Global Wearable Electronics Market Size and Forecast To 2025
Global Wearable Electronics Market Analysis
According to Verified Market Intelligence, The Global Wearable Electronics Market was valued at USD 70.06 million in 2017 and is projected to reach USD 435.11 million by 2025, growing at a CAGR of 25.7% from 2018 to 2025.
What are wearable electronics?
Wearable electronics, also known as wearable gadgets are advanced electronic technologies that are worn by the consumers in order to monitor and track information related to health and fitness. These electronic devices enables wireless networking and mobile computing. The products of wearable electronics includes smart goggles, finger worn scanners, wrist wears such as wrist bands and electronics watches, and others products such as neck-wear and head bands. Growing usage of smart watches and smart glasses have stimulated the growth of wearable electronics market.
Global Wearable Electronics Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Rising consumer interest in health and fitness monitoring, increasing user-friendliness of electronic wearable gadgets and increased adoption of wearable electronic products have been driving the global wearable electronics market. On the other hand, high initial costs and privacy issues might hinder the overall market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Wearable Electronics Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Wearable Electronics Market Competitive Landscape
The “Global Wearable Electronics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Adidas AG, Recon Instruments, Inc., Fibretronic Ltd., Jawbone, Inc., Fitbit, Inc., Nike, Inc. (U.S.), Olympus Corporation, and Weartech s.l, Vuzix Corporation , Google, Inc., Apple, Inc.,By-Wire.Net, Imprint Energy, Inc, Jawbone, Inc., O’neill Wetsuits LIC, Plastic Logic Ltd., Texas Instruments, Inc., Zoog Technologies, Inc., Weartech S.L, Shimmer Research, Inc., Vancive Medical Technologies, Infineon Technologies Ag, Glassup SRL, Eurotech S.P.A, and AT&T, Inc.Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Wearable Electronics Market Segmentation, by Product
• Neck wear
Global Wearable Electronics Market Segmentation, by Application
Global Wearable Electronics Market Segmentation, by Technology
• Display technologies
• Computing technologies
• Positioning technologies
• Networking technologies
• Speech recognition technology
• Sensor technologies
Global Wearable Electronics Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
Research Methodology of Verified Market Intelligence:
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