Global Wearable Electronics Market (Products, Components, Applications and Geography) - Strategic Analysis and Forecast, 2013 - 2020

  • ID: 3046958
  • Report
  • Region: Global
  • 130 pages
  • Allied Analytics LLP
1 of 6
Wearable Electronics Market is Expected to Reach $25.19 Billion Globally by 2020

FEATURED COMPANIES

  • Adidas Ag
  • Apple Inc.
  • FitbIt
  • Google Inc.
  • Jawbone
  • Nike, Inc.
  • MORE
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.

KEY BENEFITS

- 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
- Porter’s analysis to identify new entry barriers and impact of alternative technology on market growth
- Identification of the top investment pockets in product and application segments.
- Analyze the market by geography such as North America, Europe, Asia Pacific and LAMEA.
- Estimation of 2013 -2020 by considering current market trends and future opportunities.
- Report includes profiles of key players who are primarily responsible for driving the growth and will further direct the course of wearable electronics market

MARKET SEGMENTATION

Wearable devices find their usage in a variety of applications. In this report, the segments are broadly classified into two segments which are:

- Consumer
- Commercial

MARKET BY PRODUCT SEGMENT (BY VALUE AND VOLUME)

- Wrist-Wear
- Eye-Wear
- Foot-Wear
- Neck-Wear
- Body-Wear
- Other-Wear

MARKET BY APPLICATIONS (BY VALUE AND VOLUME)

- Consumer
- Life style
- Fitness and sports
- Healthcare
- Entertainment
- Commercial
- Industrial
- Government

MARKET BY COMPONENTS (BY VALUE AND VOLUME)

- PCBs
- Memory
- Battery
- Sensor
- Connectivity
- Audio
- Display
- Camera
- Others

MARKET BY GEOGRAPHY (BY VALUE AND VOLUME)

- North America
- Europe
- Asia-Pacific
- Latin America, Middle East, Africa (LAMEA)

READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Adidas Ag
  • Apple Inc.
  • FitbIt
  • Google Inc.
  • Jawbone
  • Nike, Inc.
  • MORE
CHAPTER 1 INTRODUCTION
1.1 Objectives and scope
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
1.5 Report Structure

CHAPTER 2 EXECUTIVE SUMMARY
2.1 Overview of the Global Wearable Electronics Market
2.2 Key Players
2.3 Product/Segment Analysis
2.4 Growth Potential and Opportunities
2.4.1 Small device many features
2.4.2 Ruggedness of these devices
2.4.3 Product bundling

2.5 MARKET SCENARIO 2020
2.5.1 Bull case scenario
2.5.2 Base case scenario
2.5.3 Bear case scenario
2.6 Analyst view-point
CHAPTER 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Demand for wearable electronics
3.3 Future prospects for wearable electronics
3.4 Key Findings
3.5 Top Investment Pockets
3.5.1 Wearable Electronics Market – By Products
3.5.2 Wearable Electronics Market – By Applications
3.5.3 Wearable Electronics Market – By Geography
3.6 Porter’s Five Force Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of Substitutes
3.6.4 Threat of Rivalry
3.6.5 Threat of new entrants
3.7 Value Chain Analysis
3.8 Market Dynamics
3.8.1 Lower device cost due to the emergence of a large number of manufacturers
3.8.2 Rising awareness among customers for health related activities
3.8.3 Increase in usage amongst customers of varied age profiles for patient tracking systems
3.8.4 Drivers
3.8.4.1 Convergence (Technologies)
3.8.4.2 Increase in number of customers adopting digital devices
3.8.4.3 Presence of internet mobility
3.8.5 Restraints
3.8.5.1 Lack of design features
3.8.5.2 Higher power usage of wearable electronics
3.8.5.3 Users concerns regarding data privacy
3.8.6 Opportunities
3.8.6.1 Small device many features
3.8.6.2 Ruggedness of these devices
3.8.6.3 Product bundling

CHAPTER 4 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION
4.1 Consumer Segment
4.2 Life-style applications
4.3 Sports/fitnessapplications
4.4 Healthcare applications
4.5 Entertainment applications
4.6 Industrial and Commercial
4.7 Defense
4.8 Others
CHAPTER 5 GLOBAL WEARABLE ELECTRONICS MARKET, BY PRODUCTS
5.1 Wrist-Wear
5.2 Eye-Wear
5.3 Foot-Wear
5.4 Neck-Wear
5.5 Body-Wear
5.6 Other-Wear (Finger, Head-Wear)

