+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Wearable Device Market - Forecasts from 2020 to 2025

  • ID: 4986781
  • Report
  • February 2020
  • Region: Global
  • 124 pages
  • Knowledge Sourcing Intelligence LLP
1 of 3

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • AiQ Smart Clothing
  • Apple, Inc.
  • Fitbit
  • Fossil Group
  • Garmin Ltd.
  • LG Electronics
  • MORE
The wearable devices market is projected to grow at a CAGR of 21.63% to reach US$80.438 billion by 2025, from US$24.486 billion in 2019. Wearable devices keep a track of real-time information on the activities of its user and can be worn on the body with ease and comfort. They include inter-alia, analog-watches, smartwatches, glasses and fitness trackers. With technological advancements, wearable devices are becoming a target for innovation and development. For instance, synchronization of watches with smartphones is an evolving technology with a slew of novel features being incorporated into the devices; the Internet of Things (IoT) is being integrated into devices to bring sophistication to them; Smart Shirts make tracking health-related metrics seamlessly. Eye-wear or glasses have been embedded with a calling feature to expedite and ease the task of receiving the phone.

The rise of social media usage and the underlying tendency towards remaining updated with its posts is driving the demand for this market. Increasing Convenience in the handling of devices is a reason why people use wearable devices. The Global Wearable Device Market is growing due to its increasing adoption of diverse applications. The number of functions performed by smartwatches is on a rising spree with heavy investments by companies in their Research and Development projects. The development of smartwatches has brought a radical transformation in the watch industry and made wearing smartwatches a status symbol.

The growing health awareness at the global level is contributing to the market growth in the forecast period. A plethora of obesity and diabetes cases are getting added every day which requires people to keep track of their activities, calorie intake, cholesterol levels, heartbeat rate, blood pressure, sleeping patterns, etc. Wearable devices serve this purpose. Personal grooming is also a booming industry which indirectly impacts the growth of this market, for instance- people doing gym can maintain their calorie intake through such devices. On the flip side, there is also a privacy or security concern that gets attached to the use of such devices. Information of the user that gets populated in the devices is vulnerable to be misused. Battery life and a shorter life span are some of the constraints that deter people from buying such products. Companies have to incur a lot of expenditure towards Research & Development to remain competitive in the industry.

The Asia Pacific region is expected to show higher growth prospects in the forecast period with the rising demand, adoption rate and varied applications for wearable devices. Rising tech-friendly population and increasing disposable incomes in this region are escalating the growth prospects of the Asia-Pacific region. North America is expected to hold a large share of the market due to increasing investments and innovations in the Wearable Device market in that region. Under-developed regions across the globe are expected to face challenges with regards to infrastructure facilities and internet services.

Segmentation:

By Products
  • Watches
  • Fabric
  • Glasses
  • Fitness Trackers
  • Others
By End Users
  • Personal Users
  • Enterprises
By Connectivity Medium
  • ANT+
  • Bluetooth
  • Wi-Fi
  • Cellular
  • NFC
By Technology
  • Computer Technology
  • Display Technology
  • Networking Technology
  • Positioning Technology
  • Sensor Technology
By Geography

North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
Europe
  • UK
  • Germany
  • France
  • Others
  • The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
Asia Pacific
  • Japan
  • China
  • India
  • Others
Delivery Time: 2 working days
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • AiQ Smart Clothing
  • Apple, Inc.
  • Fitbit
  • Fossil Group
  • Garmin Ltd.
  • LG Electronics
  • MORE
1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Wearable devices Market Analysis, by Products
5.1. Introduction
5.2. Watches
5.3. Fabric
5.4. Glasses
5.5. Fitness Trackers
5.6. Others

6. Wearable devices Market Analysis, by End Users
6.1. Introduction
6.2. Personal Users
6.3. Enterprises

7. Wearable devices Market Analysis, by Connectivity Medium
7.1. Introduction
7.2. ANT+
7.3. Bluetooth
7.4. Wi-Fi
7.5. Cellular
7.6. NFC

8. Wearable devices Market Analysis, by Connectivity Medium
8.1. Introduction
8.2. Computer Technology
8.3. Display Technology
8.4. Networking Technology
8.5. Positioning Technology
8.6. Sensor Technology

