FEATURED COMPANIES
- Adidas AG.
- Fossil Group Inc.
- Jawbone
- Michael Kors
- Nike
- Razer
Smart Wearables Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global smart wearables market.
This report focuses on smart wearables market which is experiencing strong growth. The report gives a guide to the smart wearables market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider smart wearables market, and compares it with other markets.
2) By Application: Lifestyle; Healthcare; Consumer applications; Defense; Fitness & sports; Enterprise & industrial
3) By Technology: Memory and Storage Technology; Speech and Pattern Recognition Technology; Communication and Networking Technology; Sensing Technology; Computing Technology; Display Technology
Companies Mentioned: Apple Inc.; Samsung; Google; Xiaomi; Nike
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
This report focuses on smart wearables market which is experiencing strong growth. The report gives a guide to the smart wearables market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
- Create regional and country strategies on the basis of local data and analysis
- Identify growth segments for investment
- Outperform competitors using forecast data and the drivers and trends shaping the market
- Understand customers based on the latest market research findings
- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the smart wearables? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Smart Wearables market global report from the publisher answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider smart wearables market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth
- Market segmentations break down market into sub markets
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
- The smart wearables market section of the report gives context. It compares the smart wearables market with other segments of the smart wearables market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, smart wearables indicators comparison
Scope
Markets Covered:
1) By Devices: Smart Watches; Smart Glasses; Fitness & Wellness Devices; Smart clothing; Others2) By Application: Lifestyle; Healthcare; Consumer applications; Defense; Fitness & sports; Enterprise & industrial
3) By Technology: Memory and Storage Technology; Speech and Pattern Recognition Technology; Communication and Networking Technology; Sensing Technology; Computing Technology; Display Technology
Companies Mentioned: Apple Inc.; Samsung; Google; Xiaomi; Nike
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Smart Wearables Market
What is the estimated value of the Global Smart Wearables Market?
What is the growth rate of the Global Smart Wearables Market?
What is the forecasted size of the Global Smart Wearables Market?
Who are the key companies in the Global Smart Wearables Market?
FEATURED COMPANIES
- Adidas AG.
- Fossil Group Inc.
- Jawbone
- Michael Kors
- Nike
- Razer
1. Executive Summary2. Smart Wearables Market Characteristics3. Smart Wearables Market Trends And Strategies4. Impact Of COVID-19 On Smart Wearables28. Key Mergers And Acquisitions In The Smart Wearables Market29. Smart Wearables Market Future Outlook and Potential Analysis
5. Smart Wearables Market Size And Growth
6. Smart Wearables Market Segmentation
7. Smart Wearables Market Regional And Country Analysis
8. Asia-Pacific Smart Wearables Market
9. China Smart Wearables Market
10. India Smart Wearables Market
11. Japan Smart Wearables Market
12. Australia Smart Wearables Market
13. Indonesia Smart Wearables Market
14. South Korea Smart Wearables Market
15. Western Europe Smart Wearables Market
16. UK Smart Wearables Market
17. Germany Smart Wearables Market
18. France Smart Wearables Market
19. Eastern Europe Smart Wearables Market
20. Russia Smart Wearables Market
21. North America Smart Wearables Market
22. USA Smart Wearables Market
23. South America Smart Wearables Market
24. Brazil Smart Wearables Market
25. Middle East Smart Wearables Market
26. Africa Smart Wearables Market
27. Smart Wearables Market Competitive Landscape And Company Profiles
30. Appendix
FEATURED COMPANIES
- Adidas AG.
- Fossil Group Inc.
- Jawbone
- Michael Kors
- Nike
- Razer
Major players in the smart wearables market are Apple Inc., Samsung, Google, Xiaomi, Nike, Motorola Solutions Inc., Garmin, Jawbone, Misfit, and Polar.
The global smart wearables market is expected grow from $18.08 billion in 2021 to $20.64 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $31.95 billion in 2026 at a CAGR of 11.5%.
The smart wearables market consists of sales of smart wearable devices and related services for tracking vital pieces of data related to the health and fitness of the human body. Smart wearables are any form of an electronic device intended to be worn on the human body.
The main devices of smart wearables are smartwatches, smart glasses, fitness and wellness devices, smart clothing and others. Smart clothing is essentially an electronic device that communicates with other connected devices (such as smartphones) as well as the wearer's body. Smart clothing collects biometric and physical data from the wearer, such as body temperature and heart rate, using a variety of sensors. The sensor-generated data is transferred via Bluetooth to relevant apps on a paired smartphone, where it can be viewed by users. The various technologies of smart wearables are memory and storage technology, speech and pattern recognition technology, communication and networking technology, sensing technology, computing technology, display technology that are used in lifestyle, healthcare, consumer applications, defense, fitness and sports, enterprise and industrial applications.
Asia Pacific was the largest region in the smart wearables market in 2021. North America was the second-largest region in the smart wearables market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing demand for wireless sports and fitness devices is projected to drive the smart wearables market. There is a rapid growth in the use of smart devices such as smartwatches among cyclists, runners, gym-goers, swimmers, and athletes to track the calories burnt, hourly activity, stationary time, and activity time. For instance, in September 2019, Garmin, a US-based technology company, launched the Garmin Vivo active 4, a smartwatch that is featured with a fitness tracker to track every move of the human body. Therefore, the demand for smart and wireless fitness devices is expected to propel the smart wearables market.