CHAPTER 6 GLOBAL WEARABLE ELECTRONICS MARKET, BY COMPONENTS
6.1 PCBs
6.2 Memory
6.3 Battery
6.4 Sensor
6.5 Connectivity
6.6 Audio
6.7 Display
6.8 Camera
6.9 Others

CHAPTER 7 GLOBAL WEARABLE ELECTRONICS MARKET, BY GEOGRAPHY
7.1 North America
7.2 European Union
7.3 Asia Pacific
7.4 LAMEA

CHAPTER 8 COMPANY PROFILES
8.1 Adidas Ag
8.1.1 Oveview
8.1.2 Financial performance
8.1.3 Strategic moves and developments
8.1.4 SWOT Analysis
8.2 Apple Inc.
8.2.1 Oveview
8.2.2 Financial performance
8.2.3 Strategic moves and developments
8.2.4 SWOT Analysis
8.3 FitbIt
8.3.1 Overview
8.3.2 Financial performance
8.3.3 Strategic moves and developments
8.3.4 SWOT Analysis
8.4 Google Inc.
8.4.1 Overview
8.4.2 Financial performance
8.4.3 Strategic moves and developments
8.4.4 SWOT Analysis
8.5 Jawbone
8.5.1 Overview
8.5.2 Financial performance
8.5.3 Strategic moves and developments
8.5.4 SWOT Analysis
8.6 Nike, Inc.
8.6.1 Oveview
8.6.2 Financial performance
8.6.3 Strategic moves and developments
8.6.4 SWOT Analysis
8.7 Sony Corp
8.7.1 Overview
8.7.2 Financial performance
8.7.3 Strategic moves and developments
8.7.4 SWOT Analysis
8.8 Samsung Electronics Co. Ltd.
8.8.1 Overview
8.8.2 Financial performance
8.8.3 Strategic moves and developments
8.8.4 SWOT Analysis

List Of Tables
Table 1 Wearable Electronics Product Segment Analysis
Table 2 Overall Wearable Electronics Market Size For Consumer Applications
Table 3 North America – Breakup By Consumer And Commercial Applications ($Billion)
Table 4 Eu – Breakup By Consumer And Commercial Applications ($Billion)
Table 5 Apac – Breakup By Consumer And Commercial Applications ($Billion)
Table 6 Row – Breakup By Consumer And Commercial Applications ($Billion)
Table 7 Global Wearable Electronics Market By Products 2013-2020 ($Billion)
Table 8 Global Wearable Electronics Market By Products, By Geography
Table 9 Global Wearable Electronics Market By Products – Eye Wear, By Geography
Table 10 Global Wearable Electronics Market By Products – Foot Wear, By Geography
Table 11 Global Wearable Electronics Market By Products – Neck Wear, By Geography
Table 12 Global Wearable Electronics Market By Products – Body Wear, By Geography
Table 13 Global Wearable Electronics Market By Products – Other Wear, By Geography
Table 14 Global Wearable Electronics Market By Components 2013-2020 ($Billion)
Table 15 Global Wearable Electronics Market By Geography-2013-2020 ($Billion)
Table 16 Adidas Ag Business Snapshot
Table 17 Apple Inc. Business Snapshot
Table 18 Fitbit Company Snapshot
Table 19 Snapshot Of Google Inc.
Table 20 Snapshot Of Jawbone
Table 21 Snapshot Of Nike, Inc.
Table 22 Snapshot Of Sony Corp
Table 23 Snapshot Of Samsung Electronics Co. Ltd.

