Press release
Growth Prospects of Wearable Technology Ecosystem Market : Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
Synopsis
While wearable technology has been utilized in vertical sectors such as the military and healthcare industries 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, mobile operators, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.
SNS Research estimates that wearable device shipments will grow at a CAGR of 29% between 2016 and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240 Million annual unit shipments.
View Report @ https://www.marketresearchreports.biz/reports/714523/the-wearable-technology-ecosystem-2016-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts-market-research-reports
The “Wearable Technology Ecosystem: 2016 - 2030 - 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 2016 through to 2030. The forecasts are further segmented for 7 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries.
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:
SNS Research estimates that wearable device shipments will grow at a CAGR of 29% between 2016 and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240 Million annual unit shipments.
Leading smartphone OEMs, Apple and Samsung, are replicating their success in the OS powered smart watch arena with a combined market share of nearly 75%.
As wearable device OEMs seek to minimize dependence on hardware sales, new business models are beginning to emerge, particularly in the enterprise space. For example, specialist vendors such as Catapult are offering subscription based services to sports teams, which combine wearable sensors, cloud-based software and analytics.
SNS Research estimates that wearable devices will help mobile operators drive over $13 Billion in service revenue by the end of 2020, following a CAGR of nearly 32% between 2016 and 2020.
The market is ripe for acquisitions of pure-play wearable technology startups, as competition heats up between consumer and vertical centric OEMs.
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Topics Covered:
The report covers the following topics:
Wearable technology ecosystem
Market drivers and barriers
Enabling technologies and operating systems for wearable devices
Standardization and regulation landscape
Wearable technology industry roadmap and value chain
Assessment of vertical market opportunities and use cases for consumer, healthcare, professional sports, retail & hospitality, military, public safety and 8 other verticals
Case studies of wearable technology deployments
Company profiles and strategies of over 440 wearable technology ecosystem players
Wearable device vendor market share
Prospects of smartphone OEMs and wireless chipset suppliers in the wearable technology ecosystem
Impact of 5G, NB-IoT and LTE Direct on wearable technology
Strategic recommendations for enabling technology providers, wearable device OEMs, vertical market players, application developers and mobile operators
Market analysis and forecasts from 2016 till 2030
Forecast Segmentation:
Market forecasts are provided for each of the following submarkets and their categories:
Vertical Submarkets
Consumer
Healthcare
Professional Sports
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 mobile operators capitalize on the growing popularity of smart watches, fitness bands, smart glasses and other wearable devices?
Which countries, regions and verticals will see the highest percentage of wearable device shipments?
Which sports category will see the highest level of wearable technology integration?
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
Abbot Laboratories
Acer
AcousticSheep
Active Mind Technology
Aplus
Appirio
Apple
ARA (Applied Research Associates)
Arc Wearables
Archos
ARM Holdings
Arrow Technologies
Arubixs
ASUS (ASUSTeK Computer)
AT&T
Atellani
Atheer Labs
Atlas Wearables
Augmendix
Avegant
AVG
BAE Systems
Baidu
Barclays
Basis (Basis Science)
Beddit
Behavioral Technology Group
Bellabeat
BI (GEO Group)
BIA Sport
Biosensics
Control VR
Cooey
Cool Shirt Systems
Cordon
Creoir
CSR
Cuff
Cyberdyne
DAQRI
Dell
Dexcom
Dialog Semiconductor
DIGICare Technology
Digitsole
Disney
DK Tek Innovations
DorsaVi (ASX)
Dreamtrap Commercials
Dubai Police
Ducere Technologies
EB Sport Group
Ekso Bionics
Electric Foxy
Emanuel Ungaro
Emotiv Systems
Flyfit
Force Impact Technologies
Fossil Group
FOVE
Foxtel
Free Wavz
Fujitsu
Garmin
GEAK (Shanda Group)
Gemalto
General Dynamics Mission Systems
Geopalz
GestureLogic
Ginger.io
GlassUp
Glofaster
GN Store Nord
GoPro
GOQii
Gucci
Guess
HealBe
HereO
Hexoskin (Carre Technologies)
Hollywog
Honeywell International
House of Horology
Hövding
HP (Hewlett-Packard Company)
HTC
Huawei
Iron Will Innovations
Jaguar Land Rover
Japanese Institute of Advanced Media Arts and Sciences
Jarden Corporation
Jawbone
Jaybird
JINS (JIN CO.)
Johnson & Johnson
Joyray Technology
Kairos Watches
Kapture
KeldD
Ki Performance
Kinderl
Kinematix
Kiwi Wearable Technologies
KMS Solutions
Kokoon
Kopin Corporation
KoruLab
Kreyos
Kronoz
Kuaiwear
L-3 Communications
Lark Technologies
Laster Technologies
Leaf Healthcare
Magellan (MiTAC Digital Corporation)
MainTool
Martian Watches
Matilde
Mattel
MC10
McLear
MediaTek
Medibio
Medtronic
Melon
Merge Labs
META
Meta Watch
Micromax Informatics
Microsoft Corporation
MindStream
Mio Global
Mira
Misfit
Moff
Mondaine Watch
Mondevices
Montblanc
Moov
MOTA
Moticon
Motion Fitness
Motorola Mobility
Movable
Mozilla Corporation
Mutalink
Mutewatch
Myontec
Narrative
Nautilus
OMG Life
Omron
OMsignal
Opening Ceremony
Oppo
Optalert
Optinvent
OrCam Technologies
OriginGPS
Orion Labs
Orpyx Medical Technologies
O-Synce
?URA
Owlet Baby Care
Panasonic Corporation
Paris Miki Holdings
Pebble
Perceptive Devices
Performance Sports Group
Perpetua Power Source Technologies
PFO Tech
PHTL (PH Technical Labs)
Phyode
Pivotal Corporation
Pivothead
Pixie Scientific
Plantronics
Playtabase
PNI Sensor
Polar Electro
PragmaSystems
Preventice Solutions
Proteus Digital Health
Pulse
PUSH
Sensoplex
Sensoria
Sentimoto
Seraphim Sense
Shenzhen Glory Union Electronic Company
ShiftWear
Shimmer
ShotTracker
Si14
SIGMA-ELEKTRO
Sigmo
Simple Matters
Skully Systems
SmartCap Technologies (EdanSafe)
SmartQ
Smarty Destination Technology
Smarty Ring
SMI (SensoMotoric Instruments)
SMS Audio
Snapchat
Snaptracs
Snowpow (Shenzhen Snopow Outdoor Technology)
Somaxis
Sonitus Medical
Sonostar
Sony Corporation
Sotera Wireless
Soundbrenner
SparkPeople
Spice Mobiles
Spire
Sports Beat
SpotNSave
Spree Wearables
Sproutling
Sqord
Stalker Radar (Applied Concepts)
Two Tin Cans
U.S. Department of Defense
U.S. FDA (Food and Drug Administration)
U-blox
Under Armour
Uno
Valencell
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