Press release
Wearable Sensors Market Outlook and Forecast 2020: Growth Factors, Trends, and Top Companies Analysis for Business Development
The Global Wearable Sensors Market is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The global Wearable Sensors Market is booming and expected to gain prominence over the forecast period.Wearable Sensors Market Information, by Types (Motion Sensors, Medical Based Sensors, Image sensors, Position Sensors, Pressure Sensors, Inertial Sensors and Others), by Application (Smart Wristwear, Smart Glasses, Smart Bodywears, Smart Footwear and Other Wearable Devices) by End User (Consumer, Healthcare, Enterprise and Industrial and Others) - Forecast to 2020
Wearable sensors in this report refer to the sensors which are used in smart wearable devices. Global wearable sensors market is driven by increasing demand of wearables for infants and continuously evolving sensor technology. With increasing personal care and health consciousness, for tracking biometrics such as calories burnt, heart rate and others, the demand for wearable fitness trackers and other wearables is increasing. Rapid expansion of internet of things (IoT) is driving demand of wearable sensors devices in various application areas such as healthcare and fitness, consumer electronics and others.
Key Players for Wearable Sensors Market:
Some of the key players in this market are: InvenSense, Inc., InvenSense, Inc., Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics, Texas Instruments Incorporated, KIONIX, INC. (ROHM Co., Ltd.), Measurement Specialties, Inc., Analog Devices, Inc., ZOLL Medical Corporation (Asahi Kasei Corporation), Freescale Semiconductor, Inc., Infineon Technologies AG.
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Wearable sensors market has been segmented on the basis of type which comprises of Motion Sensors, Medical Based Sensors, Image sensors, Position Sensors, Pressure Sensors, Inertial Sensors and Others. On the basis of application, the market is segmented into Smart Wristwear, Smart Glasses, Smart Bodywears, Smart Footwear and others. On the basis of end user, the market is segmented into Consumer, Healthcare, Enterprise and Industrial and others.
Study objectives of Wearable Sensors Market:
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the wearable sensors market
To provide insights about factors affecting the market growth
To analyze the wearable sensors market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by type, by application, by end user and its sub-segments.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global wearable sensors market.
Key Findings:
Global wearable sensors market is expected to grow with a CAGR of 46.6% in terms of value and 26.2% in terms of volume.
North America captured the largest market share for the global wearable sensors market and is expected to reach significantly by 2020.
European market is second largest market for wearable sensors.
Asia-Pacific region is fastest growing market and expected to grow with healthy CAGR during the forecast period
Regional Analysis of Wearable Sensors Market:
Considering the global scenario of the market, North America region is believed to be the largest market for wearable sensors. Moreover the European market is also growing and second largest market for wearable sensors. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the wearable sensors during the forecasted period. Rest of the World is likely to have a limited but steady growth in the market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
MRFR has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Our Research Analysts are eager to share their knowledge and assist you in refining market research parameters, choosing right market studies, and evaluating both the market scope and the research methodologies of varied segments.
We bridge the gap between our clients and their clients by identifying and decoding just the target group, while generating leads with the highest accuracy.
Years of research into diverse fields of work has ingrained within us, a proficiency so distinguished that our industry-specific specialists identify with your business ideas and feel the pulse of your challenges and opportunities. This enables us for providing assistance, through our consulting and strategic consulting services, in informed managerial decision making. In order to stay updated with technology and work process of the industries, WantStats Research and Media often conducts industrial visits for its research analysts. Relevant inputs from various established market participants, help our clients make significant contribution in respective markets are a huge motivation for all of us to endlessly furnish quality. We depend greatly on profound insights into complex realms of our study.
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