List Of Figures
Fig.1 Overall Wearable Electronics Market Share By Applications
Fig.2 Global Wearable Electronics Market Size And Forecast, 2013 - 2020 ($Billion)
Fig.3 Overall Wearable Electronics Market Size ($Billion) – Bull Case Scenario
Fig.4 Overall Wearable Electronics Market Size ($Billion) – Base Case Scenario
Fig.5 Overall Wearable Electronics Market Size ($Billion) – Bear Case Scenario
Fig.6 Top Investments Pockets – By Devices
Fig.7 Top Investments Pockets – By Applications – Consumer
Fig.8 Top Investments Pockets – By Applications - Commercial
Fig.9 Top Investments Pockets – By Geography
Fig.10 Porters Five Forces Model For Wearable Electronics
Fig.11 Key Drivers And Restraints For Wearable Electronics
Fig.12 Werable Electronic Market Segments By Application Segments
Fig.13 Wearable Electronic Market Segments By Application Segments
Fig.14 Overall Wearable Electronics Market Size ($Billion) For Consumer Applications
Fig.15 Global Wearable Electronics Market By Application – Life-Style 2013-2020 ($Billion)
Fig.16 Global Wearable Electronics Market By Application – Life-Style 2013-2020 (Mn Units)
Fig.17 Global Wearable Electronics Market By Application – Sports/Fitness 2013-2020 ($Billion)
Fig.18 Global Wearable Electronics Market By Application – Sports/Fitness 2013-2020 (Mn Units)
Fig.19 Global Wearable Electronics Market By Application – Healthcare 2013-2020 ($Billion)
Fig.20 Global Wearable Electronics Market By Application – Healthcare 2013-2020(Mn Units)
Fig.21 Global Wearable Electronics Market By Application – Entertainment 2013-2020 ($Billion)
Fig.22 Global Wearable Electronics Market By Application – Entertainment 2013-2020 (Mn Units)
Fig.23 Global Wearable Electronics Market – Enterprise & Industrial –2013-2020 ($Billion)
Fig.24 Global Wearable Electronics Market By Application - Enterprise & Industrial 2013-2020
Fig.25 Global Wearable Electronics Market By Application – Defense 2013-2020 ($Billion)
Fig.26 Global Wearable Electronics Market By Application – Defense 2013-2020 (Mn Units)
Fig.27 Global Wearable Electronics Market By Application – Others 2014-2020 ($Billion)
Fig.28 Global Wearable Electronics Market By Application – Others 2014-2020 (Mn Units)
Fig.29 Global Wearable Electronics Market By Products 2013-2020 ($Billion)
Fig.30 Global Wearable Electronics Market By Products 2013-2020 ($Billion)
Fig.31 Global Wearable Electronics Market By Products 2013-2020 (Mn Units)
Fig.32 Global Wearable Electronic Market By Products – Wrist Wear 2014-2020 ($Billion)
Fig.33 Global Wearable Electronics Market By Products – Wrist Wear 2014-2020 (Mn Units)
Fig.34 Global Wearable Electronics Market By Products – Eye Wear 2013-2020 ($Billion)
Fig.35 Global Wearable Electronics Market By Products – Eye Wear 2013-2020 (Mn Units)
Fig.36 Global Wearable Electronics Market By Products – Foot Wear 2013-2020 ($Billion)
Fig.37 Global Wearable Electronics Market By Products – Foot Wear 2013-2020 (Mn Units)
Fig.38 Global Wearable Electronics Market By Products – Neck Wear 2013-2020 ($Billion)
Fig.39 Global Wearable Electronics Market By Products – Neck Wear 2013-2020 (Mn Units)
Fig.40 Global Wearable Electronics Market By Products – Body Wear 2013-2020 ($Billion)
Fig.41 Global Wearable Electronics Market By Product – Body Wear2013-2020 (Mn Units)
Fig.42 Global Wearable Electronics Market By Products – Other Wear 2013-2020 ($Billion)
Fig.43 Global Wearable Electronics Market By Products – Other Wear 2013-2020 (Mn Units)
Fig.44 Overall Wearable Electronics Market Share By Type Of Components ($Billion) (2013)
Fig.45 Global Wearable Electronics Market By Components 2013-2020 ($Billion)
Fig.46 Global Wearable Electronics Market By Control Components 2014-2020 ($Billion)
Fig.47 Global Wearable Electronics Market By Components – Memory Units 2013-2020 ($Billion)
Fig.48 Global Wearable Electronics Market By Components – Battery 2013-2020 ($Billion)
Fig.49 Global Wearable Electronics Market By Components – Sensor 2013-2020 ($Billion)
Fig.50 Global Wearable Electronics Market By Components – Connectivity 2013-2020 ($Billion)
Fig.51 Global Wearable Electronics Market By Components - Audio 2013-2020 ($Billion)
Fig.52 Global Wearable Electronics Market By Components – Display 2013-2020 ($Billion)
Fig.53 Global Wearable Electronics Market By Components – Camera 2013-2020 ($Billion)
Fig.54 Global Wearable Electronics Market By Components – Others 2013-2020 ($Billion)
Fig.55 Global Wearable Electronics Market By Geography – North America 2013-2020 ($Billion)
Fig.56 Global Wearable Electronics Market By Geography – North America 2013-2020 (Mn Units)
Fig.57 Global Wearable Electronics Market By Geography – European Union 2013-2020 ($Billion)
Fig.58 Global Wearable Electronics Market By Geography – Eu 2013-2020 (Mn Units)
Fig.59 Global Wearable Electronics Market By Geography – Apac 2013-2020 ($Billion)
Fig.60 Global Wearable Electronics Market By Geography – Apac 2013-2020 (Mn Units)
Fig.61 Global Wearable Electronics Market By Geography – Row 2013-2020 ($Billion)
Fig.62 Global Wearable Electronics Market By Geography – Row 2013-2020 (Mn Units)
Fig.63 Swot Analysis Of Adidas Ag
Fig.64 Swot Analysis Of Apple Inc.
Fig.65 Swot Analysis Of Fitbit
Fig.66 Swot Analysis Of Google Inc.
Fig.67 Swot Analysis Of Jawbone
Fig.68 Swot Analysis Of Nike, Inc.
Fig.69 Swot Analysis Of Sony Corp
Fig.70 Swot Analysis Of Samsung Electronics Co. Ltd.