9. Wearable devices Market Analysis, by Geography
9.1. Introduction
9.2. North America
9.2.1. North America Wearable Device Market, By Products, 2019 to 2025
9.2.2. North America Wearable Device Market, By End Users, 2019 to 2025
9.2.3. North America Wearable Device Market, By Connectivity Medium, 2019 to 2025
9.2.4. North America Wearable Device Market, By Technology, 2019 to 2025
9.2.5. By Country
9.2.5.1. United States
9.2.5.1.1. By Products
9.2.5.1.2. By End Users
9.2.5.1.3. By Connectivity Medium
9.2.5.1.4. By Technology
9.2.5.2. Canada
9.2.5.2.1. By Products
9.2.5.2.2. By End Users
9.2.5.2.3. By Connectivity Medium
9.2.5.2.4. By Technology
9.2.5.3. Mexico
9.2.5.3.1. By Products
9.2.5.3.2. By End Users
9.2.5.3.3. By Connectivity Medium
9.2.5.3.4. By Technology
9.3. South America
9.3.1. South America Wearable Device Market, By Products, 2019 to 2025
9.3.2. South America Wearable Device Market, By End Users, 2019 to 2025
9.3.3. South America Wearable Device Market, By Connectivity Medium, 2019 to 2025
9.3.4. South America Wearable Device Market, By Technology, 2019 to 2025
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.1.1. By Products
9.3.5.1.2. By End Users
9.3.5.1.3. By Connectivity Medium
9.3.5.1.4. By Technology
9.3.5.2. Argentina
9.3.5.2.1. By Products
9.3.5.2.2. By End Users
9.3.5.2.3. By Connectivity Medium
9.3.5.2.4. By Technology
9.3.5.3. Others
9.4. Europe
9.4.1. Europe Wearable Device Market, By Products, 2019 to 2025
9.4.2. Europe Wearable Device Market, By End Users, 2019 to 2025
9.4.3. Europe Wearable Device Market, By Connectivity Medium, 2019 to 2025
9.4.4. Europe Wearable Device Market, By Technology, 2019 to 2025
9.4.5. By Country
9.4.5.1. UK
9.4.5.1.1. By Products
9.4.5.1.2. By End Users
9.4.5.1.3. By Connectivity Medium
9.4.5.1.4. By Technology
9.4.5.2. Germany
9.4.5.2.1. By Products
9.4.5.2.2. By End Users
9.4.5.2.3. By Connectivity Medium
9.4.5.2.4. By Technology
9.4.5.3. France
9.4.5.3.1. By Products
9.4.5.3.2. By End Users
9.4.5.3.3. By Connectivity Medium
9.4.5.3.4. By Technology
9.4.5.4. Others
9.5. The Middle East and Africa
9.5.1. Middle East and Africa Wearable Device Market, By Products, 2019 to 2025
9.5.2. Middle East and Africa Wearable Device Market, By End Users, 2019 to 2025
9.5.3. Middle East and Africa Wearable Device Market, By Connectivity Medium, 2019 to 2025
9.5.4. Middle East and Africa Wearable Device Market, By Technology, 2019 to 2025
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.1.1. By Products
9.5.5.1.2. By End Users
9.5.5.1.3. By Connectivity Medium
9.5.5.1.4. By Technology
9.5.5.2. United Arab Emirates
9.5.5.2.1. By Products
9.5.5.2.2. By End Users
9.5.5.2.3. By Connectivity Medium
9.5.5.2.4. By Technology
9.5.5.3. Israel
9.5.5.3.1. By Products
9.5.5.3.2. By End Users
9.5.5.3.3. By Connectivity Medium
9.5.5.3.4. By Technology
9.5.5.4. Others
9.6. Asia Pacific
9.6.1. Asia Pacific Wearable Device Market, By Products, 2019 to 2025
9.6.2. Asia Pacific Wearable Device Market, By End Users, 2019 to 2025
9.6.3. Asia Pacific Wearable Device Market, By Connectivity Medium, 2019 to 2025
9.6.4. Asia Pacific Wearable Device Market, By Technology, 2019 to 2025
9.6.5. By Country
9.6.5.1. Japan
9.6.5.1.1. By Products
9.6.5.1.2. By End Users
9.6.5.1.3. By Connectivity Medium
9.6.5.1.4. By Technology
9.6.5.2. China
9.6.5.2.1. By Products
9.6.5.2.2. By End Users
9.6.5.2.3. By Connectivity Medium
9.6.5.2.4. By Technology
9.6.5.3. India
9.6.5.3.1. By Products
9.6.5.3.2. By End Users
9.6.5.3.3. By Connectivity Medium
9.6.5.3.4. By Technology
9.6.5.4. Others

10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix

11. Company Profiles
11.1. Apple, Inc.
11.2. Zephyr Technology Corporation
11.3. AiQ Smart Clothing
11.4. Fitbit
11.5. Xiaomi Technology Co. Ltd.
11.6. LG Electronics
11.7. Garmin Ltd.
11.8. Luxottica
11.9. Huawei Technologies Co., Ltd
11.10. Fossil Group
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Apple, Inc.
  • Zephyr Technology Corporation
  • AiQ Smart Clothing
  • Fitbit
  • Xiaomi Technology Co. Ltd.
  • LG Electronics
  • Garmin Ltd.
  • Luxottica
  • Huawei Technologies Co., Ltd
  • Fossil Group
Note: Product cover images may vary from those shown
Adroll
adroll