A blend of top-down and bottom-up approaches were used to come to
the exact market sizes and development rates of the global wearable technology
market and its segments. Various secondary information sources were used to
find the overall revenues, product portfolios and geographic reach of the
companies operating in the wearable technology market. Estimates of the
products and application classification revenues were confirmed and validated
through primary interviews. Primary interviews are conducted with various
players in wearable ecosystem and key opinion leaders to confirm the provided
percentage split and market share. Considering the current market scenario and
various other factors into our analytical approaches, the global Wearable
Technology market is expected to grow at a CAGR of 20.8% during the forecast
period 2016 – 2025 and accounts for US$ 170.91 Bn in the year 2025.
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The wearable technology market is divided on the basis of products
and application, the products segment is further categorized on the basis of
smart clothing & smart glasses, sleep sensors, smart watches, activity
monitors, augmented reality headsets, continuous glucose monitor, heart rate
monitors (HRMS), drug delivery devices, hand worn terminals, wearable patches,
jewelries. The application segment is further classified on the basis of
infotainment, fitness & wellness, healthcare & medical, industrial
& military, safety & security, and fashion & lifestyle
The geographic segments considered in this report are North
America (NA), Europe (EU), Asia-Pacific (APAC), Middle East & Africa (MEA)
and South America (SAM). The geographic analysis highlights that North America
accounted for the largest share in the global wearable technology market in
2015. The Asia-pacific region is expected to register a faster growth from 2016
to 2025 at a CAGR of 22.6%, due to the increasing technological adoption trends
in this region.
The key drivers for this market are increasing adoption of mobile
devices, increasing acceptance across various application areas and increasing
spur in venture capital funding for various wearable ecosystems players.
The report provides qualitative and qualitative insights about
growth rates, key market shares and factors driving the market drivers for all
segments. The report highlights the growth rates and market sizes of various
segment and highlights the sections expected to experience high growth rate in
various geographic segments. The report also consist of company profiles of the
market leaders and various players in the wearable technology ecosystems. These
company profiles include product portfolios, market developments, financial
performances and SWOT analysis for each company. The report also offers a
competitive landscape of the wearable technology market. The competitive
landscape provides the market share of the major players operating in the
wearable technology market.
Global Wearable
Technology Market Players:
- Google Inc.
- Nichia
- Apple Inc.
- Nike Ltd.
- Microsoft Cooperation
- Xiaomi Inc.
- Adidas Groups
- Sony Cooperation
- Zephyr Technology
- Suunto Oy
- Medtronic
- Garmin International Inc.
- Eurotech S.p.A.
- tbit Inc.
- Cerora Inc.
- CuteCircuit Ltd.
- Mio Global
- Epson America Inc.
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