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6

FEATURED COMPANIES

  • Adidas Ag
  • Apple Inc.
  • FitbIt
  • Google Inc.
  • Jawbone
  • Nike, Inc.
  • MORE
According to this new report titled, "Global Markets for Wearable Electronics (Products, Components, Applications and Geography) - Strategic Analysis and Forecast, 2013 - 2020", global wearable electronics market is forecast to reach $25.19 billion with a corresponding volume of 142.6 million units by 2020. The market revenue is expected to grow at a CAGR of 26%, while volume would witness a CAGR of 23% during forecast period (2014 - 2020). North America currently holds the largest market share; however, Europe will grow the fastest to become the largest market for wearable electronics.

Usage of wearable is still at its nascent stage; nevertheless, the dawn of mobile wireless systems and smart phones have sparked a new era for wearable electronics, globally. Gadgets, which were deemed to be just used in industrial and commercial applications are now finding place in mundane activities, enhancing quality of life through various applications such as healthcare, sports & fitness, and lifestyle to name a few. The industry is being driven by various factors such as convergence of technologies, rising number of customers adopting digital services, and due to the presence of wireless connectivity. However, lack of design features, higher power usage of wearable devices, high initial investment and users' concerns regarding data privacy are some of the major challenges for the players operating in wearable electronic space.

The global market for wearable electronics was valued at $4.01 billion in 2013. This includes all forms of wearable electronics, devices, and applications. Lifestyle applications accounted for a major share in the consumer application segment and had 20% market share of the overall market. Further, the market for lifestyle and fitness is anticipated to have the highest growth amongst other applications. Defense and Industrial applications were other major applications, which had over 22% market share of the overall market.

Key Findings of the Report:

The global wearable electronics product market is dominated by wrist wears, which contributes to approximately 45% of the overall market

In terms of applications, lifestyle and fitness segments account for 38% of the overall pie

North America accounts for about 40% of the demand for wearable electronics for both consumer and commercial applications

In terms of product components, memory components account for approximately 23% of the overall market for wearable electronics by components

The market is dominated by large players such as Google, Nike, Adidas, etc. There are a number of small players in the market, who offer products for wearable electronics. However, most of the players are based in the US and this market is slowly but steadily finding its way into other locations targeting other geographies.

Typically, smaller firms have limited scope of operations, both in terms of products and geography. In contrast, leading players have integrated operations through their other offerings such as smart phones, and electronics products. These integrated players work with vendors supplying components and aim to build capabilities across the value chain - from components to retailing finished wearable electronics.

However, companies like Jawbone and Fitbit have raised a lot of capital through funding based on their business ideas and are now competing with large players in the wearable electronics space.
Note: Product cover images may vary from those shown
5 of 6
- Adidas Ag
- Apple Inc.
- FitbIt
- Google Inc.
- Jawbone
- Nike, Inc.
- Samsung Electronics Co. Ltd.
- Sony Corp

Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll