If you got a question, look no further.
We post the most common questions
in our FAQ section.
Please fill in the form below to receive a Free Sample of the Report.
The market for wearable electronics is expected to grow at a significant rate
during the period 2013-2020. The market for wearable electronics was largely
dominated by North America, followed by the European Union and Asia Pacific.
Overall, the market is poised to grow at a CAGR of 26% during the forecast
period. Growth of this industry is majorly driven by factors such as high
adoption rate of digital devices, convergence of technologies, and penetration
of wireless connectivity.
Major challenges include lack of design features, higher power consumption of
wearable devices, high initial cost and users concerns regarding data privacy.
Wearable electronics refers to an integrated computing device or product, which
helps the person or the user wearing it to enhance day to day activities. The
technological advancement in wearable electronics, help the user to avail
advanced features and characteristics.
The first form of electronic wearable electronic device was a calculator watch.
Wearable devices such as wrist bands, and watches, which can record audio, video
and process data on the go, were seen as something very futuristic; however,
advancements made in the past decade has made it possible for users to realize
the potential of these devices in the current age.
Wearable technology forayed in as a technological advancement only a decade
ago, and the interest in this sector still continues to grow. The interest is
mostly led by wearable fitness trackers, smart watches, and bands. Lately, such
is the impact of these wearable devices that, now mobile operators are moving
towards offering smart watches along with fitness trackers, or smart phones with
smart watches as a part of a bundled deal to woo customers.
Presently, wearable electronics are only deemed to be an important advancement
in terms of luxury; however, the way this innovation is catching up the
imagination of current users, the global conglomerates and businesses see this
as a major opportunity to expand and increase their market.
The report looks at the various wearable electronic devices that are currently
prevalent in the market and also sheds light on various factors which are
driving its growth
Wearable electronics market analysis includes market size estimate from 2013
through 2020, including market size by products, applications, components, and
geography by both value in $billion and volume in million units. The volume
figures are calculated based on average selling price of products and
components, which were computed based on the market size of the particular year.
Identify key areas of investment for wearable device manufacturers
Identify key issues and challenges, restraints and barriers that are prevalent
in the market, gauging these restraints would aid in tackling the nuances
Porters analysis to identify new entry barriers and impact of alternative
technology on market growth
Identification of the top investment pockets in product and application
Analyze the market by geography such as North America, Europe, Asia Pacific and
Estimation of 2013 -2020 by considering current market trends and future
Report includes profiles of key players who are primarily responsible for
driving the growth and will further direct the course of wearable electronics
Wearable devices find their usage in a variety of applications. In this report,
the segments are broadly classified into two segments which are:
MARKET BY PRODUCT SEGMENT (BY VALUE AND VOLUME)
MARKET BY APPLICATIONS (BY VALUE AND VOLUME)
Fitness and sports
MARKET BY COMPONENTS (BY VALUE AND VOLUME)
MARKET BY GEOGRAPHY (BY VALUE AND VOLUME)
Latin America, Middle East, Africa (LAMEA)