The lack of control over the data generated by owners through their smart wearable device’s constraints the growth of the market. The privacy policy of most wearable devices states that data collected would be shared with a third-party vendor, inherently giving way for the data breach. For instance, in 2021, Apple and Fitbit users' data was exposed online due to an unsecured database containing over 61 million records related to fitness trackers and wearables. Data breaches are a big concern to the users making it an obstacle for people to adopt the use of these devices and thus, impacts market growth negatively.
The use of smart rings is a key trend shaping the growth of the smart wearables market. A smart ring is a wearable electronic device equipped with mobile devices such as sensors and NFC chips that are used as a peripheral tool to assist mobile devices for a variety of purposes, often monitoring everyday tasks. For example, in September 2019, Amazon introduced the Echo Loop Smart Ring with the intention of keeping Alexa on finger. The Echo Loop Smart Ring vibrates to alert users to notifications, while built-in microphones and speakers will be enabled to communicate with Alexa.
In November 2019, Google LLC, a US-based multinational technology company, acquired Fitbit, Inc. for $2.1 billion. The acquisition of Fitbit was aimed to strengthen Google LLC in the business of smart wearable devices. Fitbit, Inc., a US-based company, is specialized in the production of wireless wearable technology devices.
The countries covered in the smart wearables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The global smart wearables market is expected grow from $18.08 billion in 2021 to $20.64 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $31.95 billion in 2026 at a CAGR of 11.5%.
The smart wearables market consists of sales of smart wearable devices and related services for tracking vital pieces of data related to the health and fitness of the human body. Smart wearables are any form of an electronic device intended to be worn on the human body.
The main devices of smart wearables are smartwatches, smart glasses, fitness and wellness devices, smart clothing and others. Smart clothing is essentially an electronic device that communicates with other connected devices (such as smartphones) as well as the wearer's body. Smart clothing collects biometric and physical data from the wearer, such as body temperature and heart rate, using a variety of sensors. The sensor-generated data is transferred via Bluetooth to relevant apps on a paired smartphone, where it can be viewed by users. The various technologies of smart wearables are memory and storage technology, speech and pattern recognition technology, communication and networking technology, sensing technology, computing technology, display technology that are used in lifestyle, healthcare, consumer applications, defense, fitness and sports, enterprise and industrial applications.
Asia Pacific was the largest region in the smart wearables market in 2021. North America was the second-largest region in the smart wearables market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing demand for wireless sports and fitness devices is projected to drive the smart wearables market. There is a rapid growth in the use of smart devices such as smartwatches among cyclists, runners, gym-goers, swimmers, and athletes to track the calories burnt, hourly activity, stationary time, and activity time. For instance, in September 2019, Garmin, a US-based technology company, launched the Garmin Vivo active 4, a smartwatch that is featured with a fitness tracker to track every move of the human body. Therefore, the demand for smart and wireless fitness devices is expected to propel the smart wearables market.
The lack of control over the data generated by owners through their smart wearable device’s constraints the growth of the market. The privacy policy of most wearable devices states that data collected would be shared with a third-party vendor, inherently giving way for the data breach. For instance, in 2021, Apple and Fitbit users' data was exposed online due to an unsecured database containing over 61 million records related to fitness trackers and wearables. Data breaches are a big concern to the users making it an obstacle for people to adopt the use of these devices and thus, impacts market growth negatively.
The use of smart rings is a key trend shaping the growth of the smart wearables market. A smart ring is a wearable electronic device equipped with mobile devices such as sensors and NFC chips that are used as a peripheral tool to assist mobile devices for a variety of purposes, often monitoring everyday tasks. For example, in September 2019, Amazon introduced the Echo Loop Smart Ring with the intention of keeping Alexa on finger. The Echo Loop Smart Ring vibrates to alert users to notifications, while built-in microphones and speakers will be enabled to communicate with Alexa.
In November 2019, Google LLC, a US-based multinational technology company, acquired Fitbit, Inc. for $2.1 billion. The acquisition of Fitbit was aimed to strengthen Google LLC in the business of smart wearable devices. Fitbit, Inc., a US-based company, is specialized in the production of wireless wearable technology devices.
The countries covered in the smart wearables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
A selection of companies mentioned in this report includes:
- Apple Inc.
- Samsung
- Xiaomi
- Nike
- Motorola Solutions Inc.
- Garmin
- Jawbone
- Misfit
- Polar
- Huawei
- BBK(XTC)
- Razer
- Fossil Group Inc.
- Medtronic PLC.
- Transcend Information Inc.
- Adidas AG.
- Sony Corporation
- Huawei Technologies Co. Ltd.
- LG Electronics Inc.
- Fossil Group Inc.
- Jawbone
- Misfit
- Pebble Technology Corp.
- Polar Electro Inc.
- Withings SA
- Michael Kors
- Casio Electronics Co. Ltd.
- TAG Heuer
LOADING...