers.

Key vendors

• Apple
• Google
• Fitbit
• Samsung

Other prominent vendors

• Amulyte
• BearTek
• Carré Technologies
• COOLSHIRT SYSTEMS
• Electricfoxy
• Emotiv Systems
• Epson America
• Everfind
• EyeTap
• Finis
• Fujitsu
• Garmin
• Geak
• Geo Group
• Geopalz
• NeuroSky
• Nod
• Omsignal
• Optinvent
• OrCam Technologies
• Orion (Onbeep)
• Owlet
• Pebble
• PFO Tech
• Playtabase

Market driver

• Increased adoption of IoT technology
• For a full, detailed list, view our report

Market challenge

• Connectivity issues in developing regions
• For a full, detailed list, view our report

Market trend

• Increased awareness of 3D printing
• For a full, detailed list, view our report

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Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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