+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)

Global Wearable Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026

  • PDF Icon

    Report

  • August 2018
  • Region: Global
  • Acute Market Reports
  • ID: 4620337
Wearable Devices Market - Growth, Future Prospects and Competitive Analysis, 2018-2026, reveals that the global Wearable Devices market recorded 130.8 Mn units shipment in 2017 and expected to grow at the CAGR of 16.5% from 2018 to 2026.

Market Insights
The growing emergence of IT technology in the healthcare & medical, fitness & wellness, military & defense, etc. expected to boost the demand for wearable devices in near future. These devices can be worn on the user’s body 24x7 and contain wireless connectivity, advanced circuitry, and at least a minimal level of independent processing capability. Wearable devices find promising application in multiple sector such as fitness & wellness, healthcare & medical, infotainment, enterprise & industrial, military & defense and others (sports, lifestyle, etc.). Increasing penetration of smartphones, increased preventive care, increased prevalence of chronic disease, aging population, rising awareness about health & fitness, etc. are some of the factors driving the demand for wearable devices across the globe. However, high cost of devices, durability, limited battery life, data security issues, etc. are some major factor expected to hamper the growth of wearable devices during the forecast period.

Wearable devices includes different products such as smart watches, fitness & activity tracker, smart eyewear, smart clothing, medical devices, and others (cameras, smart jewelry, ear/head phones, etc.). In 2017, Smart watches accounted for the largest share in terms of market value and unit shipments, followed by fitness & activity tracker and medical devices. Medical devices segment expected to witness the robust CAGR between 2018 and 2026 owing to technological advances in healthcare & medical sector, growing number of pharmacies & healthcare apps compatible with wearable devices, rising trend of wireless connectivity among healthcare providers, and increasing awareness about physical fitness.

Fitness & Wellness dominated the Wearable Devices market by end-use industry in 2017. Different demographic and social trends such as higher ratio of seniors, rising increased prevalence of chronic disease, average life expectancy, and increasing proportion of patients requiring long-term care expected to supplement the demand for various wearable devices from this segment. Healthcare and Medical segment acquired over 20% market share in terms of market value in 2017.

Wearable Devices market is segmented by distribution channel in following categories: online retailing, exclusives stores, multi-brand stores, hypermarket and pharmacies. Wherein, exclusives stores led the segment with largest share of devices sale in 2017. Based on the geography, North America is the leading region during 2017-2018 in terms of value and volume. Factors such as increasing application of remote patient monitoring and home care, aging population, presence of affluent millennial generation, increasing number of professional athletes, and clinical and military research mainly in U.S. propelling the growth of wearable devices in the region. While, Asia-Pacific is identified as the fastest growing owing to population with rising disposable income, rapid economic growth, and increasing expenditure into healthcare sector and defense sector.

With a strong presence in smart watch market, Apple Inc. seized the leader position in wearable devices market in 2017, whereas Fitbit and Xiaomi closely follows the Apple Inc. in terms of unit shipment market share during 2017-2018. Apple Inc. expected to dominate the wearable devices market in near future due to surge in smart watch shipment across the globe. Key manufacturers of wearable devices operating in the market include Apple, Samsung, LG, Fitbit, MI, Nike, Flex, Sony, Garmin, Huawei, Eurotech, Abbot, and Medtronic among others.

This product will be delivered within 2 business days.

