Press release
European Wearable Technology Market Expected to be Valued at US$2,545.51 million by 2019
Wearable technology market is a niche market with current domination of a few players. As the technology is new and there are few players, the prices of the products are high. However, the applications of wearable devices are currently spanning across sectors such as fitness and wellness, infotainment, healthcare and medical and industrial and military. Additionally, the applications of these new technology products are expected to increase with further development in the devices, over the forecast period.
This market research study analyzes the wearable technology market at the European level, and provides estimates in terms of revenue (USD million) from 2013 to 2019. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
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The application segments in the report include fitness and wellness, infotainment, healthcare and medical and industrial and military, estimated in terms of revenue (USD million). In addition, the products have been segmented into - Smart clothing and smart sport glasses, activity monitors, sleep sensors, smart watches, heads-up displays, smart glasses, continuous glucose monitor, drug delivery, monitors, wearable patches, hand worn terminals and augmented reality headsets among others. All these segments have also been estimated in terms of revenue (USD million).
For better understanding of the wearable technology market, we have included a detailed analysis of the value chain. A detailed Porter’s five forces analysis has been provided for a better understanding of the intensity of competition present in the market. Major market participants profiled in this report include Google Inc. Microsoft, Sony, Samsung, Nike and Adidas among others.
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European Wearable technology Market: By applications
Fitness and Wellness
Infotainment
Healthcare and Medical
Industrial and Military
European Wearable technology Market: By products
Smart clothing and smart sport glasses
Activity monitors
Sleep sensors
Smart watches
Heads-Up displays
Smart glasses
Continuous glucose monitor
Drug delivery
Monitors
Wearable patches
Hand worn terminals
Augmented reality headsets
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