Table of Contents

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.5 Top-Down Approach
1.3.6 Bottom-Up Approach
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Wearable Devices Market
2.1.1 Global Wearable Devices Market, by Type, 2017 (Mn Units) (US$ Bn)
2.1.2 Global Wearable Devices Market, by End-use Industries, 2017 (Mn Units) (US$ Bn)
2.1.3 Global Wearable Devices Market, by Distribution Channel, 2017 (Mn Units) (US$ Bn)
2.1.4 Global Wearable Devices Market, by Geography, 2017 (Mn Units) (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising Adoption of Electronics in Asia-Pacific
3.2.1.2 Driver
3.2.2 Challenges
3.2.2.1 Challenge
3.2.2.2 Challenge
3.2.3 Opportunities
3.2.3.1 Opportunity
3.2.3.2 Opportunity
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Competitive Landscape: Market Positioning of Key Players, 2017
Chapter 4 Global Wearable Devices Market, by Product Type
4.1 Overview
4.1.1 Global Wearable Devices Market Value Share, by Product Type, 2017 & 2026 (Value, %)
4.1.2 Global Wearable Devices Market, by Product Type, 2016 – 2026 (Mn Units) (US$ Bn)
4.2 Smart Watches
4.2.1 Global Wearable Devices Market, by Smart Watches, 2016 – 2026 (Mn Units) (US$ Bn)
4.3 Fitness & Activity Tracker
4.3.1 Global Wearable Devices Market, by Fitness & Activity Tracker, 2016 – 2026 (Mn Units) (US$ Bn)
4.4 Smart Eyewear
4.4.1 Global Wearable Devices Market, by Smart Eyewear, 2016 – 2026 (Mn Units) (US$ Bn)
4.5 Smart Clothing
4.5.1 Global Wearable Devices Market, by Smart Clothing, 2016 – 2026 (Mn Units) (US$ Bn)
4.6 Medical Devices
4.6.1 Global Wearable Devices Market, by Medical Devices, 2016 – 2026 (Mn Units) (US$ Bn)
4.7 Others
4.7.1 Global Wearable Devices Market, by Others, 2016 – 2026 (Mn Units) (US$ Bn)
Chapter 5 Global Wearable Devices Market, by End-use Industries
5.1 Overview
5.1.1 Global Wearable Devices Market Value Share, by End-use Industries, 2017 & 2026 (Value, %)
5.1.2 Global Wearable Devices Market, by End-use Industries, 2016 – 2026 (Mn Units) (US$ Bn)
5.2 Fitness & Wellness
5.2.1 Global Wearable Devices Market, by Fitness & Wellness, 2016 – 2026 (Mn Units) (US$ Bn)
5.3 Healthcare & Medical
5.3.1 Global Wearable Devices Market, by Healthcare & Medical, 2016 – 2026 (Mn Units) (US$ Bn)
5.4 Infotainment
5.4.1 Global Wearable Devices Market, by Infotainment, 2016 – 2026 (Mn Units) (US$ Bn)
5.5 Enterprise & Industrial
5.5.1 Global Wearable Devices Market, by Enterprise & Industrial, 2016 – 2026 (Mn Units) (US$ Bn)
5.6 Military & Defense
5.6.1 Global Wearable Devices Market, by Military & Defense, 2016 – 2026 (Mn Units) (US$ Bn)
5.7 Others
5.7.1 Global Wearable Devices Market, by Others, 2016 – 2026 (Mn Units) (US$ Bn)
Chapter 6 Global Wearable Devices Market, by Distribution Channel
6.1 Overview
6.1.1 Global Wearable Devices Market Value Share, by Distribution Channel, 2017 & 2026 (Value, %)
6.1.2 Global Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
6.2 Online Retailing
6.2.1 Global Wearable Devices Market, by Online Retailing, 2016 – 2026 (Mn Units) (US$ Bn)
6.3 Exclusives Stores
6.3.1 Global Wearable Devices Market, by Exclusives Stores, 2016 – 2026 (Mn Units) (US$ Bn)
6.4 Multi-brand Stores
6.4.1 Global Wearable Devices Market, by Multi-brand Stores, 2016 – 2026 (Mn Units) (US$ Bn)
6.5 Hypermarket
6.5.1 Global Wearable Devices Market, by Hypermarket, 2016 – 2026 (Mn Units) (US$ Bn)
6.6 Pharmacies
6.6.1 Global Wearable Devices Market, by Pharmacies, 2016 – 2026 (Mn Units) (US$ Bn)
Chapter 7 Global Wearable Devices Market, by Geography
7.1 Overview
7.1.1 Global Wearable Devices Market Value Share, by Geography, 2017 & 2026 (Value %)
7.1.2 Global Wearable Devices Market, by Geography 2016 – 2026 (Mn Units) (US$ Bn)
7.2 North America
7.2.1 North America Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units) (US$ Bn)
7.2.2 North America Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units) (US$ Bn)
7.2.3 North America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
7.2.4 North America Wearable Devices Market, by Country (Mn Units) (US$ Bn)
7.3 Europe
7.3.1 Europe Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units) (US$ Bn)
7.3.2 Europe Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units) (US$ Bn)
7.3.3 Europe Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
7.3.4 Europe Wearable Devices Market, by Country/Region (Mn Units) (US$ Bn)
7.4 Asia-Pacific
7.4.1 Asia-Pacific Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units) (US$ Bn)
7.4.2 Asia-Pacific Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units) (US$ Bn)
7.4.3 Asia-Pacific Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
7.4.4 Asia-Pacific Wearable Devices Market, by Country/Region (Mn Units) (US$ Bn)
7.5 Latin America
7.5.1 Latin America Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units) (US$ Bn)
7.5.2 Latin America Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units) (US$ Bn)
7.5.3 Latin America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
7.5.4 Latin America Wearable Devices Market, by Country/Region (Mn Units) (US$ Bn)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units) (US$ Bn)
7.6.2 Middle East & Africa Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units) (US$ Bn)
7.6.3 Middle East & Africa Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units) (US$ Bn)
7.6.4 Middle East & Africa Wearable Devices Market, by Region (Mn Units) (US$ Bn)
Chapter 8 Company Profiles
8.1 Apple Inc.
8.2 Samsung
8.3 LG
8.4 Fitbit
8.5 MI
8.6 Garmin
8.7 Huawei
8.8 Eurotech
8.9 Abbot
8.10 Medtronic
List of Figures:
Figure. 1 Global Wearable Devices Market: Research Methodology
Figure. 2 Market Size Estimation – Top Down & Bottom up Approach
Figure. 3 Global Wearable Devices Market Segmentation
Figure. 4 Global Wearable Devices Market, by Product Type, 2017 (Mn Units, US$ Bn)
Figure. 5 Global Wearable Devices Market, by End-use Industry, 2017 (Mn Units, US$ Bn)
Figure. 6 Global Wearable Devices Market, by Distribution Channel, 2017 (Mn Units, US$ Bn)
Figure. 7 Global Wearable Devices Market, by Geography, 2017 (Mn Units, US$ Bn)
Figure. 8 Attractive Investment Proposition, by Geography, 2017
Figure. 9 Competitive Landscape: Market Positioning of Key Wearable Devices Manufacturers, 2017
Figure. 10 Global Wearable Devices Market Value Share, by Product Type, 2017 & 2026 (Value, %)
Figure. 11 Global Wearable Devices Market, by Smart Watches, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 12 Global Wearable Devices Market, by Fitness & Activity Tracker, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 13 Global Wearable Devices Market, by Smart Eyewear, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 14 Global Wearable Devices Market, by Smart Clothing, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 15 Global Wearable Devices Market, by Medical Devices, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 16 Global Wearable Devices Market, by Others, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 17 Global Wearable Devices Market Value Share, by End-use Industries, 2017 & 2026 (Value, %)
Figure. 18 Global Wearable Devices Market, by Fitness & Wellness, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 19 Global Wearable Devices Market, by Healthcare & Medical, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 20 Global Wearable Devices Market, by Infotainment, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 21 Global Wearable Devices Market, by Enterprise & Industrial, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 22 Global Wearable Devices Market, by Military & Defense, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 23 Global Wearable Devices Market, by Others, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 24 Global Wearable Devices Market Value Share, by Distribution Channel, 2017 & 2026 (Value, %)
Figure. 25 Global Wearable Devices Market, by Online Retailing, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 26 Global Wearable Devices Market, by Exclusives Stores, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 27 Global Wearable Devices Market, by Multi-brand Stores, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 28 Global Wearable Devices Market, by Hypermarket, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 29 Global Wearable Devices Market, by Pharmacies, 2016 – 2026 (Mn Units) (US$ Bn)
Figure. 30 Global Wearable Devices Market Value Share, by Geography, 2017 & 2026 (Value %)
List of Tables:
Table 1 Market Snapshot: Global Wearable Devices Market Volume
Table 2 Market Snapshot: Global Wearable Devices Market Value
Table 3 Economic Growth in Leading Asia-Pacific Countries
Table 4 Global Wearable Devices Market, by Product Type, 2016 – 2026 (Mn Units)
Table 5 Global Wearable Devices Market, by Type 2016 – 2026 (US$ Bn)
Table 6 Global Wearable Devices Market, by End-use Industries, 2016 – 2026 (Mn Units)
Table 7 Global Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 8 Global Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 9 Global Wearable Devices Market, by Distribution Channel 2016 – 2026 (US$ Bn)
Table 10 Global Wearable Devices Market, by Geography 2016 – 2026 (Mn Units)
Table 11 Global Wearable Devices Market, by Geography 2016 – 2026 (US$ Bn)
Table 12 North America Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units)
Table 13 North America Wearable Devices Market, by Product Type 2016 – 2026 (US$ Bn)
Table 14 North America Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units)
Table 15 North America Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 16 North America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 17 North America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (US$ Bn)
Table 18 North America Wearable Devices Market, by Country 2016 – 2026 (Mn Units)
Table 19 North America Wearable Devices Market, by Country 2016 – 2026 (US$ Bn)
Table 20 Europe Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units)
Table 21 Europe Wearable Devices Market, by Product Type 2016 – 2026 (US$ Bn)
Table 22 Europe Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units)
Table 23 Europe Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 24 Europe Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 25 Europe Wearable Devices Market, by Distribution Channel, 2016 – 2026 (US$ Bn)
Table 26 Europe Wearable Devices Market, by Country/Region 2016 – 2026 (Mn Units)
Table 27 Europe Wearable Devices Market, by Country/Region 2016 – 2026 (US$ Bn)
Table 28 Asia-Pacific Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units)
Table 29 Asia-Pacific Wearable Devices Market, by Product Type 2016 – 2026 (US$ Bn)
Table 30 Asia-Pacific Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units)
Table 31 Asia-Pacific Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 32 Asia-Pacific Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 33 Asia-Pacific Wearable Devices Market, by Distribution Channel, 2016 – 2026 (US$ Bn)
Table 34 Asia-Pacific Wearable Devices Market, by Country/Region 2016 – 2026 (Mn Units)
Table 35 Asia-Pacific Wearable Devices Market, by Country/Region 2016 – 2026 (US$ Bn)
Table 36 Latin America Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units)
Table 37 Latin America Wearable Devices Market, by Product Type 2016 – 2026 (US$ Bn)
Table 38 Latin America Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units)
Table 39 Latin America Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 40 Latin America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 41 Latin America Wearable Devices Market, by Distribution Channel, 2016 – 2026 (US$ Bn)
Table 42 Latin America Wearable Devices Market, by Country/Region 2016 – 2026 (Mn Units)
Table 43 Latin America Wearable Devices Market, by Country/Region 2016 – 2026 (US$ Bn)
Table 44 Middle East & Africa Wearable Devices Market, by Product Type 2016 – 2026 (Mn Units)
Table 45 Middle East & Africa Wearable Devices Market, by Product Type 2016 – 2026 (US$ Bn)
Table 46 Middle East & Africa Wearable Devices Market, by End-use Industries 2016 – 2026 (Mn Units)
Table 47 Middle East & Africa Wearable Devices Market, by End-use Industries 2016 – 2026 (US$ Bn)
Table 48 Middle East & Africa Wearable Devices Market, by Distribution Channel, 2016 – 2026 (Mn Units)
Table 49 Middle East & Africa Wearable Devices Market, by Distribution Channel, 2016 – 2026 (US$ Bn)
Table 50 Middle East & Africa Wearable Devices Market, by Region 2016 – 2026 (Mn Units)
Table 51 Middle East & Africa Wearable Devices Market, by Region 2016 – 2026 (US$ Bn)
Table 52 BASF SE: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 53 Samsung: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 54 LG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 55 Fitbit: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 56 MI: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 57 Garmin: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 58 Huawei: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 59 Eurotech: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 60 Abbot: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 61 Medtronic: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Companies Mentioned

  • Apple Inc.
  • Samsung
  • LG
  • Fitbit
  • MI
  • Garmin
  • Huawei
  • Eurotech
  • Abbot
  • Medtronic